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While the media tends to focus on high-interest stories of environmental advocacy and environmental justice in historically under-resourced urban communities, battles are being fought every day by citizens of rural and suburban municipalities to protect their community against environmentally inappropriate development, unsound resource management practices, and pollution of air and water.
Please join the Environmental Grantmakers Affinity Group at scenic Duke Gardens for a conversation with Eastern Environmental Law Center's Chris Miller and ANJEC's Jennifer Coffey on the ways that suburban and rural New Jersey municipalities and grassroots environmental groups are successfully addressing their community's environmental health.
Chris and Jennifer will present the legal and political tools that can be used by residents to advocate for environmental justice in their communities and share examples of recent successes across the state. There will be additional time after the presentation for questions and comments. A light breakfast will be served and attendees are encouraged to continue the conversation on their own over lunch in the Duke Gardens cafeteria and/or while exploring the scenic beauty of Duke Gardens in the Spring.
Cost: Free for CNJG Members and Nonprofits; $75 for Non Member Grantmakers
Chris Miller is the Executive Director of Eastern Environmental Law Center, a non-profit, public-interest environmental law firm which works on behalf of environmental advocacy, conservation and community groups to achieve environmental justice, implement clean-energy solutions and preserve the New Jersey’s open space, wildlife and natural resources for generations to come. Chris is a graduate of Vermont Law School where he earned a J.D. and a Master of Studies in Environmental Law. Prior to joining EELC, Chris was a partner at Maraziti Falcon, LLP, where he litigated environmental and land use cases on behalf of local governments throughout the State.
Jennifer Coffey is the Executive Director of ANJEC (Association of New Jersey Environmental Commissions), a non-profit organization that helps New Jersey environmental commissions, individuals, and local and state agencies. They work with partners throughout New Jersey to preserve natural resources and promote healthy communities by engaging in equitable and inclusive practices through leadership, partnerships, education, advocacy for strong public policy and support of environmental commissions, public officials, and communities. In addition to her role at ANJEC, Jennifer serves as a member of the New Jersey State Water Supply Advisory Council and as an advisor to the New Jersey State Clean Water Council. She also serves as a member of the Hamilton Township (Mercer) Planning Board.
The CNJG 2024 Annual Meeting & Holiday Gathering — Inspiring Change Through Leadership: Maximizing Philanthropic Impact on December 11, offered a powerful reflection on leadership, collaboration, and the collective role we play in advancing philanthropy across New Jersey.
We kicked off the day with the leadership in action workshop: New Jersey Principles for Philanthropy—a framework approved by the Board last year, 
that sets forth an aspiration for each of the principles: ethical leadership, stewardship, values, equity and justice, community engagement, public voice, continuous learning, and transparency and accountability. Following the opening panel, moderated by Catherine Wilson, United Way of Greater Newark, and featuring
Jasmyne Beckford, The Prudential Foundation, Sharif Braxton, Robert Wood Johnson Foundation, Jeremy Grunin, Grunin Foundation, and Sharnita Johnson, Victoria Foundation, small group table discussions further explored the principles and how Council members can infuse them in their organizations.
We elected two new trustees for their first 3-year term, Tammy Rice Herman,
New Jersey State Council on the Arts, and Aaron Turner, Community Foundation of New Jersey, as well as re-electing trustees for their second term, including
Kate Barrett, The Campbell’s Foundation, and Catherine 
Wilson. In his role as board chair, and to continue serving as chair in 2025, Craig Drinkard was elected for another 1-year term. Following the annual meeting of members, trustees elected officers for 2025: Justin Kiczek, 1st Vice Chair, F. M. Kirby Foundation,
Christine Healey, 2nd Vice Chair, The Healey Education Foundation, and Catherine Wilson, Treasurer. Congratulations! And we said good-bye to Paul Stierhoff as he rotated off the board. Thank you for your service!
