COUNCIL OF NEW JERSEY GRANTMAKERS INC

EIN: 223470235 501(c)(3) Philanthropy & Grantmaking

EWING, NJ

Total Revenue
$1,084,193
Total Expenses
$900,300
Total Assets
$1,738,830
Net Assets
$1,558,075
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
NJ
Principal Officer
THERESA JACKS
Phone
6094147110
Tax Period
2023-01-01 to 2023-12-31

COUNCIL OF NEW JERSEY GRANTMAKERS INC, founded in 1996, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.1M in total revenue in fiscal year 2023. The organization ran a surplus of $184K, a strong 17% operating margin.

Mission

THE COUNCIL OF NEW JERSEY GRANTMAKERS' MISSION IS TO SUPPORT AND ELEVATE NEW JERSEY'S PHILANTHROPIC COMMUNITY THROUGH SHARED LEARNING, COLLABORATIVE AND TRUSTING RELATIONSHIPS, NETWORKING BUILDING AND LEADERSHIP. CNJG WORKS TO STRENGTHEN AND PROMOTE EFFECTIVE PHILANTHROPY THROUGHOUT THE STATE OF NEW JERSEY. TO ASSIST GRANTMAKERS IN THEIR WORK, CNJG PROGRAMS AND SERVICES PROVIDE MEMBERS WITH VALUABLE RESOURCES, NETWORKING AND CONNECTION, EDUCATIONAL PROGRAMS, COLLABORATIVE OPPORTUNITIES, AND LINKS TO A NATIONAL NETWORK OF ORGANIZED PHILANTHROPY. CNJG ENHANCES THE EFFECTIVENESS OF THE STATE'S PHILANTHROPIC SECTOR BY STRENGTHENING THEIR CAPACITY AND INFORMING THEIR DECISION-MAKING TO ADDRESS NJ'S MOST DIFFICULT PROBLEMS.

Program Service Accomplishments

Program 1
Expenses: $595,202 Revenue: $70,619

PROGRAMMING AND SERVICESTHROUGHOUT THE YEAR, CNJG PROGRAMS BRING TOGETHER ALL TYPES AND SIZES OF GRANTMAKERS WITH LEADERS FROM GOVERNMENT, BUSINESS, ACADEMIA, AND NEW JERSEY'S NONPROFIT COMMUNITY. IN...

Read more

PROGRAMMING AND SERVICESTHROUGHOUT THE YEAR, CNJG PROGRAMS BRING TOGETHER ALL TYPES AND SIZES OF GRANTMAKERS WITH LEADERS FROM GOVERNMENT, BUSINESS, ACADEMIA, AND NEW JERSEY'S NONPROFIT COMMUNITY. IN 2023, WE PROVIDED OVER 70 PROGRAMS, INCLUDING FUNDER BRIEFINGS, NEWARK-FOCUSED BRIEFINGS, AFFINITY GROUP MEETINGS, PARTNER PROGRAMS, AND SKILL-BUILDING WEBINARS. CNJG FUNDER BRIEFINGS PROVIDE A FORUM TO EXCHANGE KNOWLEDGE AND INSIGHTS RELATED TO PRESSING SOCIETAL ISSUES THAT AFFECT OUR COMMUNITIES. SKILL-BUILDING WORKSHOPS ARE AN INTEGRAL PART OF THE COUNCIL'S EDUCATIONAL PROGRAMMING FOR MEMBERS. THESE WORKSHOPS OFFER A RANGE OF TOPICS TO DEVELOP NEW SKILLS AND ACQUIRE KNOWLEDGE TO ADVANCE AND INFORM MEMBERS' GRANTMAKING. AFFINITY GROUPS PROVIDE A VALUED FORUM THROUGH WHICH NEW JERSEY GRANTMAKERS CAN CONNECT, EXCHANGE INFORMATION, AND LEARN FROM EXPERTS IN A WIDE RANGE OF FIELDS AND SECTORS. WE PARTNER WITH UNITED PHILANTHROPY FORUM, THE NEW JERSEY CENTER FOR NONPROFITS, AS WELL AS OTHER REGIONAL AND NATIONAL PHILANTHROPY-SERVING ORGANIZATIONS AND NONPROFIT ORGANIZATIONS, THROUGHOUT THE YEAR TO PROVIDE SPECIAL BRIEFINGS AND KNOWLEDGE-BUILDING PROGRAMS FOR MEMBERS.OTHER PROGRAMS AND SERVICES INCLUDE MEMBER RESEARCH AND QUERIES, SPECIAL REPORTS SUCH AS THE NEW JERSEY PHILANTHROPY BENEFITS & SALARY SUMMARY REPORT, NEWSLETTERS, AND COMMUNICATIONS TO KEEP MEMBERS INFORMED, LISTSERVS, FOUNDATIONS ON THE HILL, SYSTEMS CHANGE WORK SUCH AS DOING GOOD BETTER, AND THE NEWARK PHILANTHROPIC LIAISON INITIATIVE. THE OFFICE OF THE NEWARK PHILANTHROPIC LIAISON IS AN INNOVATIVE COLLABORATION BETWEEN THE CITY OF NEWARK AND CNJG AND REPRESENTS ONE OF THE NATION'S FIRST FORMAL PARTNERSHIPS BETWEEN A CITY AND THE PHILANTHROPIC COMMUNITY. THE NON-PARTISAN LIAISON POSITION SERVES AS A BRIDGE BETWEEN NEWARK FUNDERS, MEMBERS OF THE COUNCIL AND NEWARK'S ADMINISTRATION. THE LIAISON'S OVERALL PRIMARY GOALS ARE TO CONVENE, CONNECT, LEVERAGE, AND RAISE RESOURCES THROUGH PARTNERSHIPS BETWEEN NEW JERSEY'S PHILANTHROPIC COMMUNITY AND THE MAYOR'S OFFICE.

