N.J. charities establish Sandy recovery fund for long-term needs of victims

By Harry Lipman

Two of the state’s largest charitable foundations are establishing a New Jersey Recovery Fund to focus on long-term needs in the wake of superstorm Sandy.

The fund will be maintained by the Community Foundation of New Jersey in Morristown. The Geraldine R. Dodge foundation, also in Morristown, launched the effort Thursday with a $1 million gift. Several other organizations have also kicked in an additional $500,000, including the John S. and James L. Knight Foundation in Miami and the Subaru of America Foundation, established by the automobile company.

In addition, the Dave Matthews Band announced it will contribute $1 million to the Community Foundation to establish its own relief fund.

“The idea is to address the longer term issues, especially related to the non-profit community, both those non-profits that were affected by the storm and those that have been responding to it,” said Hans Dekker, president of the Community Foundation. He said the idea was not to focus on capital costs to repair damaged structures, but other sorts of losses. 

Read more at northjersey.com

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