January 27, 2020 Of all the factors that go into creating a philanthropic legacy, central to it all is the “time horizon” for that legacy. According to Rockefeller Philanthropy Advisors, roughly two thirds of legacy-minded philanthropists opt for their philanthropy…
November 13, 2019 Philanthropic-minded individuals write their first will on average when they are 44 years old and almost all (91.6%) use a legal advisor to help them. That’s according to our friends at Giving USA who just released findings…
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…
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…
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…
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,…
January 12, 2018 The word “philanthropy” usually brings to mind the act of giving in support of a worthy cause. And this description is, of course, true. At its core, however, philanthropy is much more. As entrepreneur and philanthropist Eli…
January 2, 2018 See below for a detailed summary of recent tax changes from our friends and partners at RegentAtlantic. The recent tax law changes were the most disruptive changes to the tax code in more than 30 years. The…
December 29, 2017 As appeared in the Daily Record As we end a year of heightened civic awareness and pointed civil discord — capped by a major overhaul to the U.S. tax code — we at the Community Foundation of…
November 2, 2017 One of the Community Foundation’s longtime fundholders is driving an effort to improve nonprofit employee retirement packages with an eye to increasing long-term resources for employees, nonprofit effectiveness, and employee retention. Charities and their boards are heeding…