Womens Foundation Of New Jersey A Nj Nonprofit Corporation
- Assets
- $844.7k
- Revenue
- $68.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Englewood Cliffs, NJ
- Founding
- 06/2002
- Data as of
- 12/2023
- EIN
- 35-2165636
Organization Overview
Womens Foundation Of New Jersey A Nj Nonprofit Corporation is located in Englewood Cliffs, NJ. The organization was established in 2002. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Womens Foundation Of New Jersey A NJ Nonprofit Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Womens Foundation Of New Jersey A NJ Nonprofit Corporation generated $68.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (14.9%) each year. All expenses for the organization totaled $161.6k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (6.0%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Womens Foundation Of New Jersey A NJ Nonprofit Corporation has awarded 31 individual grants totaling $787,625. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE WOMEN'S FOUNDATION OF NEW JERSEY IS A CHARITABLE ORGANIZATION THAT FOSTERS PHILANTHROPIC RESPONSES TO THE NEEDS OF OUR NEW JERSEY COMMUNITY. WE DO THIS THROUGH RESEARCH, PROGRAMS, ADVOCACY AND GRANTMAKING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WOMEN UNITED IN PHILANTHROPY: IN 2021 THE FOUNDATION BECAME THE FISCAL AGENT FOR THIS WOMEN'S GIVING CIRCLE. BETWEEN 2021 & 2022 WE ACCEPTED A TOTAL OF $250,000 OF TRANSFERRED CASH ASSETS FROM THE PREVIOUS AGENT, BERGEN COUNTY'S UNITED WAY. DURING 2023 WE AWARDED GRANTS TO THE FOLLOWING AGENCIES THAT SUPPORT WOMEN AND CHILDREN IN CRISIS: THE FOOD BRIGADE, CENTER FOR HOPE AND SAFETY, GERIATRIC SERVICES INC., AND THE WOMEN'S RIGHTS INFORMATION CENTER.
ACTION AGAINST HUNGER: THIS PROGRAM DELIVERED APPROXIMATELY 31,800 POUNDS OF FOOD TO LOCAL FOOD BANKS AND PANTRIES IN 2019, BUT THE FOOD DRIVE WAS SUSPENDED IN 2020-2023 DUE TO THE COVID-19 PANDEMIC. HOWEVER, THE FOUNDATION CONTINUED TO RAISE FUNDS VIA ITS WEBSITE TO HELP FEED ITS NORTH JERSEY NEIGHBORS. THE FOUNDATION RAISED $3,624 FOR THIS EFFORT IN 2023.
DISASTER RESPONSE: ESTABLISHED AFTER SEPTEMBER 11, 2001, THE FOUNDATION'S DISASTER RESPONSE INITIATIVE AWARDS GRANTS TO HELP IN TIMES OF COMMUNITY CRISIS (E.G. COVID)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Maxine Frampton Chair | OfficerTrustee | 5 | $0 |
Jennifer A Borg Vice President & Secretary | OfficerTrustee | 2 | $0 |
Gina Plotino Vice President & Treasurer | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $49,936 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $49,936 |
| Total Program Service Revenue | $0 |
| Investment income | $12,243 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $202 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $788 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $68,104 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $103,046 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $12,800 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,710 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $6,569 |
| Fees for services: Other | $9,893 |
| Advertising and promotion | $0 |
| Office expenses | $1,019 |
| Information technology | $6,471 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,897 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,209 |
| All other expenses | $978 |
| Total functional expenses | $161,592 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $136,933 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $2,000 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $705,790 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $844,723 |
| Accounts payable and accrued expenses | $1,509 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,509 |
| Net assets without donor restrictions | $162,357 |
| Net assets with donor restrictions | $680,857 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $844,723 |
Grants Awarded
Over the last fiscal year, Womens Foundation Of New Jersey A Nj Nonprofit Corporation has awarded $100,546 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
GERIATRIC SERVICES INC PURPOSE: To support a program to address the financial challenges of retirement age women by providing a retirement-security education, counseling services, and one-on-one money management assistance. | $21,703 |
CENTER FOR HOPE & SAFETY PURPOSE: To support a program to provide financial literacy and advocacy as well as housing advocacy services to help clients take steps toward financial independence and housing stability. | $38,843 |
THE FOOD BRIGADE PURPOSE: To strengthen and expand their home delivery food program by purchasing a commercial vehicle for home deliveries of food, infant and adult diapers, and feminine hygiene products to mothers and families. | $40,000 |