Overview
What is Council Of New Jersey Grantmakers Inc?
The Council of New Jersey Grantmakers Inc, based in Ewing, New Jersey, is a renowned nonprofit organization dedicated to fostering effective philanthropy across the state. Their primary mission is to strengthen and promote philanthropic efforts in New Jersey. They achieve this by offering a comprehensive range of programs and services throughout the year, including funder briefings, skill-building workshops, affinity group meetings, and special reports. These initiatives provide valuable resources, networking opportunities, educational programs, collaborative chances, and links to a national network of organized philanthropy. The Council also works in partnership with various organizations to offer exclusive briefings and knowledge-building programs for members. Their activities extend beyond events, with member research and queries, newsletters, listserves, and the Newark Philanthropic Liaison Initiative contributing to keeping members informed and connected. The Council of New Jersey Grantmakers serves as a bridge between New Jersey's philanthropic community and the Mayor's Office, aiming to convene, connect, leverage, and raise resources through partnerships. With a staff of 8 individuals, they work tirelessly to enhance the effectiveness of the state's philanthropic sector in addressing New Jersey's most challenging issues.
Official website here: www.cnjg.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% - Four-Star out of Four Star rating from Charity Navigator.
Council Of New Jersey Grantmakers Inc has achieved a remarkable rating of 96%, reflecting its strong commitment to accountability and finance. The organization demonstrates exceptional governance practices, with a fully independent board and robust oversight mechanisms in place. This high score indicates that donors can trust the organization to use funds efficiently and responsibly.
The nonprofit has a solid financial structure, as evidenced by its low liabilities to assets ratio of 16.20% and a program expense ratio of 72.84%. These metrics suggest that a significant portion of its budget is directed towards its programs rather than administrative costs, which is a positive sign for stakeholders and beneficiaries alike. Furthermore, the presence of comprehensive policies regarding conflict of interest, whistleblower protections, and document retention adds to its credibility.
While the data showcases strong performance in financial management and governance, specific details on program effectiveness and impact outcomes are not highlighted. As such, while the organization excels in financial accountability, potential donors may benefit from understanding the tangible outcomes of its initiatives. Overall, the Council Of New Jersey Grantmakers Inc stands out as a well-managed organization with a strong ethical foundation.
This AI summary has been generated from information found on Charity Navigator.
Is Council Of New Jersey Grantmakers Inc legitimate?
Council Of New Jersey Grantmakers Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Council Of New Jersey Grantmakers Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $180,829
Professional Fundraising Fees: $0
Other Salaries and Wages: $259,502
For more financial information, click here
Official website here: www.cnjg.org
What is the mission statement of Council Of New Jersey Grantmakers Inc?
The Council of New Jersey Grantmakers Inc's mission is centered around strengthening and promoting effective philanthropy across the state. They achieve this by offering valuable resources, networking opportunities, educational programs, collaborative chances, and links to a national network of organized philanthropy to grantmakers. The organization enhances the efficacy of New Jersey's philanthropic sector by bolstering their capacity to tackle the state's most complex issues. By doing so, they aim to contribute to resolving New Jersey's most challenging problems.
Official website here: www.cnjg.org
Who is the CEO of Council Of New Jersey Grantmakers Inc?
Theresa Jacks is the Chair of Council Of New Jersey Grantmakers Inc. The CEO's salary of Council Of New Jersey Grantmakers Inc is $150,809 and their total compensation is $181,004.
Official website here: www.cnjg.org
What is the revenue of Council Of New Jersey Grantmakers Inc?
Council Of New Jersey Grantmakers Inc's revenue in 2022 was $1,099,286.
Official website here: www.cnjg.org
Who are the executives of Council Of New Jersey Grantmakers Inc and what are their salaries?
The average compensation at Council Of New Jersey Grantmakers Inc during 2022 was $55,041. There are 8 employees and 20 volunteers at Council Of New Jersey Grantmakers Inc.
Here are 22 key members and their salaries (Council Of New Jersey Grantmakers Inc's CEO's salary is $150,809 and their total compensation is $181,004):
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Official website here: www.cnjg.org
Where can I find the form 990 for Council Of New Jersey Grantmakers Inc?
Council Of New Jersey Grantmakers Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cnjg.org
Learn more at the official website: www.cnjg.org
Mission Statement of Council Of New Jersey Grantmakers Inc
The Council of New Jersey Grantmakers, Inc., serves a crucial role in promoting and enhancing effective philanthropy within the state. Their mission is twofold: firstly, they strive to strengthen philanthropy by providing valuable resources, networking opportunities, educational programs, and collaborative chances to its members. Secondly, they aim to boost the capacity of the philanthropic sector in New Jersey, enabling them to address the state's most pressing challenges more effectively. By offering these services, the Council of New Jersey Grantmakers plays a significant part in supporting grantmakers in their endeavors and ultimately contributes to the betterment of the community.
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Impact
October, 2024
The Council of New Jersey Grantmakers Inc (CNJG) plays a vital role in enhancing the effectiveness of philanthropy across New Jersey. By providing a comprehensive suite of programs and services, it strengthens the capacity of grantmakers to address pressing societal challenges within the state.
In 2022, CNJG facilitated over 80 programs, including funder briefings, affinity group meetings, and skill-building webinars, which brought together grantmakers with leaders from government, business, and academia. These initiatives foster an ecosystem of collaboration and knowledge-sharing, enabling grantmakers to leverage insights and resources effectively.
Key programs such as the Newark Philanthropic Liaison Initiative underline CNJG's commitment to innovative partnerships. This collaboration between the city of Newark and CNJG fosters a bridge between local funders and the administration, enhancing resource mobilization and strategic alignment to meet community needs.
Through prioritizing educational programming, CNJG equips its members with essential skills and knowledge necessary for effective grantmaking. The organization’s emphasis on networking and communication ensures that its members stay informed and connected to both regional and national philanthropy trends, further amplifying their impact.
In summary, CNJG’s multidimensional approach not only strengthens individual grantmaking efforts but also enhances the collective impact of New Jersey's philanthropic sector, enabling it to respond more effectively to the state's most challenging issues.
This information is meant to be a general summary of Council Of New Jersey Grantmakers Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $4,108
- Program Service Revenue: $104,530
- Gross Receipts: $1,099,286
Assets and Liabilities:
- Total Assets: $1,605,840
- Total Liabilities: $260,157
- Net Assets: $1,345,683
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$83,675
PROGRAM FEES
Revenue
$20,855
Organization Details
Founding Year
1996
Phone
(609) 414-7110Principal Officer
Theresa Jacks
Main Address
1977 OLDEN AVENUE 238, EWING, NJ, 08618
Website
www.cnjg.orgNTEE Category
Code: T990 - Philanthropy
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