The board was introduced to the community this week via the media and also announced its plans for the next two-years.
"JFE is a significant social-educational organization that has played a very important role for more than a quarter of a century within our community.
"The foundation has assisted many students with a supplementary scholarship. I am very confident that the new board will carry on the good work that its founder the late Gaston Boasman promoted over a period of 25-years.
"The volunteer sector within our community plays a very important role in providing various services and products to our society. I wish the new board much success with their plans for 2009," Commissioner of Education Sarah Wescot-Williams told the Government Information Service (GIS).
One of the plans of JFE is to raise an amount of US$25,000 in its pledge system, which had been introduced about five years ago under the presidency of Gaston Boasman.
JFE is also planning its annual walkathon scheduled for April 4 and its gala dinner in November.
Funds raised go towards supplementary scholarships for St. Maarten students pursuing tertiary studies on the island and abroad. Since the establishment of JFE, the foundation has awarded more than half a million dollars in supplementary scholarships.
Elections for the new board were held back in December 2008.