Jeffrey Vega, trustee from 2016 to 2023 and chair from 2021 to 2023, was posthumously honored as CNJG’s first-ever emeritus trustee in recognition of his exceptional service and dedication to our organization. His visionary leadership and unwavering commitment have left an indelible mark on the Council, strengthening our mission and the philanthropic community we serve. In celebration of his remarkable contributions, and in partnership with the New Jersey Center for Nonprofits, a commemorative tree will be planted in Princeton in the spring.
As part of his board chair’s report, Craig Drinkard shared powerful reflections on leadership and its essential role in achieving equity and building community. He encouraged funders to deeply reflect upon how we practice leadership, and shared a brief list for how leaders can show up:
- Listen and ask questions.
- Open your heart — ask often: is your heart full?
- Trust your staff, your partners, your grantees.
- Get out of the way.
Seamlessly aligning with the keynote presentation, Craig reflected on the importance of making room for new leaders at the helm - whether it’s committee or affinity group leadership in our CNJG community, funder collaboratives, coalitions, and partnerships, or in our own organizations.
Amalia Brindis Delgado’s keynote, Leadership for Thriving Communities, built on this important theme — emphasizing the importance of funders to actively support succession planning, the value of continued education for nonprofit leaders, and encouraging well-being as deliberate practice. Click here for additional resources from the Annual Meeting.
The Council of New Jersey Grantmakers thanks our Annual Meeting sponsors for their generous support: Signature Sponsor – Prudential; Contributing Sponsors – The Campbell’s Company, Devils Youth Foundation, Robert Wood Johnson Foundation, and Victoria Foundation; Supporting Sponsors – Grunin Foundation, LISC
New Jersey, Pincus Family Foundation, and WSFS Bank; and Colleague Sponsor – Horizon Blue Cross Blue Shield of New Jersey. Thank you also to NJM Insurance Group for an additional donation to support the event.
The 2024 Annual Meeting & Holiday Gathering provided an outstanding close to anincredible year that 
offered Council members 110 programs and briefings, three signature events, the Impact Investing Bootcamp series, opportunities to meet with our congressional delegation and state officials, a growing partnership with the New Jersey Center for Nonprofits, and new monthly venues for members to connect and build relationships with First Fridays for Philanthropy and CEO to CEO Conversations.
The CNJG offices will be closed from December 25, 2024, to January 1, 2025, for the winter break.
Thank you for your continued partnership and leadership. Together, we are shaping a stronger, more equitable future for New Jersey. CNJG members are an exceptional group of leaders. You care deeply about the communities you serve and the nonprofit partners you support.
On behalf of the entire CNJG team, we wish you a joyful holiday season and a bright, prosperous new year. We look forward to continuing our work together and seeing you in 2025!
With Gratitude,
Theresa Jacks (she/her)
President and CEO
Council of New Jersey Grantmakers
I hope you had a wonderful and relaxing summer. For many, summer offers a time to move at a slower pace, and perhaps take some time for reflection and recharging. I hope you were able to do some of that at least during your official “away-from-the-office” vacation time.
As summer wanes and we come back to our offices, Governance Committee co-chairs, Craig Drinkard and Justin Kiczek, have extended an invitation – if you are interested in serving on the CNJG Board of Trustees, or know someone who would make a good trustee, please complete the application form, and email it to Office Manager Dana Schwartz, along with a brief biography, no later than September 13, 2023. Read Craig and Justin’s full letter.
The Board will present a slate of candidates to CNJG members at the annual meeting of members. Please save the date - the CNJG Annual Meeting & Holiday Gathering is on Thursday, December 14 at the Crowne Plaza Edison. Registration will be available soon.