Program 2
Expenses: $56,341 Revenue: $53,864

SIGNATURE EVENTSIN 2023, WE PLANNED AND OFFERED TWO SIGNATURE EVENTS, INCLUDING THE SPRING CONFERENCE AND THE CNJG ANNUAL MEETING & HOLIDAY GATHERING. THE CONFERENCE, DOING GOOD BETTER, WELCOMED OVER...

Read more

SIGNATURE EVENTSIN 2023, WE PLANNED AND OFFERED TWO SIGNATURE EVENTS, INCLUDING THE SPRING CONFERENCE AND THE CNJG ANNUAL MEETING & HOLIDAY GATHERING. THE CONFERENCE, DOING GOOD BETTER, WELCOMED OVER 200 NEW JERSEY FOUNDATION AND NONPROFIT LEADERS FOR A FULL DAY OF LEARNING, NETWORKING, AND CONNECTION. THE OPENING AND LUNCH PLENARIES, AS WELL AS THE CONCURRENT SESSIONS, EXPLORED TRUST-BASED PHILANTHROPY, PARTICIPATORY GRANTMAKING, AND HOW FUNDERS CAN MOVE FORWARD AND CENTER EQUITABLE PRACTICES IN THEIR GRANTMAKING. THE ANNUAL MEETING & HOLIDAY GATHERING - PHILANTHROPIC COLLABORATIVES: DRIVING IMPACT AND OPPORTUNITY, WELCOMED OVER 130 MEMBERS TO EXAMINE THE MANY NUANCES AND OPPORTUNITIES FOR COLLABORATIONS ACCROSS THE SECTOR. THE ACCOMPANYING WORKSHOP, TOOLS FOR FUNDER COLLABORATION, PROVIDED A CONCRETE GROUNDING OF THE MANY DIFFERENT TYPES OF FUNDER COLLABORATIONS, AS WELL AS PRACTICAL CONSIDERATIONS FOR IMPLEMENTATION.

Program 3
Expenses: $14,750 Revenue: $0

DOING GOOD BETTER INITIATIVE IN PARTNERSHIP WITH THE NEW JERSEY CENTER FOR NONPROFITS, THE NONPROFIT ORGANIZATION SERVING NEW JERSEY'S CHARITABLE SECTOR, WE ARE WORKING TO REIMAGINE HOW OUR STATE'S...

