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CNJG is pleased to offer a new member benefit: ValuesAdvisor. Many foundations now recognize that the investments made from their corpus have the power to support their mission, but don’t know how to take the first step: finding a trusted financial advisor with the right expertise. We now offer you free access to ValuesAdvisor, a nonprofit, online, searchable database of peer-recommended financial advisors who have the expertise you need. You can learn more about the platform by watching this short, 3 minute video. In this webinar with ValuesAdvisor Co-Founder Kate Simpson, you will learn about how the platform can be used to further your mission (climate, DEI, place based, etc.).
This webinar pairs nicely with CNJG’s Impact Investing Bootcamp series.
COST: Free for CNJG Members
Webinar Video
The Fund for Women and Girls of the Princeton Area Community Foundation has awarded a record $325,000 in grants to local nonprofit organizations.
This funding is the largest amount awarded in any cycle of the Fund’s more than 20-year history and includes a first-time award for the Liz Gray Erickson Memorial Grant, a 3-year grant given in memory of the Princeton resident who served as the chair of the Fund from 2012 to 2014.
“Thanks to the generosity and commitment of our Fund for Women and Girls members, we’ve awarded more than $1 million in grants to more than three dozen nonprofits in the last five years,” said Jenifer Morack, Fund Co-Chair.
Fund members pool their donations, then recommend grants to be awarded annually to local nonprofits. Isabel Zisk, Fund Co-Chair, said making a gift to the Fund is incredibly effective. Individual donations create a leveraged pool of funding that greatly benefits nonprofits working to impact the well-being of women, girls and communities in our region.
“We do what no individual donor has the expertise, time or access to do,” she said, explaining that the Fund’s Grants Committee members read dozens of applications and conduct site visits with nonprofits. “Because of some very generous gifts, this year, we have the honor of awarding the Liz Gray Erickson Memorial Grant. With her visionary leadership, Liz planted the seeds of our grantmaking focus.”
A CNJG member queried our listserves with the question "Does anyone have templates that can be used and/or shared related to grant approval letters and terms and conditions related to COVID-19 grants?" CNJG compiled the answers from responding members.
The 2020 New Jersey Philanthropy Benefits & Salary Report provides a valuable benchmarking resource. Developed and compiled for CNJG members exclusively, the report presents comprehensive benefits data specific to New Jersey's grantmaking community, alongside data from the Council on Foundations' annual salary survey. Produced every three years, this benchmarking report is a highly valued benefit of your membership in the Council of New Jersey Grantmakers. Thank you to the CNJG members that completed the benefits survey earlier this year that enabled us to produce this report.
The first section, 2020 Benefits Summary Report, includes benefits data for the 2020 calendar year and covers employment, leave benefits, insurance benefits, and more. We are delighted to also present for the first time in this triennial report, demographic data on the boards and staffs of those that responded. The second section, 2020 Grantmaker Salary Tables: New Jersey, Mid-Atlantic and National Data provides data on compensation across a wide range of positions and grantmaking entities. Thank you to the CNJG members that completed the Council on Foundations’ annual survey on salaries that enabled us to produce this section of the report.
Under-resourced communities are going without because nonprofits can't meet demand. Americans —particularly those in low-income communities—are still struggling to secure jobs, affordable housing, and healthcare. Nonprofit Finance Fund’s 2015 State of the Nonprofit Sector Survey focuses on the underlying causes of these dynamics by exploring the programmatic, financial, and operational issues facing nonprofits across the U.S.
NFF launched the Survey in 2008, when economic crisis threatened the viability of many organizations. Seven years later, results from 5,451 respondents show some indications of recovery, stabilization, and growth. Nonprofits are adding jobs, engaging in strategic conversations such as leadership succession planning, and looking to retain their workforce. Yet as they raise their sights from the focus on short-term crisis, many are confronting the troubling reality that current practices cannot sustain organizations in the long-term or meet the needs of the communities they serve now. Many organizations have stumbled out of crisis looking to make the necessary investments to secure their long-term future. And it is a hard road ahead.
A new nonpartisan resource, Foundation Funding for U.S. Democracy, provides data about foundations and their democracy-related grantmaking in a structured, contextualized, and visual format. Foundation Funding for U.S. Democracy was created through a partnership of eight funders in the field, including the Rita Allen Foundation, and is being developed by the Foundation Center.
The tool allows funders, nonprofits and other interested parties to sift through data on the $1.7 billion (and counting) granted by foundations to strengthen civic engagement in the United States since 2011. For the first time, we have an open tool for visualizing who gave how much to whom for what. While the tool and the data will continue to develop, it already gives a tremendously useful view of opportunities for greater partnerships and knowledge in the field—both for funders and for the organizations, small and large, established and emerging, working to strengthen our democracy. As Kelly Born of the Hewlett Foundation, another of the project partners, writes in a post introducing the tool: “As useful as this data set and visualization will be for foundations already working in the field or new funders considering entering it, the real killer app for this work will be to help grant seekers.”