In reviewing the nominations for board service, the Governance Committee considers participation and engagement in at least one CNJG committee, and/or serving as co-chair of a Council affinity group. Standing committees of the board include Audit, Finance, Governance, Member Engagement, Leadership and Policy, Racial Equity, Signature Programs, and Strategic Plan Implementation. Most committees meet at least twice a year. Committees focus on a specific issue or task, and ensures the board’s overall work is divided into manageable tasks. Committee participation is open to all CNJG members. If you are interested in learning more and/or serving on a committee, please let me know. Committee work allows you to expand your personal network and build relationships with colleagues, demonstrate and develop your own leadership, and gain new knowledge and skills that you might not regularly use in your day-to-day role. You’ll also be contributing to the success and future of CNJG, as well as helping to move forward the 2023 - 2025 Strategic Plan.
If you are already chairing a committee or affinity group, or serving on a committee – thank you for your leadership! We’re so grateful for your dedication and support. If you are interested in joining a committee, please reach out to me. Thank you!
Welcome back from the summer – I hope to see you at an upcoming CNJG program, and at the CNJG 2023 Annual Meeting & Holiday Gathering on December 14.
Sincerely,
Theresa Jacks, President and CEO
Council of New Jersey Grantmakers
"Co-Creation" is a case study about the Connecticut Early Childhood Funder Collaborative, a project of the Connecticut Council for Philanthropy. The case study, written by Patricia Bowie, examines co-creation, an emerging systems change collaboration model which grew out of a funder-and-state partnership. This unique partnership led to the creation by executive order of a new and independent Office of Early Childhood, which was formally approved by the Connecticut State Legislature in 2013. The companion piece, "Taking on New Roles to Address 21st Century Problems," looks at co-creation from the perspective of a regional association of grantmakers.
The Connecticut Early Childhood Funder Collaborative comprises 14 funders from around the state who bring many years of experience in supporting and operating programs that serve the needs of children and families.
CNJG's special programming, “Race, Racism and Ramifications for Philanthropy” is a multifaceted, multi-layered learning journey that included a two-part workshop from the Association of Black Foundation Executives (ABFE) on diversity, equity, and inclusion, four cultural experiences, and a funders briefing from the Anti-Poverty Network of New Jersey. The series also included four facilitated salon-style conversations focusing on health disparities, implicit bias and white privilege, livable moments, and structural racism. Additionally, the CNJG Annual Meeting in both 2016 and 2017 addressed diversity and its value providing an overarching vision.
Our broader objectives for this series were to:
- offer a range of different ways to enlighten, engage and educate Council members about structural racism and implicit bias;
- provide a deeper understanding of the language, definitions and constructs of racism, diversity, equity, and inclusion;
- explore and uncover the long-term effects of institutional and structural racism, and discriminatory policy;
- give funders real and effective tools that they can implement in their day-to-day work to combat and mitigate the impact of racism and bias in our communities and neighborhoods;
- provide a “safe space” for grantmakers to consider and fully unpack these difficult issues.
CNJG worked directly with a number of well-respected and informed partners and facilitators to provide specific content, expertise, experiences, and lead discussion. This included ABFE: A Philanthropic Partnership for Black Communities and its leader Susan Taylor Batten, Dr. Denise Rodgers of Rutgers, Aljira Arts, consultants Tanya Odom and Inca Mohamed, Bethany Baptist Church Rev. Timothy Levi-Jones, and leaders from the Anti-Poverty Network of New Jersey.
Throughout the journey we tried to be deliberate in meeting CNJG members “where they are” given their varying degrees of experience and sophistication on this topic. Since this learning journey started in late 2016, there are many more regular conversations and exchanges among CNJG members on the issues of diversity, equity and inclusion. The Council of New Jersey Grantmakers has been pleased to bring to our members a variety exceptional thought leaders, tools, facilitators, and resources to assist them as they consider the ramifications of racism in their work.
