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What is New Jersey SHARES?

 

New Jersey SHARES is a non-profit, 501(c)(3) corporation organized to provide assistance through a statewide, year-round independent energy fund to individuals and families living in New Jersey who are in need of temporary help in paying their energy bills.

Who runs New Jersey SHARES?

New Jersey SHARES is run by a Board of Directors composed of representatives of the state's major energy providers, non-profit corporations and at-large members from our community.

The energy providers are Atlantic City Electric, Jersey Central Power & Light - FirstEnergy Company, New Jersey Natural Gas, Elizabethtown Gas Company, Public Service Electric & Gas Company, Rockland Electric Company, South Jersey Gas Company and The Fuel Merchants Association of New Jersey.

The non-profit agencies are: American Association of Retired Persons, Catholic Charities, Community Health Law Project, Association for Children of New Jersey (ACNJ), New Jersey Community Action Association, Lutheran Office of Governmental Ministry in New Jersey, New Jersey Public Interest Research Group (NJPIRG) and The Salvation Army.

The at-large members from the community are Bayada Nurses, Verizon New Jersey, PNC Bank, Sigrid Franzblau of Riker Danzig and Michael Swayze.

How is it funded?

New Jersey SHARES has several funding sources. It receives tax deductible contributions from individual contributors, corporations, and utility customers. The seven major investor-owned utility companies contribute towards the administrative costs of running this nonprofit organization and provide matching funds for their customer's contributions. The state of New Jersey earmarks up to 75 percent of unclaimed utility deposits as a special fund which is then turned over to New Jersey SHARES for grants to eligible households.

Are the contributions tax deductible?

Yes.

Who does New Jersey SHARES help?

New Jersey SHARES' statewide energy fund provides energy grants to New Jersey residential energy customers who are experiencing a financial crisis, have exhausted all other available sources of assistance and have demonstrated a good faith effort to pay their energy bills.

What are the limits on grants to each individual?

New Jersey SHARES can assist with up to $700 for the heating source (natural gas, oil etc) and up to $300 for electric service, or up to $700 for electrically heated homes. New Jersey SHARES grants, along with good faith payments, and payment arrangements need to either maintain or restore service in order to be approved.

Who determines eligibility for grants?

New Jersey SHARES partners with more than 190 community based and government agencies operating in over 237 locations state wide. These agencies process grant applications which are reviewed for eligibility by our New Jersey SHARES staff. Eligibility for a New Jersey SHARES grant is based upon guidelines set by the New Jersey SHARES Board of Directors .

Where can contributions to New Jersey SHARES be sent?

Contributions can be made online by clicking here, or can be mailed to New Jersey SHARES. The mailing address is:

New Jersey SHARES
1901 North Olden Avenue Extension, Suite 1A
Ewing, NJ 08618

For further information call us at 609-883-1626.


About NJ SHARES | Where To Apply | How You Can Help | Other Programs | Agency Use Only

New Jersey SHARES
1901 North Olden Avenue Extension, Suite 1A | Ewing, NJ 08618
Phone: 609-883-1626 | Toll Free: 866-657-4273 | Fax: 609-883-6364 | Email info@njshares.org
Copyright 1998-2010, NJ SHARES. All Rights Reserved.


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