Community Foundation of New Jersey
98% goes to programs $0 to raise $100 Strong reserves Declining revenue
Community Foundation of New Jersey is a 501(c)(3) organization based in Morristown, New Jersey, registered in 1985, with $211,932,280 in FY2024 revenue. CharityIndex grades it A, and it directs about 98% of spending to programs.
Po Box 33835 Knox Hill Rd, Morristown, NJ, 07963 EIN 22-2281783 Since 1985
Revenue (FY2024)
$211.9M
▲ 45.3% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$118.2M
Net assets
$961.2M
Employees
29
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
A+Program efficiency40% of the rating98% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Community Foundation of New Jersey: 98% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
B+Financial health25% of the rating98 mo reserves · +44% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Community Foundation of New Jersey: 98 mo reserves · +44% margin earns a B+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Community Foundation of New Jersey: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Community Foundation of New Jersey: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
To connect donors to organizations, provide leadership and support to donors, community organizations, leaders and foundations to achieve the art of lasting philanthropy.
What they do
The community foundation of new jersey (cfnj) sponsors several special projects each year, often initiated to address an urgent or region-specific need.
Other program service expenses including salaries, employee benefits and various other expenses to carry out the foundation's mission and programs.
Contact & location
- Address
- Po Box 33835 Knox Hill Rd, Morristown, NJ, 07963
- City
- Morristown
- State
- New Jersey
- Subcategory
- Public Foundations
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $58.0M (FY2013) to $211.9M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $39.2MNet assets $961.2M
Operating margin
44.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.0B
Total liabilities
$39.2M
Net assets
$961.2M
Salaries & benefits
$3.7M
3% of expenses
Board members
21
20 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $211,932,280▲45.3% | $118,241,011▲44.0% | $961,242,848▲16.1% | $1,000,436,937▲15.6% | 990 |
| 2023 | $145,893,936▼4.8% | $82,099,372▼49.9% | $827,696,625▲16.9% | $865,093,625▲17.4% | 990 |
| 2022 | $153,275,906▼40.6% | $163,989,555▲38.5% | $708,280,332▼14.4% | $736,851,451▼13.6% | 990 |
| 2021 | $257,903,592▲28.1% | $118,365,277▲15.0% | $827,048,030▲29.3% | $853,045,584▲27.6% | 990 |
| 2020 | $201,294,607▲65.1% | $102,910,923▲57.9% | $639,804,992▲26.5% | $668,707,363▲26.1% | 990 |
| 2019 | $121,914,293▼2.3% | $65,162,245▼17.0% | $505,647,736▲25.9% | $530,172,076▲25.2% | 990 |
| 2018 | $124,792,561▲31.7% | $78,494,879▲27.3% | $401,553,075▼9.0% | $423,500,320▼9.4% | 990 |
| 2017 | $94,761,884▼20.2% | $61,663,141▼12.2% | $441,457,444▲14.8% | $467,622,757▲14.1% | 990 |
| 2016 | $118,821,817▲8.1% | $70,214,258▲32.9% | $384,669,244▲17.5% | $409,975,423▲16.2% | 990 |
| 2015 | $109,884,425▲5.4% | $52,818,727▲13.5% | $327,311,293▲13.6% | $352,832,247▲12.3% | 990 |
| 2014 | $104,269,789▲79.8% | $46,532,745▲8.7% | $288,238,677▲20.8% | $314,170,598▲19.4% | 990 |
| 2013 | $57,996,842 | $42,827,704▲29.8% | $238,511,639▲14.7% | $263,090,466▲14.5% | 990 |
| 2012 | — | $33,005,078▲1.8% | $207,878,344▲6.4% | $229,753,768▲6.0% | 990 |
| 2011 | — | $32,424,815▲1.1% | $195,401,006▲1.3% | $216,654,693▲0.3% | 990 |
| 2010 | — | $32,063,577 | $192,823,300 | $216,075,780 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Hans Dekker — $610,439 (0.52% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Hans Dekker | Trustee, President/ceo | 40 | $610,439 |
| Aaron Turner | Chief Philanthropic Officer | 40 | $262,131 |
| Faith Krueger | Coo, Assistant Secretary | 40 | $176,421 |
| Carolyn Lange | Outgoing Cfo, Assistant Treasurer | 40 | $174,723 |
| Anthony Fraizer | Executive Director | 37.5 | $172,008 |
| Erik Estrada | Community Manager | 40 | $118,481 |
| Madeline Rivera | Program Officer, Assistant Secretary | 37.5 | $90,749 |
| Amanda Kwai Pun | Cfo | 40 | $70,705 |
| Aiysha Johnson | Trustee | 2 | — |
| Ayo Sanderson Wilson | Trustee | 2 | — |
| Barbara Lawrence | Trustee | 2 | — |
| Christine Lacroix | Trustee | 2 | — |
| Dawn M Lauer | Trustee | 2 | — |
| Dennis G Wilson | Trustee | 2 | — |
| Elena J Richards | Trustee | 2 | — |
| Eva Turbiner | Trustee | 2 | — |
| Gail Mandel | Trustee | 2 | — |