The Race, Racism and Ramifications for Philanthropy Learning Journey Includes:
Events
CNJG 2016 Annual Meeting and Luncheon PreMeeting Workshop - A Framework for Effective and Responsive Philanthropy – How to Navigate Racial Dynamics within the Communities We Serve on December 9, 2016
Phillips Collection Field Trip – People on the Move: Beauty and Struggle in Jacob Lawrence's Migration Series on December 15, 2016
Workshops: A Deeper Dive Into Navigating Racial Dynamics – Part 1 on February 13, 2017 and Part 2 on March 6, 2017
Cultural Experience and Field Trip – “American Son” at the George Street Playhouse on February 23, 2017
Funders Briefing from the Anti-Poverty Network of New Jersey - The Uncomfortable Truth: Racism, Injustice and Poverty in New Jersey on October 3, 2017
Cultural Experience: Pre-Opening Reception – “The Missing” at Aljira on October 12, 2017
Lunch and Conversation: Health Disparities on November 1, 2017
Lunch and Conversation: Implicit Bias & White Privilege on November 29, 2017
CNJG Annual Meeting - Our Compelling Interests: The Value of Diversity for Democracy and a Prosperous Society on December 15, 2017
Lunch and Conversation: Structural Racism on January 18, 2018
Cultural Experience and Field Trip<- “Back to Real” at Crossroads Theatre on May 17, 2018
The Council of New Jersey Grantmakers thanks The Fund for New Jersey and the Robert Wood Johnson Foundation for its support of our Race, Racism and the Ramifications for Philanthropy programming.
Articles & Resources
The Atlantic: The Case for Reparations
NY Times Essay: White Debt
National Center for Family Philanthropy: You Can't Fund Equity Without Sweat Equity
Harvard Business Review: Emotional Agility
Letter from Nina Stack: Conversation and Educational Program on Structural Racism (2/07/2018)
Letter from Nina Stack: CNJG's Unique Programming (10/05/2017)
Letter from Nina Stack: Race, Racism and the Ramifications for Philanthropy Launch (12/08/2016)
CNJG: Implicit Bias & White Privilege Presentation
CNJG: 2017 Implicit Bias Review
Medium: A Day in the Life: How Racism Impacts Families of Color
The Good Men Project: White Fragility: Why It’s So Hard to Talk to White People About Racism
Race to Lean: The Race to Lead Series
Virginia Commonwealth University: Mapping Life Expectancy-Zipcode and Health
Website: The Equality of Opportunity Project
Project Implicit: Implicit Association Test
Stanford Social Innovation Review: Eliminating Implicit Bias in Grantmaking Practice
Grantcraft: Grantmaking with a Racial Equity Lens
Videos
TedTalk: Dr. David Williams “How Racism Makes Us Sick”
The Race Card Project: In Conversation with Ta-Nehisi Coates at AtlanticLive New York Ideas 2015
NY Times: Implicit Bias Videos
NJTV News: Police and Teachers Undergo Trauma Training
As we witness the initial impact of Hurricane Dorian, we are reminded that many of our communities are still targets for further devastation from this storm over the next few days.
While we recognize that many of us have survived recent hurricanes like Sandy and Maria, we also know that the struggle continues, and we need to do our best to help meet the needs of current victims caught in the wake of the storm.
In light of this situation, we are providing our membership with the latest information to help you determine how your organization might engage in response and recovery efforts.
Resources
- The Center for Disaster Philanthropy has created a Hurricane Dorian disaster profile, which provides updates on the storm as well as information on the areas of greatest need
- The Center for Disaster Philanthropy has also launched the CDP 2019 Atlantic Hurricane Season Recovery Fund to support communities that will be affected by Hurricane Dorian. This fund focuses on medium- and long-term recovery, with the understanding that individuals and communities will need the support of private philanthropy for months and years to come as they navigate the road to recovery.
- The Disaster Philanthropy Playbook is a comprehensive handbook outlining best practices and innovative approaches that the philanthropic community can adopt in addressing recovery after natural disasters. CNJG’s lessons learned in the aftermath of Superstorm Sandy helped lead the creation of this Playbook.
- Locally in Florida, the Miami Foundation for a Greater Miami created a Hurricane Dorian resource page.
