ENSURING NEW JERSEY’SCULTURAL LEGACY

ENSURING NEW JERSEY’SCULTURAL LEGACY

THE NEW JERSEY CULTURAL TRUST2004 ANNUAL REPORT

The New Jersey Cultural Trust was established by P.L. 2000, c: 76 which is now N.J.S.A. 52:16A-72 et seq. and was signed into law on July 25, 2000.

❦

The mission

of the Cultural Trust

is to ensure

a stable and healthy

cultural industry

in New Jersey

that is sustainable

under fluctuating

economic conditions.

The Trust Fund is a permanent,

interest-generating fund

that serves as an

additional source of revenue

to nonprofit arts, history, and

humanities organizations

for specific purposes

that are crucial to ensuring

fiscal and operational health,

stability and durability.

1

Report from the Co-Chairs and Director 2

Background 4

FY 04 Accomplishments 6

Fund Status 10

Fiscal Plan and Growth 11

Goals and Priorities 12

"The Ways Donations are Matched" Chart 14

Institutional & Financial Stabilization Grants 16

Capital Historic Preservation Project Grants 18

Qualified Organizations 20

Certified Donations – Summary Round I and II with Payments 29

Summary Contributions – FY 04 30

“So, Where’s the Money?” 32

Board of Trustees and Staff 33

The Newark Museum

Algonquin Arts, The Moscow Classical Ballet in The Nutcracker

Historic Cold Spring Village, Dennisville Inn c. 1778Photo by Joseph Salvatore, MD

Front Cover:“CONFLUENCE” 200035-foot high fountain of stainless steel, aluminum and granite

Clyde Lynds

“Confluence,”a project for the New Jersey State Capitol Plaza by Clyde Lynds features the fountain;an observation platform engraved with an historic map of Trenton; an oval seating wall with thenames of every city and town in New Jersey; and two entrance sculptures with fiber-opticembedments depicting the night sky when Trenton became the state capital. The artwork was madepossible through the Public Building Arts Inclusion Act of 1978.

Table of Contents

Report from the Co-Chairs & Executive Director

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Judi Dawkins

Josh Weston

Barbara Fulton Moran

This year we celebrate the inauguration of the Cultural Trust’s first grantprogram! From the inception of The New Jersey Cultural Trust, our initialgoal was to exceed $20 million in the Fund, thereby permitting distribution

of earned interest. FY04 saw the achievement of this goal.

Thirty-three grants for financial stabilization were awarded to culturalorganizations throughout the State. These dollars are targeted to address needssuch as establishing working capital funds, building audiences, increasinginstitutional capacity, strategic planning, professional development, technologyupgrades, and leadership succession planning. An additional 11 organizationswere recommended for Historic Preservation Capital Stabilization projects.

The Cultural Trust was born of the recognition that New Jersey’s nonprofitcultural industry was severely undercapitalized and vulnerable to economicdownturns. Our cultural organizations bring great value to community life,contribute to quality education, advance the revitalization of cities, assist ourunderstanding of each other, nurture appreciation for diversity, and contribute toeconomic development. These organizations are worthy of public support,encouragement and protection.

The Trust serves as a unique source of support, complementing the operating andproject support provided through other State agencies. As such, The New JerseyCultural Trust is our investment in the future. It serves as a long-termpublic/private effort to address issues of financial stabilization, capital needs, andbuilding endowments to strengthen the institutional capacity of our nonprofitarts, history and humanities organizations.

We are proud to see the Cultural Trust begin to fully achieve its mission andrealize its commitment to strengthen our cultural organizations. When the Stateis able to resume fully matching private gifts, we will be a model public/privatepartnership with resources to help stabilize New Jersey’s cultural community.We look forward to growing the Cultural Trust Fund and advancing awareness,understanding and appreciation of how it works to cultivate our nonprofits.

Our sincere thanks and appreciation to the Governor, Secretary of State and theLegislature for including The New Jersey Cultural Trust among those agencies toreceive annual dedicated funding. A special thanks to the hardworking Board and Staff of the Trust, and, of course, the remarkable cultural community of New Jersey.

Judi Dawkins, Co-Chair Josh Weston, Co-ChairBarbara Fulton Moran, Executive Director

The Ocean County Historical Society, May Victorian Fair

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Center for Community Arts, Costa Rican mask, painted on a palm Historic Cold Spring Village, Country Store c. 1790Photo by Joseph Salvatore, MD

Yusef Komunyakaa, internationally renowned poetat the Walt Whitman Arts CenterPhoto by Kamile Kuntz

NJPAC - The Shakespeare Theatre of NJ,“A Midsummer Night’s Dream”

Salem County Historical SocietyTeachers Ken Buck and Sue Stone workingon the Distance Learning packet.

NAS Wildwood Aviation MuseumPhoto by Joseph Salvatore, MD

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Background

Over the past two decades, researchers of the nonprofitcultural industry nationwide, a movement that hadexperienced tremendous growth and proliferation since

the mid-1960’s, examined a curious and dishearteningphenomenon. Cultural institutions, even those with greatlongevity, broad-based support, high quality product, strongearned income, gifted professional staff, well-run operations,and well-connected Boards, suffered greatly anddisproportionately in comparison to other industries at everydown-turn of the economy and every major shift or reductionin public and private funding policy. Upon serious examinationof the field, consensus about the conditions that create suchvulnerability emerged. Plainly put, the nonprofit culturalindustry was woefully undercapitalized. It was asset poor,without adequate reserves or working capital, understaffed andgenerally facing enormous expense in meeting facility needs.

In New Jersey the need for increased and sustainable resourcesfor the arts came forward through the 1995 Governor’sConference on the Arts – Arts In Focus III – and ultimatelybecame one of the six fundamental goals of Arts Plan NewJersey, adopted on March 23, 1998. However, in addition toexpressing the need for more funding in general, Arts Plancalled for the establishment of a “permanent source of annualsupport for the arts to augment current sources”sufficient,among other things,“to stabilize arts organizations.”

The New Jersey State Council on the Arts, the Department ofState and the Task Force on New Jersey History took the vanguardpositions in leading the inquiry and research into permanentfunding mechanisms, both nationwide, and in terms of what maybe possible in New Jersey. This entailed numerous meetingsamong these constituencies, consultations with colleagues andexperts across the country, and research into needs, aspirationsand public benefits of the arts, history and humanities.

The “Report of the Task Force on New Jersey History,”releasedin June, 1997 details extensively the financial needs of thehistory community. Report findings concluded that as much as$575 million in capital funds, endowment funds and increased,annualized operating funds are required in order for the historycommunity to begin to achieve its potential and extend fullbenefits to the people of New Jersey.

Similar studies were undertaken in 1998 and 1999 for the artscommunity. The National Arts Stabilization, Inc. study of 67 ofthe largest New Jersey arts groups revealed the need for $292million in endowment funds, and another $14 million inworking capital. A companion study completed by the EagletonInstitute of all Arts Council grantee organizations substantiated

the need for $202 million in capital funds and another $35million in annual operating funds.

Thus, in aggregate, by the close of 1999, the need for as muchas $1 billion in funding was established in order to stabilize andcapitalize organizations to safeguard their future, buildorganizational capacity to better serve the public, and repairand build structures equal to the needs of the public.

Work began in January 2000 to design a New Jersey model for acultural trust. Sponsors in both legislative houses introducedlegislation on May 11, 2000 to create The New Jersey CulturalTrust and establish a public/private effort to raise $200 millionover 10 years to invest in the Cultural Trust Fund, or theendowments of qualified cultural organizations. The legislationpassed on June 20, 2000 without a single dissenting vote at anystage of the deliberation. On June 27, 2000 the FY2000/2001budget was passed with the first State contribution to the Trust.On July 25, 2000 at the Trenton War Memorial, in front of morethan 600 members of the New Jersey cultural community, TheNew Jersey Cultural Trust Act was signed into law.

Immediately upon signing, representatives of the Geraldine R.Dodge Foundation presented the first private contribution inthe amount of $1,000,000. In December 2000 the WJSFoundation contributed $20,000 to the Fund. Both privatecontributions were matched by appropriated State dollars.

Subsequent State of New Jersey appropriations to the Trustaccount, as well as to the required separate administrativeaccounts for staffing and operations were made for FY02, FY03and FY04; and, over $38.4 million in donations to the Fund orto the endowments of qualified organizations were certified. Atthe close of FY04 $879,630 in interest had been earned on theFund which held $20,040,000 in contributions from State andprivate sources.

Fund PurposesFrom the interest earned by The New Jersey Cultural TrustFund, grants will be provided to “qualified organizations”for thethree purposes, each of which is defined in the Act:

• Building endowments • Financing capital projects • Improving organizational and financial stability

Qualified organizations are defined as “tax-exempt, non-profitorganizations whose primary mission is to promote theperforming, visual and creative arts in New Jersey, or topromote and preserve history and humanities in New Jersey.”

All colleges and universities and all units of state or localgovernment, including all units, authorities or corporations theycreate are ineligible.

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Fund Goals and MechanicsThe New Jersey Cultural Trust is a public/private partnershipthat seeks to amass through equal contributions from eachsector at least as much as $200,000,000 that can be investedeither in the Cultural Trust Fund, or in the endowments ofqualified organizations. The investment return from the Fundwill assist qualified organizations in the ways described above.The proposition, as articulated in the Cultural Trust Act, is thatthe State of New Jersey will annually appropriate $10,000,000over 10 years for its contribution in order to be able to matchprivate contributions. When a contribution to the endowmentof a qualified organization, or the Cultural Trust Fund directly, iscertified, the State appropriation in equal amount, if available, isalso deposited in the Fund. It should be noted that in FY01 theavailable State appropriation was $3,020,000, followed by $10million in FY02 and FY03 and $500,000 in FY04.

It is the Trust’s responsibility and authority to designate“qualified organizations”and to certify contributions to theirendowments.

The State match equal to the private contribution can beleveraged in two ways:

1) Direct contributions to the Fund.2) Contributions to the endowment of a “qualified organization.”

