Rutgers University Foundation

Organization Overview

Rutgers University Foundation is located in New Brunswick, NJ. The organization was established in 1974. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 06/2022, Rutgers University Foundation employed 241 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rutgers University Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Rutgers University Foundation generated $202.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $215.7m during the year ending 06/2022. While expenses have increased by 5.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Rutgers University Foundation has awarded 13 individual grants totaling $776,693,759. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO SUPPORT RUTGERS, THE STATE UNIVERSITY, AND HELP IT ATTAIN EXCELLENCE (CONTINUED ON SCHEDULE O) IN EDUCATION, RESEARCH AND PUBLIC SERVICE BY BUILDING RELATIONSHIPS WITH SUPPORTERS TO RAISE MONEY FOR RUTGERS.

Describe the Organization's Program Activity:

THE RUTGERS UNIVERSITY FOUNDATION RAISES FUNDS TO MEET UNIVERSITY NEEDS AND SUPPLEMENT STATE, FEDERAL AND OTHER SOURCES FOR STUDENTS AND LEARNING INCLUDING SCHOLARSHIPS AND PROGRAMS, FACULTY AND RESEARCH, CAMPUSES AND FACILITIES, AND UNIVERSITY AND COMMUNITY PROGRAMS.


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Board, Officers & Key Employees

Name (title)Compensation
Amy Towers
Director
$0
Ann M Stock
Director
$0
Arthur Certosimo
Director
$0
Atiya Aftab
Director
$0
Bruce Bingham
Director
$0
Bruce P Kerzic
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Ruffalo Noel Levitz Llc
Phone & Mail Fundraising/consulting
$1,357,834
Community Counselling Services Co Llc
Fundraising Consulting
$200,509
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$76,750
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$172,980,071
Noncash contributions included in lines 1a–1f $9,212,112
Total Revenue from Contributions, Gifts, Grants & Similar$173,056,821
Total Program Service Revenue$579,955
Investment income $45,598
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $4,551
Net Gain/Loss on Asset Sales -$355,541
Net Income from Fundraising Events -$4,317
Net Income from Gaming Activities $136,762
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $202,492,280

Grants Awarded

Over the last fiscal year, Rutgers University Foundation has awarded $181,303,815 in support to 3 organizations.

Grant RecipientAmount

RUTGERS UNIVERSITY

PURPOSE: EDUCATION-RELATED/ ATHLETICS

$181,244,400

DOUGLASS ASSOCIATE ALUMNAE

PURPOSE: SUPPORT ASSOCIATIONS PROGRAMS

$9,415

RUTGERS HILLEL CORPORATION

PURPOSE: STUDENT AID

$50,000
View Grant Profile

Peer Organizations

Organization NameAssets
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New York, NY
$727,716,005
Jefferson University Physicians
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$480,062,972
Research Foundation Of The City University Of New York
New York, NY
$501,643,850
Forrestal Agricultural Corporation
Princeton, NJ
$297,459,521
New York University In Abu Dhabi Corporation
New York, NY
$261,770,125
Rutgers University Foundation
New Brunswick, NJ
$202,492,280
Wilkes University
Wilkes Barre, PA
$146,082,857
Foundation Of The State University Of New York At Binghamton Inc
Binghamton, NY
$82,839,756
U B Foundation Activities Inc
Buffalo, NY
$106,388,612
University At Buffalo Foundation Inc
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$46,606,531
Stony Brook Foundation Inc
Stony Brook, NY
$150,444,669
Nyu Langone Mso Inc
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$0
Americans For Ben-Gurion University Inc
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$105,090,161
Anderson Center Services Inc
Staatsburg, NY
$42,886,566
Faculty-Student Assoc Of State University Of Ny At Stony Brook
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$35,496,994
Equitable Facilities Fund Inc
New York, NY
$73,775,771
The American Friends Of Winchester College
New York, NY
$30,173,449
New York University School Of Law Foundation
New York, NY
$28,244,087
Educational And Cultural Trust Fund Of The Electrical Industry
Flushing, NY
$22,944,112
Alvina Reckman Myers Trust
Pittsburgh, PA
$263,049
Ubf Faculty-Student Housing Corp
Buffalo, NY
$24,171,252
Foundation For Indiana University Of Pennsylvania
Indiana, PA
$24,261,569
Friends Of@ascend Charter Schools Inc
Brooklyn, NY
$16,484,620
Hunter College Foundation Inc
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$37,248,838
Rowan University Foundation Inc
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$39,224,287

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