Community Foundation of New Jersey
Community Foundation of New Jersey
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About this organization
Mission
To connect donors to organizations, provide leadership and support to donors, community organizations, leaders and foundations to achieve the art of lasting philanthropy.
About
Since 1979, the Community Foundation of New Jersey (CFNJ) has been a trusted partner in the state working with hundreds of families, businesses, and foundations to turn private resources into charitable funds that benefit causes and communities. Through the use of individual and corporate donor advised funds, scholarships, legacy funds, and others, CFNJ made 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 the 2017 total of $49.5 million from 6,515 grants. CFNJ currently stewards more than $460 million in charitable assets, making grants to nonprofit organizations in line with the advice of active fundholders or philanthropic goals of those who leave bequests.
Interesting data from their 2020 990 filing
In the filing, the mission of the non-profit is noted as “To connect donors to organizations, issues and geographic areas important to them over time, in addition to provide leadership and support to donors, community organizations, leaders and foundations to achieve the art of lasting philanthropy.”.
When referring to its responsibilities, they were outlined as: “To connect donors to organizations, provide leadership and support to donors, community organizations, leaders and foundations to achieve the art of lasting philanthropy.”.
- The state in which the non-profit is legally registered to operate is NJ, as per legal records.
- The filing documents the non-profit's address in 2020 as 37 HEDGES AVENUE, CHATHAM, NJ, 07928.
- According to the non-profit's form, they have 30 employees on their payroll as of 2020.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $46,297,682.
- The organization has 20 independent voting members.
- The organization was formed in 1979.
- The organization pays $2,990,645 in salary, compensation, and benefits to its employees.
- The organization pays $66,506 in fundraising expenses.