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Fund for New Jersey

Foundation · Grantmaker Princeton, NJ EIN: 22-1895028 Website

The Fund for New Jersey is based in Princeton, New Jersey, and supports organizations working to improve public policy decision-making on significant issues affecting New Jersey and the region. Its grantmaking emphasizes long-term policy impacts and strengthens nonprofit organizations whose research, analysis, advocacy, and grassroots engagement help shape policy discussions and build support for policy solutions.

Key facts about Fund for New Jersey

In short: Fund for New Jersey gave $3.3M across 55 grants in 2024 (avg $60K), mostly in New Jersey. 27% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.

EIN
22-1895028
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$3,276,111
Grants made (2024)
55
Average grant
$59,566
Median grant
$50,000
New grantees (estimate)
27% first-time grantees (14 of 51, 2024)
Total assets
$59,801,819
Primary geography
New Jersey (89% of itemized 2024 grant dollars)
Accepts unsolicited proposals
No

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

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.

Is Fund for New Jersey open to new grantees?

27%

first-time grantees, 2024

In 2024, 14 of 51 grantees (27%) were first-time recipients. First grants averaged $54K; repeat grants $68K. How we count

Medians: $25K first-time, $75K repeat.

  • 73% of 2024 grantees were also funded in 2023. Method
  • Giving held roughly steady from 2021 to 2024 (−11%). Method
  • In 2024 it paid out 147% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

The Fund says that improving quality of life requires addressing injustice and inequity. Its stated areas of work include civil rights, education, and the environment; its website also describes equity as a focus. Its grants support policy advocacy and related work on issues including housing, immigration, democracy, education, environmental protection, and economic and racial justice.

Examples illustrate the work of organizations it supports: New Jersey Policy Perspective describes itself as a nonpartisan think tank advancing economic, social, and racial justice through research, analysis, and strategic communications. Education Law Center describes its work as advocacy to secure children’s legal rights to quality public education. Fair Share Housing Center says it works to end discriminatory or exclusionary housing patterns. Eastern Environmental Law Center describes its work as providing legal assistance to nonprofits addressing environmental problems in New Jersey and the tri-state region.

Grantmaking

In 2024, the Fund reported 55 grants totaling $3,276,111. Grant amounts ranged from $1,111 to $175,000, with a median of $50,000. Among the largest awards were $175,000 to Eastern Environmental Law Center; $125,000 each to the Housing and Community Development Network of New Jersey, the NJ Alliance for Immigrant Justice, New Jersey Institute for Social Justice, and New Jersey Policy Perspective; and $100,000 each to ACLU of NJ Foundation, American Friends Service Committee, Education Law Center, Fair Share Housing Center, Latino Action Network Foundation, League of Women Voters of New Jersey Education Fund, and Make the Road States.

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Geographic Focus

Where this funder awards grants

The Fund describes its work as focused on New Jersey and the region. In 2024, 89% of grant dollars went to recipients in New Jersey, 7% to New York, 2% to Maryland, and 2% to Pennsylvania.

Grant Distribution by State

7states

Share of all 55 itemized 2024 grant dollars.

Cities

NewarkTrentonNew BrunswickNew YorkFreeholdMorristownCamdenCherry HillBrooklynHazletMadisonPhiladelphiaBaltimoreBoontonFar HillsMorris TownshipPatersonWoodburySouthamptonWoodside

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$6M91 grants202062 grants202162 grants202261 grants202355 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Eastern Environmental Law Center: $175KEastern Environmental LawCenter$175KAclu of NJ Foundation: $170K across 2 grantsAclu of NJ Foundation$170K · 2 grantsHousing and Community Development Network of New Jersey: $125KHousing and CommunityDevelopment Network of New…$125KNeo- Philanthropy-NJ Alliance for Immigrant Justice: $125KNeo- Philanthropy-NJ Alliancefor Immigrant Justice$125KNew Jersey Institute for Social Justice: $125KNew Jersey Institute forSocial Justice$125KNew Jersey Policy Perspective: $125KNew Jersey Policy Perspective$125KMake the Road States: $115K across 2 grantsMake the Road States$115K · 2 grantsAmerican Friends Service Committee: $100KAmerican Friends ServiceCommittee$100KEducation Law Center: $100KEducation Law Center$100KFair Share Housing Center: $100KFair Share Housing Center$100K

