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Bespoke Grants Research · Published June 2026

The State of New Jersey Nonprofit Funding 2026

We analyzed every itemized grant reported by New Jersey-headquartered private foundations on IRS Form 990-PF — 134,000+ grants, fiscal years 2022–2024 — to map who gives, where the money goes, and how grant sizes are changing. Free to cite and republish with attribution and a link to this page.

$7.46B
granted by NJ private foundations, FY2022–2024
2,635
foundations made at least one grant in FY2023
$5,000
median grant in FY2024 — up 67% from FY2020
34.3%
of NJ foundation dollars stayed in New Jersey
Download the full report (PDF) 10 pages · all 50 growth foundations · full county table · methodology
FINDING 01

Giving is steady — but checks are getting bigger

NJ private foundations reported $2.57 billion in grants on FY2024 filings, level with 2023 and up 11% from 2022. The bigger shift is in the typical grant: the median rose from $3,000 in FY2020 to $5,000 in FY2024 (+67%), and the mean rose from $41,600 to $61,400. Foundations are concentrating dollars in fewer, larger awards.

Bar chart: total reported giving by NJ private foundations, 2019-2024, with 2019 and 2021 flagged as partial IRS e-file coverage years
FINDING 02

One county holds a third of the money

Mercer County — home of the Robert Wood Johnson Foundation in Princeton — accounts for $2.45B of FY2022–24 giving, a third of the state total, and posts the state's highest median grant ($15,000). Bergen County has the most foundations (375) but a $3,500 median: lots of small family foundations. County reflects the foundation's headquarters, not the recipient's location.

Horizontal bar chart: foundation giving by headquarters county, 2022-2024, led by Mercer at $2.4B

Full 17-row county table with medians, means, and grant counts in the PDF.

FINDING 03

The fastest-growing NJ foundations

Comparing the same foundations' FY2020 and FY2024 filings (matched cohort of 2,028), RWJF added the most dollars (+$91M), but the sharpest expansions are family foundations scaling from six to eight figures — the Honickman Charitable Fund grew 66x, from $209K to $13.9M. A foundation in growth mode is often building new program areas: the best moment for an introduction.

Horizontal bar chart: largest dollar increases in annual giving 2020 to 2024, led by Robert Wood Johnson Foundation

All 50 growth foundations, ranked, in the PDF.

FINDING 04

What gets funded

Healthcare leads: 990 foundations active in healthcare grantmaking deployed $5.7B in FY2022–24. Civil rights (61 funders) and community improvement (70) have fewer identified funders but large average commitments. These counts do not measure competition. Check each funder’s eligibility and priorities.

Horizontal bar chart: giving by funders active in each focus area, 2022-2024, led by healthcare
FINDING 05

Most NJ foundation money leaves New Jersey

Of $7.46B granted in FY2022–24, only $2.56B (34.3%) went to New Jersey recipients. New York captured 19.1% — Manhattan's universities, hospitals, and national nonprofits sit one river away from most of NJ's foundation wealth — with DC and Massachusetts punching far above their size. For NJ nonprofits the implication is sharp: the money is local, the competition is national, and local impact is the differentiator.

Horizontal bar chart: where NJ foundation dollars went 2022-2024 by recipient state — NJ 34.3%, NY 19.1%, then DC, CA, MA, PA

Methodology

Scope. New Jersey-headquartered private foundations (IRS Form 990-PF filers), grants as itemized on their e-filed returns, tax years 2019–2024, as ingested by Bespoke Grants.

Exclusions. Nine pharmaceutical patient-assistance programs (J&J, Bristol-Myers Squibb, Novartis, Merck, Bayer, Otsuka, Sanofi, Genzyme, Teva) that report the retail value of free medication to individuals as grants — J&J alone reported $4.6B in FY2022, which would swamp every cash-giving statistic. Also excluded: single grant lines of $250M+ (in-kind distributions) and zero/negative amounts.

Coverage. IRS e-file availability varies by year; 2019 and 2021 are partial-coverage years and are flagged as such. All growth claims use matched cohorts — the same foundations compared against themselves.

Full methodology in the PDF. Questions about the data: nate@bespokegrants.ai.

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