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The Bunbury Fund of the Princeton Area Community Foundation has awarded more than $3.8 million in grants to more than four dozen local nonprofits, marking the final phase of its $17 million Sunset Awards.
As part of its sunsetting process, the Fund has distributed a total of $17,139,000 across 74 grants to 55 organizations, concluding its 75-year philanthropic legacy that began with The Bunbury Company. The Fund transitioned to a donor-advised fund at the Community Foundation in 2015, and its sunset grants mark the culmination of a decade of impactful giving.
“The Bunbury Fund Advisors hope these sunset grants will amplify what has always been at the heart of our grantmaking—enhancing effectiveness and fostering innovation for the greater good,” said Jamie Kyte Sapoch, Lead Advisor to the Fund.
Over the past decade, the Bunbury Fund has awarded more than $24 million to nearly 100 regional nonprofits. The final round of grants includes unrestricted support for organizations and competitive capacity-building funding aimed at strengthening nonprofits’ operations and strategic growth.
OceanFirst Foundation, Toms River, has awarded $718,900 in grants to 104 New Jersey and Philadelphia nonprofits. Organizations will receive General Operating/Flexible Support Grants to help them meet organizational needs. Services include, but are not limited to, healthcare, crisis assistance, emergency response, homelessness prevention, hunger and poverty fighting programs, and job readiness services.
“Our partners are passionate about serving our neighbors, and we’re proud to present them with General Operating/Flexible Support Grants as we work together to uplift our communities,” shared Katherine Durante, executive director, OceanFirst Foundation. “Through unrestricted funding, our partners have the flexibility to adapt to evolving community needs. We are committed to empowering nonprofits and providing resources to neighborhoods served by OceanFirst Bank. I am confident that this year’s incredible grantees will make a positive and long-lasting impact.”
The Summit Foundation awarded $333,754 in grants to 23 local non-profit organizations.
“Our grantmaking is aimed at supporting organizations dedicated to providing essential, innovative, and life-enriching resources and services to the Summit area,” said Dana Turk, President of The Summit Foundation.
The Fund for Women and Girls recently celebrated 25 years of impact in the community by awarding $250,000 in grants to local nonprofits that help improve the lives of women and children.
“We are incredibly fortunate to have 25 years of support from our fund members,” Carolyn Sanderson, fund chair, said. “We want to congratulate our grantee partners and thank them for the tremendous impact they make in our communities every day.”
The Princeton-based fund is comprised of members who make individual donations. Then, applying the concept of collective philanthropy, they meet annually to recommend grants to local nonprofits.
Newark Mayor Ras Baraka on Tuesday announced the recipients of the 2022 Creative Catalyst Fund awards. A total of 114 grants will be awarded to individual artists and artists’ collectives, with an average award of $3,200; and 34 grants will be awarded to small and midsized arts organizations with an average award of $10,100.
Baraka created the fund in January 2020 as a multiyear initiative providing the local community of artists and small and midsized arts organizations up to $1 million annually for at least three years. The fund has awarded a total of $2.35 million in grants in its first three years. Grantees use the funds to help pay for operating costs, space rentals, staff, programming costs, supplies and equipment, and COVID-related expenses.
“Newark has a long history as a center of the arts, and our administration has supported the arts in word and deed, creating great works like the second-longest public mural on the East Coast. We are proud, privileged and humbled to write a new chapter by supporting this year’s grantees. Their works will define the voice and talent of a new generation of Newark artists for our present and future,” Baraka said.
Attorney General Matthew J. Platkin recently announced that the Juvenile Justice Commission (JJC), in conjunction with the Governor’s Juvenile Justice and Delinquency Prevention (JJDP) Committee, has awarded 17 grants totaling more than $369,000 to police departments, schools, and non-profit organizations across the State to expand summer programs for at-risk youth.
The grants provide organizations already operating successful summer programs for at-risk youth with up to $30,000 in additional funding to enhance their programs and/or increase the number of young people they serve.
Due to these new grants, approximately 500 additional youth throughout New Jersey will be able to participate in an array of recreational, educational, and character-building activities being offered in their communities this summer.
“I’m pleased that New Jersey is able to continue its investment in programs that serve our most vulnerable young people,” said Attorney General Platkin. “The funding announced today by the Juvenile Justice Commission is emblematic of the Murphy Administration’s commitment to make sure all of New Jersey’s youth have opportunities to develop new skills, overcome challenges and achieve their optimal potential.”
Prudential Financial, Inc. recently announced the recipients of its third annual Prudential Community Grants Program. Recipients were honored on April 24 during a ceremony at the company’s headquarters in Newark, New Jersey.
“Prudential’s Community Grants Program is part of our commitment to our hometown of Newark. It exemplifies our place-based approach,” states Shané Harris, vice president and head of social responsibility, Prudential Financial, and president of The Prudential Foundation. “This initiative reflects our 150-year dedication to Newark and reinforces our ongoing support for all residents, now and into the future.”
The Community Grants Program focuses on neighborhood-based solutions that foster community vitality, providing direct support to Newark residents and organizations working to make a difference. “Our approach ensures that the solutions we fund are effective and tailored to the community’s needs,” Harris says. “This program addresses funding gaps and helps build resilient, thriving neighborhoods in Newark, enabling residents to live better lives, longer.”
Looking to help drive economic opportunity and upward mobility, Bank of America announced Tuesday that it will be making more than $4.2 million in grants to 75 New Jersey nonprofits.
The grants, announced during “Giving Tuesday,” will be used by groups that focus on basic needs, affordable housing, workforce development and small business and economic revitalization, Bank of America New Jersey President Alberto Garofalo said.
“As part of our commitment to sustainable growth, helping local organizations address immediate short- and long-term needs has been key on our path of economic recovery,” he said. “By supporting New Jersey’s incredible network of nonprofits, Bank of America is providing philanthropic capital to help advance economic and social progress, establishing pathways to success and stability for our community.”
The Trustees of The Fund for New Jersey awarded $920,000 in grants to 11 nonprofit organizations at their second quarterly Board meeting of 2022. Grants were awarded to organizations in the areas of democracy, racial justice, climate change, and the environment.
Kiki Jamieson, President of The Fund for New Jersey, stated, “We are pleased to continue investing in organizations advocating for fairer representation of communities of color, organizations like the American Civil Liberties Union NJ, New Jersey Institute for Social Justice, New Jersey Citizen Action Education Fund, and the League of Women Voters of NJ continue to be strong advocates of inclusive policies that enhance our democracy, increase civic engagement and promote social and economic justice.”