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Impact Investing Bootcamp: Fundamentals for Driving Sustainable Philanthropy in New Jersey is a 3-part series introducing CNJG members to impact investing. The series will take place from March to May 2024.
The Council on Foundation defines impact investing as “any investment activity that intends to generate positive social and financial returns. Whether called impact investing, mission investing, social investing, social-impact investing, mission-related investing, program-related investing, or sustainable and responsible investing, the practice focuses on activating new financial resources to solve social and environmental problems.”
Impact investing as a tool can generate positive, measurable social and environmental impact alongside financial returns. By attending this series you will:
- Learn the fundamentals of how to create a more sustainable model of philanthropy through impact investing tools.
- Hear from experienced practitioners.
- Learn how to successfully integrate grantmaking and investment resources.
- Participate in interactive discussions with local peers.
- Hear examples of investments made in New Jersey and nationally.
- Attend a site visit to see impact investing in action.
- Receive a copy of the book “Impact Investing: The Practical Guide” by John Duong.
Session 1: In this full day workshop John Duong, founder and CEO of Kind Capital, will lead a dynamic and intensely focused full day of learning, knowledge-building, and exchange. The curriculum will include baseline information, the fundamentals of impact investment, methods and models, and opportunities for peer to peer and small group discussion and dialogue. A light breakfast and lunch is included.
COST: Free for CNJG Members
Registrants must attend all three sessions of the series.
Space Limited. No more than two people per organization can register.
Additional Session Information:
Tuesday, April 16, 2024, 9:00 am – 4:00 pm - Session 2: This session will feature a site visit to highlight a specific project and explore local case studies of NJ foundations implementing impact investment strategies. Grantmakers will have the opportunity to tour the project site, hear from nonprofit partners and participants, ask questions, and learn directly from those involved.
Thursday, May 16, Time TBD - Session 3: This virtual session will focus on setting the groundwork for New Jersey philanthropy to explore additional shared learning and co-investment opportunities. The discussion will be led by John Duong, Kind Capital.
Speaker:
Mr. Duong has been an investment banker at JP Morgan Chase, was founding Managing Director of Lumina Impact Ventures with Luminia, and was Program and Portfolio Officer with the W. K. Kellogg Foundation. John holds an executive MBA with a concentration in management and entrepreneurship from the Kellogg School of Management.
This CNJG program is sponsored by: Robert Wood Johnson Foundation and Victoria Foundation and presented by Kind Capital.
Resources
The Impact Principles website
Planet Tracker website - Reports for climate focused investors
Catalyzing Finance for Racial Equity
RPA Impact Investing Handbook
Impact Investing: A Primer for Family Foundaitons
What Can Foundations Do to Foster Community Investment?
The Role of Impact Capital in Advancing Racial Equity
Impact Capital for Racial Equity: Investing with Intention and Measuring Impact
Emerging Sources of Community Investment Capital and Strategies to Direct it at Scale
Mapping the Journey to Impact Investing
Roadmap for the Future of Impact Investing: Reshaping Financial Markets
Community Foundation Field Guide to Impact Investing
Essentials of Impact Investing
Endowments & Investing
Place-Based Impact Investing: Three Briefs for Practitioners
Impact Investing Bootcamp: Fundamentals for Driving Sustainable Philanthropy in New Jersey is a 3-part series introducing CNJG members to impact investing. The series will take place from March to May 2024.
The Council on Foundation defines impact investing as “any investment activity that intends to generate positive social and financial returns. Whether called impact investing, mission investing, social investing, social-impact investing, mission-related investing, program-related investing, or sustainable and responsible investing, the practice focuses on activating new financial resources to solve social and environmental problems.”
Impact investing as a tool can generate positive, measurable social and environmental impact alongside financial returns. By attending this series you will:
- Learn the fundamentals of how to create a more sustainable model of philanthropy through impact investing tools.
- Hear from experienced practitioners.
- Learn how to successfully integrate grantmaking and investment resources.
- Participate in interactive discussions with local peers.
- Hear examples of investments made in New Jersey and nationally.
- Attend a site visit to see impact investing in action.
- Receive a copy of the book “Impact Investing: The Practical Guide” by John Duong.
Session 3: This virtual session will focus on setting the groundwork for New Jersey philanthropy to explore additional shared learning and co-investment opportunities. The discussion will be led by John Duong, Kind Capital.
COST: Free for CNJG Members
Registrants must attend all three sessions of the series.
Space Limited. No more than two people per organization can register.