| Gary Fisch | Trustee | 2 | — |
| Gerard G Brew Esq | Trustee | 2 | — |
| Harry O'mealia | Trustee and Treasurer | 2 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Your Part Time Controller LLC | Accounting Services | $145,811 |
| Jill Eisenhard | Consulting Services For Program Manageme | $125,000 |
| New Tomorrow Partners LLC | Consulting Services For Program Manageme | $124,907 |
| Kaitlyn Meirs | Consulting Services For Program Manageme | $124,156 |
Grants received · $119.3M total
173 grants to Community Foundation of New Jersey totaling $119.3M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Kind Inc | Program support | 2024 | $823,750 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $105,000 |
| American Endowment Foundation | Philanthropy | 2024 | $58,075 |
| Charities Aid Foundation America | Charitable donation | 2024 | $53,518 |
| The Seattle Foundation | Child welfare funders collaborative | 2024 | $50,000 |
| Greater Horizons | Public, societal benefit | 2024 | $40,000 |
| American Online Giving Foundation Inc | General support | 2024 | $30,415 |
| Jewish Communal Fund | In furtherance of grantee's tax-exempt purpose | 2024 | $26,500 |
| Amalgamated Charitable Foundation Inc | General operating support | 2024 | $25,000 |
| Philadelphia Foundation | Program support | 2024 | $20,000 |
| Ayco Charitable Foundation | Community & human services | 2024 | $14,300 |
| The Us Charitable Gift Trust | For recipient's exempt purpose | 2024 | $12,806 |
| Cooper Health System A New Jersey Non-profit Corporation | General support | 2024 | $6,000 |
| Paypal Charitable Giving Fund | General support | 2024 | $5,881 |
| National Philanthropic Tr | Education | 2023 | $7,303,028 |
Grants made · $93.8M in FY2024
1,321 grants totaling $93.8M in FY2024 — showing the 15 largest. All grants made by Community Foundation of New Jersey →
| Recipient | Purpose | Amount |
|---|---|---|
| Gbsc Foundation | Sports & recreation | $14,250,000 |
| Understood For All Inc | Special needs | $4,800,000 |
| Americans For Ben-gurion University Inc | Universities, graduate schools or law schools | $2,557,000 |
| National Winter Activity Center | Sports, recreation or performing & visual arts | $2,248,130 |
| The Childrens Hospital of Philadelphia Foundation | Hospitals, specialty hospitals & community clinics | $1,570,400 |
| Jewish Community Foundation of Greater Metrowest Nj | Fund closing | $1,338,448 |
| Community Food Bank of New Jersey Inc | Food & nutrition | $1,119,059 |
| Overlook Foundation | Hospitals, specialty hospitals & community clinics | $1,100,000 |
| Geothermal Resources Council | Agriculture, education or advocacy | $1,086,000 |
| University of Northern Colorado Foundation Inc | Universities, graduate schools or law schools | $1,062,500 |
| Shaker Museum and Library | Museums & historical societies and preservation | $1,018,000 |
| Drew University | Universities, graduate schools or law schools | $1,015,500 |
| Childrens Museum of Manhattan | Museums & historical societies and preservation | $1,005,000 |
| United Way Worldwide | Relief services | $1,001,000 |
| Teaching Lab | General | $1,000,000 |
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Frequently asked questions
- Is Community Foundation of New Jersey a legitimate nonprofit?
- Yes. Community Foundation of New Jersey is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 22-2281783, based in Morristown, New Jersey. Donations are tax-deductible.
- What is Community Foundation of New Jersey's EIN?
- Community Foundation of New Jersey's Employer Identification Number (EIN) is 22-2281783.
- How much revenue does Community Foundation of New Jersey report?
- Community Foundation of New Jersey reported $211,932,280 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Community Foundation of New Jersey's spending goes to programs?
- Community Foundation of New Jersey spends about 98% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Community Foundation of New Jersey have?
- CharityIndex grades Community Foundation of New Jersey A, based on program efficiency and fundraising cost.
- How much does Community Foundation of New Jersey's highest-paid employee make?
- The highest reported compensation on Community Foundation of New Jersey's latest Form 990 is $610,439, paid to Hans Dekker (Trustee, President/ceo).
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Data for Community Foundation of New Jersey (EIN 22-2281783) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.