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Amalgamated Bank is America’s socially responsible bank that specializes in supporting social change organizations, companies, and people working to make the world more just and sustainable. Nearly 100 years ago, immigrant women union members founded Amalgamated to provide banking service to their own community and to send money back to their mother countries. Since our founding, Amalgamated has been explicitly committed to environmental justice, economic inclusion, and the rights of working people. Today, Amalgamated is a full service financial institution supporting clients in 50 states across their banking, investment, and donor advised fund needs. At Amalgamated, we believe that you do not need to sacrifice services and rates to have a partner aligned with your values.
Banking and Investing With Your Values
Amalgamated Bank and its clients believe that where you bank matters. When you deposit your money at Amalgamated Bank, you know that it is being used in ways that align with your values and not invested in strategies that would further degrade our planet. Amalgamated believe that banks can be a force for good to curb climate change, advocate for gun safety, fight hate, and stand up for racial justice.
Here are some of the ways you can use your organization’s assets to build a more just and sustainable planet.
Bank with Your Values: Everyone’s bank deposits are lent out and invested in strategies that fuel our future economy. Simply, where you bank matters, because banks use your deposits to invest in other people’s ideas. It’s time to make sure that those ideas align with your values. At Amalgamated, we only invest in mission aligned companies and strategies that further a more just and sustainable planet. We lend hundreds of millions of dollars a year to clean energy, affordable housing, , sustainable agriculture, businesses owned by women, immigrants, and people of color, and more.
Invest with Your Values: Amalgamated believes that endowment and reserve account dollars should be used to achieve both a social and financial return. Our investment team specializes in risk adjusted options that screen out extractive industries and channel those resources to mission aligned strategies.
Give with Your Values: Amalgamated’s donor advised fund and pooled fund strategies help you move money to the causes you care about. Donors are able to move grants with ease using our innovative technology and financial acumen. Institutional funders are able to rely on our expert back office to manage their pooled and collaborative funds.
How Amalgamated Helps PSOs and Foundations
Amalgamated Bank is collaborating with United Philanthropy Forum and its members (including CNJG and its members) to offer preferred banking services. Every banking relationship is different, but Amalgamated and the Forum are committed to reducing costs, increasing returns, and improving financial operations. Specifically, CNJG members can expect:
- Discounted banking, depending on the organization’s specific needs
- Preferred private banker who understands the specific needs of PSOs and foundations and mission aligned investing strategies
- Full fee and rate analysis before you move to understand the financial gains of switching to Amalgamated Bank
- Consultation on credit needs including working capital, corporate credit cards, and more
- Bespoke portfolio development for ESG investment products
Learn More
To learn more about partnering with Amalgamated Bank, please visit their website or contact Caitlin Duffy, First Vice President of Philanthropy Banking, at [email protected] or (202) 721-0775.
Impact100 South Jersey awarded $211,000 in grants to three South Jersey nonprofits at our Annual Meeting on June 21, 2023 at Adventure Aquarium in Camden, NJ.
A $100,000 core mission grant was awarded to the Heart of Camden. The grant will be used to expand programming and services provided by their Bridge Builders Project at the Michael J. Doyle Fieldhouse. The goal is to build on ten years of success at the MJD Fieldhouse by maximizing capacity to improve the lives of women, children, and families living in low-to-moderate income households in the Waterfront South neighborhood, South Camden, and the City of Camden as a whole.
The Bridge Builders Project is a unique initiative that aim to connect critical services to residents, young people, women, women with children and families. The project will serve as a bridge to connect outside volunteers and supporters, educating them about the city and building stronger connections with the community.
Big Brothers Big Sisters of Cumberland & Salem Counties and Habitat for Humanity of Camden County each received a $55,500k general operating grant.
Since launching in 2017, Impact100 South Jersey has awarded $1,035,365 to 15 South Jersey nonprofits. It is one of more than sixty-five chapters in four countries that, combined, have awarded over $123 million in grants to nonprofits in their local communities since 2008.
“The Impact100 model is simple — each member contributes $1,000 toward large, transformative grants for nonprofits in Burlington, Camden, Gloucester, and Cumberland Counites. When our chapter started in 2017 with a few women around a kitchen table, we never imagined the moment we could say we had awarded over $1 million. We owe our success to each of our members — past and present,” said Kyle Ruffin, President of the Impact100 South Jersey Chapter.
Link up with your fellow Emerging Leaders in Philanthropy! We want to get to know you and form connections in-person for the first time since the pandemic. Over savory refreshments, you will have the opportunity for a casual conversation to connect with colleagues, learn more about what’s happening across New Jersey philanthropy, and discuss possible changes within your own work and the sector. You also can share your ideas for future Emerging Leaders Affinity Group meetups. All emerging leaders who are relatively new to the philanthropic field are welcome to break bread together and catch up. Ficus Cafe is BYOB, so feel free to bring your preferred beverage (wine will be available too). Non-alcoholic beverages will be provided. Space limited.
The Emerging Leaders in Philanthropy Affinity Group’s mission is to nurture, develop and support professionals in the philanthropic sector across all departments/roles within foundations. Programming for the Emerging Leaders group is geared towards early and mid-career professionals and will serve as: a professional learning community for emerging professionals working in diverse positions; an opportunity for professional development and individual capacity-building that will lead to institutional change within the member organizations; and as a critical partner in the creation of a pipeline into senior/executive leadership in NJ philanthropy.
Cost: Free for CNJG Members, $50 for Non Member Grantmakers.
