For well over three decades the Community Foundation of New Jersey (CFNJ) has focused its mission on creating lasting differences in people's lives and communities. The alliance of families, businesses and foundations works to connect donors and organizations as well as issues and communities to provide ongoing leadership on issues critical to the health of New Jersey.
Recently Herb Ouida, the chairman of the Todd Ouida Children's Foundation and NJ Monthly Garden State Seed of Hope honoree, recognized the benefits provided by the Community Foundation of New Jersey.
“We are honored by this recognition and gratified by the progress we have made as an organization; that progress would not have been possible without the support of the Community Foundation of New Jersey,” said Ouida. “One of the most consequential decisions we made when establishing the organization was to partner with the Community Foundation of New Jersey.”
The Morristown-based Community Foundation serves as the home of the Todd Ouida Children’s Foundation (TOCF), among other organizations. In that capacity, CFNJ provides administrative and compliance support so that TOCF can dedicate more time to the core of its mission.
“More than $1.3 million has been donated and distributed in Todd’s name so far,” said Ouida. “The freedom to concentrate on the heart of our work – providing education, raising awareness, promoting mental health initiatives, and raising financial support for critical psychological services – and not be overburdened by administrative and compliance obligations cannot be overstated.”
The Todd Ouida Children's Foundation was created following September 11, 2001 in order to celebrate Todd's life and create a meaningful legacy. Born out of Todd's own successful struggle with childhood anxiety, the mission of the foundation is to financially support psychological services and other mental health initiatives for children of families in need, raise awareness and reduce the stigma of anxiety and depression disorders in children, recognizing the need for early intervention, provide contact information for those seeking help.
“What’s more,” Ouida continued, “the Foundation staff is extremely knowledgeable, professional and just a pleasure to work with. In that way, the NJ Monthly Garden State Seeds of Hope honor is one we share with the Community Foundation of New Jersey.”
Through a combination of Legacy Funds and Donor Advised Funds, the Community Foundation has granted an average of more than $25 million each year to charitable organizations and currently stewards over $225 million in charitable assets for current needs and future challenges.