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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.
How is it funded? New Jersey SHARES relies on the generosity of 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 270 community based and government agencies operating in over 324 locations statewide. 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 For further information call us at 609-883-1626. |
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New Jersey SHARES |
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