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Community Foundation of New Jersey
Community Foundation of New Jersey reported $211.9 million in revenue and $118.2 million in expenses for calendar year 2024. Of every $100 it spent, $98.30 went to program services, $1.22 to management and general costs and $0.48 to fundraising. Its largest source of revenue was contributions and grants: 73.1% of the total. The highest compensation it reported for one person was $677,240 (TRUSTEE, PRESIDENT/CEO). 6 people received more than $100,000 in reportable compensation. Revenue rose 74% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $118MFor context, the median across 1,001 covered philanthropy, voluntarism & grantmaking charities: $91.65 programs, $6.50 management, $1.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $212M- Contributions & grants (non-government)$73.09 $155M
- Program service revenue$2.16 $4.6M
- Investment income$24.75 $52M
Other revenue was negative: −$91,007. The bar shows the positive sources only.
The 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 98.3% | 90.2% |
| Management & general Part IX 25(C) ÷ 25(A) | 1.2% | 6.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.5% | 1.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.02 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 73.1% | 79.9% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 0.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 2.2% | 0.0% |
| Highest reported compensation Part VII-A, columns D–F | $677,240 | $325,675 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.57% | 1.56% |
| People paid over $100,000 Part VII, line 2 | 6 | 3 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 97.6 | 56.6 |
| Independent voting board members Part VI 1a–1b | 20 of 21 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseSince 1979, the Community Foundation of New Jersey (cfnj) has been a trusted partner in the state working with hundreds of families, businesses, and foundations to turn private resources into charitable funds that benefit causes and communities. From creative projects that tackle critical societal or policy issues to scholarship funds, corporate philanthropy, legacy funds and donor advised funds, the Community Foundation manages nearly every kind of giving vehicle and tailors solutions to meet critical needs. Cfnj made 8,340 individual grants in 2024 totaling $124 million. Cfnj currently…
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| TRUSTEE, PRESIDENT/CEO Director/trustee, officer, 40.00 hrs/week | $610,439 | $0 | $66,801 | $677,240 |
| CHIEF PHILANTHROPIC OFFICER Highest compensated employee, 40.00 hrs/week | $262,131 | $0 | $22,195 | $284,326 |
| EXECUTIVE DIRECTOR Highest compensated employee, 37.50 hrs/week | $172,008 | $0 | $47,299 | $219,307 |
| COO, ASSISTANT SECRETARY Officer, 40.00 hrs/week | $176,421 | $0 | $33,255 | $209,676 |
| OUTGOING CFO, ASSISTANT TREASURER Officer, 40.00 hrs/week | $174,723 | $0 | $23,655 | $198,378 |
| PROGRAM OFFICER, ASSISTANT SECRETARY Officer, 37.50 hrs/week | $90,749 | $0 | $49,652 | $140,401 |
| COMMUNITY MANAGER Highest compensated employee, 40.00 hrs/week | $118,481 | $0 | $9,752 | $128,233 |
| CFO Officer, 40.00 hrs/week | $70,705 | $0 | $5,653 | $76,358 |
6 people received more than $100,000 in reportable compensation from Community Foundation of New Jersey (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.3M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b21 · 20 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 529
- Volunteers Part I, line 620
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| 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 |
Individuals listed as contractors are left out. 4 contractors were paid more than $100,000 in all.
Private foundation grants it received
55 private foundations reported grants to Community Foundation of New Jersey totaling $17M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Community Foundation of New Jersey's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Community Foundation of New Jersey, you can publish a response that is linked from this page.
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Of every $100 Community Foundation of New Jersey spent in 2024, $98.30 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Saint Paul & Minnesota FoundationSt Paul, MN · revenue $211M · programs 88.3% · 2025
- Sanford Health FoundationSioux Falls, SD · revenue $214M · programs 100.0% · 2024
- Community Foundation of Northwest IndianaMunster, IN · revenue $209M · programs 41.3% · FY2025
- GiveClear FoundationCharlotte, NC · revenue $215M · programs 99.8% · 2024
- The Denver FoundationDenver, CO · revenue $208M · programs 91.8% · 2024
All philanthropy, voluntarism & grantmaking charities · Largest charities in New Jersey
Questions people ask
How much of Community Foundation of New Jersey's spending goes to programs?
In calendar year 2024, Community Foundation of New Jersey reported that 98.3% of its $118.2 million in expenses went to program services, 1.2% to management and general and 0.5% to fundraising (Form 990, Part IX).
How much does Community Foundation of New Jersey pay its top executive?
The largest total compensation Community Foundation of New Jersey reported for one person in calendar year 2024 was $677,240, for the role of TRUSTEE, PRESIDENT/CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Community Foundation of New Jersey get its money?
Of $211.9 million in revenue in calendar year 2024, 73.1% came from contributions and grants and 2.2% from program service revenue (Form 990, Part VIII).
Is Community Foundation of New Jersey a registered charity?
The IRS lists EIN 22-2281783 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202543189349311964 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202423209349302727 · read the filing
- 2022: Form 990 for calendar year 2022, object 202302919349301120 · read the filing
- 2021: Form 990 for calendar year 2021, object 202203139349302135 · read the filing
- 2020: Form 990 for calendar year 2020, object 202142999349301249 · read the filing
- 2019: Form 990 for calendar year 2019, object 202033259349300508 · read the filing
All filings for EIN 22-2281783: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.