As an incentive for increased giving, when the privatecontribution to the endowment of a “qualified organization”is$100,000 or more, 20% of the State’s match will flow to thatorganization; the other 80% will remain in the Fund forinvestment. Private contributions may take the form of cash,but also securities, property, and other assets. Contributions toendowments received by qualified organizations after January 1,2000 may be certified for State matching dollars. (See Chart 1,page 14 - The Way Donations are Matched.)

The New Jersey Division of Investment manages the Fund inconsultation with the Cultural Trust Board of Trustees.

The Act required that the Fund reach $20 million in contributedincome before its interest earnings could be distributed asgrants. As of July 1, 2003, with the State’s FY04 appropriationof $500,000, the Fund exceeded the target of $20 million. TheBoard, therefore, authorized the release of $600,000 for theCultural Trust’s inaugural grant program.

The Board has discretion with regard to determining ifinvestment income is to be distributed or reinvested. However,any funds to be distributed as grants are to be divided asfollows: 50/50 between the arts and history. There are specialprovisions in the act for altering the distribution ratio, basedupon significant specified circumstances for a given year.

Three other agencies of State government design andadminister the programs to bring forward to the Trustrecommendations for grant funding:

• The New Jersey Historical Commission administers programsfor endowment and stabilization as they relate to history andhumanities organizations.

• The New Jersey Historic Trust administers a program forcapital projects as it relates to history and humanitiesorganizations.

• The New Jersey State Council on the Arts administersprograms for all three Trust purposes as they relate to artsorganizations.

Recommendations are to be made at least once annually.In FY04, all three recommending agencies conducted grantprograms and made recommendations for funding to qualifiedorganizations from the Cultural Trust. The New Jersey StateCouncil on the Arts and the New Jersey Historical Commissionjointly managed a program for Financial Stabilization andrecommended 33 organizations to receive a total of $450,000.The Cultural Trust Board approved those recommendations.The New Jersey Historic Trust recommended 11 organizationsfor Historic Preservation Stabilization funding that wereapproved in October.

Cape May Stage, Twilight at Monticello

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Fiscal Year 04 saw The New Jersey Cultural Trust achieve amilestone in its development with the inauguration of itsfirst grant program. With an appropriation of $500,000,

the Cultural Trust Fund exceeded $20 million in contributedincome, which was the required statutory threshold prior todistribution of the interest earned on the Fund.

On September 26, 2003 the Cultural Trust Board convened itsannual meeting and elected the following officers:

Judi Dawkins and Josh Weston, Co-ChairsCarol Cronheim,Vice-Chair

Esther Silver-Parker, Secretary

The Board also authorized the launch of the grant program andearmarked $600,000 in interest earnings for grants to qualifiedarts, history and humanities organizations. As established bythe Cultural Trust Act, the New Jersey State Council on the Arts,the New Jersey Historical Commission and the New JerseyHistoric Trust develop and administer the grant programs andbring recommendations for awards to the Cultural Trust Board.

Throughout the fall, the Cultural Trust closely worked with thestaffs of the three recommending agencies to developguidelines, criteria, and applications for the programs.Representatives from the arts and history communities wereconvened to provide valuable input on program design. TheCouncil on the Arts and Historical Commission ultimatelyapproved guidelines and criteria that reflected a single programwith a single set of eligibility, financial parameters andevaluation criteria to serve the arts and history community inthe area of financial stabilization and organizationaladvancement. The Historic Trust developed a program forhistoric preservation capital stabilization projects.

Application forms for the Financial Stabilization programs werereleased in November and broadly distributed throughout theState.

Workshops on the new grant program were held at WheatonVillage in Millville, the New Jersey State Museum in Trentonand Morristown National Historical Park in Morristown withstaff from the Cultural Trust, the Historical Commission and theCouncil on the Arts available to provide guidance on theprocess.

The Nonprofit Finance Fund, Inc. presented an overview oforganization advancement and stabilization at each of theworkshops. The three-hour sessions were offered free of chargeand were well received by over 150 participants.

The application deadline was January 15, 2004 and the CulturalTrust received and processed 121 applications requesting $1.8million. Of the applications, 85 were from arts organizationsand 36 were from History and Humanities organizations.Seventy percent of the applicants were from northern NewJersey with 30% from Southern New Jersey; and, of the dollarsrequested, 71% were from northern New Jersey and 29% fromSouthern New Jersey.

With assistance from the Cultural Trust, the Council on the Artsand the Historical Commission conducted peer panel sessionsto evaluate and rank the applications. The Boards of theCouncil on the Arts and Historical Commission thenconsidered and approved recommendations, which wereforwarded to the Cultural Trust Board.

At the April 6, 2004 Cultural Trust meeting, a total of 33 grantsfor Financial Stabilization were awarded to arts and historyorganizations. Nineteen arts organizations received $300,000and fourteen history organizations received $150,000 to addresscritical organizational needs in the areas of strategic planning,audience development, market research, technology upgrades,increasing development capacity, leadership successionplanning, and working capital funds. Over 35% of the fundingwas awarded to organizations based in Southern New Jersey.(See Chart 2, page 16 - Financial Stabilization Grants)

FY 04 Accomplishments

Passage Theatre, In Mahalia’s LightPhoto by Cie Stroud

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In mid-June the Historic Trust met and approved therecommendation of 11 projects for Historic Preservation Capitalgrants that were approved by the Cultural Trust Board in October.(See Chart 3, page 18 - Projects recommended by Historic Trust)

The Cultural Trust Act requires that organizations be qualified inorder to be eligible for grants. In order to allow organizationsthe opportunity to participate in the grants programs, they werepermitted to apply for qualification on an on-going basis.

In keeping with the provisions of the Cultural Trust Act and therules that were promulgated, the Trust designed and distributedthe guidelines and forms to be employed by organizations inapplying to be “qualified.”They were widely distributed throughdirect mail to over 1400 organizations as well as the web sitesof the Cultural Trust, the Council on the Arts, the HistoricalCommission and the Historic Trust. ArtPride New Jersey,Advocates for New Jersey History, County Cultural andHeritage Commissions, libraries, community centers and thepress throughout the state were helpful in distributinginformation about the availability of guidelines andapplications.

New applications for qualification were processed throughoutthe year. Over 225 applications have been received. Of those,98 were approved as of the September meeting and another 68

were approved in April for a total of 166 qualified organizations.The balance of the applications are “in process”or ineligible. Ofthe 166 qualified, the regional distribution mirrors the statewith 26% from Southern New Jersey and 74% from northernNew Jersey. (See Chart 4, page 20 - List of Qualified Organizations)

The Cultural Trust was established as a public/private effort toraise $200 million over 10 years to invest in the Cultural TrustFund or the endowments of qualified cultural organizations.State dollars are only leveraged into the Fund when the privatesector donations to the Fund, or the endowments of qualifiedgroups are raised and certified. To encourage large gifts of$100,000 or more, from the 1:1 matching State dollars into theFund, the recipient organization is eligible to receive an amountequal to 20% of the certified large gift.

The model has proved successful. By FY04, $38,493,709 inprivate donations was certified in Round I and II. Another $2.9million in contributions reported in the Round III applicationprocess await certification by the Board. At the request of theAdministration, the certification process has been suspendeduntil the State is able to complete the match of already certifieddollars. Organizations report over $8 million raised that will beeligible when the certification process resumes.

At the close of FY04, the State’s contribution to the purposes of

The Newark Museum

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FY 04 Accomplishments

the Cultural Trust totaled $23,520,000, allowing for a partialmatch of Round I donations and payments of $4.5 million tothe 13 organizations eligible for 20% payments of certified largegifts. The balance of the match due from the State for Round Iand Round II certified donations equals $14,973,709 to be paidupon availability of appropriations. At such time as the Statematch is available, outstanding payments to organizationseligible for 20% large gift matches will be paid. To date, $2.8million is owed in large gift matching payments.

(See Chart 5 Certified Donations page 29 and Chart 6 SummaryContributions page 30.)

Based upon the State Legislature’s 2003 approval of a 7%hotel/motel occupancy tax that is intended to provide dedicatedrevenue for the State’s cultural programming, the Trust willreceive a minimum annual appropriation of $720,000. Whilethis is less than 1/10 of the original $10 million annualcommitment as defined in the Cultural Trust Act, it doesprovide a stable base of support from which to grow.

The $500,000 FY04 appropriation for the Trust was significant,in that it allowed the Fund to exceed $20 million in contributedfunds, thereby allowing the Trust Board to initiate the process ofproviding grants to qualified cultural organizations from theinterest earned to date.

In FY 04:• Appropriations for the Fund and for agency operations were

restored and a stable source of funding was created throughthe legislation designating the Cultural Trust as a recipient ofhotel/motel fees.

• The Fund exceeded $20 million in contributed income andearned $231,667 in interest during the year for a total of$879,630 in interest earned to date, of which the CulturalTrust Board authorized the release of $600,000 to support theFY04 grant program.

• Working with the Council on the Arts, the HistoricalCommission and the Historic Trust, grant programs weredeveloped and the Trust’s inaugural grant program waslaunched.

• One hundred and twenty-one organizations requested over$1.8 million in the Financial Stabilization program.

• Thirty-three arts and history organizations were awardedfunding for Financial Stabilization projects to address needssuch as establishing working capital funds, buildingaudiences, institutional capacity building, strategic planning,professional development, technology upgrades, andleadership succession planning. Contracts were issued andfirst payments made.

Montclair Art Museum, St. Lukes Place, Photo by Fredrick Charles

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• Eleven organizations were recommended to receive fundingfor Historic Preservation projects.

• An on-going process to qualify organizations was established,with a total of 166 organizations “qualified,”from over 225applications.

• Of the 166 organizations, there is representation from each ofNew Jersey’s 21 counties.

• All groups deemed “qualified”received and executedagreements governing the designation.

• All available 04 funding for the Trust was transferred into theFund to match previously certified donations and contractsand payments for large gift matching payments were issued.

• An independent audit of financial statements for FY02 andFY03 was completed and issued without qualification.

• An independent review of contract compliance was conductedand revealed sound internal control.