Grant Size Distribution

331 grants across all recorded years

144<$50K108$50–100K76$100–250K3$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
EASTERN ENVIRONMENTAL LAW CENTER Newark, NJTO PROVIDE HIGH-QUALITY LEGAL ASSISTANCE FOR CLEAN ENERGY, CLIMATE CHANGE, AND ENVIRONMENTAL JUSTICE.$175,000
HOUSING AND COMMUNITY DEVELOPMENT NETWORK OF NEW JERSEY Trenton, NJTO ADVANCE POLICIES THAT EXPAND THE AFFORDABILITY AND ACCESSIBILITY OF HOUSING.$125,000
NEO- PHILANTHROPY-NJ ALLIANCE FOR IMMIGRANT JUSTICE Newark, NJTO EDUCATE, ORGANIZE, AND MOBILIZE IMMIGRANT COMMUNITIES TO ADVANCE FAIR AND HUMANE IMMIGRANT POLICIES.$125,000
NEW JERSEY INSTITUTE FOR SOCIAL JUSTICE Newark, NJTO ADVANCE RACIAL AND ECONOMIC JUSTICE IN NEW JERSEYS URBAN COMMUNITIES AND TO EXPAND AND PROTECT DEMOCRACY.$125,000
NEW JERSEY POLICY PERSPECTIVE Trenton, NJTO PROMOTE A MORE TRANSPARENT STATE BUDGET PROCESS THAT PRIORITIZES THE NEEDS OF NEW JERSEY RESIDENTS.$125,000
ACLU OF NJ FOUNDATION Newark, NJTO REDUCE INCARCERATION AND TO DEFEND DEMOCRACY, HOUSING EQUITY, WORKERS' RIGHTS, AND OTHER POLICY INITIATIVES.$100,000
AMERICAN FRIENDS SERVICE COMMITTEE Newark, NJTO EDUCATE, ORGANIZE, AND MOBILIZE IMMIGRANT COMMUNITIES TO ADVANCE FAIR AND HUMANE IMMIGRANT POLICIES.$100,000
EDUCATION LAW CENTER Newark, NJTO ADVANCE WELL-FUNDED, EQUITABLE PUBLIC EDUCATION IN NEW JERSEY$100,000
FAIR SHARE HOUSING CENTER Cherry Hill, NJTO DEFEND NEW JERSEY RESIDENTS RIGHT TO EQUITABLE AND AFFORDABLE HOUSING.$100,000
LATINO ACTION NETWORK FOUNDATION Freehold, NJTO ADVANCE THE RIGHTS, INTERESTS, AND INFLUENCE OF NEW JERSEYS LATINO RESIDENTS THROUGH GRASSROOTS ORGANIZING AND POLICY ADVOCACY$100,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants reported
2024 $59,801,819 $2,393,857 $3,935,324 $3,276,111 (55 grants)
2023 $57,859,965 $2,114,474 $6,796,294 $5,584,068 (61 grants)
2022 $57,790,093 $4,811,812 $5,638,697 $3,356,375 (62 grants)

The listed filing type is 990T.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$6M$8M20202021202220232024
Metric202420232022
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

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Brandon McKoy as president; Richard W. Roper as chair; Feather Houstoun as vice chair; Dr. John W. Cornwall as treasurer; and Dr. Henry A. Coleman, Hon. Jon Corzine, Michellene Davis, John Farmer, Anjum Gupta, and Sadaf Jaffer as trustees.

Fund for New Jersey is led by Brandon McKoy, President on the 2024 filing; 1 of 17 officers listed in 2024 is compensated.