Additional Session Information:
Tuesday, March 12, 2024, 9:00 am – 4:30 pm - Session 1: In this full day workshop John Duong, founder and CEO of Kind Capital, will lead a dynamic and intensely focused full day of learning, knowledge-building, and exchange. The curriculum will include baseline information, the fundamentals of impact investment, methods and models, and opportunities for peer to peer and small group discussion and dialogue. A light breakfast and lunch is included.
Tuesday, April 16, 2024, 9:00 am – 4:00 pm - Session 2: This session will feature a site visit to highlight a specific project and explore local case studies of NJ foundations implementing impact investment strategies. Grantmakers will have the opportunity to tour the project site, hear from nonprofit partners and participants, ask questions, and learn directly from those involved.
Speaker:
Mr. Duong has been an investment banker at JP Morgan Chase, was founding Managing Director of Lumina Impact Ventures with Luminia, and was Program and Portfolio Officer with the W. K. Kellogg Foundation. John holds an executive MBA with a concentration in management and entrepreneurship from the Kellogg School of Management.
This CNJG program is sponsored by: Robert Wood Johnson Foundation and Victoria Foundation and presented by Kind Capital.
Resources
The Impact Principles website
Planet Tracker website - Reports for climate focused investors
Catalyzing Finance for Racial Equity
RPA Impact Investing Handbook
Impact Investing: A Primer for Family Foundaitons
What Can Foundations Do to Foster Community Investment?
The Role of Impact Capital in Advancing Racial Equity
Impact Capital for Racial Equity: Investing with Intention and Measuring Impact
Emerging Sources of Community Investment Capital and Strategies to Direct it at Scale
Mapping the Journey to Impact Investing
Roadmap for the Future of Impact Investing: Reshaping Financial Markets
Community Foundation Field Guide to Impact Investing
Essentials of Impact Investing
Endowments & Investing
Place-Based Impact Investing: Three Briefs for Practitioners
Impact Investing Bootcamp: Fundamentals for Driving Sustainable Philanthropy in New Jersey is a 3-part series introducing CNJG members to impact investing. The series will take place from March to May 2024.
The Council on Foundation defines impact investing as “any investment activity that intends to generate positive social and financial returns. Whether called impact investing, mission investing, social investing, social-impact investing, mission-related investing, program-related investing, or sustainable and responsible investing, the practice focuses on activating new financial resources to solve social and environmental problems.”
Impact investing as a tool can generate positive, measurable social and environmental impact alongside financial returns. By attending this series you will:
- Learn the fundamentals of how to create a more sustainable model of philanthropy through impact investing tools.
- Hear from experienced practitioners.
- Learn how to successfully integrate grantmaking and investment resources.
- Participate in interactive discussions with local peers.
- Hear examples of investments made in New Jersey and nationally.
- Attend a site visit to see impact investing in action.
- Receive a copy of the book “Impact Investing: The Practical Guide” by John Duong.
Session 2: This session will feature a site visit to Hinchliffe Stadium to highlight the project and explore local case studies of NJ foundations implementing impact investment strategies. Grantmakers will have the opportunity to tour the project site, hear from nonprofit partners and participants, ask questions, and learn directly from those involved.
COST: Free for CNJG Members
Registrants must attend all three sessions of the series.
Space Limited. No more than two people per organization can register.
Additional Session Information:
Tuesday, March 12, 2024, 9:00 am – 4:30 pm - Session 1: In this full day workshop John Duong, founder and CEO of Kind Capital, will lead a dynamic and intensely focused full day of learning, knowledge-building, and exchange. The curriculum will include baseline information, the fundamentals of impact investment, methods and models, and opportunities for peer to peer and small group discussion and dialogue. A light breakfast and lunch is included.
Thursday, May 16, Time TBD - Session 3: This virtual session will focus on setting the groundwork for New Jersey philanthropy to explore additional shared learning and co-investment opportunities. The discussion will be led by John Duong, Kind Capital.
Speaker:
Mr. Duong has been an investment banker at JP Morgan Chase, was founding Managing Director of Lumina Impact Ventures with Luminia, and was Program and Portfolio Officer with the W. K. Kellogg Foundation. John holds an executive MBA with a concentration in management and entrepreneurship from the Kellogg School of Management.
This CNJG program is sponsored by: Robert Wood Johnson Foundation and Victoria Foundation and presented by Kind Capital.