• The Investment Committee of the Board met withrepresentatives of the Division of Investment and approvedan investment strategy designed to increase the earnings onthe Fund.

• The Trust provided outreach programs and materials to assistin raising the awareness of various constituencies about thework of the Trust. Presentations, workshops, a video,brochures, articles for newsletters and various reports havebeen provided to cultural organizations, civic groups, serviceorganizations, and philanthropic and government leaders toencourage their understanding, support and involvement inadvancing the work of the Trust.

• The Trust was represented at a variety of national, regionaland statewide events and provided information orparticipated in sessions designed to help explain the purposeand work of the Cultural Trust.

• On-going individual technical assistance was provided toconstituents.

Appel Farm, Photo by P. Byron

Liberty Science Center

The Center for Community Arts, Noyes Museum

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Fund Status

On July 1, 2003 the value of the Cultural Trust Fundstood at $20,288,155. This was composed of$1,020,000 in direct private contributions, $18,620,202

in State matching funds and $647,953 in interest earnings.

With the approval of the State of New Jersey’s FY04 budget, atotal of $500,000 was appropriated for the Cultural Trustaccount and transferred to the Fund, based on the priorcertification of matching funds (Round I, December 18, 2001).

Distributions totaling $100,000 (or 20% of the availableappropriation) were committed to match certified large giftdonations to the limit of funds available.

Interest earnings for FY04 (July 1, 2003 – June 30, 2004) totaled$231,677, bringing the total interest earned to date to $879,630.

In September 2003 the Cultural Trust Board authorizeddistribution of $600,000 in interest earnings. At the close of thefiscal year, $450,000 had been committed in grants andrecommendations for $150,000 were received.

Thus, at the close of the year, the actual value of the Fund,minus outstanding obligations, stood at $20,319,630($19,020,000 from State dollars, $1,020,000 from direct privatecontributions, and $279,630 from available interest.)

In addition, certified donations to the Fund or the endowmentsof qualified organizations equal $38,493,709. At the close ofFY04 the State had contributed $23,520,000 to the purposes ofthe Trust and therefore certified donations in the amount of$14,973,709 remain to be matched by the State as futureappropriations become available.

Throughout this entireperiod all Trust Fundshave been invested inthe State of New JerseyCash Management Fund.

Wheaton Village, Artist Don Friel making a piece of glass designed by students.

NJPAC, Suzanne Farrell Ballet, Photo by Paul Kolnik

New Jersey Historical Society

James Dupree at the Walt Whitman Arts CenterPhoto by Kamile Kuntz

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Fiscal Plan/Fund Growth

Through FY04 the New Jersey Cultural Trust Fund was heldin the State of New Jersey Cash Management Fund(CMF) and managed by the NJ Division of Investment.

The Cultural Trust Board has established an investmentcommittee to work with the Division of Investment inestablishing investment goals and monitoring a portfolio.The Division of Investment has recommended an investmentstrategy that includes purchase of Treasury Notes and MortgageBacked Securities in the following proportions:

Investment: Percentage:1- Year Treasury Notes 37.50%2- Year Treasury Notes 12.50%3- Year Treasury Notes 12.50%4- Year Treasury Notes 12.50%15-Year Mortgage Backed Securities 25.00%

It is expected that:• US Treasury securities will be held until maturity.• Annually, two-thirds of the proceeds will be reinvested in new

1-year Treasury Notes and the remaining one-third reinvestedin a new 4-year Treasury Note.

• The principle repayments on the 15-year Mortgage BackedSecurities would be reinvested in a new 15-year Security on a semiannual basis.

The following chart displays the potential annual income based on theyear one investment of $20 million andinterest rates that were effectiveSeptember 15, 2004.• Column A assumes that all interest is

paid out and that the State’s minimumcontribution of $720,000, of which $576,000 or 80% would be available toadd to the Fund’s investment pool.

• Column B assumes that all interest is paid out and the State reinstates itsoriginally intended appropriation of $10million, of which $8 million would beavailable for the Fund.

These conservative projections represent the annual incomepotentially available to the Trust to distribute in grants tosupport the capitalization needs of New Jersey’s nonprofitcultural community.

Projected Yearly Income A. B.Year 1 $585,400 $585,400Year 2 $602,260 $819,560Year 3 $619,119 $1,053,720Year 4 $635,979 $1,287,880Year 5 $652,838 $1,522,040Year 6 $669,698 $1,756,200Year 7 $686,557 $1,990,360Year 8 $703,417 $2,224,520Year 9 $720,276 $2,458,680Year 10 $737,136 $2,692,840

The Cultural Trust is in the process of establishing a custodyagreement with Wachovia Bank in order to implement theproposed strategy. The Investment Committee with theDivision of Investment will monitor the Fund’s performanceand revise the percentages assigned to each investment asappropriate.

Historical Society of Boonton Township

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Cultural Trust Goals and FY 05 Priorities

GOAL 1.Grow the Cultural Trust Fund

The Cultural Trust Fund is a permanent fund from whichinterest is generated to provide a source of support for buildingendowments, financial stabilization, and capital projects forNew Jersey’s nonprofit arts, history and humanitiesorganizations. The greater the Fund, the greater the interestgenerated from its investment.

As a public/private partnership, the Fund is a combination ofState and private money. State dollars are leveraged into theFund when certified donations have been made directly to theFund, or to the endowments of qualified organizations.

Beginning in FY01, the Cultural Trust Act called for the Stateand the private sector to each provide $10 million a year for tenyears. From FY01, and with the State FY04 appropriation of$500,000, however, the State has appropriated $23,520,000, or$16,480,000 below the level anticipated in the Act. And,certified donations of $38,493,709 have outpaced Stateappropriations by $14,973,709. This imbalance is anticipated togrow, as qualified organizations continue to seek privatecontributions to their endowments and the Cultural Trust seeksprivate donations directly to the Fund.

As the economy continues to improve, it will be important tosecure a higher level of State investment in order to matchprivate donations already certified. This will allow distributionof the 20% matching dollars still owed to eligible organizations,and, it will allow the Fund to achieve a higher level of interestearnings available for distribution to organizations throughoutthe State. By maintaining donor confidence, new and increasedgiving can be encouraged.

Thus the following long and short-term objectives:1. Seek additional State funds to restore and always maintain

the 1:1 relationship of public to private dollars, and secureannually $10 million in State appropriations.

2. Develop and carry out an aggressive campaign encouragingprivate sector donations to the Cultural Trust and to qualifiedorganizations.

3. Monitor Fund performance closely and implement aninvestment strategy to achieve goals through maximum yieldwithin well-defined and prudent parameters of risk tolerance.

GOAL 2.Grow the Cultural Trust Programs

Since the sum of State and private contributions to the TrustFund has exceeded a balance of $20 million, the Trust Boardauthorized distribution of interest earnings in the form of grantsto qualified arts, history and humanities organizations forinstitutional/financial stabilization, endowment and/or capitalprojects. The Act calls for the Board of the Trust to annuallydetermine the portion of interest that will be made available fordistribution. Recipients are to be recommended to the Trustthrough programs established and administered by the Councilon the Arts, the Historic Trust and the Historical Commission.

Thus the following objectives:1. Monitor the first round grants to determine program impact

and ensure contract compliance.2. Research and develop priority programs for implementation

in FY05 of the second round of grantmaking with the Councilon the Arts, the Historical Commission and the Historic Trust.

3. Ensure Cultural Trust staff capacity to provide assistance torecommending agencies and full administrative oversight andprogram outreach.

4. Cultivate professional development and technical assistanceopportunities by which to increase and share knowledgeabout stabilization issues among Trust Board and staff as wellas recommending agencies.

5. Establish procedures and timetables for administeringprograms and monitoring grants.

American Boychoir

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GOAL 3.Grow the number of participants in and contributorsto the success of the Cultural Trust

For the Cultural Trust to establish and demonstrate itsmaximum public value and impact, it must: 1) grow as quicklyas possible, 2) engage as many qualified organizations aspossible, and 3) encourage more and more donors to supportits purposes. To a large extent this means mounting effectivecommunications and outreach as well as compelling marketingand development campaigns both on behalf of the Trust andthe constituency it seeks to serve.

Thus the following objectives:1. Maintain rolling approval process for qualifying organizations

for program eligibility.2. Develop and offer education and technical assistance

opportunities for cultural organizations.3. Develop and cultivate relationships with professional service

organizations, associations and bodies aligned with the goalsand work of the Trust.

4. Secure speaking engagements to inform targeted audiencesof the Cultural Trust and develop presentations and collateralmaterials for use by staff and Board members.

5. Develop and maintain effective communications with theNew Jersey Legislature.

6. Develop marketing and outreach materials for general andtargeted distribution designed to encourage new, significantand innovative donations both to the Cultural Trust directlyand to the stabilization, endowment and capital initiatives ofqualifying organizations.

7. Monitor and analyze the results of Cultural Trust grants toreveal the public benefits of stable cultural organizations.

8. Widely and effectively disseminate information about theCultural Trust through various means and media andmaintain web site with helpful and up-to-date informationregarding the Trust.

GOAL 4.Grow and maintain public trust in the Cultural Trust

Though often the least glamorous of all aspects, the effectivemanagement of Trust operations to the highest standards of public accountability and the focused deployment of its limitedresources are essential to safeguard its viability and position as asteward of public and private funds and engendering publicconfidence in its worth.

Thus the following objectives:1. Maintain agency management standards and procedures

consistent with State policies and regulations.2. Establish, implement, and maintain grants management

functions that closely monitors grantee performance to ensure accountability, timeliness and accessibility.

3. Establish and implement fiscal management functions to ensure internal control.

4. Oversee agency staffing and personnel management according to established rules, policies and procedures in hiring and supervision while maintaining the highest level of staff performance.

5. Ensure on-going professional development for Board and Staff.6. Procure the required annual certified audit of the Fund.7. Ensure the implementation of the Open Public Records Act and

the public’s appropriate and timely access to public information.

