Community Foundation of New Jersey

Community Foundation Fundholders Give More than $150 Million in 2022

The Community Foundation of New Jersey (CFNJ) today thanked its 1,160 fundholders for making 7,350 philanthropic gifts to worthy causes and communities in 2022 totaling approximately $153 million. The total dollar amount of grants is a record for the Community Foundation, following annual grantmaking of $103 million in 2021, $87.5 million in 2020, and $57.8 million in 2019.

CFNJ currently stewards over $725 million in charitable assets, making grants to nonprofit organizations in line with the advice of active fundholders or the philanthropic goals of those who leave bequests. Fifty-seven new funds were established in 2022.

Last year marked the final year of grantmaking for the New Jersey Pandemic Relief Fund, which the Community Foundation was proud to host in partnership with First Lady Tammy Murphy. Final grants included:

Also in 2022, the Community Foundation of New Jersey and the Community Foundation of South Jersey were awarded a planning grant from the Robert Wood Johnson Foundation to co-design and re-envision the New Jersey Health Initiatives program through an equity and community-building lens that will invest significant dollars over the next ten years to empower residents to create system changes that result in healthier communities.

In 2022, the Community Foundation announced two new corporate partnerships, with Johnson & Johnson Vision and Biosense Webster, resulting in $878,000 in grants across the United States.

“Philanthropic giving through the Community Foundation saw a tremendous spike during the COVID-19 pandemic and, remarkably, hasn’t slowed since,” said Hans Dekker, president of the Community Foundation of New Jersey. “The more than $150 million in grants our team processed on behalf of active fundholders and in line with the wishes of those who left bequests have strengthen many New Jersey counties through some very challenging years. We’re proud to work with these individuals, families, and businesses – and many new ones this year – to maximize the impact of their giving.”

Additional highlights of the year’s giving and impact include:

Charity Navigator, the nation’s largest and most-utilized evaluator of charities, has previously named the Community Foundation of New Jersey one of the top ten community foundations in the United States and one of the top ten charities in New Jersey, owing to its high scores on financial accountability and transparency metrics.

About the Community Foundation of New Jersey

The Community Foundation of New Jersey creates and scales custom solutions for purpose-driven individuals, families, and businesses. From creative projects that tackle critical societal or policy issues to scholarship funds, corporate philanthropy, legacy funds and donor advised funds, CFNJ manages nearly every kind of giving vehicle and tailors solutions to meet critical needs. CFNJ’s team of specialists understand the unique contours of communities and manage the scope of CFNJ investment and grantmaking capabilities with precision. With $725 million in assets, the Community Foundation grants tens of millions of dollars each year through its more than 1,100 funds. In 2022, CFNJ granted more than $150 million to nonprofits in New Jersey and beyond.

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