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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. The quieter story is at the bottom of the chart — causes like civil rights (61 funders) and community improvement (70) have few dedicated funders but large average commitments. Less competition for organizations that fit.

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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