Officers on the 2024 filing

  • Brandon McKoy

    President

    New on the 2024 filing

    40 hrs/week

    $255K (2024)

  • Richard W. Roper

    Chair

    Trustee → Chair, 2021

    On filings since 2020

    1 hr/week

    No compensation reported

  • Amy Mansue

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Henry A. Coleman

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • John Farmer

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Jon Corzine

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Lawrence S. Lustberg

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Michellene Davis

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Richard L. Wright

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Jennifer Velez

    Trustee

    On filings since 2022

    1 hr/week

    No compensation reported

  • Christopher Van Buren

    Trustee

    On filings since 2023

    1 hr/week

    No compensation reported

  • Alexander Shalom

    Trustee

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Anastasia Mann

    Trustee

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Anjum Gupta

    Trustee

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Sadaf Jaffer

    Trustee

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Feather Houstoun

    Vice Chair

    Trustee → Vice Chair, 2024

    On filings since 2020

    1 hr/week

    No compensation reported

  • John W. Cornwall

    Treasurer

    Trustee → Treasurer, 2021

    On filings since 2020

    1 hr/week

    No compensation reported

Former officers (8)
  • Former: Beth K. Jamieson (2020–2023) — President
  • Former: Edward Lloyd (2020–2023) — Trustee
  • Former: Grizel Ubarry (2020–2023) — Vice Chair
  • Former: Deborah T. Poritz (2020–2022) — Trustee
  • Former: James Florio (2020–2022) — Trustee
  • Former: Lisa Garcia (2021) — Trustee
  • Former: Brendan T. Byrne Jr. (2020) — Treasurer
  • Former: Candace M. Ashmun (2020) — Vice Chair

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Brandon McKoy — President: $255KBrandon McKoyPresident$255K

Contact

Mailing address: One Palmer Square East 303, Princeton, NJ 08542
Phone: (609) 356-0421
Website: https://fundfornj.org

Frequently asked questions about Fund for New Jersey

How much does Fund for New Jersey give each year?

Fund for New Jersey gave $3.3M across 55 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $5.6M across 61 grants.

What is Fund for New Jersey's typical grant size?

Fund for New Jersey's median grant in 2024 was $50,000, and its average grant was $59,566, across 55 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Fund for New Jersey that year got $54K on average.

Where does Fund for New Jersey give grants?

Fund for New Jersey gives mostly in New Jersey: 89% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was New York (7%). The most frequent recipient cities were Newark, NJ (15 grants), Trenton, NJ (9 grants), New Brunswick, NJ (7 grants) and Freehold, NJ (2 grants).

Does Fund for New Jersey give general operating support?

Not in 2024: none of the 55 grants with a stated purpose on Fund for New Jersey's 2024 IRS Form 990-PF were described as general or operating support.

Who are Fund for New Jersey's largest grantees?

Fund for New Jersey's largest 2024 grantees include Eastern Environmental Law Center ($175,000), Aclu of NJ Foundation ($170,000 across 2 grants) and Housing and Community Development Network of New Jersey ($125,000), according to its 2024 IRS Form 990-PF. Together they received 14% of its itemized 2024 grant dollars.

How large is Fund for New Jersey?

Fund for New Jersey reported $59.8M in total assets on its 2024 IRS Form 990-PF. It paid out $4.3M in qualifying distributions that year, against a required minimum of $2.9M (roughly 5% of its investment assets).

What does Fund for New Jersey fund?

The Fund says that improving quality of life requires addressing injustice and inequity. Its stated areas of work include civil rights, education, and the environment; its website also describes equity as a focus. Its grants support policy advocacy and related work on issues including housing, immigration, democracy, education, environmental protection, and economic and racial justice. Examples illustrate the work of organizations it supports: New Jersey Policy Perspective describes itself as a…

How do I apply for a grant from Fund for New Jersey?

In 2024, the Fund reported 55 grants totaling $3,276,111. Grant amounts ranged from $1,111 to $175,000, with a median of $50,000. Among the largest awards were $175,000 to Eastern Environmental Law Center; $125,000 each to the Housing and Community Development Network of New Jersey, the NJ Alliance for Immigrant Justice, New Jersey Institute for Social Justice, and New Jersey Policy Perspective; and $100,000 each to ACLU of NJ Foundation, American Friends Service Committee, Education Law Center…

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.

Does Fund for New Jersey accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

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