Resources
The Impact Principles website
Planet Tracker website - Reports for climate focused investors
Catalyzing Finance for Racial Equity
RPA Impact Investing Handbook
Impact Investing: A Primer for Family Foundaitons
What Can Foundations Do to Foster Community Investment?
The Role of Impact Capital in Advancing Racial Equity
Impact Capital for Racial Equity: Investing with Intention and Measuring Impact
Emerging Sources of Community Investment Capital and Strategies to Direct it at Scale
Mapping the Journey to Impact Investing
Roadmap for the Future of Impact Investing: Reshaping Financial Markets
Community Foundation Field Guide to Impact Investing
Essentials of Impact Investing
Endowments & Investing
Place-Based Impact Investing: Three Briefs for Practitioners
This paper explores community democracy as a cultural choice and a potential organizing system for philanthropy using stories that demonstrate its principles and practices, primarily growing from the experience of northern California communities. This experience offers a framework of principles and a beginning set of conclusions about how philanthropy can develop productive partnerships from the perspective of a place-based, community democracy.
From the Commonfund, these white papers on investment policy statements, spending policy, board governance and risk tolerance, together with their most recent studies of investments at private and community foundations, operating charities and nonprofit healthcare organizations are made available though CNJG's Investment Forum for Foundations and Endowments.
CNJG is tracking philanthropy’s response to the coronavirus pandemic by elevating our “Get on the Map” Campaign partnership with Candid (formerly Foundation Center). Candid recently launched their new coronavirus map, as a part of their coronavirus webpage. Now, we need your help to share funding efforts related to the coronavirus pandemic, so your COVID-19 grants can get on this new map. The more data that they can gather to complete the map, the more useful this resource will be for your organization.
Learn how you can share your data with Candid in this webinar as Kati Neiheisel, EReporting Liaison will walk us through the why and how of sharing data, and how sharing grants data informs the sector, locally, regionally, and globally. It is critical to be transparent and share this information with philanthropy in the coming weeks and months. Tracking this data will help coordinate and inform all of NJ Grantmakers' efforts for COVID-19 response and relief.
After this demonstration, we will hear from Linda Czipo, President and CEO at the Center for Non-Profits for an update on the results of the 2nd Rapid Response Coronavirus Nonprofit Survey conducted from April 3 to April 7. Linda will share information on nonprofits most urgent needs to better inform your grantmaking during this crisis. For results from the first survey, visit here.
Cost: Free for CNJG Members and NonMember Grantmakers
This program is only open to Grantmakers.
Webinar Video
Join us at the second NJ Corporate Philanthropy Network meeting of the year which will focus on what specific information you should zero in on when searching for any red flags in non-profit 990’s and financial statements. Seasoned Accountants, Sherise D, Ritter and Lovepreet Buttar, from The Mercadien Group will guide us. We’ll also touch on vetting sponsorship requests and hold our traditional round robin where meeting participants can share their burning questions/issues and lessons learned.
Lovepreet Buttar, Managing Director with Mercadien’s Nonprofit and Human Services Group, has extensive experience performing and overseeing audit engagements for various nonprofit organizations, including associations, schools, private foundations, and health and human services organizations. She is passionate about helping these organizations support their constituents and achieve their mission. She is also head of the firm’s Audit and Assurance practice and is responsible for both firm-wide and engagement-specific quality control matters and overseeing training for various for-profit, not-forprofit and government/public entities. In this role, she helps ensure the firm is using best practices that are compliant with Generally Accepted Accounting Principles (GAAP).
Sherise (Sherry) Ritter is Managing Director and Co-Chair of the The Mercadien Group’s Nonprofit and Human Services Group, as well as the Advisory Services Group. Serving as a trusted advisor, she meets with all of her clients at least once a year to advise them on topics such as tax planning and preparation, identifying risk areas and formulating solutions, strategy to meet growth goals, and multi-state and unrelated business income taxation and filing exposures. Additionally, she helps her clients with strategic planning, process efficiency and improvement studies, and mergers and acquisitions. She also specializes in the areas of cash flow management, accounting systems design, and board governance training.
Cost: Free for CNJG Members; $50 for Non Member Grantmakers
This program is only open to staff and trustees from grantmaking organizations.