The Historical Society of Princeton

TheNewarkMuseum

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Ten Year Fundraising Goal: $200 million(for investment in the Cultural Trust Fund OR the endowments of qualified groups)

Private Sector: $100 million goal - $38,493,709 raised to dateState: $100 million goal - $23,520,000 appropriated to date

CULTURALTRUSTFUND

$50,000

I.PRIVATE SECTOR DONATIONTO THE

TRUST FUND

EXAMPLE: $25,000

1:1 STATE MATCHTO THE

TRUST FUND$25,000

LEVERAGES

CULTURALTRUSTFUND

$25,000

ENDOWMENT OFQUALIFIED

ORGANIZATION$25,000

II.PRIVATE DONATION TOENDOWMENT OF

QUALIFIED ORGANIZATION

EXAMPLE: $25,000

1:1 STATE MATCHTO THE

TRUST FUND$25,000

LEVERAGES

FUND RECEIVES $100,000 FROM STATE.

KEEPS 80% OR $80,000.PAYS 20% OR $20,000 TO

ENDOWMENT OF QUALIFIEDRECIPIENT GROUP.

FUND =$80,000

ENDOWMENTRECEIVES$100,000

FROM PRIVATE SOURCE$ 20,000

FROM TRUST FUND

ENDOWMENT =$120,000

III.CERTIFIED LARGE GIFT DONATIONTO ENDOWMENT OF

QUALIFIED ORGANIZATION

EXAMPLE: $100,000

1:1 STATE MATCHTO THE

CULTURAL TRUST FUND OF$100,000

LEVERAGES

TheWays Donations are Matched by State Funds

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The Nai-Ni Chen Dance Company, Photo by Michael Cuno

Count Basie Theatre

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Atlantic CountyAtlantic CityThe Absecon Lighthouse Inlet Public/Private Association willredevelop the recently restored Lighthouse’s membership programutilizing new technology to create membership materials whilemore effectively serving growing audiences.$15,000

LinwoodThe South Jersey Cultural Alliance will establish a cash reserveto ensure the continuation of programming through times ofdiminished cash flow as funds will be replenished through earnedincome and will enable the organization to serve its membershipwith greater confidence in its financial stability.$7,500

Burlington County BurlingtonThe Burlington County Historical Society will utilize funds todevelop a strategic plan that will enable better use of its resourcesto more effectively meet audience needs.$12,000

Mount LaurelThe Alice Paul Centennial Foundation will develop andimplement a technology plan to improve the organization'soperational systems and enhance its ability to answer theincreasing demand for educational programs and initiatives thatfocus on the life and work of Alice Paul.$7,000

Camden CountyHaddonfieldThe Haddonfield Symphony will develop a 3-5 year strategicplan that will address board development and governance; artisticand educational programming; marketing; and, revenue generation.$19,900

The Walt Whitman Arts Center will create an interestbearing/working capital account that can be increased and/orreplenished as needed to address intermittent cash flow shortages.$15,000

Cape MayCape MayCape May Stage will upgrade existing technology and tools forbox office accounting and fund raising/development activities thatwill enable more cost effective and efficient recording, tracking,reporting and acknowledgement of audience attendance anddonor databases.$11,900

Rio GrandeThe Naval Air Station Wildwood Aviation Museum willdevelop a plan for leadership succession to ensure the futureadvancement of the organization.$5,950

Cumberland CountyPort NorrisThe Bayshore Discovery Project will mobilize a team to articulateand implement a plan to broaden its base of support and addressfinancial challenges through the development of a marketing planthat will capitalize on the organization’s assets to build a statewidesupport base.$12,500

Essex CountyMillburnThe Paper Mill Playhouse will launch an audience developmentinitiative to evaluate existing marketing programs and conductfocus groups as well as a market survey that will allow theorganization to move beyond assumptions and more accuratelyidentify and cultivate future diverse audiences.$20,000

MontclairLuna Stage will implement a comprehensive fundraising plan andhire additional staff to achieve its development goals.$14,700

The Montclair Art Museum will conduct and analyze marketresearch to inform and enhance its highest ever level ofmembership and upgrade development software. Staff training toincrease efficiency and effectiveness to maintain, expand andimprove its strategic fundraising initiatives will be implemented.$20,000

NewarkThe Newark Museum Association will implement an extensivevisitor intercept market research project to determine the interests,needs, and mindset of New Jersey's cultural audience that willenable more effective service to their current audience whileattracting new participants to increase its financial and institutionalstability. Project results will be disseminated to New Jersey’s culturalinstitutions for usage in improving audience building strategies.$15,000

Newark Public Radio, Inc. will update its business plan to reflecttechnological innovations and prepare for venture opportunitiesthat may position Jazz 88 for continued growth, stabilization and advancement.$20,000

The Newark School of the Arts will implement a fundraisinginitiative to assist the Board and staff in developing materials andraising capital funds for its facility expansion project and moniesfor the cash reserve fund.$19,900

The New Jersey Historical Society will implement prospectresearch and staff development as phase two and three of theirSpecial Campaign for Excellence to diversify fundraising sourcesand stabilize revenues.$10,000

Institutional & Financial Stabilization Grants

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Hunterdon CountyLambertvilleThe Lambertville Historical Society, Inc. will assess its organizationalcapacity, undergo development training and create fundraising plans inorder to identify core constituencies, broaden gift income, stabilize itscapital structure and build long term fundraising capability.$12,000

Mercer CountyPrincetonThe Historical Society of Princeton will develop a preservation planfor a recently purchased historic farm that will document the history ofthe farm, assess the condition of its buildings, and suggest interpretivestrategies in order to make the most effective use of the farm.$12,000

TrentonPassage Theatre Company, Inc. will create a working capital fund thatwill serve as a separate interest-bearing account allowing programmingand operations to proceed smoothly while avoiding loan interest.$20,000

Preservation New Jersey, Inc. will audit present communications andmarketing methods to develop a strategic communications plan that willbroadly and cost effectively reach a more diverse and younger audience.$7,500

Monmouth CountyFreeholdThe Monmouth County Historical Association will launch amembership development and public outreach program to increaseand diversify its base of community support thereby providing greaterpublic participation and financial stability.$8,076

Long BranchThe New Jersey Repertory Company will broaden its base ofcontributed income by expanding its administrative infrastructure tostrengthen financial stability and advance its overall programming.$14,500

ManasquanAlgonquin Arts’ development department will upgrade technology,expand staff and train new Board members for an increased role infundraising to solidify a base of support that will ensure futurefinancial stability.$18,700

Red BankCount Basie Theatre, Inc. will establish a Community DevelopmentProgram that utilizes alternative methods to attract broader audiences,forge new partnerships with community organizations and increase thecapacity of its marketing program.$13,700

The Monmouth County Arts Council will provide professionaldevelopment opportunities to integrate fundraising and accountingprograms into its administration department.$14,500

Morris CountyMadisonPlaywright’s Theatre of New Jersey, Inc. will hire developmentstaff to increase community participation in its New PlayDevelopment Program, the New Jersey Writers Project and itspublic classes through improvements in marketing and advertising.$20,000

MorristownThe Canal Society of New Jersey will develop a Financial/Sustainability plan to raise income, recruit and train board andvolunteers, and create a membership program and staffing plan.$8,500

The Macculloch Hall Historical Museum will develop acomprehensive Historic Building Master Plan in order to balancethe maintenance and preservation requirements of the siteaddressing its need to develop and maintain collections, exhibits,educational and operational activities.$15,000

The South Street Theater Co., Inc. will upgrade its fundraisingand development software to enable improved collection andanalysis of data; better tracking of campaigns and programs; and,improved maintenance of individual donor, corporate, governmentand foundation gifts.$10,000

Ocean CountyLoveladiesThe Long Beach Island Foundation of the Arts and Scienceswill develop a strategic and business plan to provide the tools tobecome a leading arts provider in southern Ocean and secure longterm sustainable growth.$14,700

Toms RiverThe Ocean County Historical Society will establish a workingcapital fund to provide revenue for the maintenance of its facilities.$10,000

Salem CountyElmerAppel Farm Arts and Music Center will redesign and maketechnical upgrades to its web site to improve box office capabilitiesand site navigation that will increase its ADA compliance forrapidly growing and diverse audiences.$10,000

SalemThe Salem County Historical Society will plan and beginimplementation of a five-year membership enhancement campaign.$14,474

Appel Farm, Photo by N. Schaller

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Camden CountyOaklynRitz Theatre Company Inc. ~ The Ritz Theatre This 1927 Classical Revival vaudeville theatre operated as a moviehouse until 1985 when the Ritz Theatre began offering itsperformances. Today the Ritz Theatre is a popular family venuefeaturing its original ticket booth, marquee and Neoclassical murals.

Project funding will underwrite roof replacement constructioncosts to preserve the Theatre, thereby protecting it from harshweather conditions and rendering it more accessible and safe forpatrons and staff.$12,800

Cape May CountyCape MayGreater Cape May Historical Society ~ Memuchan Hughes House, Colonial House Museum Contributing to the Cape May Historic District, the MemuchanHouse, constructed between 1765 and 1820, represents life prior tothe Victorian era and is a local architecturally significant examplefeaturing heavy timber framing and back-to-back fireplaces.

The Historical Society will stabilize a bulge in a weight- bearingwall to prevent the collapse of the Museum's second story,enabling public visitation and safety.$15,000

Cumberland CountyMillvilleLevoy Theatre Preservation Society, Inc. ~ Levoy TheatreThe Levoy Theatre dates to 1908 and was a theatre and dance hall,enlarged in 1912, 1927 and 1939. Renovated in the 1960's, theTheatre closed in 1974 and was vacant for 20 years until purchasedby the Preservation Society.

The Preservation Society will repair damaged trusses necessary tosupport the proscenium arched roof of the Levoy, which serves as avital cultural hub in the revitalization of Millville.$15,000

Gloucester CountySwedesboroHistorical and Educational Lodge-Hall Preservatory ~ Richardson Avenue SchoolBuilt in 1931 as a two-story Masonic Lodge in the heart ofSwedesboro's African American residential district, the Hall wasused from 1931-1942 as a "separate but equal" school for AfricanAmerican children.

