Womens Foundation Of New Jersey A Nj Nonprofit Corporation
- Assets
- $844.0k
- Revenue
- $217.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Englewood Cliffs, NJ
- Founding
- 06/2002
- Data as of
- 12/2021
- 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 12/2021, Womens Foundation Of New Jersey A NJ Nonprofit Corporation generated $217.9k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $48.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (21.5%) per year over the past 7 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 29 individual grants totaling $708,956. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE WOMEN'S FOUNDATION OF NEW JERSEY IS COMMITTED TO PROVIDING CHARITABLE FUNDING AND SERVICES IN ORDER TO MAKE A SIGNIFICANT DIFFERENCE IN THE LIVES OF OUR NEW JERSEY NEIGHBORS.
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. WE ACCEPTED A $100,000 TRANSFER OF CASH ASSETS FROM THE PREVIOUS AGENT, BERGEN COUNTY'S UNITED WAY, AND BEGAN TO ACCEPT DONATIONS FOR A GRANT TO BE AWARDED IN 2022.
ACTION AGAINST HUNGER. THIS PROGRAM DELIVERED APPROXIMATELY 31,800 POUNDS OF FOOD TO LOCAL FOOD BANKS AND PANTRIES IN 2019. THIS PROGRAM WAS SUSPENDED IN 2020 AND 2021 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 $8,015 FOR THIS EFFORT IN 2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Maxine Frampton Chair | Officer | 5 | $0 |
Gina Plotino Vice President & Treasurer | Officer | 2 | $0 |
Sandra A Borg Chair | Officer | 0.1 | $0 |
Stephen A Borg VP And Secretary | Officer | 0.1 | $0 |
Thomas Heffernan Treasurer | Officer | 0.1 | $0 |
Jennifer A Borg Vice President & Secretary | Officer | 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 | $138,689 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $138,689 |
| Total Program Service Revenue | $0 |
| Investment income | $8,703 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $442 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $69,030 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $217,881 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 | $5,515 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $25,870 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $7,122 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $5,702 |
| 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 | $1,278 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,145 |
| All other expenses | $0 |
| Total functional expenses | $48,730 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $147,414 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $696,603 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $844,017 |
| Accounts payable and accrued expenses | $5,963 |
| 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 | $5,963 |
| Net assets without donor restrictions | $193,939 |
| Net assets with donor restrictions | $644,115 |
| 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 | $844,017 |
Grants Awarded
Over the last fiscal year, Womens Foundation Of New Jersey A Nj Nonprofit Corporation has awarded $140,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
Teaneck, NJ PURPOSE: DONATION FOR COVID RELIEF | $30,000 |
Teaneck, NJ PURPOSE: DONATION FOR COVID RELIEF | $30,000 |
Paramus, NJ PURPOSE: DONATION FOR COVID MATCHING GRANT- WOMEN UNITED IN PHILANTROPY FUND | $20,000 |
Paramus, NJ PURPOSE: DONATION FOR COVID MATCHING GRANT- WOMEN UNITED IN PHILANTROPY FUND | $20,000 |
Hackensack, NJ PURPOSE: DONATION FOR COVID RELIEF | $20,000 |
Hackensack, NJ PURPOSE: DONATION FOR COVID RELIEF | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Good Nation Foundation Inc New York, NY | $2,105,948 | $9,558,970 |
New York Times Neediest Cases Fund New York, NY | $66,331,518 | $11,554,497 |
The M S Hershey Foundation Hershey, PA | $64,689,691 | $17,201,612 |
Enveritas Inc New York, NY | $2,653,436 | $10,002,673 |
Rodef Chesed Brooklyn, NY | $766,824 | $8,077,248 |
Tomchai Torah Beretz Yisrael Inc Monsey, NY | $767,829 | $7,981,285 |
Howard S And Deborah Jonas Foundation Inc Newark, NJ | $31,913,606 | $3,298,041 |
Virgin Unite Usa Inc New York, NY | $4,075,760 | $3,415,307 |
American Friends Of Kohelet Policy Forum Philadelphia, PA | $260,078 | $121,500 |
Englewood Hospital And Medical Center Foundation Inc Englewood, NJ | $99,587,008 | $18,309,140 |
Mosdos Hatorah Vhachesed Of Pnei Menachem Inc Brooklyn, NY | $56,343 | $6,197,826 |
The Nicholas J And Anna K Bouras Summit, NJ | $115,819,881 | $10,500,209 |