Articles

Impact 100 Garden State Announces 2020 Grant Recipients

Impact 100 Garden State announced their 2020 grant recipients on Wednesday, July 8th during a Zoom virtual event attended by over 200 people. Members voted to award three $100,000 grants to the following recipients and their programs: Cornerstone Family Programs – Teen Pathways to Brighter Futures (Morristown, Morris County) Homeless Solutions Inc.

Community Foundation Giving Way Up

June 24, 2020 Market downturns often have a negative impact on charitable giving, and that has certainly been the case so far this year. As the Dow shed more than one third of its value in March, the Association of Fundraising Professionals reports that individual giving declined by 6 percent in the first quarter.…

New Donor Portal Coming Soon

June 12, 2020 You spoke and we’re listening! We’ve heard from many fundholders about their desire to do even more of their grantmaking online, and we’ve seen ourselves how popular online giving has become. That’s why, later this month, we’ll be introducing a new online donor portal.

Using a CLAT to create an income stream to charities

June 8, 2020 Our recent communications have highlighted the unique importance of Qualified Charitable Distributions (QCDs) and Charitable Lead Annuity Trusts (CLATs) in today’s market conditions. Given the critical needs facing our community right now, the team at the Community Foundation wants to reiterate the value of these two planning tools.…

Impact 100 Garden State Announces 2020 Grant Finalists

June 4, 2020 Impact 100 Garden State is pleased to announce its 2020 Grant Finalists.  Here are the seven finalists along with their program names: Bonnie Brae – IIC Expansion: Alternative Therapies for Youth & Families (Liberty Corner, Somerset County) Caring Contact – Preparing for 988:  Building Hotline Capacity (Westfield, Union County) Cornerstone Family Programs – Teen Pathways to Brighter Futures (Morristown, Morris County) Family Promise – Road to Success: Empowering Families Through Transportation (Summit, Union County) Homeless Solutions Inc.…

A Letter to the Community

June 1, 2020 This morning was a particularly beautiful one in New Jersey. Sadly, it comes amidst deep pain, fear, and anguish in communities across our state and country. We at the Community Foundation of New Jersey are heartbroken by the killing of George Floyd in Minneapolis and the many senseless deaths that have preceded it.…

Welcoming our new CFO, Carolyn Lange

May 19, 2020 We at the Community Foundation of New Jersey are pleased to welcome our new Chief Financial Officer, Carolyn Lange. Carolyn’s decades of experience in finance and business strategy will be an asset to the Foundation as we continue to build a creative spectrum of investment offerings for fundholders and other philanthropic partners.…

Multiplying the effect of our philanthropy

April 14, 2020 The magnitude of the COVID-19 pandemic is challenging so much of the thinking around philanthropic giving, and stirring up an urgent desire for impact. Donors want to make things better now. We’re hearing this sentiment from the countless New Jerseyans we help give in ways that are personalized, precise, and flexible, but above all, effective.…

Impact on Nonprofits: The Coronavirus Aid, Relief, and Economic Security Act

March 26, 2020 Congressional negotiators and the White House reached a deal on the COVID-19 economic stimulus bill on Wednesday, with far-reaching consequences for nearly all aspects of the American economy. The $2 trillion legislation has several implications for the nonprofit sector, summarized below by our friend at the National Council of Nonprofits and the Community Foundation Public Awareness Initiative: Emergency Small Business Loans: Provides funding for special emergency loans of up to $10 million for eligible nonprofits and small businesses, permitting them to cover costs of payroll, operations, and debt service, and provides that the loans be forgiven in whole or in part under certain circumstances.…