Webinar Video
Resources
Blank 990 Form
990 Forms and their Schedules
The Overhead Myth: Crash Course to Fundraising Transparency
Charity Navigator's Assessment of Finances
With the overturning of Roe v. Wade, several states have either banned access to abortion care, or severely restricted access. As a result, states like New Jersey have seen a surge in individuals seeking care, further straining reproductive care providers. As New Jersey’s sole member of the National Network of Abortion Funds (NNAF), the New Jersey Access Abortion Fund advances abortion access and bodily autonomy by funding abortions for people traveling to, from, and within New Jersey. The very first portion of this briefing will be an update on the reproductive rights legal landscape from Attorney General Matthew J. Platkin. After the AG departs, we will then introduce attendees to NJAAF’s work and offer a frank conversation about economic barriers that making it difficult for individuals to seek care.
Speakers include:
Matthew J. Platkin, Attorney General, State of New Jersey
Hans Dekker, President, Community Foundation of New Jersey
Sheila Reynertson, Senior Program Officer, Robert Wood Johnson Foundation
Emily Zahn, Board Member, NJ Abortion Access Fund
Kathleen DiGiulio, Board Member, NJ Abortion Access Fund
Cost: Free for CNJG Members only
Quadira Coles (she/her)
Quadira Coles is a legislative/policy professional based in New Jersey/New York, committed to advocating for systemic and material changes that create liberating spaces and experiences for Black people, especially young people. She serves as the President of the New Jersey Abortion Access Fund. Her work focuses on reproductive and sexuality health justice and ending youth criminalization with a framework in Black Feminism. Her start in advocacy started when she began working directly with system-impacted youth through direct service and then worked on political campaigns and training young women to become community organizers. She has her Masters in Public Administration from John Jay College of Criminal Justice and Bachelors in Criminal Justice from Penn State University.
Emily Zahn (she/her)
Emily Zahn is the current Secretary of The New Jersey Abortion Access Fund. She has been a volunteer board member with NJAAF since 2022. With over ten years of experience in nonprofit organizing and fundraising, Emily has had the privilege of working for and volunteering with organizations including the National Institute for Reproductive Health, several Planned Parenthood affiliates, and California Women’s List. She currently works at ActBlue where she heads up their non-profit and PAC account management team. Emily is passionate about building community and connecting supporters to causes they care about in deep, meaningful ways. Emily holds a Master’s in Social Work from NYU and a BSW from Skidmore College.
CNJG's Storify content from their Signature Events.
The City of Newark and Newark Philanthropic Liaison are working closely with several consortia of nonprofits to address some of the City’s most critical challenges. Grantmakers with an interest in Newark are connecting with these groups to better understand issues, interact with organizational leaders, and find ways to leverage philanthropy across a range of needs.
The coalitions often have ambitious agendas that focus on reviewing and changing policy on local, statewide and national levels. They offer a platform to share information and create strong cases for increased investment from both public and private sources. Below is an overview of just three of these groups. Through their convenings, they provide a powerful opportunity for Newark-related nonprofits and grantmakers to mobilize to improve the fortunes of the State’s largest City.
Opportunity Reconnect
Mayor Cory Booker has made public safety the leading priority of his administration. Success will come only through lowered recidivism, better management, and increased job opportunities and support for persons returning from prison. The Opportunity Reconnect (OR) consortia meets weekly at Essex County College, the site of OR’s comprehensive one-stop center that offers ex-prisoners an array of services from dozens of organizations and agencies.
OR’s strength lies in its ability to create partnerships and memorandums of understanding among for-profit government contractors, community-based groups and government agencies. The shared protocols are having a profound effect on the City’s ability to provide efficient and effective services for thousands of returning inmates each month. The agreements are enabling the City to respond to RFPs from both private and federal sources to strengthen the capacity of OR and its effect on public safety. The City welcomes participation of grantmakers to further leverage the strength of these proposals and maximize OR’s continued growth.
Interagency Collaboration for Addiction Treatment
This informal collaborative of nonprofits, faith-based groups, government agencies, and funding partners meets regularly at Integrity House, a long-term residential and outpatient treatment program. Integrity House is the lead agency for the United Way’s Bridge to Recovery, a consortium effort of over 200 agencies dedicated to helping those with addiction problems.
Among ICAT’s goals is the creation of a central Newark facility to handle all intake, referral and screening of individuals in need of detox. The group is also seeking to link and combine databases among agencies for better support of clients, who often include the homeless and ex-prisoners. A number of legislative barriers prevent some persons from receiving aid to cover costs of addiction treatment. These persons often end up in hospital emergency rooms or under the jurisdiction of law enforcement. ICAT is looking at ways to advocate for policy changes that would provide the additional preventive-care funding to remedy these situations.
