Columbia Bank New Jersey’s Post

"As part of the #WHY15 campaign, Nonprofit New York celebrates a $58 million restoration to city libraries, allowing them to serve their communities on Sundays, and a number of cultural institutions were relieved to find themselves back at baseline budget levels." "It is important to note that too many nonprofits and agencies did not see crucial funding restored. Some of these nonprofits will be forced to close their doors because their organizational needs were zeroed out of the recently approved budget. Nonprofits supporting the parks and open spaces - places that are crucial to public health and safety - are forced, once again, to confront the challenges created by a consistent lack of investment and funding." Read Nonprofit New York's FULL #WHY15 Statement on the FY 2025 Adopted Budget here: https://bit.ly/3RVyk00

County leaders may limit how much money they give to nonprofit groups and projects serving low-income neighborhoods in light of looming budget challenges. The Santa Clara County Board of Supervisors today is considering capping community spending per district at $1 million, but potentially raising the ceiling to $2 million for districts with greater need, such as District 2. The county’s technical term for such spending is “inventory items.” During the budget process, supervisors can propose one-time funds related to various community programs. Read the story: https://lnkd.in/gQEdzCzX

Did you know 38% of San Diegans are somewhat seriously considering moving out of San Diego, largely due to the soaring cost of living? Over half of renters in San Diego County are housing-burdened, spending more than 30% of their income on rent. Delve deeper into these critical findings in the pages of the 2023 State of Nonprofits and Philanthropy Annual Report! https://lnkd.in/enz-aAM4 #SONPReport23

Incredible news! @nonprofitfinancefund (NFF) has secured a game-changing $5 million investment from the Robert Wood Johnson Foundation (RWJF) to empower New Jersey nonprofits! This investment aims to support community development corporations, land trusts, and nonprofits striving for property ownership, ensuring long-term community well-being. Jennifer Kawar, VP of NFF, highlights the significance: "Property ownership is crucial for nonprofits to serve communities without the fear of displacement. RWJF’s investment will help these organizations secure facilities, deliver essential services, create jobs, and strengthen community bonds." New Jersey faces deep racial wealth gaps, rooted in historical discriminatory policies. In cities like Newark, soaring property values and rents threaten residents and local organizations. This investment offers a lifeline, empowering nonprofits like Sierra House to purchase real estate, continuing their mission of building affordable housing and securing their financial future. This isn’t just about money; it’s about building resilient communities. Thank you, RWJF, for championing this vital initiative! 🙌💫 #CommunityEmpowerment #PropertyOwnership #NFFImpact Learn More Here:

Over the next 20 years, it is estimated that $84 trillion+ in cash and assets will transfer from Silent Generation / Baby Boomer households to their heirs. Experts believe almost $12 trillion of this sum will be contributed to nonprofits. bit.ly/3vCGRwy

Leave a Legacy Month is celebrated each May to encourage people to consider planned giving as an option to support their favorite nonprofits. Did you know 68% of Americans lack a valid will? Estate planning is creating a clear, comprehensive plan for the transfer of your assets, after your death, to the people or organizations you love. Learn more about your planned giving options and read stories of community members who have put their trust in the Community Foundation to help to carry out their philanthropic legacy: https://ow.ly/LjaM50RsNjl

"At a time when many philanthropic funders are looking to address the power imbalance between community organizations and their funders, supporting community bond issuers and building a thriving marketplace is one way to do so." - The Philanthropist Journal https://ow.ly/2kIh50SCrAc #SocialImpact #CommunityEmpowerment #SocialChange #NonprofitSupport #ImpactInvesting #FundingEquality

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At SVP Boulder County, we firmly believe that strong nonprofits make for a strong community. Did you know that Colorado nonprofits supported 262,000 jobs and is a major contributor to Colorado's economy? Learn more in the recently released 2024 Colorado Nonprofit Economic Impact Report. https://lnkd.in/gbnA34uZ #nonprofits #economicimpact