A rainwater conduction system will be installed to stop and correctstructural deterioration of the School.$15,000

Middlesex CountyJamesburgJamesburg Historical Association ~ Enley-Mount Buckelew HouseJames Buckelew, for whom the town of Jamesburg was named, wasa regional leader in transportation, commerce, industry, agricultureeducation and finance. The Mansion, also known as Lakeview, hasbeen unalterd since the 19th century and is an example ofvernacular Italianate domestic architecture.

A wall adjacent to an existingfield stone wall will beconstructed in order to address asettling problem caused bywater, which is affecting thestructure of the 1685 House.$15,000

Morris CountyBoontonHistorical Society of Boonton Township ~ The Decker-Kincaid HomesteadBuilt in several stages beginning in 1785, the Homestead is anexample of a typical rural farmhouse with the exception of its folkart and "spooning" painted hallways, a black and white swirlingpattern made with a spoon.

The Historical Society will replace the heating system vital to preservethe Homestead's rare, vernacular decorative wall art dated 1837.$12,000

MorristownMorris Museum ~ Frelinghuysen "Twin Oaks" MansionRecently certified for listing on the NJ and National Registers ofHistoric Places, the 1913 Peter B. Frelighuysen House /Twin OaksMansion was designed by McKim, Mead and White. Twin Oakshas housed the Morris Museum since 1964.

The Museum will extend its existing automatic fire suppressionsprinkler system in the basement of the Mansion in order toconform to NJ public facility fire codes.$5,225

Passaic CountyHaledonAmerican Labor Museum/Botto House National Landmark ~ The Pietro & Maria Botto HouseSilk workers, Pietro and Maria Botto constructed the Botto Housein 1908. A National Historic Landmark, the House was the meetingplace for striking silk workers during the 1913 Patterson Silk Strike.

Project funding will support a restoration plan to remedy a waterdamage problem to preserve the collection, office space andfoundation of the Botto House.$14,975

Capital Historic Preservation Project Grants(approved October 2004)

The Meadows Foundation, Tulipwood House >

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Salem CountySalemSalem Old House Foundation ~ Abel and Mary Nicholson HouseThe nearly unaltered, 18th century Nicholoson House is unique forits checkerboard patterned-brick architecture, diamond pattern and1722 east gable elevation.

The Foundation will restore the masonry of the structure in orderto maintain its historic integrity.$15,000

Somerset CountySomersetThe Meadows Foundation, Inc. ~ Tulipwood HouseTulipwood House is an architecturally important local example of theShingle Style design. Eligible for the NJ State Register of Historic Places,Tulipwood was designed by architect Detlef Lienau Sienau who alsodesigned Shingle Style buildings in New Brunswick and Newport, RI.

The front porch of the rare shingle-style Dutch revival, 1892 House willbe repaired in order to secure its damaged structural foundation.$15,000

Warren CountyHopeHelp Our Preservation Effort ~ The Long HouseThe style of The Long House and its continued relationship to thecommunity make it an important building in the Hope Historic District.The Long House retains a great deal of integrity and indicates changingbuilding patterns through its framing methods, fenestrations, etc. Builtof stone in the 1770's (common to the Hope Moravian community),four additions of either heavy timber or balloon framing were added.The last phase was completed in the 1840's.

Help Our Preservation Effort will utilize funds for the roof structuralrepair project of The Long House which was built in five phases, from1777 to 1870, and illustrates the development of Hope.$15,000

Salem Old House Foundation, Nicholson House

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Atlantic CountyAtlantic CityThe Absecon Lighthouse Inlet Public/Private Associationimproves and maintains the quality of life in the Atlantic City Inletby preserving its history through the care and interpretation ofhistoric sites, and advocates for the execution of Inlet development.

The Chicken Bone Beach Historical Foundation, Inc. createspride in African American heritage and promotes family values andunity through the celebration of Black history.

HammontonThe Hammonton Arts Center is a multi–disciplinary arts groupthat encourages participation, growth, appreciation and promotionof primarily the visual arts by offering art classes, workshops,lectures and sponsoring exhibitions of members and students inHammonton and its surrounding areas.

Linwood The South Jersey Cultural Alliance encourages participation ofresidents and visitors in the cultural life of Southern NJ andstrengthens the region’s nonprofit cultural organizations byproviding programming, management development, collaborativemarketing opportunities, and a communications and networkingforum for Southern colleagues.

MargateSave Lucy Committee, Inc. preserves and interprets Lucy theElephant as a historic tourist attraction that represents the historyof Margate and the growth of NJ’s seaside resort communitiesduring the late 19th century.

Bergen CountyDemarestAll Seasons Chamber Players promote public awareness andfoster appreciation of chamber music in order to increase anddevelop future audiences.

The Old Church Cultural Center School of Art is devoted to theprinciple that art and craft are inseparable and provide serious andsensitive guidance in craft education.

EnglewoodArts Horizons fosters the personal development of youth byproviding quality arts programs and activities to schools andcommunities.

Fort LeeThe Nai-Ni Chen Dance Company is a multi-ethnic Companythat brings the rich tradition of Chinese Art into the contemporarydance world.

Ho-Ho-KusThe Friends of the Hermitage, Inc. restores, maintains andinterprets the Hermitage to a diverse audience of students,scholars and the general public with its archives and collections asthey relate to local, regional and national history beginning in 1740.

ParamusPro Arte Chorale is a volunteer chorus that encourages greaterappreciation of choral music through performance and educationalservices that provides unique opportunities for diverse singers toachieve professional musical standards.

RidgewoodThe Leonid Kozlov Dance International, Inc. offers qualitytraining in dance and theatre to young students and providesprofessional performances and lecture/demonstration workshopsto diverse audiences.

TeaneckThe Teaneck Cultural Arts Coalition, Inc. serves the artists andresidents of its community by celebrating multi-ethnic diversityand offers professional development by sponsoring events thatshowcase its artists’work.

TenaflyThe Sutton Ensemble performs world-class chamber music fordiverse audiences in conventional and unconventional locations.

Qualified Organizations

The Nai-Ni Chen Dance Company, Coin Stick Dance, Photo by Carol Rosegg >

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Burlington CountyBordentownThe Community Concert Association of Bordentown, Inc.provides an annual series of economically and ADA accessible, multi-ethnic programs that feature internationally acclaimed NJ artists.

Browns MillsThe Whitesbog Preservation Trust restores the land, sites andbuildings at Whitesbog and provides educational and interpretiveprograms and materials about the history, culture, and naturalenvironment of Whitesbog.

BurlingtonThe Burlington County Historical Society encourages researchto interpret the history of Burlington County through educationalprograms, projects and pursuits.

MarltonThe Center for the Arts in Southern New Jersey is a serviceorganization that provides professional development opportunitiesto Southern NJ artists, and increases arts participation among itsresidents.

MoorestownThe Perkins Center for the Arts is dedicated to excellence in thearts and to providing a wide range of creative opportunities forpeople of all ages at every level of artistic development with thebelief that artists and the language of the arts is ideal for perceivingand interpreting the complex modern world.

Mount LaurelThe Alice Paul Centennial Foundation celebrates the legacy ofsuffragist leader and Equal Rights Amendment author, Alice Paulby encouraging women and girls to assume leadership andcontinue advocacy for women’s rights by preserving her familyhome, Paulsdale, as an inspirational and educational site.

Camden CountyCamdenThe Puerto Rican Culture and Arts Center/Puerto Rican &Latino Culture and Arts Center preserves and fosters a greaterawareness of Latino heritage through the provision ofcultural/educational services to Latino and non-Latino populationswhile supporting the educational, artistic and professionaldevelopment of Latino Americans.

The Settlement Camden School of Musical Arts increasesaccess and education in the arts for Camden area residents of allages by offering low cost music and dance instruction withscholarships based on need, level of ability and progress.

The South Jersey Performing Arts Center assists families,audiences, and artists of Southern NJ by providing programmingthat satisfies the need for affordable artistic and educationalopportunities close to home.

CollingswoodThe Camden County Historical Society collects, preserves anddisseminates the history of Camden and Southern NJ in order toserve educational and civic purposes for the region.

HaddonfieldThe Haddonfield Symphony provides training for tomorrow’sorchestral musicians, music directors, soloists and audiences bypresenting well-rounded, artistically excellent educational programs.

The Walt Whitman Arts Center promotes economic and socialprogress in Camden by providing multi-disciplinary art educationactivities for youth; opportunities for broader based participation inthe arts; and, supports regional artists engaged in qualitytraditional and non-traditional work significant to working people.

OaklynThe Ritz Theatre Company, Inc. is a creative partnership oftheatrical artists and audiences in which outreach programs usethe power of live theatre to educate and inform Delaware Valleyresidents.

Save Lucy Committee, Inc., Lucy the Elephant

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Cape May CountyCape MayCape May Stage provides professional Equity theatre thatemphasizes acting in an intimate setting to Cape May residentsand visitors, and fosters arts education in academic and non-traditional venues.

The Center for Community Arts is a multi-cultural organizationthat builds community and civic awareness for residents andvisitors of the Lower Cape by embracing diversity to foster creativeinclusiveness, and develops cultural programs for traditionallyunder-served audiences.

The East Lynne Company produces, studies and preservesAmerica’s theatrical heritage by presenting American Stage classicsand contemporary plays relating to America’s rich theatrical andliterary history.

The Friends of Cape May Jazz, Inc. encourage appreciation ofJazz as an American art form through the presentation of concerts,festivals, educational programs and jam sessions in order todevelop and maintain Cape May as the hub for jazz in the Mid-Atlantic region.

The Friends of the Ocean City Historical Museum, Inc.maintain and operate Ocean City’s Historical Museum, collect,preserve and display the City’s historical objects, and offereducational and cultural programs.

Historic Cold Spring Village is an open-air, living historymuseum that functions as an educational, historical and literaryfoundation by conducting and sponsoring literary and artisticendeavors through displays, publications, live performances, films,traveling and loan exhibits representative of the 1800’s.

