Geraldine R. Dodge Foundation Explained

Geraldine R. Dodge Foundation
Formation:1974
Type:Philanthropic organization
Headquarters:Newark, NJ, United States
Leader Title:President & Chief Executive Officer
Revenue:$35,786,409[1]
Revenue Year:2022
Expenses:$22,091,255
Expenses Year:2022
Website:www.grdodge.org

The Geraldine R. Dodge Foundation is an American philanthropic organization based in Newark, New Jersey which supports racial justice nonprofit organizations across New Jersey. The foundation believes that philanthropy includes not only providing resources, but also connecting leaders across sectors, sharing expertise, and promoting collaboration to help build movements for change in important matters. It funds New Jersey-focused working towards a just and equitable state. The foundation announced its decision to shift it headquarters to Newark in 2023 to better advance its mission.[2]

History

The Dodge Foundation was established in 1974 through a bequest[3] from Mrs. Geraldine Dodge, daughter of William and Almira Rockefeller, and has grown to become one of the largest private foundations in New Jersey. Since its inception, Dodge has awarded nearly $450 million[4] in grants. It awards about $11 million[5] in grants annually through three grant cycles. Chris Daggett[6] became President and CEO of the foundation in 2010, and Tanuja M. Dehne became the fourth President and CEO in September 2019.[7]

Major initiatives

In 1986, the Dodge Foundation launched the biennial Geraldine R. Dodge Poetry Festival, the largest poetry event in North America,[8] and in the following year spawned a complementary Poetry-in-the-Schools Program.

In the aftermath of Superstorm Sandy, the foundation provided a lead gift to the New Jersey Recovery Fund,[9] hosted by the Community Foundation of New Jersey with support from local and national foundations, New Jersey corporations and individuals. The New Jersey Recovery Fund, one of the top philanthropic supporters of the state's Sandy recovery,[10] awarded 25 grants totaling more than $4 million to groups working to address the Sandy recovery in several key areas: planning and environment, public information and engagement, community health, and the arts.

External links

Notes and References

  1. Web site: Geraldine R. Dodge Foundation Inc. . 18 November 2016 . Foundation Center . 16 February 2018 .
  2. https://www.roi-nj.com/2023/12/14/real_estate/well-known-geraldine-r-dodge-foundation-moving-hq-to-newark-continuing-its-legacy-of-dismantling-inequities/
  3. Web site: History. Geraldine R. Dodge Foundation homepage.
  4. Web site: Dodge Grants. Geraldine R. Dodge Foundation.
  5. News: Westhoven. William. Dodge Foundation awards near $11M in 2014. Daily Record.
  6. News: McGlone. Peggy. Former N.J. governor candidate Chris Daggett is named Dodge Foundation CEO. The Star Ledger. June 19, 2015.
  7. Web site: 2019-08-13 . Tanuja Dehne Named New Dodge Foundation President and Ceo . 2023-04-28 . Philanthropy New York . en.
  8. News: Reich. Ronnie. Dodge Poetry Festival returns, bigger than ever, to Newark. The Star Ledger.
  9. Web site: New Jersey Recovery Fund. Community Foundation of New Jersey.
  10. News: Gurian. Scott. THE LIST: TOP PRIVATE DONATIONS MADE TOWARD NJ'S HURRICANE SANDY RECOVERY. NJ Spotlight.