Fund for New Jersey
The Fund for New Jersey is an independent foundation based in Princeton, New Jersey, working to improve the quality of public policy decision-making on the most significant issues affecting the people of New Jersey and the region. Incorporated in 1969 as the successor to The Florence Murray Wallace Fund (established in 1958), the organization operates as a 501(c)(3) nonprofit with a focus on systemic and sustainable solutions to public problems.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$59.8M
+3.4% YoY
Annual Giving
$3.3M
-41.3% YoY
Grant Count
55
-9.8% YoY
Avg Grant Size
$60K
-34.9% YoY
Under IRS private-foundation payout rules, Fund for New Jersey reported a distributable amount of $2.9M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The Fund for New Jersey works to advance systemic and sustainable solutions to public problems through the work of policy, advocacy, analysis, and organizing. The organization focuses on improving public policy decision-making on significant issues affecting New Jersey and the region.
Recent grantmaking has supported organizations working in the following areas:
- Immigration
- Housing
- Education
- Public media
Grantmaking
The Fund currently awards grants by invitation only. Letter of Inquiry submissions from unsolicited applicants are currently suspended. Prospective applicants should check the Fund's website for updates on application availability.
Grant Range
** $25,000 – $250,000
Review Cycle
(approximately 4 months)
How to Apply
**
Ready to take the next step with Fund for New Jersey?
Geographic Focus
Where this funder awards grants
New Jersey statewide
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Total Assets: $57.9 million – $59.8 million (as of 2023)
Annual Revenue: $5.4 million
Annual Grantmaking: $4.3 million
Total Liabilities: $1.4 million (2023)
2023 Financial Summary:
- Revenue: $2,114,474
- Expenses: $6.8 million
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $59,801,819 | $57,859,965 | $57,790,093 |
| Revenue | $2,393,857 | $2,114,474 | $4,811,812 |
| Expenses | $3,935,324 | $6,796,294 | $5,638,697 |
| Qualifying Distributions | $4,305,279 | $6,450,583 | $5,004,345 |
| Net Investment Income | $1,953,219 | $1,767,761 | $2,838,822 |
| Distributable Amount | $2,922,637 | $2,821,810 | $2,917,010 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Eastern Environmental Law Center ($175,000), Housing and Community Development Network of New Jersey ($125,000), Neo- Philanthropy-nj Alliance for Immigrant Justice ($125,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AAPI MONTCLAIR NEWARK, NJ | TO BUILD A NETWORK OF AAPI ORGANIZATIONS IN NEW JERSEY. | $50,000 |
| ACLU OF NJ FOUNDATION NEWARK, NJ | TO DISMANTLE STRUCTURAL RACISM IN NEW JERSEY, THROUGH POLICY ADVOCACY, POLITICAL EDUCATION, ORGANIZING, AND COALITION BUILDING, AMONG OTHER STRATEGIES. | $70,000 |
| ACLU OF NJ FOUNDATION NEWARK, NJ | TO REDUCE INCARCERATION AND TO DEFEND DEMOCRACY, HOUSING EQUITY, WORKERS' RIGHTS, AND OTHER POLICY INITIATIVES. | $100,000 |
| ADHIKAAR WOODSIDE, NY | TO EDUCATE AND INFORM NEW JERSEYS DOMESTIC WORKERS OF THEIR RIGHTS AND PROTECTIONS. | $20,000 |
| ADVOCATES FOR CHILDREN OF NEW JERSEY NEWARK, NJ | TO ADVANCE STATE AND FEDERAL POLICIES THAT SUPPORT LOW-INCOME CHILDREN AND FAMILIES AND IMPROVE THE QUALITY OF LIFE FOR CHILDREN LIVING IN DISADVANTAGED COMMUNITIES. | $75,000 |
| AMERICAN FRIENDS SERVICE COMMITTEE NEWARK, NJ | TO EDUCATE, ORGANIZE, AND MOBILIZE IMMIGRANT COMMUNITIES TO ADVANCE FAIR AND HUMANE IMMIGRANT POLICIES. | $100,000 |
| ASSOCIATION OF NEW JERSEY ENVIRONMENTAL COMMISSIONS MORRIS TOWNSHIP, NJ | TO MOBILIZE ENVIRONMENTAL COMMISSIONS TO ADVANCE STATE AND LOCAL POLICIES THAT IMPROVE WATER QUALITY AND COMBAT CLIMATE CHANGE. | $25,000 |
| CASA FREEHOLD FREEHOLD, NJ | TO EDUCATE AND INFORM NEW JERSEYS DOMESTIC WORKERS OF THEIR RIGHTS AND PROTECTIONS. | $20,000 |
| CENTER FOR NON-PROFITS HAMILTON TOWNSHIP, NJ | TO ADVOCATE FOR A MORE ROBUST, WELL-RESOURCED, AND EFFECTIVE NON-PROFIT SECTOR IN NEW JERSEY. | $25,000 |
