COMMUNITY FOUNDATION OF NEW JERSEY

MORRISTOWN, NJ, 07963-0000 (973) 267-5533 Est. 1979 EIN 22-2281783
T310— Philanthropy & Grantmaking Form 990 501(c)(3)
WWW.CFNJ.ORG

Mission

TO CONNECT DONORS TO ORGANIZATIONS, ISSUES AND GEOGRAPHIC AREAS IMPORTANT TO THEM OVER TIME, TO PROVIDE LEADERSHIP AND SUPPORT TO DONORS, COMMUNITY ORGANIZATIONS, LEADERS AND FOUNDATIONS TO ACHIEVE THE ART OF LASTING PHILANTHROPY.

Giving Portfolio

Total Grants
7,353
Total Giving
$481.5M
Recipients
7,037
Years Active
2018 - 2024
Avg grant: $66,499 Median: $16,000

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20241292$93.0M $72K354922
20231178$58.4M $50K288853
20221151$140.1M $122K413696
20201690$82.0M $49K783795
20191116$51.0M $46K454606
2018926$56.9M $61K8730

Sectors Funded

Education
1151
Human Services
881
Arts, Culture & Humanities
525
Health Care
435
Philanthropy & Grantmaking
319
Environment
302
International & Foreign Affairs
224
Recreation & Sports
186
and 18 more sectors

Top States

New Jersey
3381
New York
1002
Massachusetts
399
Pennsylvania
378
Florida
236
California
221
District of Columbia
189
Connecticut
156
and 39 more states

Grantee Size Profile

Over $50M
1509
$1M - $5M
1476
$10M - $50M
1293
$5M - $10M
664
$100K - $500K
563
$500K - $1M
452
Under $100K
186

Top Grantees

$75.9M
$26.1M
$14.3M
CT - 6 grants
$7.0M
NJ - 2 grants
$4.0M
NY - 6 grants
$3.9M
and 15 more grantees

Grants Awarded · 6931 grants

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Financials

Total Revenue
$211,932,280
Total Expenses
$118,241,011
Net Assets
$961,242,848
29 employees 20 volunteers
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
8.1 years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 45.3%
Expenses ↑ 44.0%
Revenue Sources
Contributions 73.1% Earned revenue 2.2% Investment 24.8%
Expense Breakdown
Program 98.3% Management 1.2% Fundraising 0.5%

Officers & Trustees (28)

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Filing History (6 filings)

YearRevenueExpensesNet Assets
2024 Form 990$211,932,280 $118,241,011$961,242,848
2023 Form 990$145,893,936 $82,099,372$827,696,625
2022 Form 990$153,275,906 $163,989,555$708,280,332
2020 Form 990$201,294,607 $102,910,923$639,804,992
2019 Form 990$121,914,293 $65,162,245$505,647,736
2018 Form 990$124,792,561 $78,494,879$401,553,075

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EIN: 22-2281783 · Source: IRS Form 990 e-file data