NonprofitsNew Jersey Chamber Of Commerce Foundation

Community Improvement & Capacity Building

New Jersey Chamber Of Commerce Foundation

TRENTON, NJ

Total revenue

$1.2M

Total expenses

$908K

Net assets

$786K

Grants received

$987K

38 grants

EIN

223490986

Tax year

2023

Mission

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.

Programs

1 program

Product sales and services--over the past several years, revenue from njccf's programs has declined, with only the school counts program generating income during the last two fiscal years. This program was utilized by a limited number of high schools in cumberland county in partnership with rowan college of south jersey cumberland. Due to the minimal revenue generated, njccf made the strategic decision to sell the school counts program to the cumberland county campus educational foundation of rowan college of south jersey cumberland for $5,000. As part of the sale, njccf transferred ownership of all associated logos, digital assets, the program's url, and service mark to the foundation in june 2024.

Expenses: $3K

Financials

FY 2023

Revenue

Contributions & grants$1.1M
Program service revenue$50K
Investment income$24K
Other revenue
Total revenue$1.2M

Expenses

Grants paid$128K
Salaries & benefits$551K
Fundraising$56K
Other expenses$214K
Total expenses$908K
Total assets$1.0M
Net assets$786K

People

19 listed

NameRoleCompensation

THOMAS BRACKEN

TREASURER

Board

0.5 hrs/wk

DONNA CUSTARD

PRESIDENT

Board

40 hrs/wk

SANDRA GLOVER-STROTHERS

EXECUTIVE DIRECTOR, JAG NJ

Board

40 hrs/wk

JENNIFER STEGERS

ACCOUNTING MANAGER

Board

40 hrs/wk

DR STEVEN M ROSE

CHAIRMAN

Board

0.5 hrs/wk

WALTER J BRASCH CPA

TRUSTEE

Board

0.5 hrs/wk

LISA CHOWANSKY

TRUSTEE

Board

0.5 hrs/wk

GARY C DAHMS

TRUSTEE

Board

0.5 hrs/wk

SAMUEL L DONELSON

TRUSTEE

Board

0.5 hrs/wk

DOUG MOKOID

TRUSTEE

Board

0.5 hrs/wk

WILLIAM R HAGAMAN JR CPA

TRUSTEE

Board

0.5 hrs/wk

CHRISTOPHER M LEPRE

TRUSTEE

Board

0.5 hrs/wk

GIL MEDINA

TRUSTEE

Board

0.5 hrs/wk

BRAXTON PLUMMER

TRUSTEE

Board

0.5 hrs/wk

MIKE REAGAN

TRUSTEE

Board

0.5 hrs/wk

DENNIS M TOFT

TRUSTEE

Board

0.5 hrs/wk

DIANE WASSER

TRUSTEE

Board

0.5 hrs/wk

DENNIS G WILSON

TRUSTEE

Board

0.5 hrs/wk

TED ZANGARI ESQ

TRUSTEE

Board

0.5 hrs/wk

Grants received

Showing 38 of 38

FromAmountPurposeYear
$30K
TO SUPPORT GENERAL OPERATIONS
2024
$5K
GENERAL OPERATING SUPPORT
2024
$1K
EDUCATIONAL SUPPORT
2024
$100K
Program Support
2023
$33K
LOCAL IMPACT GRANT
2023
$30K
TO SUPPORT AND ENCOURAGE THE GROWTH AND SUSTAINMENT OF JAG STATE AFFILIATES.
2023
$30K
TO SUPPORT JOB'S FOR NEW JERSEY GRADUATES GENERAL OPERATIONS
2023
$25K
Jobs for Americas Graduates New Jersey
2023
$6K
GENERAL OPERATING/FLEXIBLE SUPPORT GRANT
2023
$5K
GENERAL OPERATING/FLEXIBLE SUPPORT (JOBS FOR AMERICA'S GRADUATES NEW JERSEY)
2023
$5K
JOBS FOR AMERICA'S GRADUATES - NEW JERSEY (JAG NJ)
2023
$100K
Program Support - Jobs for NJ Graduates Program
2022
$34K
MARKETPLACE GRANT
2022
$32K
TO SUPPORT AND ENCOURAGE THE GROWTH AND SUSTAINMENT OF JAG STATE AFFILIATES.
2022
$30K
TO SUPPORT GENERAL OPERATIONS
2022
$20K
Education
2022
$16K
GENERAL SUPPORT
2022
$10K
GENERAL SUPPORT
2022
$5K
GENERAL OPERATING/FLEXIBLE SUPPORT (JOBS FOR AMERICA'S GRADUATES/JAG)
2022
$30K
TO SUPPORT GENERAL OPERATING PURPOSES FOR JOBS FOR NJ'S GRADUATES
2021
$25K
MARKETPLACE GRANT
2021
$10K
GENERAL SUPPORT
2021
$5K
GENERAL OPERATING/FLEXIBLE SUPPORT GRANT
2021
$5K
JOBS FOR AMERICA'S GRADUATES - NEW JERSEY (JAG NJ)
2021
$5K
STAFF APPROVED GRANT -11/10/21
2021
$50K
Education
2020
$30K
TO SUPPORT GENERAL OPERATIONS
2020
$25K
COVID-19 GRANT
2020
$10K
Jobs for New Jersey's Graduates
2020
$10K
GENERAL SUPPORT
2020
$10K
GENERAL SUPPORT
2020
$5K
JOBS FOR NEW JERSEY'S GRADUATES NEWARK, CARTERET, AND NEW BRUNSWICK ONLY
2020
$5K
UNRESTRICTED USE BY CHARITY
2020
$5K
UNRESTRICTED USE BY CHARITY
2020
$5K
JOBS FOR AMERICA'S GRADUATES NEW JERSEY
2020
$150K
QUALITY JOBS THROUGH JOBS FOR NEW JERSEY'S GRADUATES
2018
$80K
TO SUPPORT AND ENCOURAGE THE GROWTH AND SUSTAINMENT OF JAG STATE AFFILIATES.
2018
$5K
UNRESTRICTED USE BY CHARITY
2018

Funded by

$987K from 16 funders · 38 grants · 2018–2024

Maher Charitable Foundation

$200K · 2 grants · 2022–2023

Victoria Foundation Inc

$150K · 5 grants · 2020–2024

The Prudential Foundation

$150K · 1 grant · 2018

Jobs for America's Graduates Inc

$142K · 3 grants · 2018–2023

Deloitte Foundation

$117K · 4 grants · 2020–2023

Pseg Foundation Inc

$75K · 2 grants · 2020–2023

Investors Foundation Inc

$40K · 4 grants · 2020–2022

Oceanfirst Foundation

$26K · 5 grants · 2020–2023

Details

EIN223490986
NTEE codeS41
Subsection03
Ruling date1997-08
Formed1996
Employees0
Volunteers120
NEW JERSEY CHAMBER OF COMMERCE FOUNDATION — Mission, Financials & Grants Received | Grantivo