Open to Emerging Leaders Funders/Grantmakers
Centering learning in our work allows us to refresh and recalibrate grantmaking approaches to ensure we are as effective and equitable as possible. However, there are many questions to consider when it comes to sharpening an organization’s learning framework. For example, how is having a learning orientation to grantmaking distinct from monitoring and evaluation? What impact can a learning orientation have on grantmaking in support of immigrant and refugee communities? And how can learning shape grantmaking strategy?
Join Grantmakers Concerned with Immigrants and Refugees (GCIR) in a conversation with learning professionals in philanthropy to understand how their distinct approaches to learning impact their approach to grantmaking. Participants will also learn how funders have adjusted their strategies and practices to better support migrant justice.
SPEAKERS
Arturo Garcia, Interim Co-Lead, Strategic Learning, Research, and Evaluation, Kresge Foundation
Kyle Rinne-Meyers, Director of Learning, Grantmakers for Effective Organizations (GEO)
Austin Snowbarger, Learning and Partnerships Manager, Center for Disaster Philanthropy
MODERATOR
Anduriña Espinoza-Wasil, Programs Learning Manager, Grantmakers Concerned with Immigrants and Refugees
COST: Free for GCIR members; staff and trustees of grantmaking foundations; philanthropic advisors; and staff of philanthropic support organizations.
oday New Jersey Community Capital, a leading national community development financial institution, committed $50,000 to nonprofits chosen by mayors and a county leader who are deeply committed to furthering formative economic impact efforts in their respective communities. Each leader will have $10,000 to award to a local nonprofit doing groundbreaking work. NJCC awards the grants at the close of Black History Month annually to mark the commemoration's focus on creating economic equity for divested populations.
This year, NJCC's grants will go to nonprofits chosen by the mayors of Dallas, Texas, New York City, New York and Newark and New Brunswick, New Jersey, and the economic opportunity director of Los Angeles County. Supporting nonprofits in urban communities throughout the nation is in keeping with NJCC's goal to foster sustainable economic development and wealth creation in overlooked communities from coast to coast.
"These grants achieve several of our objectives," NJCC President and CEO Bernel Hall said. "First, it champions the principles behind Black History Month and underscores NJCC's dedication to creating social and economic parity. By contributing to initiatives important to the leaders of these municipalities, we are supporting their efforts to create thriving, equitable communities.
"Our second objective is to support projects that can benefit from our unique, expansive initiatives. We've been extremely effective because our programs are both entrepreneurial and augmentative," explained Hall. This is especially relevant today given our nation's dire need for more affordable housing, small business expansion and high-quality school systems."
The Montclair Foundation is proud to announce the awarding of $90,000 in grants to 17 local nonprofit organizations through its Spring 2025 grant cycle. These grants will support critical initiatives in the areas of Education, Community Service and Cultural Arts — continuing the Foundation’s long-standing commitment to nurturing and strengthening the greater Montclair community.
Thanks to the success of the Foundation’s recent capital campaign, this grant cycle includes several larger awards and a multi-year grant, reflecting an exciting new chapter of expanded community investment.
“We are incredibly grateful to our donors and supporters whose generosity through our capital campaign has allowed us to increase both the scope and impact of our grantmaking,” said Peggy Deehan, Chair of the Grants Committee. “Montclair is home to so many extraordinary organizations making a meaningful difference every day. It’s a privilege to partner with them in creating a more vibrant, inclusive, and compassionate community.”
This season’s recipients include organizations providing emergency medical services, youth tutoring and mentoring, early childhood care, community wellness, arts education, and cultural programming. Among the highlights is a multi-year grant to Imani — the inaugural recipient of the newly established Emer Featherstone Education Grant, named in honor of our esteemed past Board Chair - and a $15,000 grant to the Montclair Ambulance Unit to support a critical outreach campaign. The Foundation extends its sincere appreciation to all applicants for their dedication and invaluable work in the community.
Grantmakers Concerned with Immigrants and Refugees (GCIR) presents an opportunity for funders to gain insights into their early thinking on potential movement strategies and needs post national elections.
Elections are an essential expression of our democracy, and movement organizations play a crucial role in that democratic exercise by mobilizing their communities to have their voices heard at the ballot box. For funders, the All by April campaign was a clear call to action, highlighting the necessity of early and flexible support to allow these frontline organizations to kick their operations into high gear. However, the work for philanthropy is not over. In addition to resourcing civic engagement efforts in the run-up to elections, fudners must also stand ready to strategically deploy resources in response to what comes once the elections are over.
From the risk of increasingly harsh enforcement policies at the federal level to openings to push for more inclusive policies at the state and local levels, immigrant justice groups have been carefully considering the threats and opportunities associated with a variety of congressional and presidential election outcome scenarios. In this webinar, funders will gain insights into their early thinking on potential movement strategies and needs.
This session represents one of several spaces GCIR and our allies will be holding for philanthropy to prepare and respond to the upcoming elections, with additional opportunities and post-election strategy sessions.
SPEAKERS
· Jeremy Robbins, Executive Director, American Immigration Council
· Tessa Petit, Executive Director, Florida Immigrant Coalition
· Raha Wala, VP of Strategic Partnerships and Advocacy, National Immigration Law Center
· Murad Awawdeh, President and CEO, New York Immigration Coalition
MODERATOR
· Ivy O. Suriyopas, Vice President of Programs, Grantmakers Concerned with Immigrants and Refugees
· Veronika Geronimo, Director of Immigrant Justice, Four Freedoms Fund, NEO Philanthropy
Cost: Free for Funders