The Mid-Atlantic Center for the Arts is a multifacetedorganization committed to promoting the preservation,interpretation, and cultural enrichment of the Cape May region forits residents and visitors.

Ocean CityThe Friends of the Ocean City Pops promote excellence in theprogramming, performance, and continuing development of theOcean City Pops Orchestra.

Rio GrandeThe Naval Air Station Wildwood Aviation Museum educatesstudents and the public about military aviation and NJ historyrelated subjects.

Cumberland CountyMillvilleThe Millville Army Air Field Museum maintains the MillvilleArmy Air Field, home of its primary training plane, the Republic P-47 Thunderbolt, and is an accessible repository where education,research, and historical materials document the development ofaeronautics.

Wheaton Village celebrates and shares the creative spirit ofAmerican glass and other craft.

Port NorrisThe Bayshore Discovery Project encourages public awareness ofenvironmental protection and the history and culture of theBayshore region through outreach and educational programs.

Essex CountyBloomfieldThe Oakside Bloomfield Cultural Center preserves and restoresthis significant historic site, promotes awareness of thecommunity’s history and celebrates all forms of cultural expression,past and present.

Cedar GroveThe Center for Italian & Italian American Culture, Inc. willcommemorate Christopher Columbus with a multi-disciplinaryliving memorial to preserve Italian Heritage and stimulate apositive image and role model for Italian American youth.

MaplewoodThe Youth Orchestra of Essex County provides professionalmusic training as well as opportunities to participate in orchestralexperiences to elementary and high school age students in Essexand surrounding areas.

MillburnThe Paper Mill Playhouse, the State Theatre of NJ, is aprofessional arts center committed to serving diverse audienceswith productions that preserve the rich heritage of plays andmusicals.

Montclair12 Miles West Theatre Company is a professional Equity theaterdedicated to supporting the work of NJ theatre artists bydeveloping and presenting original and lesser known plays byemerging and established playwrights as well as promoting thearts through education and family theatre programs.

ArtsPower, Inc. is a national touring theatre that producesrecognized, professional theatre intended to nourish children’s loveof theatre, deepen their connection to pro-social values, and instillin them what it means to be a good person in heart, mind, and deed.

Luna Stage is a culturally diverse, community committed theatregroup that seeks to create an environment that is inclusive of themany voices in our society that fosters the creativity of performingartists in all disciplines.

The New Jersey Cultural Trust Qualified Organizations (continued)

The Naval Air Station Wildwood Aviation Museum, Photo by Joseph E. Salvatore, MD

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The Montclair Art Museum provides an environment in which abroad audience of children and adults can develop a greaterawareness, understanding, and appreciation of the dynamicrichness and variety of the art created in America and its relevanceand value to their lives.

The Montclair Historical Society stimulates and supports astrong sense of community by engaging residents and visitorsthrough programs, exhibits, and conservation and interpretation ofits historic sites and collections.

The New Jersey Music Society includes diverse audiences intheir programming and enriches cultural life in the Tri-state area bypresenting traditional and innovative concerts and educationalprograms.

Sharron Miller’s Academy for the Performing Arts, Inc.provides comprehensive developmental training designed to buildskills, stimulate creativity and foster self-discipline and self-esteemamong multi-ethnic children, teens and adults.

NewarkThe African Globe Performing Arts Organization presents,celebrates and cultivates the diverse artistic and literary heritagethat represents people of African descent.

Aljira, A Center for Contemporary Art enhances cross-culturaldialogue to enable inclusiveness, diversity and a betterunderstanding of the times in which we live through the visual arts.

The Newark Boys Chorus School inspires a love for learning, aquest for excellence, and a compassion for humanity throughmusic education.

The Newark Museum Association serves local, regional, nationaland international communities promoting art and scienceeducation with its collections that are intended to inspire andtransform individuals of all ages.

The Newark Performing Arts Corporation/Newark SymphonyHall enhances the cultural and community life of the citizens ofthe greater Newark area by presenting programs of artistic integrityin first class facilities for classical, ethnic, popular and communityarts groups, and for arts education and civic/social organizations.

Newark Public Radio, Inc. champions jazz and serves as acultural beacon that educates and entertains local, national andinternational audiences.

The Newark School of the Arts provides accessiblecomprehensive and sequential arts education and performances bystudents, faculty and guest artists.

The New Jersey Historical Society is a statewide historicmuseum, library, and archive dedicated to collecting, preservingand interpreting the rich and intricate political, social, cultural andeconomic history of NJ.

The New Jersey Performing Arts Center aims to be a world-class cultural landmark that is community-centered by embracingthe diversity of NJ.

The New Jersey State Opera presents quality operaticperformances to educate and foster appreciation among multi-generational New Jerseyans and offers a programming alternativeto the opera productions presented by other major operacompanies in the Tri-state area.

The New Jersey Symphony Orchestra performs symphonicrepertoire in a variety of settings for diverse audiences and is anationally recognized orchestra and cultural leader in musiceducation for all ages.

South OrangeDreamcatcher Repertory Theatre invokes altruism by presentingintimate stories that reflect our lives, relationships and modernworld that enables a bond between artists and audience andcultivates the empathetic spirit in youth.

VeronaThe Pushcart Players have been pioneers in providing Arts BasicTo Education programming that fosters in-depth understanding andappreciation of the arts, direct learning and participation in art, andenhances development in other areas of learning through the arts.

West OrangeTheater Under the Stars offers low-cost theater to reach multi-generational, economically and physically disadvantaged audiences.

Gloucester CountySwedesboroThe Historical and Educational Lodge-Hall Preservatory, Inc.implements arts and history education programs to enlighten thepublic about the 1931 Richardson Avenue School , the last adaptedschool for “separate but equal”education of African Americanchildren in NJ.

WenonahLauda! Chamber Singers is a select chamber ensemble committedto educating and entertaining diverse audiences in Southern NJ.

WoodburyGloucester County Historical Society encourages the protectionand preservation of Gloucester, NJ and Delaware Valley historiclandmarks through historical research and publications.

The Montclair Art Museum

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Hudson CountyGladstoneSave Ellis Island!, Inc. is dedicated to raising awareness andfunds necessary to preserve Ellis Island’s historic buildings.

Jersey CityThe Jersey City Museum promotes pride in Hudson bypreserving and interpreting collections of material culture from theregion and stimulates community participation in the visual artswith special attention given to Hudson’s contemporary artists.

The Kennedy Dancers provide professional developmentopportunities for dancers and offer performances to theMetropolitan area.

The Liberty Science Center is an innovative learning resource forlifelong exploration of nature, humanity and technology thatsupports informed stewardship of the world and the growth of thisdiverse region.

Hunterdon CountyClintonThe Hunterdon Museum of Art provides programming thatencourages appreciation of, understanding of and involvementwith art through exhibitions, outreach/education and interpretativeprograms.

The Red Mill Museum Village preserves, maintains and presentsthe social, agricultural, and industrial heritage of Hunterdon and itssurrounding area from 1763 with its extensive artifact collectionand outreach/education programs.

LambertvilleThe Lambertville Historical Society, Inc. maintains andinterprets the James Wilson Marshall House and promotescommunity awareness and appreciation of Lambertville historyand architecture.

The Riverside Symphonia serves mid-western NJ and easternPennsylvania with its accessible performances by composers fromall periods to foster the appreciation of our diverse cultural, musicalheritage.

The Roxey Ballet advances and preserves the art of dance in NJ,with particular emphasis in NJ’s northwestern counties.

Mercer CountyLawrencevilleLawrence Historical Society preserves and promotes the historyof Lawrence Township.

PrincetonThe American Boychoir School seeks to produce a world-classmusical performance organization with a distinctive Americanvoice, and to create a truly national choir that provides exceptionaleducation programs for musically talented, diverse boys.

The Historical Society of Princeton is a museum and librarydedicated to interpreting the history of Princeton.

Historic Morven, Inc. is an 18th century house and gardenmuseum and cultural center that preserves and manages thenational historic property and its collections as a cultural,educational, and historic resource.

McCarter Theater strives to present diverse classic andcontemporary plays that reflect and invite comparison amongvarious aspects of American culture and the universal humanexperience to multi-ethnic and generational audiences.

Princeton Pro Musica fosters appreciation of chorus and orchestraby presenting contemporary and multi-cultural masterworks.

Princeton Symphony Orchestra enhances demographically andgeographically diverse audience appreciation of well known andless familiar classical compositions through lectures andpresentations, and provides performance opportunities for NJmusicians.

Young Audiences of New Jersey establishes the arts as anessential part of young people’s education in order to develop theirpotential as creative and productive individuals.

TrentonThe Boheme Opera provides superior operatic productionsthrough its performances, outreach programs, and inclusion ofmulti-ethnic artists.

The Foundation for New Jersey Public Broadcasting supportsNew Jersey Network and its production of multiplecommunications programs and services that emphasize NJ issues,events, people, arts, culture and education.

The Friends of the New Jersey State Museum support theprograms and collections of the New Jersey State Museum andseek to increase public knowledge of, and further artistic, scientificand cultural development in NJ.

The Hamilton Ballet Theatre, Inc. performs and educates thepublic and under-served senior and physically disadvantagedpopulations.

The New Jersey Cultural Trust Qualified Organizations (continued)

The American Boychoir at the Crystal Cathedral

25

The New Jersey Council for the Humanities develops, supportsand promotes projects that explore and interpret the humanexperience, foster cross-cultural understanding and engage peoplein a dialogue about matters of individual choice and publicresponsibility.

Passage Theatre Company, Inc. is Trenton’s oldest professionalTheatre Company that contributes to the rebirth of the vitality ofNJ’s capital city by developing a theatre-going culture that willdraw its audience both from the city and surrounding suburbs.

Preservation New Jersey, Inc. protects and promotes the State’shistoric resources, communities and landscapes through educationand advocacy.

The Trent House Association enhances the historical integrityand interpretation of the William Trent House Museum.

Middlesex CountyMetuchenThe Forum Theatre Company/Entr’Acte, Inc. is committed todeveloping new generations of theatre audiences by offering mainstage and family productions with programming that includes thework of NJ artists and features world and NJ premieres.