Read more

DOING GOOD BETTER INITIATIVE IN PARTNERSHIP WITH THE NEW JERSEY CENTER FOR NONPROFITS, THE NONPROFIT ORGANIZATION SERVING NEW JERSEY'S CHARITABLE SECTOR, WE ARE WORKING TO REIMAGINE HOW OUR STATE'S NONPROFITS AND PHILANTHROPY CAN BETTER AND MORE DELIBERATELY WORK TOGETHER. THIS INITIATIVE BUILDS ON OUR COVID RESPONSE EFFORTS, AND THE WORK OF CNJG'S RACIAL EQUITY TASK FORCE, AND IS INFUSED THROUGHOUT OUR STRATEGIC PLAN. WHILE CNJG TOOK A LEADING ROLE CONVENING FUNDERS IN THEIR RESPONSE TO COVID, THE PANDEMIC SHOWED THE LIMITATIONS OF EXISTING PHILANTHROPIC STRUCTURES AND PRACTICES. AS A RESULT, GRANTMAKERS RECOGNIZED THAT ORGANIZED PHILANTHROPY MUST ADAPT, CHANGE, AND REALIGN ITSELF TO MEET THE CHALLENGES OF TODAY, AND FIND REAL SOLUTIONS THAT CAN PAVE THE WAY TO EQUITABLE COMMUNITIES. TOGETHER WITH OUR PARTNERS, WE'RE CREATING A FRAMEWORK FOR A FULL AND CANDID CONVERSATION BETWEEN OUR STATE'S PHILANTHROPIC AND NONPROFIT SECTORS TO EXAMINE TRADITIONAL GRANTMAKING PRACTICES AND DETERMINE HOW WE MIGHT EMPLOY NEW BEST PRACTICES RESULTING IN RESILIENT AND EQUITABLE COMMUNITIES FOR ALL NEW JERSEYANS. COVID MADE CLEAR IT'S NECESSARY FOR PHILANTHROPY TO WORK DIFFERENTLY. AS A RESULT, DURING THE PANDEMIC, FOUNDATIONS STEPPED UP TO PROVIDE MORE FLEXIBLE FUNDING, LOOSEN RESTRICTIONS ON GRANTS, AND UNBURDEN NONPROFIT PARTNERS SO THEY COULD SPEND THEIR TIME AND ENERGY RESPONDING TO THE COVID-19 CRISIS. THE DOING GOOD BETTER TENT IS COMMITTED TO MOVING FORWARD TRUST-BASED PHILANTHROPY PRINCIPLES, PARTICIPATORY GRANTMAKING PRACTICES, AND SOLUTIONS TO ADVANCE EQUITY; RIGHTSIZING UNEVEN POWER DYNAMICS BETWEEN NONPROFITS AND FOUNDATIONS; AND STREAMLINING GRANT PROCESSES AND REPORTING REQUIREMENTS. THIS WILL BE A MULTI-YEAR, SIGNATURE PROJECT.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $940,142
Program Service Revenue $124,483
Investment Income $19,568
Other Revenue $0
TOTAL REVENUE $1,084,193

Expense Breakdown

Grants Paid $0
Salaries & Benefits $585,059
Fundraising Expenses $58,231
Program Expenses $666,293
Other Expenses $315,241
TOTAL EXPENSES $900,300

Year-over-Year Comparison

2023 2022 Change
Revenue $1,084,193 $1,099,286 0.0%
Expenses $900,300 $873,262 +0.0%
Net Income $183,893 $226,024 -0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
21
Independent Members
21
Employees
5
Volunteers
75

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$186,459
Total Directors
21
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEFFREY VEGA CHAIR 5.00
Officer Director
$0 $0 $0
CRAIG DRINKARD 1ST VICE CHAIR 5.00
Officer Director
$0 $0 $0
CHRISTINE HEALEY 2ND VICE CHAIR 1.00
Officer Director
$0 $0 $0
CATHERINE WILSON TREASURER 5.00
Officer Director
$0 $0 $0
MAISHA SIMMONS SECRETARY 2.00
Officer Director
$0 $0 $0
KATE BARRETT TRUSTEE 1.00
Director
$0 $0 $0
KORTNEY SWANSON DAVIS TRUSTEE 1.00
Director
$0 $0 $0
RENE DEIDA TRUSTEE 1.00
Director
$0 $0 $0
ANDY FRAIZER TRUSTEE 1.00
Director
$0 $0 $0
MARCY FELSENFELD TRUSTEE 1.00
Director
$0 $0 $0
JEREMY GRUNIN TRUSTEE 1.00
Director
$0 $0 $0
PATRICIA HARTPENCE TRUSTEE 1.00
Director
$0 $0 $0
JUSTIN KICZEK TRUSTEE 1.00
Director
$0 $0 $0
MARGARETHE LAURENZI TRUSTEE 1.00
Director
$0 $0 $0
MELISSA LITWIN TRUSTEE 1.00
Director
$0 $0 $0
PRITI MEHTA TRUSTEE 1.00
Director
$0 $0 $0
MARIANNA SCHAFFER TRUSTEE 1.00
Director
$0 $0 $0
MARIA SPINA TRUSTEE 1.00
Director
$0 $0 $0
PAUL STIERHOFF TRUSTEE 1.00
Director
$0 $0 $0
LUCY VANDENBERG TRUSTEE 1.00
Director
$0 $0 $0
ATIYA WEISS TRUSTEE 1.00
Director
$0 $0 $0
THERESA JACKS PRESIDENT AND CEO 40.00
Officer
$154,036 $32,423 $186,459
KEVIN CALLAGHAN NEWARK PHILANTHROPIC LIAIS 40.00
Highest
$113,604 $23,515 $137,119
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 No data No data No data No data
2023 $1,084,193 $900,300 $1,738,830 $183,893
2022 $1,099,286 $873,262 $1,605,840 $226,024
2021 $1,265,126 $931,056 $1,390,083 $334,070
2020 $1,122,528 $946,726 $1,186,761 $175,802
2019 $889,327 $890,172 $843,195 $-845
2018 $875,340 $981,069 $783,046 $-105,729
Explore More Nonprofits
Top 100 Nonprofits in New Jersey Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare COUNCIL OF NEW JERSEY GRANTMAKERS INC with other nonprofits in New Jersey and across the country.