| EAST TRENTON COLLABORATIVE TRENTON, NJ | TO ELIMINATE CHILDHOOD LEAD POISONING IN NEW JERSEY VIA THE LEAD-FREE NEW JERSEY COLLABORATIVE, CENTERING THE PERSPECTIVES OF THOSE MOST IMPACTED BY LEAD HAZARDS. | $30,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Brandon McKoy – President
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BRANDON MCKOY | PRESIDENT | 40 | $255,000 |
| RICHARD W ROPER | CHAIR | 1 | — |
| FEATHER HOUSTOUN | VICE CHAIR | 1 | — |
| DR JOHN W CORNWALL | TREASURER | 1 | — |
| DR HENRY A COLEMAN | TRUSTEE | 1 | — |
| HON JON CORZINE | TRUSTEE | 1 | — |
| MICHELLENE DAVIS | TRUSTEE | 1 | — |
| JOHN FARMER | TRUSTEE | 1 | — |
| ANJUM GUPTA | TRUSTEE | 1 | — |
| SADAF JAFFER | TRUSTEE | 1 | — |
| LAWRENCE S LUSTBERG | TRUSTEE | 1 | — |
| ANASTASIA MANN | TRUSTEE | 1 | — |
| AMY MANSUE | TRUSTEE | 1 | — |
| ALEXANDER SHALOM | TRUSTEE | 1 | — |
| CHRISTOPHER VAN BUREN | TRUSTEE | 1 | — |
| JENNIFER VELEZ | TRUSTEE | 1 | — |
| RICHARD L WRIGHT | TRUSTEE | 1 | — |
Recent News & Activity
Recent developments and announcements
In March 2024, the Fund announced grants totaling $905,000 to eleven nonprofits. The grants supported organizations working in immigration, housing, education, and public media.
Fund for New Jersey announces grants to 11 nonprofitsIn December 2024, the Fund published "Crossroads NJ 2025," a comprehensive policy report highlighting urgent priorities for New Jersey's future.
Contact Information
Address: One Palmer Square East, Suite 303, Princeton, NJ 08542
Phone: (609) 356-0421
Email: Info@fundfornj.org
Website: www.fundfornj.org
Frequently Asked Questions
What does Fund for New Jersey fund?
The Fund for New Jersey works to advance systemic and sustainable solutions to public problems through the work of policy, advocacy, analysis, and organizing. The organization focuses on improving public policy decision-making on significant issues affecting New Jersey and the region. Recent grantmaking has supported organizations working in the following areas: • Immigration • Housing • Education • Public media
How do I apply for a grant from Fund for New Jersey?
**Grant Range:** $25,000 – $250,000 **Typical Grant:** $75,000 – $125,000 **Annual Giving:** $4.3 million **Multi-Year Grants:** Yes (3-year commitments available) **Decision Timeline:** Quarterly review cycle (approximately 4 months) **Eligibility Requirements:** • Grants are made only to organizations with designated 501(c)(3) tax-exempt status under the Internal Revenue Code • The Fund does not support activities of individuals • The Fund does not support capital projects • The Fund rarely p…
Where does Fund for New Jersey make grants?
New Jersey statewide
What size grants does Fund for New Jersey award?
In 2024, Fund for New Jersey awarded 55 grants totaling $3.3M — an average of about $60K per grant, based on its IRS Form 990 filings.
How much is Fund for New Jersey required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Fund for New Jersey reported a distributable amount of $2.9M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Fund for New Jersey's EIN?
Fund for New Jersey's EIN (Employer Identification Number) is 22-1895028. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Fund for New Jersey's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Laborers Intl Union of 472 Hcl
NEWARK, NJ
Assets
$61.5M
Grants
1
Total Given
$179K
The Community Chest of Englewood
ENGLEWOOD, NJ
Assets
$491K
Grants
5
Total Given
$38K
Margaret a Darrin Charitable Trust
FLORHAM PARK, NJ
Assets
$111.3M
Grants
61
Total Given
$6.9M
Anplr Religious Education Inc
PASSAIC, NJ
Assets
$19K
Grants
0
Total Given
—
The William & Phyllis Mack Family
FORT LEE, NJ
Assets
$5.9M
Grants
53
Total Given
$3.2M
New Digital Trade Coalition Ndtc
NORTH BERGEN, NJ
Assets
$300
Grants
0
Total Given
—
Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Fund for New Jersey on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching Fund for New Jersey to a real strategy.