New BrunswickGeorge Street Playhouse provides professional main stageproductions, outreach programs and organizational initiatives andserves as an artistic, educational and social resource that assuresaccess to the broadest possible spectrum of citizens.

The Institute for Arts and Humanities Education providesinnovative, inter-disciplinary programs in the arts and humanitiesto students, their teachers and their families with emphasis onserving at-risk and under-served communities.

The Middlesex County Regional Council for the Arts offersmulti-disciplinary artistic programs for children and adolescents at

the Middlesex County Arts High and Middle School.

Rutgers Film Co-Op/New Jersey Media ArtsCenter, Inc. is dedicated to the non-commercialexhibition of the media arts and to furthering mediaarts education.

The State Theatre Regional Arts Center enrichesthe lives of people from diverse backgrounds in NJand contributes to a vital urban environment bypresenting fine national and international

performing arts, and offers arts education toinform and build future audiences.

North BrunswickThe New Jersey Museum of

Agriculture showcases andcommunicates the unique role of theGarden State in the growth anddevelopment of agriculture and theimpact of its contributions to societyover time.

Monmouth CountyFreeholdThe Center Players, Inc. provide actors, directors and creativepeople the opportunity to pursue their craft while offering diverseaudiences educational programs and performing arts productions.

The Monmouth County Historical Association collects,preserves, and interprets its extensive museum, library, and archivalcollections that relate to Monmouth history and culture, andmakes resources available to the widest possible audience.

Long BranchThe New Jersey Repertory Company is dedicated to introducingaudiences to dynamic new plays with diverse themes whilecreating an atmosphere in which classics can take on a fresh lookand neglected plays can find a home.

ManasquanAlgonquin Arts provides cultural enrichment and educationalenhancement of the highest artistic quality to central NJ residentsthrough live performance, film and educational programs and services.

Ocean GroveThe Historical Society of Ocean Grove preserves and restoresthe Victorian heritage of Ocean Grove while maintaining itspresent environment and assisting in the future development ofOcean Grove in harmony with its past.

Old BridgeThe Heart of New Jersey Chorus, a chapter of Sweet AdelinesInternational, is a chorus of multi-generational women fromseveral NJ counties that strives to make arts accessible to broadand under-served audiences.

Red BankCount Basie Theatre, Inc. is a performing arts center thatproduces and presents quality arts programs and activities topromote appreciation and understanding of the arts.

The Monmouth Civic Chorus presents a variety of choralrepertoire and strives to enrich and engage multi-ethnic andgenerational audiences while offering volunteer artists theopportunity to further develop their musical talent.

The Monmouth County Arts Council promotes artisticexcellence and public interest in the arts and provides assistanceand services to arts organizations, institutions and individuals.

Two River Theatre Company presents work of significantcommunality with the belief that theatre is a necessary institutionfor society to maintain a truly human discourse.

ShrewsburyThe Shrewsbury Chorale provides opportunities for local singersto participate in concerts and fosters appreciation of choral music.

Preservation New Jersey, The Nipper Building

26

Morris CountyBasking RidgeThe Colonial Symphony sustains and nurtures outstandingorchestra for northern NJ by presenting artistically meritorioustraditional and contemporary classical music, and enhances musicalunderstanding and performance skills with its education outreach.

Cedar KnollsThe New Philharmonic of New Jersey offers a complete range ofmusical programming that educates youth and the community aboutfine music and provides performance opportunities for musicians.

ChathamThe Solid Brass Chamber Music Guild, Inc. strives to be apremiere brass chamber music ensemble performing repertoirethat spans six centuries and encourages student education throughperformances, clinics and workshops.

DoverThe Community Children’s Museum provides children interactive,stimulating and artistically inspiring exhibits and programs.

IroniaThe Historical Society of Old Randolph preserves tangible linksto Randolph’s heritage and produces public education of OldRandolph as established in 1805 through the collection andpreservation of its artifacts and historic materials.

MadisonThe Arts Council of the Morris Area enhances the arts and theirimpact on the quality of life in Morris.

The Museum of Early Trades and Crafts is an educationalinstitution that explores and presents the history of pre-industrialAmerica through its collections, presentations, and exhibitions ofhand tools and products.

Playwrights’Theatre of New Jersey, Inc. is a community ofprofessional playwrights, theatre artists and art educators thatprovides opportunities for writers to develop their work in anurturing environment and connect with new audiences.

Shakespeare Theatre of New Jersey is the State’s onlyprofessional Theatre company dedicated to the presentation ofShakespeare’s canon and other classic, dramatic entertainment,and educates youth with its multi-disciplinary education program.

Morris PlainsThe Craftsman Farms Foundation, Inc. interprets, restores andpreserves Craftsman Farms and the artifacts and ideals associatedwith Gustav Stickley and the Arts and Crafts movement.

MorristownThe Canal Society of New Jersey fosters the study of the historyof NJ’s two towpath canals and preserves and restores physicalcanal remains and artifacts.

Harmonium, A Classical Choral Society, Inc. performs a diverserepertoire of traditional and untraditional choral music and worksto increase appreciation through concerts, education and outreach.

The Irish American Cultural Institute provides leadership andresources to preserve, interpret, and promote Irish and IrishAmerican cultures.

The Macculloch Hall Historical Museum preserves the history ofthe Macculloch-Miller families and the Morris Area community aswell as the legacy of its founder, W. Parsons Todd through itshistoric site, collections, exhibits, educational and cultural programs.

The Morris County Historical Society discovers, preserves andincreases awareness of Morris, its people and state, regional andnational connections.

The Morris Museum advances the understanding and enjoymentof the visual and performing arts, natural and physical sciences andhumanities through exhibitions, performances and educationalprograms.

The New Jersey Theatre Alliance fosters a collaborative nonprofitenvironment of professional theatre companies and advocates forthe significant role of theatre while strengthening support for diverseNJ theatre and encouraging programs that increase public accessand exposure to, interest in, and understanding of the art of theatre.

South Street Theater Co., Inc. offers diverse performing arts forall segments of the community and is an educational resource thatoffers master classes and internship opportunities.

The Trustees of Morristown Green, Inc. increase publicappreciation of the rich history of the Green, particularly as thecenter of military activity during the American Revolution, throughstatuary installations, publications and educational materials.

NetcongThe Growing Stage Theatre for Young Audiences, Inc. nurturesthe development of the performing arts in its community througheducation, and creates, produces and performs works that engagethe entire family.

The New Jersey Cultural Trust Qualified Organizations (continued)

The Ocean County Historical Society

27

Ocean CountyBay HeadThe New Jersey Museum of Boating, Inc. celebrates the State’srich boating history by preserving, presenting and interpretingboats, marine equipment and materials built and used in NJ.

Beach HavenThe Joseph P. Hayes Theatre, Inc./Surflight Theatre is dedicatedto providing professional, live theatre to the residents and visitorsof Southern NJ while serving as a training ground for youngtheatre performers and technicians.

BrickThe Garden State Philharmonic Symphony Society, Inc.maintains and operates a community orchestra which presentsquality concerts of high cultural and educational value in and forthe community, and provides educational programs that inspire alove of music in youth.

Island HeightsThe Ocean County Artists’ Guild maintains and expands theideals and traditions of the cultural arts in Ocean and stimulatesthe artistic endeavor and public interest in the visual arts.

LavalletteThe Lavallette Heritage Committee, Inc. provides culturalprograms in Ocean through financial support to a variety of artistsand sponsors events to develop cultural expressions by the publicand private sector while increasing public accessibility to the arts.

LoveladiesThe Long Beach Island Foundation of the Arts and Sciences isdevoted to teaching, supporting and enhancing the creative artsand physical sciences with its broad educational and culturalprograms for all ages.

Toms RiverThe Ocean County Historical Society preserves all aspects of thehistory of Ocean and educates its citizens about their historythrough publications, exhibitions, programs and classes.

TuckertonThe Barnegat Bay Decoy and Baymen’s Museum, Inc.preserves, presents and interprets the rich maritime history,heritage and environment of the NJ Shore and the uniquecontributions of its bay men.

Passaic CountyHaledonThe American Labor Museum/Botto House NationalLandmark advances public understanding of the history of work,workers and the labor movement in the United States.

PatersonThe Passaic County Historical Society-Lambert Castlecultivates interest among individuals and in the community atlarge in the history of Passaic.

The New Jersey Museum of Boating

Salem CountyElmerAppel Farm Arts and Music Center provides people of all ages,cultures, and economic backgrounds with a supportive, cooperativeenvironment in which to explore the fine and performing arts.

SalemThe Salem County Historical Society documents, preserves,interprets and perpetuates Salem’s heritage through its research,collections, functions, exhibits, educational programs andpublications for the benefit of future generations and theprosperity of Salem.

Somerset CountyBedminsterThe Somerset Art Association is dedicated to furthering theawareness of the visual arts through quality educationalprogramming accessible to all.

Bound BrookThe Heritage Trail Association creatively celebrates and educatesthe public about NJ’s role in our nation’s history.

SkillmanThe Montgomery Center for the Arts enriches the cultural andartistic life of its community and fosters an appreciation of the artsby presenting innovative programs in the visual and performingarts and arts education.

SomersetThe Meadows Foundation preserves and restores historic siteswith an emphasis on early Dutch and American heritage andencourages public appreciation for local heritage, vernaculararchitecture and the environment with its educational programsand preservation of open space for farmland and historic sites.

WarrenThe Friends of the Jacobus Vanderveer House restore, developand operate the US military Jacobus Vanderveer House as anationally important historic site and an educational andcommunity resource.

The Philharmonic Orchestra of New Jersey, Inc. is aprofessional symphony orchestra that increases public appreciationof classical music through performances and educational offerings.

28

Sussex CountyStanhopeThe Waterloo Foundation for the Arts, Inc. preserves historicWaterloo Village, or Canal Town with public educationalprogramming that includes comprehensive school educationprograms, general public events and outreach programs.