- The Jessie Ball duPont Fund resource Creating Order from Chaos: Roles for Philanthropy in Disaster Planning and Response provides a framework for steps that can be taken for philanthropy to respond to disasters.
- The New York Times has released an article sharing multiple ways to help Hurricane Dorian survivors in the Bahamas.
- Charity Navigator has created a list of high-rated organizations providing aid and relief for Hurricane Dorian for both short-term and long-term relief.
- Sadly, CNJG’s post Sandy work and the briefings hosted and compiled by CNJG still hold lessons for today. You can review the briefings from Series 1 and Series 2 in either audio or written format. The briefings provide timely, relevant information about how grantmakers can help in the aftermath of a major storm.
Finally, if you think it would be useful, we’ll convene an open-forum conference call for CNJG members to share how your organization might be thinking about your own response efforts. If you’re interested in connecting with your colleagues for this kind of discussion, please contact me, and we will set up a call.
Yours in solidarity,
Maria Vizcarrondo, President and CEO
Council of New Jersey Grantmakers
General Operating Support or General Project Support
Affirmation: Funds with the least restrictions are the most valuable
Nonprofits maintain and strengthen their organizations when their funds are unrestricted. Data shows flexible and reliable funding increases impact when nonprofit leaders have control over how funds flow to meet the needs of their constituents and internal operations, as demonstrated during the pandemic when funders released previously restricted funding. General operating support (GOS) funding signals trust in our partners and can open more honest dialogue about meeting the mutual goals of the funder and nonprofit. Funders who make project or program grants should trust the organization and provide flexible funding within a specific program.
Activities
• Over the short term, funders aim to shift their GOS activity by 30%. (30% more grants shift from program to GOS, or from fully restricted to negotiated GOS.)
• Provide grants as unrestricted organizational general operating support. The long-term ideal is for most, if not all, grants to be 100% GOS, unless a funder is legally precluded from doing otherwise.
• For project/program grants, 100% of the grant awarded is unrestricted (negotiated GOS), applying mission-based and mutually negotiated outcomes.
• Nonprofits articulate their organizational vision, strategies and intended outcomes to funders; funders understand the models of their grantee partners and learn from them how the grantee partner's work will lead to change.
• Trust nonprofit partners to know how to best apply their funding.
• Create a shared understanding of the meaning and importance of full-cost budgeting and real-cost funding.
Short-term Outcomes
• 70% of funders are shifting some of their distribution to making general operating support grants.
• 100% of program/project grants are designated unrestricted.
Long-term Outcomes
• 100% of all grants are made without restrictions, unless limited by covenant or donor wishes in the case of community foundations.
• All nonprofits can clearly articulate their vision, strategies, outcomes, and business models to funders; and funders understand them and trust them to know how best to use their funds.
How to Begin Doing Good Better on Flexibility Learning Opportunities
• Why aren’t some funders planning to award GOS or negotiate GOS?
• Ask funders: If you participated in CNJG’s 2022 funder survey and indicated that you planned to initiate GOS, have you done so? • Why are some grants restricted?
• What would it take for funders to change?
Pre-Work
• Seek and share learning opportunities for funders, prioritizing education of foundation boards, to address the barriers to awarding GOS and understand how restricted funding undermines financial sustainability.
• For funders who already regularly provide GOS funding, educate/advocate for others to do the same.
• Learn how GOS/negotiated GOS strengthens grantee partners and the multiple ways they can use and evaluate GOS. Actively seek insights from nonprofits to reinforce the message about GOS in their funding partnerships.
• As an incremental step for funders that are not receptive to GOS, provide education about negotiated general programming support (flexible funding within a mutually agreed-upon program area, as opposed to organization-wide GOS).
• Share promising practices on evaluation of GOS and negotiated GO
CNJG is pleased to offer this program to family foundation members as part of NCFP's Fundamentals of Family Philanthropy 2024 webinar series, providing guidance on the core tenets of effective family philanthropy.
