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TD Charitable Foundation, the charitable giving arm of TD Bank, America's Most Convenient Bank®, awarded 32 local organizations from Maine to Florida nearly $5 million through its 15th Annual Housing for Everyone grant competition. The Housing for Everyone program has awarded more than $32 million in grants to over 500 community organizations since 2005.
The 2020 competition focused on supporting organizations that provide direct rent relief and supportive services to individuals hit hardest by the pandemic. To commemorate the 15th anniversary of Housing for Everyone, the TD Charitable Foundation increased the total amount of grants to be awarded by 30%, from $3.75 million to $4.9 million. Grants ranging from $125,000 - $250,000 were awarded to organizations working to help COVID-impacted households remain in safe, affordable rental units.
"The economic instability created by the pandemic has exacerbated the challenges faced by many renters, a large percentage of whom have experienced job loss and lack healthcare insurance," said Paige Carlson-Heim, Director of the TD Charitable Foundation. "It's estimated that up to 34 million people who rent are at risk of losing their homes when eviction moratoriums and other renter protections expire. The TD Charitable Foundation is proud to support this year's Housing for Everyone grant recipients as they play a key role in helping to combat this statistic in their local communities."
The program supports community-based projects that foster neighborhood stability and growth by providing grants to residents and organizations in Newark.
On May 21, Prudential Financial announced the recipients of the second annual Prudential Community Grants Program during a ceremony at Prudential’s headquarters in Newark, New Jersey.
The program, launched in 2023, was created to support neighborhood-based solutions that foster community vitality through grants to residents and organizations in Newark. Among this year’s recipients are a variety of inspiring projects supporting community health and wellness, arts, education, beautification and development.
“Through the Community Grants program, Prudential is proud to continue our support of the residents and projects that are driving growth and quality of life in our hometown city,” said Lata Reddy, senior vice president of Inclusive Solutions at Prudential Financial and chair of The Prudential Foundation. “Thriving neighborhoods are the heartbeat of a strong city, and we designed this program to directly support residents as they work to solve challenges in their community. We look forward to seeing the positive impact this next group of grantees has across all five wards of Newark.”
With a $300,000 grant to the Community Foundation of New Jersey, Prudential will support neighborhood-based solutions that increase community vitality. The program received 400 applications this year, up from 225 applications in 2023 (a 78% increase), from a combination of individuals, 501(c)(3) organizations, and small business owners. Of the 66 community-based projects chosen, 19 are repeat recipients.
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.
At the October Grantmakers for Education Annual Conference in Washington, D.C., the Newark Funders Education Committee presented a workshop called “How Not to Read the Prize” to a standing-room-only audience of national, regional, and local foundations.
They did so not to dispute the findings in Dale Russakoff’s book, “The Prize,” but rather to expound upon the progress and challenges that have occurred during the period since Mark Zuckerberg’s $100-million-dollar gift was announced in September 2010 and to paint a fuller, more nuanced picture.
The process of putting together the panel was a learning experience for all of us who participated. It helped us to clarify our own thinking about what the gift enabled Newark to accomplish, how we as local funders have come to work together more effectively, and how we might advise national foundations interested in place-based impact to engage with the community and with local funders.
In September 2010, Mark Zuckerberg announced a $100 million gift, to be matched dollar for dollar, to transform education in Newark in five years. The Foundation for Newark’s Future was created as a local foundation that would manage a then-undetermined portion of the gift.
The Prize, by Dale Russakoff, documents the first five few years of this reform effort. As Russakoff illustrates, there were strong personalities involved in the reform effort who had or have now moved to new positions. Also, this was the donor’s first foray into philanthropy and despite efforts at community engagement, many community leaders and activists felt that district and state leaders and national foundation representatives did not invite or respect authentic community participation in its decisions. The book and subsequent book tour largely focused on these themes.
The narrative in philanthropy is that “this bold effort largely failed.” With the benefit of time, we would write a different narrative: there were missteps along the way, and some philanthropic overreach, but Newark is moving forward, education outcomes are improving, and some of the work that was started because of this initiative has had sustained positive impact. Most importantly, there is a robust education dialogue in the city that has moved from vigorous disagreement to an agreement to collaborate even when we disagree. So, the hashtag for this work seven years on might be: #notfinishedyet or #needapart2.