ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Five Years of Impact: New Jersey Arts & Culture Renewal Fund Celebrates Milestone Anniversary

By: PRLog
Over $10 million awarded to more than 220 arts, culture, and history organizations across New Jersey since 2020.

PRINCETON, N.J. - Oct. 8, 2025 - PRLog -- The New Jersey Arts & Culture Renewal Fund (NJACRF) proudly celebrates five years of transformative investment, partnership and impact across the Garden State's arts, cultural and historic sector. Established in 2020 at the height of the pandemic, the Renewal Fund was founded with the mission to provide critical relief to organizations whose work enriches communities, fosters creativity and preserves the cultural fabric of New Jersey.

"The New Jersey Arts & Culture Renewal Fund does much more than provide grants," said Jeremy Grunin, President of the Grunin Foundation and NJACRF Board Treasurer. "We are cultivating community—sharing our culture, experiences, and resources in ways that renew our collective commitment to the arts."

In 2023, the NJACRF reached a significant milestone—establishing itself as an independent 501(c)3 nonprofit organization, a change that expanded its capacity to receive tax-deductible donations and strategic grant funding. This change ensured that the Renewal Fund would remain a steady resource that could continue to offer support in times of unexpected sector disruptions.

To date, NJACRF has awarded over $10 million in general operating support grants to more than 220 nonprofit organizations across the state, playing a vital role in sustaining and strengthening a vibrant, inclusive arts ecosystem. This year, the need is greater than ever. "Federal grant cancellations and shifts in funder priorities have deeply affected smaller cultural organizations this year," said Lynne Toye, Executive Director of the New Jersey Arts and Culture Renewal Fund, referring to funding reductions at the National Endowment of the Arts (NEA), National Endowment for the Humanities (NEH), and the Institute of Museum and Library Services (IMLS). "Small grass-roots community organizations are particularly vulnerable," she added. Some organizations have had to reduce staffing and programs as a result of unexpected reductions in funding. NJACRF will award additional grants at the end of this year.

In addition to its grantmaking, NJACRF is strengthening the sector in other ways. In 2023 it launched a series of community convenings to foster connection, collaboration, and shared learning among arts, culture, and history professionals. Hosted at cultural institutions throughout New Jersey, these gatherings are creating networks, elevating diverse voices, and building a more unified sector.

"These convenings help to bridge the gap between funders, grantees, and community leaders, while allowing for a safe space to share experiences," said Toye.

As NJACRF celebrates its fifth anniversary, its leadership sees this moment not just as a milestone, but as a launchpad for future growth. "The arts, culture, and history sectors are dynamic, resilient, and ever-evolving," said Sharnita C. Johnson, Vice President of Strategy, Impact and Communications at the Victoria Foundation and Board President of NJACRF.

NJACRF will host a special convening in late October at ArtYard in Frenchtown, NJ to celebrate the anniversary. They hope this will serve as not just a celebration of the Renewal Fund's work and accomplishments, but another chance for grantees and supporters to build relationships.

Just as the New Jersey Arts and Culture Renewal Fund was founded to meet the sector's needs during the pandemic, they hope to continue their work by amplifying the contributions of arts and culture organizations and uplifting the correlation between a thriving cultural sector and community wellbeing.

"Our work gives voice to individuals who were historically marginalized, by unearthing, preserving, and sharing their stories with the broader community," said Catherine Fulmer-Hogan, Board President of the Stoutsburg Sourland African American Museum, an NJACRF grantee. "This work is essential to advancing a more just and equitable future."

"The progress and impact of NJACRF is a powerful testament to what is possible through collaboration with supporters including the New Jersey State Council on the Arts," Toye added. "We are proud of what we've achieved—and we are inspired by the future ahead."

For more information about the New Jersey Arts and Culture Renewal Fund and its ongoing work, please visit https://NJArtsCulture.org.

About New Jersey Arts & Culture Renewal Fund
The New Jersey Arts & Culture Renewal Fund was established in 2020 to ensure the survival and strength of the state's arts, arts education, cultural and historic sector during and after the pandemic. The New Jersey Arts & Culture Renewal Fund, a 501(c)(3) organization, provides financial support to catalyze a more equitable statewide recovery and build resilience for arts, cultural and historical organizations. To learn more, visit NJArtsCulture.org.

Contact
Allison Brown, Design 446
***@design446.com

Photos: (Click photo to enlarge)

New Jersey Arts & Culture Renewal Fund Lynne Toye, Executive Director Of NJACRF


Source: New Jersey Arts & Renewa Fund

Read Full Story - Five Years of Impact: New Jersey Arts & Culture Renewal Fund Celebrates Milestone Anniversary | More news from this source

Press release distribution by PRLog
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.