This session will explore the dynamic ways in which cultural and faith-based values can shape and inform the mission and impact of your family’s philanthropic endeavors. Faith has been imbedded in US philanthropy from its earliest days and many donors continue to lean on those values when driving change. Some donors openly talk about the link between their faith and giving, while others use their faith as quiet motivation. Panelists will share practical strategies, case studies, and best practices for aligning your family’s giving with your cultural and faith-based principles, allowing you to achieve a deeper and more meaningful impact in your grantmaking efforts in ways that also ensure equity and promote open dialogue. Whether you seek to honor your heritage, promote justice, and/or support causes close to your heart, this webinar will provide valuable guidance for harnessing the power of culture and faith in your family’s philanthropy.
Cost: This event is free for CNJG Members who are family foundations.
Other types of foundations are ineligible to join this webinar.
This program is a CNJG membership benefit for family foundation members, including staff and trustees, in partnership with the National Center for Family Philanthropy.
Grantmakers Concerned with Immigrants and Refugees (GCIR) in collaboration with National Committee for Responsive Philanthropy (NCRP), present a briefing that features a panel of speakers representing nonprofit organizations working on the front lines to strengthen our democracy and advance immigrant rights in their communities. Don’t miss this opportunity to hear what groups need as we move into 2025 and beyond, directly from movement leaders.
According to a report from National Committee for Responsive Philanthropy, since 2012 there has been an 11 percent shrinkage in philanthropic funding towards immigrant movement groups. While there was an uptick in rapid response funding between 2017-2018, this has not created the conditions for the long term sustainability of immigrant serving organizations.
In a critical election year, over 60 anti-immigrant bills have been introduced in state legislatures nationwide. Immigrant advocacy groups – already facing a myriad of historically systemic challenges such as burnout, unlivable wages, and hostile state level political environments – are facing this wave of anti-immigrant sentiment, often at the sacrifice of their own safety and well being. And while philanthropic interest has focused on the national elections and scenario planning, movement groups are already planning for 2025 and an uncertain future regardless of presidential election outcomes. Philanthropy must not only meet this moment but also invest in the critical infrastructure needs of organizations and movements, particularly at the local and state levels.
As right wing movements seek to undermine our democracy on all fronts, immigrant communities cannot be left behind and must be included in any political, social, or philanthropic efforts that seek to build a multi-racial democracy. Built through the collaborative efforts of GCIR and NCRP, this briefing will feature a panel of speakers representing nonprofit organizations working on the front lines to strengthen our democracy and advance immigrant rights in their communities. Don’t miss this opportunity to hear what groups need as we move into 2025 and beyond, directly from movement leaders.
Cost: Free for Funders
Must log in or create an account to register on GCIR’s website.
On this webinar, funders were briefed on how the CARES Act can help nonprofit organizations during COVID-19, heard an update on testing and public health needs from the city, and were informed on the response and greatest needs in Newark hospitals.
Speakers:
Brandon McKoy, President, New Jersey Policy Perspective
Dr. Shereef Elnahol, President and CEO, University Hospital
Dr. Mark Wade, Director, City of Newark Department of Health and Community Wellness
Webinar Video
On this webinar, we heard from McKinsey on the disproportionate impact of cOVID-19 on communities of color, as well as longer-term implications and solutions. Representatives from McKinsey discussed their report entitled “COVID-19: Investing in Black Lives and Livelihoods,” which is attached at the bottom of this webpage.
Speakers:
JP Julien, Associate Partner, McKinsey & Company, Philadelphia
Aria Florant, Engagement Manager, McKinsey & Company, Washington DC
Duwain Pinder, Associate Partner, McKinsey & Company, NYC
Cost: Free for CNJG Members/ $35 for Non Member Grantmakers
Webinar Video
On this webinar, the conversation focused on the future of education. Panelists discussed challenges and adaptations, contingency planning, and what this moment can teach us about how best to educate kids moving forward.
