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As we settle into the festive spirit of the holiday season, it's the perfect time to take a step back and reflect on the impact we've made - and the exciting possibilities ahead. I'm reaching out once again to remind you about the CNJG Annual Meeting & Holiday Gathering - our key year-end event where we gather to reflect, learn, and most importantly, strengthen the connections that make our work in philanthropy so impactful.
This year's theme, Inspiring Change through Leadership: Maximizing Philanthropic Impact, is about how we can use leadership to drive meaningful and lasting change. I'm excited to share that this year's gathering will offer an inspiring mix of learning, reflection, and connection - an opportunity to think about where we've been and where we want to go next.
Here's what to look forward to:
- Leadership in Action Workshop: We'll be diving into the New Jersey Principles for Philanthropy with a panel of CNJG members who have led the efforts for CNJG to adopt the principles. The panelists will discuss how they are aligning their work with the principles, where some challenges lie ahead, and how we can promote these principles within our organizations to engage in further work. It will be an excellent opportunity to learn, discuss, and brainstorm how you, too, can apply these guiding principles to your own work and further strengthen your organization's impact.
- Keynote Address by Amalia Brindis Delgado: I'm especially excited about our keynote speaker, Amalia Brindis Delgado, Chief Strategy Officer, Panta Rhea Foundation. Amalia will speak on leadership and leadership transitions as well as share insights from her work with Leading Forward and Resilience & Renewal Grantmaking. Her talk will offer valuable lessons on navigating change and building organizational resilience - something that's more important than ever as we look towards the future of philanthropy.
A Special Announcement:
I'm also pleased to share that we have a new face joining the 
CNJG team. Please join me in welcoming Fortunata Cuomo as our new Development Associate. Fortunata brings a wealth of experience in nonprofit fundraising, and we're excited for you to meet her at the Annual Meeting. Her role will focus on improving and expanding our sponsorship and Resource Marketplace programs, managing all aspects of our grant funding, and spearheading efforts to build new revenue streams. This position is a critical investment in CNJG to help us expand our business model and create new opportunities to generate revenue.
With just a few days to go, I encourage you to take a moment to register for the Annual Meeting (if you haven't already) and join us for what promises to be an inspiring, energizing day of conversation and connection. We are truly looking forward to seeing you on December 11 at APA Hotel Woodbridge in Iselin.
A big thank you to our sponsors to date - we couldn't do this without you! Special thanks to Signature Sponsor – Prudential; Contributing Sponsors – Campbell’s, Devils Youth Foundation, Robert Wood Johnson Foundation, and Victoria Foundation; Supporting Sponsors – Grunin Foundation, LISC NJ, Pincus Family Foundation, and WSFS Bank; and Colleague Sponsor – Horizon Blue Cross Blue Shield of New Jersey.
Warmly,
Theresa Jacks, President and CEO
Council of New Jersey Grantmakers
The 2023 New Jersey Philanthropy Benefits & Salary Summary Report provides a valuable benchmarking resource for CNJG members on the benefits offered to employees and trustees and salaries for employees. Developed and compiled exclusively for CNJG members, 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 anticipated and valued benefit of your CNJG membership.
The first section, 2023 CNJG Benefits Summary Report, includes benefits data for the 2023 calendar year and covers employment numbers, leave benefits, insurance benefits, and more. Within this section, we are pleased to also present demographic data on the board and staff of those that responded. Thank you to the members that completed our benefits survey earlier this year enabling us to produce this report.
The second section, 2023 Grantmaker Salary Tables: National, Mid-Atlantic and New Jersey 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. Thank you to the Council on Foundations for compiling and sharing this data with us for free to use our report.
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.