Community Foundation of New Jersey 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.