Speakers:
Father Edwin Leahy, Headmaster, St. Benedict’s
Mary Ann Reilly, Assistant Superintendent for Teaching and Learning, Newark Public Schools
Ben Cope, Chief External Officer, KIPP NJ
Cost: Free for CNJG Members/ $35 for Non Member Grantmakers
Webinar Video
The Grunin Foundation, in partnership with CNJG, invites you to join the next Monmouth & Ocean County funder roundtable. The conversation will continue around what we can to do together to move to action and create greater impact in our communities.
The roundtable will be held from 10:00am - 12:00pm with an optional lunch following, from 12:00pm - 1:00pm. To help with planning, please indicate during the registration process if you will be staying for the lunch.
Cost: Free for CNJG Members and Non Member Grantmakers
This program is open to grantmakers only and is geared towards those who fund in Monmouth & Ocean Counties.
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
The Bridging The Gap: Blacks in Philanthropy conference, is organized by the Smith Family Foundation.
Their mission for this conference is to promote philanthropy and drive social change in the community, and this event is a vital step toward achieving that goal. The conference is expected to draw over 300 attendees, including philanthropy professionals, non-profit executives, community leaders, and interested individuals. The agenda features keynote speeches, panel discussions, workshops on racial equity, diversity, and inclusion in philanthropy, and strategies for advancing social justice. This conference is a unique opportunity to engage in collaborative discussions, gain valuable insights, and build meaningful connections with like-minded individuals who share a passion for creating positive change. Together, we will explore innovative strategies, best practices, and impactful initiatives that empower and uplift black lives.
Cost: $100
Open to all Grantmakers
Multi-year Grants
Affirmation: Multi-year funds provided both reliability and breathing room for nonprofits.
Making fundamental and long-lasting change comes with the promise of reliable investments. Longer grant terms create an environment where collaborative partnerships can flourish, and trust and transparency break down power dynamics. The result is that nonprofits have the “breathing room” and financial stability to focus activities where they are most needed.
Although many funders award grants to the same nonprofits year after year, they often require submission of annual applications that request information they already have and are complex and needlessly lengthy. These processes can heighten mutual distrust. From a practical standpoint, multi-year awards reduce paperwork for both funder and nonprofit and open communication channels promoting shared goals, mutual trust, and increased overall impact.
Activities
• For funders that historically award repeat annual grants to the same nonprofit partners, shift from an annual grant/proposal cycle to a long-term, multi-year commitment with an annual outcomes/progress report in lieu of a full application.
• Tailor grant terms to suit grantee timelines and needs (negotiated outcomes and milestones).
• If data collection is required solely to meet a funder’s compliance requirements, the funder should assume this responsibility or provide sufficient funding and/or capacity for the nonprofit to meet the requirement.
Short-term Outcomes
• The number of funders making multi-year grants increases by 50% over the previous years.
Long-term Outcomes
• More funders convert an annual application process for repeat grantee partners to a multi-year commitment with an annual outcomes report at the most, instead of full proposals each year.
• Funders assume responsibility for data collection or provide sufficient funding and/or capacity for the nonprofit to meet the requirement.
• Grant terms are suited to grantee timelines and needs (negotiated outcomes and milestones).
How to Begin Doing Good Better on Reliability
Learning opportunities
• What barriers keep funders from making long-term commitments to repeat grantee partners? Are any of these barriers legal?
• What are the minimum data requirements for funders to collect from repeat grantee partners?
Pre-Work
• Address the barriers to awarding multi-year grants through tested tools.
• Learn about how multi-year grants strengthen grantee partners and improve philanthropic, nonprofit, and community impact.
• Research mechanisms funders can use to meet legal compliance requirements while gaining trust in their grantee partners.
What philanthropic vehicles are available to family philanthropies? Which are best suited to support your mission and goals, and what is the value of employing multiple vehicles?
