New Jersey Chamber of Commerce Foundation Inc logo

New Jersey Chamber of Commerce Foundation Inc

Public charity · Grantmaker Trenton, NJ EIN: 22-3490986 Website

The foundation's mission is to support current and future members of the workforce in becoming globally competitive, successful members of society and to fuel New Jersey's economy by sustaining a qualified workforce.

Key facts about New Jersey Chamber of Commerce Foundation Inc

In short: New Jersey Chamber of Commerce Foundation Inc reported $4K in grants paid in 2025 (a total; its filing lists no individual grants). Source: 2025 IRS Form 990.

EIN
22-3490986
Latest 990 filing
Form 990, 2025
Grants paid (2025)
$3,663 — reported as a total on the IRS filing, without an itemized list
Total assets
$958,336

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$958K

-7.4% YoY

Grants Paid (reported total)

$4K

-97.1% YoY

Revenue

$870K

-27.9% YoY

Net Investment Income

$30K

+24.7% YoY

About New Jersey Chamber of Commerce Foundation Inc

Based on IRS filings

New Jersey Chamber of Commerce Foundation Inc is a public charity focused on Community Improvement & Capacity Building, based in Trenton, NJ. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $958K in total assets. In 2025, it reported $4K in grants paid as a total on its IRS filing, without an itemized list. Net investment income was $30K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

States

Cities

NewarkVineland

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K0 grants2019 0 grants2020 0 grants2021 0 grants2022 2 grants2023 2 grants2024 Total only2025

From 2023 to 2025, annual grant giving ranged from $4K (2025) to $128K (2024). In 2025 it reported $4K in grants paid, as a total without an itemized list.

Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

4 grants across all recorded years

2<$50K2$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 2 grants of 4 (50%).

Giving History

Grant recipients and amounts by year

No grants recorded for 2025.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$500K$1M$1.5M2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$958,336$1,034,938$715,842
Revenue$869,642$1,206,981$1,011,722
Expenses$923,999$907,623$716,038
Net Investment Income$29,750$23,865$3,711

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2023 (received by the IRS March 21, 2024)
  2. Updated Form 990 for fiscal year 2024 (received by the IRS March 11, 2025)
  3. Updated Form 990 for fiscal year 2025 (received by the IRS March 17, 2026)
  4. IRS filings on file for fiscal years 2019–2025

Leadership & Key People

Officers and directors from IRS filings

New Jersey Chamber of Commerce Foundation Inc is led by Donna Custard, President on every filing since 2019; none of the 22 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Donna Custard

    President

    On filings since 2019

    40 hrs/week

    No compensation reported

  • Sandra Glover-Strothers

    Executive Director & Jag Nj

    Executive Director & Jnjg → Executive Director & Jag Nj, 2020

    On filings since 2019

    40 hrs/week

    No compensation reported

  • Ali Houshmand

    Chairman

    New on the 2025 filing

    0.5 hrs/week

    No compensation reported

  • Christopher M. Lepre

    Trustee

    On filings since 2019

    0.5 hrs/week

    No compensation reported

  • Dennis M. Toft

    Trustee

    On filings since 2019

    0.5 hrs/week

    No compensation reported

  • Gary C. Dahms

    Trustee

    Second Vice Chair → First Vice Chair, 2021

    First Vice Chair → Trustee, 2023

    On filings since 2019

    0.5 hrs/week

    No compensation reported

  • Gil Medina

    Trustee

    Secretary → Second Vice Chair, 2021

    Second Vice Chair → Trustee, 2023

    On filings since 2019

    0.5 hrs/week

    No compensation reported

  • Steven M. Rose

    Trustee

    Trustee → Chairman, 2023

    Chairman → Trustee, 2025

    On filings since 2019

    0.5 hrs/week

    No compensation reported

  • Ted Zangari Esq.

    Trustee

    On filings since 2019

    0.5 hrs/week

    No compensation reported

  • Walter J. Brasch CPA

    Trustee

    On filings since 2019

    0.5 hrs/week

    No compensation reported

  • William R. Hagaman Jr. CPA

    Trustee

    On filings since 2019

    0.5 hrs/week

    No compensation reported

  • Dennis G. Wilson

    Trustee

    On filings since 2021

    0.5 hrs/week

    No compensation reported

  • Lisa Chowansky

    Trustee

    On filings since 2021

    0.5 hrs/week

    No compensation reported

  • Braxton Plummer

    Trustee

    On filings since 2023

    0.5 hrs/week

    No compensation reported

  • Diane Wasser

    Trustee

    On filings since 2023

    0.5 hrs/week

    No compensation reported

  • Mike Reagan

    Trustee

    On filings since 2023

    0.5 hrs/week

    No compensation reported

  • Samuel L. Donelson

    Trustee

    On filings since 2023

    0.5 hrs/week

    No compensation reported

  • Doug Mokoid

    Trustee

    On filings since 2024

    0.5 hrs/week

    No compensation reported

  • Kim Hanemann

    Trustee

    New on the 2025 filing

    0.5 hrs/week

    No compensation reported

  • Steve Klein

    Trustee

    New on the 2025 filing

    0.5 hrs/week

    No compensation reported

  • Jennifer Stegers

    Accounting Manager

    On filings since 2019

    40 hrs/week

    No compensation reported

  • Thomas Bracken

    Treasurer

    On filings since 2019

    0.5 hrs/week

    No compensation reported

Former officers (9)
  • Former: James V. Fakult (2019–2023) — Trustee
  • Former: Jack Miller (2019–2022) — Trustee
  • Former: Marjorie Perry (2019–2022) — Secretary
  • Former: Mark A. Daniele Esq. (2019–2022) — Trustee
  • Former: Paul Kalamaras (2021–2022) — Trustee
  • Former: Linda Bowden (2019–2021) — Chairwoman
  • Former: Robert H. Doherty (2019–2021) — Trustee
  • Former: Wendy Lazarus (2019–2021) — Trustee
  • Former: Amy Mansue Former (2019) — Trustee

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about New Jersey Chamber of Commerce Foundation Inc

How much does New Jersey Chamber of Commerce Foundation Inc give each year?

New Jersey Chamber of Commerce Foundation Inc reported $4K in grants paid in 2025 on its 2025 IRS Form 990, as a total without an itemized list of grants. In 2024 it gave $128K across 2 grants.

How large is New Jersey Chamber of Commerce Foundation Inc?

New Jersey Chamber of Commerce Foundation Inc reported $958K in total assets on its 2025 IRS Form 990. Its revenue that year was $870K.

What is New Jersey Chamber of Commerce Foundation Inc?

New Jersey Chamber of Commerce Foundation Inc is a public charity focused on Community Improvement & Capacity Building, based in Trenton, NJ. It holds $958K in total assets as of 2025.

Where does New Jersey Chamber of Commerce Foundation Inc operate?

New Jersey Chamber of Commerce Foundation Inc has awarded grants in New Jersey.

What is New Jersey Chamber of Commerce Foundation Inc's EIN?

New Jersey Chamber of Commerce Foundation Inc's EIN (Employer Identification Number) is 22-3490986. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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