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Provident Bank has awarded $475,000 in funding to five nonprofit organizations as part of the New Jersey Department of Community Affairs’ Neighborhood Revitalization Tax Credit Program for Fiscal Year 2022.
The nonprofit organizations will use the funding to implement revitalization plans that address housing and economic development, provide opportunities for entrepreneurs to start businesses and job training for local residents, as well as complementary activities such as social services, recreation activities and open space improvements.
The New Jersey Department of Community Affairs served as the intermediary agency between the nonprofit organizations and Provident Bank.
At a recent Ocean & Monmouth Funders Roundtable, the group discussed all of the different databases and lists of nonprofits available to philanthropy to be able to research new and different nonprofits.
The Inclusive Growth ScoreTM provides local planners, governments and impact investors with a clear, simple view of social and economic indicators for any census tract in the United States.
The role of corporate philanthropy is at a pivotal point as executive, employee, and customer expectations shift and stakeholders increasingly expect businesses to value and invest in societal welfare. In this rapidly evolving environment, there is opportunity for corporate foundations to reevaluate traditional approaches to grant making, social responsibility, and engagement with counterpart organizations.
The life sciences and health care industry provides an exceptionally compelling illustration of macrophilanthropic trends and possibilities. Although all industries can constructively transform existing corporate philanthropy models, the life sciences and health care ecosystem is experiencing dramatic increases in consumer engagement, perceived social responsibility, and global attention that make more thoughtful, strategic philanthropic investment especially urgent. In this paper, they examine the current health ecosystem, evolving stakeholder expectations, the unique position of life sciences and health care foundations to effect critical change,and alternative engagement models with demonstrated track records of success on an international scale.
Stanford Social Innovation Review is a quarterly magazine produced by the Stanford Center on Philanthropy and Civil Society at Stanford University.
CNJG members are eligible for $10 off a subscription to Stanford Social Innovation Review (SSIR). The discounted rate is $39.95 for a one year print plus digital subscription for U.S. subscribers who subscribe online with credit card.
To obtain this discount, visit the Forum & CNJG members page on the SSIR website.
SSIR also offers a free enewsletter, announcing news and events of interest to nonprofits, foundations, and socially responsible businesses. Signing up is very fast and easy—just go to their homepage and enter your email address in the enewsletter box.
The COVID-19 public health and economic crisis has changed our world as we know it. As employers moved to remote work, schools shifted to distance learning, and businesses closed completely, it became clear that the impact on residents, nonprofits, and businesses was far greater than anyone could have ever imagined.
In response to the growing and evolving needs of our region, the Greater Washington Community Foundation established the COVID-19 Emergency Response Fund to raise and rapidly deploy funding to local nonprofits providing food, shelter, educational supports, and other critical services.
From the beginning our goal was clear: to address the immediate needs and reach adversely affected communities, particularly low-income households and communities of color. We know all too well that in a crisis like this, these marginalized communities are hit the hardest, and often take the longest to recover.
In times of crises, The Community Foundation is our region’s philanthropic first responder, bringing together individuals and families, philanthropic peers, corporate partners, and local government advisors to address community issues. Building on our rich history of emergency response work, we grounded our COVID-19 response efforts in a similar coordinated approach.
This report chronicles the steps taken, under immense pressure, to develop a coordinated emergency response effort to support a broad range of needs across the region. Once again this effort has demonstrated that working in partnership and close collaboration with our philanthropic peers and local government advisors is an effective way to manage a response to both urgent and longer-term needs.
As New Jersey enters its 9th week of sheltering in place and the close of businesses deemed non-essential, we have already seen the impact of policy decisions and the immense and growing need in our communities. The sheer number of people stricken with COVID-19, heartbreak of families and loved ones as they respond, widespread unemployment, difficulty accessing services, a lack of resources for immigrant and undocumented populations, financial uncertainty of nonprofits and small businesses, and a steep decline in physical and mental health, are some of the devastating challenges facing our country and state at this time.
Named to Gov. Murphy’s Restart and Recovery Advisory Council, Brandon McKoy, President of New Jersey Policy Perspective (NJPP) will present an overview of federal and state policy implemented in response to the COVID-19 crisis, with a special focus on how these policies impact nonprofits, vulnerable communities, and the state budget. A new NJPP report cautions, “Without proper funding, state government cannot fully serve the needs of the public, especially during a time of crisis when the demand for services is at an all-time high.” Brandon will share challenges in implementing these policies, policy recommendations to strengthen New Jersey’s response and recovery to the pandemic, and proposed systems change beyond resilience.
Cost: Free for CNJG Members and Nonmember Grantmakers
This program is only open to staff and trustees from grantmaking organizations.
Webinar Video
Community foundations are beginning to deepen and shift how they work, adopting an anchor mission that seeks to fully deploy all resources to build community wealth. Moving into territory relatively uncharted for community foundations, they are taking up impact investing and economic development — some in advanced ways, others with small steps. This report offers an overview of how 30 representative community foundations — including The Seattle Foundation, the Vermont Community Foundation, and the Greater Cincinnati Foundation — are working toward adopting this new anchor mission.
This Democracy Collaborative report was written by Marjorie Kelly, Senior Fellow and Director of Special Projects and Violeta Duncan, Community Development Associate.
A sample conflict of interest form for independent private foundations.
In the December issue of Governing magazine, a national trade publication, a featured article “But what did Cory Booker actually accomplish in Newark?” cites the Council of New Jersey Grantmakers and Jeremy Johnson, the Newark Philanthropic Liaison, in connection with the public-private partnership to establish the Newark Office of Reentry. Among the highlights, the article reports ‘Booker’s strategy for seeking help took many forms. It wasn’t just about selling the city to businesses. It also meant leveraging financial support from the philanthropic sector. To do so, the city hired a philanthropy liaison, Jeremy Johnson, whose position is paid for by an outside funder, the Council of New Jersey Grantmakers.
Newark is one of the only places in the country to designate someone on staff with the explicit role of engaging foundations for the funding of public projects. “You really need the leader of your city to believe that philanthropy can help and can work in tandem with government,” Johnson says.’ Newark Funders continue to be committed these goals, meeting with Newark mayoral candidates in December to discuss their ongoing efforts and the role of the Newark Philanthropic Liaison.
The New Jersey Economic Development Authority (NJEDA) today announced the New Jersey Community Stage Relief Grant Program. The $17.5 million program will provide grants of up to $300,000 to eligible for-profit establishments that host at least two regularly occurring live performances or events per week.
“From Count Basie and Springsteen to Sinatra and Queen Latifah, New Jersey has a long and rich history of supporting performing artists and the venues where they connect with their fans. The COVID-19 pandemic hit performing arts businesses particularly hard, and now that we are able to begin safely reopening it is critical that we help them get back on their feet,” said NJEDA Chief Executive Officer Tim Sullivan. “The New Jersey Community Stage Relief Grant Program, along with the New Jersey Council on the Arts program for nonprofit establishments, will provide much-needed funding to help performing arts venues recover from the impact of COVID-19 and get back to hosting the shows that help make New Jersey such a vibrant, exciting place to live.”