In this session we will discuss the benefits (and limitations), flexibility, and potential impact of each vehicle. Through examples from other funders, learn about how to align your philanthropic vehicle with your family’s values, strategic objectives, and desired outcomes, while being mindful of your capacity and size constraints. This session is ideal for families looking to make informed decisions about how to structure and maximize their philanthropic giving.
Cost: This event is free for CNJG Members who are family foundations.
Other types of foundations are ineligible to join this webinar.
This program is a CNJG membership benefit for family foundation members, including staff and trustees, in partnership with the National Center for Family Philanthropy.
Welcome to the new year! It was wonderful seeing so many members at the 2023 Annual Meeting & Holiday Luncheon on December 14. Both our luncheon plenary and workshop helped us explore how and why funders can collaborate and increase their impact. You can find resources from the event, including workshop slides, on the resource tab of the Annual Meeting page. You must be logged in to access resources. (Forgot your password – click here.)
As part of the meeting, we elected two new board members for their first 3-year term, as well as re-electing board members for a second term. Welcome and congratulations to new board members Jasmyne Beckford, Prudential Foundation, and Paul DiLorenzo, Salem Health and Wellness Foundation. And we said good-bye to René Deida, Prudential Foundation, and Atiya Weiss, Burke Foundation. We’re grateful for your service. Jeff Vega, Princeton Area Community Foundation, also rotated off the board. Jeff served as board chair during the pandemic, strategic planning, and leadership transitions. Thank you, Jeff, for your wisdom and guidance. We appreciate you!
Following the annual meeting of members, the board elected their officers for 2024: Craig Drinkard, Chair (Victoria Foundation), Christine Healey, 1st Vice Chair, (The Healey Education Foundation), Justin Kiczek, 2nd Vice Chair, (The F. M. Kirby Foundation), Maisha Simmons, Secretary, (Robert Wood Johnson Foundation), and Catherine Wilson, Treasurer, (United Way Greater Newark). Congratulations!
Thank you to everyone that expressed interest in serving on a committee by completing the form at the Annual Meeting. January’s organizational tasks include working with the new CNJG board chair to review committee membership and invite participation. Stay tuned. Click here to read a full wrap-up of the 2023 Annual Meeting & Holiday Gathering.
Looking towards our programming year, beginning in February, we’re pleased to introduce First Fridays for Philanthropy – a virtual meet up for members to connect and share, network, ask questions, and learn from one another. Please reach out to Director of Member Services, Craig Weinrich, for more information.
We’re also excited to offer the 3-part series Impact Investing Bootcamp: Fundamentals for Driving Sustainable Philanthropy in New Jersey. The series will take place from March to May 2024. Impact investing can generate positive, measurable social and environmental impact alongside financial returns. There is no cost for CNJG members, however space is limited with no more than 2 attendees per organization, and registrants are strongly encouraged to attend all three sessions. To learn more, please reach out to Manager of Programs and Learning, Chanika Svetvilas. Thank you to the Robert Wood Johnson Foundation and Victoria Foundation for supporting this series.
Foundations on the Hill is just around the corner, and will take place in Washington, D.C. from February 25 - 28. FOTH is an annual opportunity for foundation leaders to meet with their representatives, talk about issues of interest to philanthropy, and strengthen relationships. Space is limited. If are interested in attending or would like to learn more, please contact me.
I want to end with gratitude to and for the CNJG Board of Trustees, our committee chairs and members, affinity group chairs, our partners, and you – our members. You are truly our champions. And thank you to our Annual Meeting sponsors for their generous support, Prudential, Victoria Foundation, Robert Wood Johnson Foundation, Devils Youth Foundation, Grunin Foundation, Horizon Blue Cross Blue Shield of New Jersey, Princeton Area Community Foundation, and WSFS Bank.
Happy New Year!
Theresa Jacks, President and CEO
Council of New Jersey Grantmakers