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The Funders Collaborative was an innovative partnership supported by 14 local and national foundations. The collaborative supplemented the programs and grantmaking of its member foundations by working with community organizations, the business sector and public agencies to encourage collaboration, planning and investment “beyond the rail.”
The Green Line opened in June 2014, and the Funders Collaborative concluded its work two years later in June 2016 as planned.
The Funders Collaborative was founded with a belief in light rail’s potential for benefiting the people and places closest to the line. The collaborative envisioned stable, thriving neighborhoods throughout the corridor that reflect community identities and link all people to regional opportunities and local amenities.
The Funders Collaborative concluded its work in June 2016 as planned. The final report and archives document the accomplishments and learnings of this innovative partnership have been archieved for learning purposes.
After careful consideration, the CNJG Leadership and Policy Committee recommended the Council’s Board of Trustees should adopt the following formal position:
The Council of New Jersey Grantmakers supports simplification of the private foundation excise tax on net investment income to a flat rate.
The Committee believes a flat rate would remove uncertainty and simplify the process. A flat rate could also potentially encourage grantmakers to give more. The Committee stressed that the issue is not to necessarily lower the tax burden on private foundations, but to simplify the process. Therefore, the Committee did not endorse a “specific” rate such as the 1% rate, but simply recommended endorsing a “flat rate.” The Board agree and adopted the formal position at the October 23rd Board meeting.
For additional information, please contact Theresa Jacks.
The Provident Bank Foundation (PBF) on May 11 announced Major Grant recipients for its first cycle of 2021.
The Foundation awarded $400,000 of total funding – its largest Major Grant cycle to date – to 26 nonprofit organizations within the Foundation’s three priority areas: Community Enrichment, Education and Health, and Youth & Families.
Grants provide funding between $5,000 and $25,000 to organizations across the New Jersey, New York and Pennsylvania communities served by Provident Bank.
“The Provident Bank Foundation remains focused on funding valuable programs, projects, and initiatives that address immediate needs, create meaningful impact, and lead to sustainable community enhancement,” said the foundation’s executive director, Samantha Plotino. “We are committed to supporting organizations that are helping our communities remain vibrant, healthy and safe.”
The New Jersey Council for the Humanities (NJCH) recently awarded $199,637 in Incubation and Action Grant funding to sixteen organizations. Incubation Grants help organizations plan, research, develop, and prototype public humanities projects and events. Action Grants help organizations implement a wide array of humanities-based projects, including public programs, exhibitions, installations, tours, and discussion groups.<BR><BR>
Public humanities programming allows individuals to engage in lifelong learning and share in the exploration of history, values, cultures, and beliefs. NJCH supports and acts as a resource for cultural and service-oriented nonprofit partners as they bring the public humanities to the residents of New Jersey, harnessing the power of the humanities to strengthen communities.
Looking to help drive economic opportunity and upward mobility, Bank of America announced Tuesday that it will be making more than $4.2 million in grants to 75 New Jersey nonprofits.
The grants, announced during “Giving Tuesday,” will be used by groups that focus on basic needs, affordable housing, workforce development and small business and economic revitalization, Bank of America New Jersey President Alberto Garofalo said.
“As part of our commitment to sustainable growth, helping local organizations address immediate short- and long-term needs has been key on our path of economic recovery,” he said. “By supporting New Jersey’s incredible network of nonprofits, Bank of America is providing philanthropic capital to help advance economic and social progress, establishing pathways to success and stability for our community.”
Today the Regional Foundation announced $4,750,000 in Implementation Grants to seven organizations throughout Eastern Pennsylvania, New Jersey, and Delaware. The Neighborhood Implementation Grants program supports comprehensive community development plans that target specific neighborhoods, are resident-driven, and equity focused. The multi-year funding is designed to assist the foundation’s grantee partners to start or sustain momentum in their comprehensive neighborhood revitalization initiatives.
“The grants we announced today are an exciting next step in the journey of the Regional Foundation,” stated Kevin Dow, Executive Director of the foundation. “These community investments will further the success of organizations leading resident engaged, neighborhood revitalization efforts with stable funding for at least five years. Three of the grants represent new implementation investments while four of the seven sustain long standing partnerships.”
The Healthcare Foundation of New Jersey (HFNJ) is pleased to announce that it has awarded $2,802,521 to twenty New Jersey nonprofit organizations in its third quarter grant cycle of 2023. The total includes renewal funding for 15 projects that had previously been awarded grants from HFNJ, and first-time funding for five new projects.
The projects reflect the many diverse areas in which HFNJ works to fulfill its mission of improving the health and well-being of individuals in Newark and its environs and the Jewish community of Greater MetroWest, NJ. Programs providing vision care for children; dental care for veterans; care for individuals experiencing homelessness; the provision of healthy foods; and more will be supported by the grants awarded this quarter.
The PSEG Foundation has awarded more than $1 million to 301 community organizations, 39 of which are first-time recipients, the group announced this week.
The grants range from $500 to $21,000 for eligible 501(c)(3) organizations, many of which are supported by Public Service Electric & Gas and PSEG Long Island employee-volunteers year-round. The PSEG Foundation, a separate legal entity from Public Service Enterprise Group, is a 501(c)(3) organization.
The funding responds to a record number of applications for the annual Neighborhood Partners Program and nearly doubles the number of organizations awarded funding since 2020. Founded in 2014, the NPP provides grant funding for organizations based on demonstrated program effectiveness, depth and overall alignment with the PSEG Foundation’s strategic pillars: environmental sustainability, social justice and equity and economic empowerment.