Nonprofits

Nonprofits and The CARES Act

Accessing Emergency SBA Loans to Stay Mission-Focused Hosted by the Community Foundation of New Jersey and RegentAtlantic’s Neighborhood Nononprofits Group Please join us for a time-sensitive, informative webinar discussing the critical aspects of the Payroll Protection Loan program. We will cover exactly what you need to be doing right now to access forgivable SBA loans so you can continue delivering on your mission.…

Fundholder Favorite: Preschool Advantage

May 16, 2019 When Rachel was three years old, her family was left struggling financially after her mother faced a catastrophic health situation. Preschool Advantage, a non-profit established in 1995 that provides tuition for children to attend a quality preschool, stepped in to pay for Rachel to attend.…

Major Step Forward: CFNJ Advocates for State Charitable Deduction in Trenton

March 4, 2019 Moments ago, the Senate Budget & Appropriations Committee unanimously approved Senate Bill 2179 which would allow New Jersey taxpayers to take a state income tax deduction for contributions to qualified New Jersey charities. The Community Foundation of New Jersey was in the room with our friends from the Center for Non-Profits and spoke with Senators on the merits of a state income tax deduction for charitable giving.…

Study: Donor Advised Funds Give Lifeline to Nonprofits During Recessions

February 27, 2019 When the next recession hits, donor-advised funds are expected to help cushion the financial blow faced by nonprofits, even as other revenue sources decline, a new study finds. The study — conducted by Dan Heist, a professor at the University of Pennsylvania, and Danielle Vance-McMullen, an assistant professor at the University of Memphis — used Internal Revenue Service data from 2007 to 2016 to analyze the grant making activity of donors who have funds at 996 donor-advised-fund sponsors.…

Community Foundation Grantmaking Way Up for 2018, Tops $66 million

The Community Foundation of New Jersey (CFNJ) today thanked its more than 1,100 fundholders for recommending a record 7,722 individual grants in 2018 totaling $66.7 million. This figure represents a $17 million increase in dollars going to worthy causes as compared to last year’s total of $49.5 million from 6,515 grants.…

Commentary: Tax law creates new approach to giving

November 23, 2018 The below article was published by the New Jersey Hills Media Group. Click here for the original article. Ask any New Jerseyan about our state’s biggest challenges and you will hear about property taxes, the pension system, or New Jersey Transit.…

Fundholder Favorite: ArtsPower in Cedar Grove

Fundholders at the Community Foundation of New Jersey support effective nonprofit organizations up and down our state. Over the next month, we’ll be sharing some of our fundholders’ favorite programs. As the season of giving approaches, we hope these short profiles inspire you to support new and worthwhile programs in New Jersey communities.…

Roots & Wings to Host Annual ‘Rise & Fly’ Gala on October 25th

Our friends and partners at Roots & Wings will host their annual Rise & Fly Gala on Thursday, October 25 at the Park Savoy Estate in Florham Park. The gala will honor Impact 100 Garden State and the two organization’s “shared commitment of ensuring the members of our community are able to reach their full potential.”…

Op-Ed: Charitable Deduction Would Help New Jersey Nonprofits

March 19, 2018 Hans Dekker in NJ Spotlight We have a long and rich history of philanthropic giving, but new data shows New Jersey falling to last place among wealthy states for giving While a state income tax deduction for charitable giving has long been a good idea for New Jersey, last year’s changes in federal tax laws make it all the more urgent.…

Partners for Health Foundation Seeking Nominations

February 12, 2018 As part of their 10-Year Anniversary celebration, our friends at the Partners for Health Foundation will recognize people and individuals who have made extraordinary contributions to health and well-being in their 15 service area communities. Up to $100,000 will be distributed among 10 award winners in 2018.…