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The Fund for New Jersey

Profile

Last Updated: 2016-06-08

At A Glance

The Fund for New Jersey

1 Palmer Sq., Ste. 303

Princeton, NJ United States 08542-3718

Telephone: (609) 356-0421

URL: www.fundfornj.org

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Celebrity: Business; Politics

Financial Data

(yr. ended 2014-12-31)

Assets: $57,610,725

Total giving: $2,420,000

EIN

221895028

BRIDGE Number

7049271940

Background

Incorporated in 1969 in NJ as successor to The Florence Murray Wallace Fund established in 1958 - Founded by the late Charles F. Wallace and Martin F. Tiernan. Charles F. Wallace was the inventor of an automatic chlorinating device used by municipal utilities to purify water. Along with his friend and business partner Martin F. Tiernan, he founded Wallace & Tiernan Company in 1911. They broke new ground in 1913 by developing a machine that would automatically pipe chlorine gas into a Boonton, New Jersey stream that was polluting the Jersey City water supply.

Purpose and Activities

The foundation works to improve the quality of public policy decision-making on the most significant issues affecting the people of NJ and the region. The foundation's grantmaking advances systemic and sustainable solutions to public problems through the work of policy, advocacy, analysis and organizing.

Fields of Interest

Subjects
  • Community and economic development
  • Education
  • Environment
  • HIV/AIDS
  • Housing development
  • Human services
  • Land resources
  • Public administration
  • Public affairs
  • Public policy
Population Groups
  • Adolescents
  • Adults
  • Children and youth
  • Economically disadvantaged people
  • Ethnic and racial groups
  • Females
  • Incarcerated people
  • Infants and toddlers
  • Low-income and poor people
  • Males
  • Migrant workers
  • People of African descent
  • People of Latin American descent
  • People with HIV/AIDS
  • Substance abusers
  • Young adults

Financial Data

Year ended 2014-12-31

Assets: $57,610,725 (market value)

Expenditures: $3,255,370

Total giving: $2,420,000

Qualifying distributions: $3,043,016