Community Foundation of New Jersey

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Community Foundation of New Jersey's Grantmaking

In 2023, the Community Foundation of New Jersey (CFNJ) demonstrated its robust philanthropic impact by recommending over $70 million in grants to various worthy causes and communities. Notably, more than $20 million of these grants were specifically allocated to initiatives aimed at enhancing food security. This substantial financial commitment underscores CFNJ's dedication to addressing critical needs within the community, reflecting its strategic focus on supporting essential services and fostering community well-being.

Community Foundation of New Jersey's Funds Management

Managing an impressive array of over 1,160 funds, the Community Foundation of New Jersey plays a pivotal role in philanthropic efforts statewide. In 2022 alone, the foundation granted more than $150 million to nonprofits, illustrating its capacity to mobilize resources effectively. CFNJ offers a variety of charitable fund options, including donor advised funds, legacy funds, scholarship funds, and business advised funds. These diverse fund types cater to a wide range of donor preferences and philanthropic goals, enabling tailored giving strategies that resonate with the specific interests and intentions of its benefactors.

Community Foundation of New Jersey's Philanthropic Services

The Community Foundation of New Jersey provides an extensive suite of philanthropic services designed to support and enhance individual and corporate charitable giving. These services include donor advised funds, which allow donors to recommend grants to their favorite causes, and planned giving, which helps donors integrate charitable giving into their financial and estate planning. Additionally, CFNJ offers business philanthropy services to assist companies in developing and managing their charitable initiatives, as well as scholarship funds aimed at supporting educational opportunities for students. These offerings are geared towards maximizing the impact of charitable contributions and fostering a culture of sustained philanthropy.

Community Foundation of New Jersey's Discretionary Grantmaking

CFNJ engages in discretionary grantmaking, focusing on initiatives that address public policy objectives or promote improvements in public systems. This strategic approach allows the foundation to proactively identify and support projects that have the potential to create systemic change and address root causes of social issues. By targeting grants towards these areas, CFNJ aims to foster long-term solutions and enhance the effectiveness of public services, thereby contributing to the overall betterment of New Jersey communities.

Community Foundation of New Jersey's Jersey Gives a Damn Podcast

The Community Foundation of New Jersey hosts the 'Jersey Gives a Damn' podcast, a platform featuring insightful conversations with leaders and changemakers across the state. This podcast serves as a valuable resource for listeners interested in learning about the various challenges and opportunities facing New Jersey communities, as well as the innovative solutions being implemented by local leaders. Through these discussions, the podcast aims to inspire and inform, highlighting the impactful work being done to address critical issues and improve the quality of life for residents.

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Companies similar to Community Foundation of New Jersey

The Community Foundation for Southeast Michigan, founded in 1984, supports residents in seven counties through grants and charitable funds, distributing over $1.4 billion to nonprofits in various fields.

Communities Foundation of Texas manages over 1,200 charitable funds and has awarded more than $2 billion in grants since 1953. It supports a wide range of community impact areas and runs key initiatives like NTX Giving Day and Educate Texas.