Green Future Summit Working Groups
Mayor Booker has called for the City to become a leader in urban sustainability by implementing economic and environmental strategies that will make Newark a safer, wealthier, and healthier place for its children and families. Under the auspices of Apollo Alliance, a national organization, a team of allies is developing an agenda and recruiting participants for the “Green Future Summit” in Newark on September 11-12. Pre-summit planning sessions have involved a coalition of businesses, government leaders, environmental groups, community-based organizations and grantmakers.
The coalition has divided into working groups focused on three areas: green buildings, green space, and green economic development/jobs. The working groups are now drafting roadmaps and defining concrete, measurable goals and strategies for each issue area (e.g. "retrofit 100 homes"). They are also securing commitments from stakeholders on how they will work to meet these goals.
The groups communicate through listservs and periodic check-in calls as they shape the Summit agenda, recruit speakers, and build the relationships necessary to carry their work forward to develop a roadmap for the City. Members of the CNJG are playing an active role in the Summit and additional partners are welcome.
CNJG members can gather a wealth of information by tapping into the resources of Newark’s collaborative groups. Additional consortia have been formed to address the foreclosure crisis, homelessness, newly-formed Family Success Centers, and other areas.
"Find people who will make you better."
—Michelle Obama
The day has arrived. It is my last day serving as President and CEO of the Council of New Jersey Grantmakers. In a few days, I will step over to your side of the aisle in my role leading the Champlin Foundation.
As I said at that beautiful and overwhelmingly wonderful farewell gathering last week, it has been an extraordinary gift and a profound privilege to serve in this role these past 13-plus years. And I feel very good about leaving this precious network in the hands of the exceptional team of Pat Foo, Theresa Jacks, and Craig Weinrich, along with the very capable interim leadership of Jon Shure and Connie Ludwin.
I’ve been struggling with what to say in my farewell message to all of you, the spectacular membership of the Council. First and foremost, I want to express my thanks and gratitude.
Thank you for the deep and wide education I’ve received these past 13 years because of all you do and want to do better. I’ve often said the best thing about this job is that I get to learn a little bit about a lot of different things because the membership has such fascinating and intensely important interests. I have gratitude for the amazing relationships I’ve been able to have with some of the smartest, kindest, most thoughtful, and creative people imaginable.
I also am enormously grateful for the opportunities I’ve been given.
- My year in Lead New Jersey that really laid so much of the groundwork I needed for CNJG’s programming and affinity groups.
- My two-month sabbatical that led directly to our Race, Racism and Ramifications for Philanthropy learning journey.
- The privilege to serve on the board and then chair our national network, the United Philanthropy Forum.
- And, the ability to help the Council make a meaningful difference in our field and our state through initiatives like Facing Our Future, the Disaster Philanthropy Playbook and our post-Sandy work, as well as creation of CNJG’s Guiding Beliefs and Principles.
Here is what is at the heart of all of it though: When a funder joins the Council it means they recognize they cannot do their best work in a vacuum or in isolation. They realize the need to find people who will make them better, just as I reference in Michelle Obama's quote above. They want to be smarter, work more thoughtfully, be truly effective. The Council is at its best when our members come together to learn, share ideas and strategies, collaborate, and be open to innovation. When I was given the gift of leading the Council, my mother would ask me to explain again what it was I would be doing. My response to her became my consistent little “elevator speech" for years to come. “My organization helps those that make grants be the best grantmakers they can be.”
As you all know well, working as a funder can get pretty heady. How does the joke go? Congratulations, you got a foundation job. You’ve now told your last bad joke. The power imbalance is so extreme.
What I’ve learned is that the best funders are the ones that really listen, not talk at their grantees about what they ought to be doing. Respect, faith, and appreciation for the people working in nonprofit charities is the hallmark of their approach. The best funders are the ones that show up as planned, on time for meetings and site visits, that don’t make an applicant jump through endless hoops for a grant -- especially a small grant.
The funders I’ve come to admire most are those that seek to understand a charity’s work and trust the expertise and wisdom of its executive leadership. These funders don’t micro-manage, mansplain, second-guess, or over burden. These funders recognize the power dynamic at play yet seek candid, colleague-to-colleague conversations and problem-solving with nonprofit leaders. They power-up nonprofit colleagues instead of powering over them.
These are just some of the marvelous lessons you’ve shared with me over the years, and I’m grateful to have them as I head into the role of a grantmaker for the largest private foundation in a small but mighty state.
With bountiful thanks and appreciation,
Nina Stack, President
Council of New Jersey Grantmakers