Since 1996, OceanFirst Foundation has built a solid reputation as a good neighbor providing grants that help families, organizations, schools and communities in Central New Jersey.

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Want to Apply for a Major Grant in 2015? Here's What You Need to Know.

Deadline to Submit a Letter of Interest - March 1, 2015

Happy New Year! We know you've been waiting to hear about our 2015 Major Grant Program so here's everything you need to know to submit a new grant request.

Our funding priorities remain the same – supporting Housing, Youth Development and Education, and Improving Health and Wellness and the Quality of Life in the OceanFirst Bank market. The Foundation anticipates awarding approximately $600,000 in Major Grants this year. Typical grants will range from $5,000 – $25,000.

To be considered, the first step is for your nonprofit to submit a Letter of Interest (LOI). LOIs must provide a brief background on your organization, how much your organization is requesting and a brief summary of the program/project/purpose for which you seek a grant. Letters may not exceed two pages of narrative and must also include a one page project budget.

Our Major Grant Committee will then conduct a thorough review of the LOIs received to determine which organizations will be invited to move on to the next step which is the submission of a full proposal for consideration.

Please note that if your organization submitted a Letter of Interest in 2014 and your program/project did not receive funding, you may request that it be reconsidered in 2015. If you’re unsure about whether your organization previously submitted a LOI, you may contact the Foundation office and we will share what we have on file. If your organization’s needs/priorities have changed you may submit a new LOI to be considered.

Further, please note that all Major Grant applicants must have tax-exempt (501c3) status with the IRS, be registered in the State of NJ as a charity and perform a certified annual audit. If invited to proceed to the next stage, there will be additional documentation requirements.

Plan ahead – the deadline to submit a Letter of Interest is March 1, 2015 and mailed submissions must be received by the deadline. Email submissions must be sent to kdurante@oceanfirstfdn.org. Should you have any questions, please don’t hesitate to give us a call.


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