SussexThe Tri-State Actors Theater encourages a theater-going publicwho appreciate the uniqueness of theater as a live art form with itsprofessional productions for children and adults, and youthtraining in theatrical arts.

Union CountyElizabethThe Historical Society of Elizabeth is devoted to the researchand preservation of Elizabeth’s history.

PlainfieldThe Historical Society of Plainfield fosters interest in historythrough educational programs and maintains the Drake HouseMuseum for the City of Plainfield.

The Plainfield Symphony strives to include multi-ethnicaudiences and performers and presents programs designed tostimulate interest in symphonic music while encouraging musicalcreativity in youth, professional and emerging musicians.

RahwayThe Union County Arts Center preserves, restores and operatesthe Rahway Theatre as the Union County Arts Center by raisingfunding and maintaining the Theatre on the State and NationalRegister of Historic Places to provide its citizens with a culturalcenter, increase tourism and revitalize its business district.

SummitThe New Jersey Center for Visual Arts facilitates the study,teaching, practice and enjoyment of the visual arts.

The Reeves-Reed Arboretum is a suburban conservancydedicated to environmental and horticultural education andenjoyment of nature through the professional care andpreservation of this former country estate.

UnionThe Carolyn Dorfman Dance Company creates and producesworks that translate human experience, relationships andcontemporary issues into innovative modern dance that deepensthe understanding of dance as a dynamic and expressive art form.

WestfieldThe Community Players stimulate an interest in drama bypresenting plays and provide a means of artistic expression.

The New Jersey Workshop for the Arts provides opportunities todevelop creative talent and encourages a greater appreciation ofthe arts through instruction and performance.

The Westfield Historical Society encourages community interestin matters of historical significance related to Westfield industry,agriculture, arts and sciences.

The Westfield Symphony Orchestra promotes the world’s legacyof symphonic and operatic music to Westfield, Union County, andNJ residents and involves them in this rich heritage throughperformance, education and mentoring.

Westfield Young Artists’ Cooperative Theatre, Inc. is a youthTheatre company dedicated to enabling young artists andtechnicians high quality theatre arts education at little or no cost.

Warren CountyBlairstownThe Hardwick Township Historical Society finds, fosters andrecords all historic sites, photographs and documents relating tothe Township of Hardwick.

HopeHelp Our Preservation Effort is dedicated to the preservation ofthe historic architecture and heritage of the Village of Hope andthe enhancement of the community in general.

PhillipsburgThe Northwest Jersey Folklife Project, Inc. integrates traditionalarts and skills by identifying, researching, recording and archivingthe folk arts and folklife of northwest NJ and seeks to establish aregional folk archival and educational center for the public toincrease intercultural sharing.

The New Jersey Cultural Trust Qualified Organizations (continued)

Reeves-Reed Arboretum/Wisner House, Photo by Dwight Hiscano

29

BERGEN

CAPE MAY

CUMBERLAND

ESSEX

ESSEX

ESSEX

ESSEX

ESSEX

ESSEX

HUDSON

HUNTERDON

MERCER

MERCER

MERCER

MERCER

MIDDLESEX

MONMOUTH

MORRIS

MORRIS

SOMERSET

The New Jersey Cultural TrustAdjusted Summary Round I and II as of June 30, 2004

Certified Donations and Large Gift Payments

CULTURAL TRUST FUND

FRIENDS OF THE HERMITAGE

HISTORIC COLD SPRING VILLAGE

WHEATON VILLAGE, INC.

ALJIRA, A CENTER FOR CONTEMPORARY ART

NJ PERFORMING ARTS CENTER

NJ SYMPHONY ORCHESTRA

THE NEWARK MUSEUM

NJ CHAMBER MUSIC SOCIETY

WBGO, NEWARK PUBLIC RADIO

LIBERTY SCIENCE CENTER

HUNTERDON MUSEUM

MORVEN FOUNDATION

MCCARTER THEATRE

THE AMERICAN BOYCHOIR

PRINCETON PRO MUSICA

THE STATE THEATRE

MONMOUTH COUNTY HISTORICAL ASSOCIATION

THE MORRIS MUSEUM

NJ SHAKESPEARE FESTIVAL

FRIENDS OF JACOBUS VANDERVEER HOUSE

ROUNDING

TOTAL

$00,054,915

100,000

180,000

200,000

10,675,000

5,273,878

4,573,115

2,500

-

300,000

395,091

500,000

737,221

1,437,790

25,000

-

7,000

1,084,595

50,000

-

$25,596,105

$0,0100,000

-

-

8,900,000

1,256,105

565,000

-

430,000

-

-

-

375,499

-

-

250,000

-

-

-

1,000

$11,877,604

$01,020,000

00,054,915

200,000

180,000

200,000

19,575,000

6,529,983

5,138,115

2,500

430,000

300,000

395,091

500,000

1,112,720

1,437,790

25,000

250,000

7,000

1,084,595

50,000

1,000

$38,493,709

$00,200,000

180,000

200,000

19,575,000

6,529,983

5,073,115

-

370,000

300,000

395,091

500,000

1,112,720

1,437,790

-

250,000

-

1,049,595

-

-

$37,173,294

$00,40,000

36,000

40,000

3,915,000

1,305,997

1,014,623

-

74,000

60,000

79,018

100,000

222,544

287,558

-

50,000

-

209,919

-

-

$7,434,659

$00,20,000

34,069

37,574

1,879,886

929,956

806,723

-

-

55,195

71,908

90,344

132,068

255,270

-

-

-

187,088

-

-

(1)

$4,500,000

$00,20,000

1,931

2,426

2,035,114

376,041

207,900

-

74,000

4,805

7,110

9,656

90,476

32,288

-

50,000

-

22,911

-

-

$2,934,658

County Total to be Matched by State

Large GiftsReceived by

Organization

20% of LargeGift Due

Organization

Total Paid Three

Payments

RemainingBalance

Due

Certified Round I

Certified Round II

Recipient

Summary of Round I & II Certified Donations

The Community Theatre,Virsy Ukrainian National Dance Company

30

The Cultural Trust Act calls for the State to provide $10 million a year for ten years to be leveragedby other donations directly to the Trust Fund or the endowments of qualified organizations.

The New Jersey Cultural TrustSummary Contributions - FY 04, as of June 30, 2004

Note: Round III donations of $2,992,494 have been received and are pending Board certification.

ACTUAL STATE CONTRIBUTIONS:

FY 01 $ 3,020,000FY 02 10,000,000FY 03 10,000,000FY 04 500,000Total State: $ 23,520,000

CERTIFIED DONATIONS:

Directly to Fund:Dodge Foundation 1,000,000WJS Foundation 20,000 1,020,000

To Endowments of Qualified Organizations:

Round I 25,596,105Round II 11,877,604 37,473,709

Total Certified Donations: 38,493,709

TOTAL TO DATE: $ 62,013,709

Certified Donations to Date: $ 38,493,709State Match to Date: 23,520,000State Match Still Due to Fund: $ 14,973,709Of the State match still due, $2.9 million is owed to organizations for 20% Large Gift Match.

Summary Contributions – FY 04

Morris Museum, Steve Gerberich and Hannah Fechtner

31

Newark School of the Arts, Photo by Cheri Rogowsky

The American Boychoir, Choir boys by their bus

Algonquin Arts, David Dorfman gives outreach program to seniors

Newark School of the Arts,boy tap dancing,Photo by Cheri Rogowsky

32

CULTURAL TRUST FUND:

STATE MATCH TO DATE: $23,520,000TRANSFER TO ENDOWMENTS: -4,500,000

19,020,000PRIVATE CONTRIBUTION: +1,020,000

$20,040,000

TOTAL INTEREST EARNED 6/30/04: $879,630

THE NEW JERSEY STATE CULTURAL TRUST FUNDING > GOAL: $200 MILLION

S O . . . W H E R E ’ S T H E M O N E Y ? ? ?

STATE DOLLARS- GOAL $100 MILLION PRIVATE DOLLARS- GOAL $100 MILLION

CERTIFIED DONATIONS TO DATE:

TO ENDOWMENTS OF QUALIFIED ORGANIZATIONS:ROUND I - $25,596,105ROUND II - $11,877,604

$37,473,709TO TRUST FUND: $ 1,020,000TOTAL: $38,493,709

STATE MATCH TO DATE:

’01- $ 3,020,000‘02- $10,000,000’03- $10,000,000’04- $10,500,000

TOTAL: $23,520,000

ENDOWMENTS OF QUALIFIED ORGANIZATIONS:

PRIVATE CONTRIBUTIONS: $37,473,709TRANSFER FROM STATE MATCH

FOR LARGE GIFTS: 4,500,000

TOTAL: $41,973,709

JUNE, 2004 FY 04

“So, Where’s the Money?”

THE NEW JERSEY CULTURAL TRUSTBOARD OF TRUSTEES-FY 04

Judith W. Dawkins, Co- ChairJosh S. Weston, Co-Chair

Carol Cronheim,Vice-ChairEsther Silver-Parker, Secretary

Curtis J. BashawDeborah R. Bozarth

Dorothea Benton FrankJ. Seward Johnson, Jr.

Judith Shaw

The Honorable Regena L. Thomas, Secretary of StateThe Honorable John McCormac, State Treasurer

Sharon A. Harrington, Chair, New Jersey State Council on the ArtsThomas Brown, Ph.D., Chair, New Jersey Historic Trust

Joseph Weisberg, Chair, New Jersey Historical Commission

STAFF-FY04

Barbara Fulton Moran, Executive DirectorNancy Alia, Executive Staff Associate

Dina Sollosi Erickson, Administrative Assistant

Left to Right

Peter Chen, Judith Shaw, Deborah Bozarth, Dr. Thomas Brown, J. Seward Johnson, Judith Dawkins,

Thomas Carroll, Carol Cronheim, Barbara Fulton Moran, Carol Herbert, Marc Mappen

THE NEW JERSEY CULTURAL TRUSTP.O. Box 529

Trenton, New Jersey 08625(609) 984-6767

(609) 341-5005 fax

Offices located at:225 W. State Street

Trenton, New Jersey

www.njculturaltrust.org