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This self-assessment/reflection tool is intended for foundations and funders committed to or interested in Doing Good Better. Doing Good Better is inspired by, and builds on, years of nonprofit and community advocacy, the principles of “Trust Based Philanthropy,” and numerous other resources. We hope this tool will open up the opportunity for dialogue and reflection with your board, staff and funded agencies. Your response can serve as a baseline for future measurement of your organization’s progress towards Doing Good Better, stronger philanthropic/nonprofit partnerships, and heightened community impact.
This assessment is intended as a self-reflection tool, rather than a recommendation for any specific policy within a particular funding institution. It has four sections, one for each Doing Good Better goal. For most funders, a single individual in grantmaking or senior leadership will be able to complete the full assessment; others may need additional support from other departments to respond. While filling out the assessment, we encourage you to consider how self-reporting bias may show up in your answers. Also, notice where a question challenges you and get curious about why.
To make the most of this tool, we recommend that you first review and consider the Doing Good Better goals before starting this assessment. We also encourage your board and staff to go through the goals as you reflect on your responses.
• Goal 1: Center Equity
• Goal 2: Provide Flexible Funding
• Goal 3: Provide Reliable Funding
• Goal 4: Reduce Paperwork Burden
DOWNLOAD THE SELF-ASSESSMENT TOOL
A CNJG member queried the corporate listserve on strategies or resources for virtual volunteering. CNJG compiled these responses, and listed the different opportunities that members are offering for employee volunteerism.
Strategic asset allocation is arguably one of the most important, yet least advanced, aspects of investing. The Investment Strategy Group (ISG) in the Goldman Sachs Investment Management Division has developed a new approach to strategic asset allocation, which leverages the idea that long-term investment returns derive from multiple distinct sources called “return-generating factors.” This multi-factor approach is designed to help investors better understand the key sources of long-term return across asset classes and to increase the precision of long-term risk and return estimates. It also provides investors with a new way to think about portfolio diversification, allowing them to focus not only on diversification across asset classes but also
on diversification across the underlying sources of return.
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
Despite a field replete with research, analysis, recommended policies and practices — not to mention an abundance of educational programs and frameworks for grantmaking to diverse communities — philanthropic leaders have been slow to advance these values in their foundations. Philanthropy Northwest (PNW) wondered: what is getting in the way? Why are good intentions, buttressed with theory and practical advice, not achieving better results on measures of diversity, equity and inclusion?
With the support of the D5 Coalition, PNW began a year-long study to explore these questions. The study was divided into two parts. They began with personal interviews of 23 philanthropic leaders in the Pacific Northwest. In order to better understand how these organizations incorporated diversity, equity, and inclusion into their work and workplaces, they collected baseline information about their staff composition, leadership styles, and organizational practices/policies.
This report details their findings. It includes an in-depth look at the peer cohort model, in which ten foundation leaders met regularly to discuss these issues and support each other in advancing their own leadership. It also includes practical lessons about shifting organizational cultures towards greater diversity, equity and inclusion — lessons drawn directly from the experiences of peer cohort leaders.
PNW presented this work in a webinar hosted by the D5 Coalition. The webinar recording and slides are below.
CNJG is pleased to partner with the Office of Internet Connectivity and Growth (OCIG) within the National Telecommunications and Information Administration at the U.S. Department of Commerce on this series to help the funding community know about the federal government’s investment into broadband access, and how communities, residents and organizations can take advantage of these funding opportunities.
The National Telecommunications and Information Administration (NTIA) and the New Jersey Office of Broadband Connectivity are hosting a series of public virtual roundtable meetings, which will take place once per month from February through July 2023. Join us to learn more about Internet for all, Broadband Equity, Access and Deployment (BEAD) and the Digital Equity Grant funding planning in New Jersey.
These meetings are intended to create open communication and collaboration on BEAD and DE projects. This first meeting is an introduction to these programs, explains the coordination between NTIA and the NJ Office of Broadband Connectivity, and outlines upcoming important upcoming dates.