Columns
Building Neighborhood-Driven Pathways to Neighborhood-Owned Equity
In the summer of 2020, MacKenzie Scott gave a $40 million unrestricted grant to LISC, the largest donation from an individual the organization had received in its 40-year history. Today, that transformative gift is being put to work for racial justice. Scott, whose stake in Amazon has made her one of the planet’s richest people, is beloved in the nonprofit world not so much for her extraordinary wealth as for the manner in which she’s giving it away—with unerring transparency and in pursuit of greater social and economic ...
Creating NJ’s Premier Academic Medical Center
New Brunswick, NJ – RWJBarnabas Health (“RWJBH”) and Saint Peter’s Healthcare System (“Saint Peter’s”) announced that the State of New Jersey has approved their transaction to create New Jersey’s first premier academic medical center (“premier AMC”) located in New Brunswick. “This is a tremendous milestone in a years-long journey towards fulfilling our shared vision to bring transformative care to New Jersey,” said RWJBarnabas Health CEO Barry Ostrowsky. “As ...
Jaffe Morning Briefing
TRENTON – State budget officials have unearthed an unexpected $3.7 billion in the current and upcoming fiscal years, as New Jersey’s revenue stream is stronger than ever. But, for those who think the cash will just keep raining, have you recently checked the stock market? Yes, we all know, money can come in frantically, and then vanish the exact same way. State officials say, over the past two fiscal years, state revenues have skyrocketed because of an “unprecedented surge” in people paying their gross ...
NJ TRANSIT: Working hard for you
NEW JERSEY - COVID-19 temporarily slowed transit ridership, but it did not slow NJ TRANSIT from continuing to improve service and the customer experience for its customers. According to NJ TRANSIT reports, the quest to make improvements to infrastructure and other projects has resulted in NJ TRANSIT advancing over $4 billion to enhance system performance and add new vehicles to the fleet since 2018. Major capital projects that will positively impact millions of riders each year are at the top of the list of planned improvements for NJ ...
