Civic Intelligence

Rowan University Foundation Inc.

990 • Fiscal year 2014 • EIN 22-2482802

Jul 01, 2013 to Jun 30, 2014 • Filed on May 12, 2015

Organization Profilewww.rufoundation.edu
201 Mullica Hill RoadSuite08028

(856) 256-4119

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

9th percentile

0.01x

Higher debt load relative to assets than 9% of similar nonprofits.

2014 filings • NTEE B • $100M-$250M nonprofits • Source year 2014

Liabilities / Revenue

9th percentile

0.08x

Higher debt load relative to revenue than 9% of similar nonprofits.

2014 filings • NTEE B • $100M-$250M nonprofits • Source year 2014

Net Margin

98th percentile

58%

Higher net margin than 98% of similar nonprofits.

2014 filings • NTEE B • $100M-$250M nonprofits • Source year 2014

Top Officer Pay

62nd percentile

$595,623

Higher top officer pay than 62% of similar nonprofits.

Top officer pay equals 2.4% of source-year revenue.

2014 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2014

Asset Growth

82nd percentile

15%

Faster asset growth than 82% of similar nonprofits.

2014 filings • NTEE B • $100M-$250M nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Balance Sheet
Liabilities / Assets9th percentile

Assets

Up

$191,315,541

Up $24,579,982 (+15%) from 2013

Net Assets

Up

$189,308,170

Up $24,855,484 (+15%) from 2013

Liabilities

Down

$2,007,371

Down $275,502 (-12%) from 2013

Revenue And Expenses
Liabilities / Revenue9th percentileNet Margin98th percentile

Revenue

$25,344,684

No earlier filing loaded for comparison.

Expenses

Up

$10,616,931

Up $430,416 (+4.2%) from 2013

Net Income

$14,727,753

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth82nd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600M$400M$200M$0Assets 2010: $135,013,371Liabilities 2010: $1,707,556Net Assets 2010: $133,305,8152010Assets 2011: $155,800,151Liabilities 2011: $1,863,812Net Assets 2011: $153,936,3392011Assets 2012: $150,342,866Liabilities 2012: $1,913,735Net Assets 2012: $148,429,1312012Assets 2013: $166,735,559Liabilities 2013: $2,282,873Net Assets 2013: $164,452,6862013Assets 2014: $191,315,541Liabilities 2014: $2,007,371Net Assets 2014: $189,308,1702014Assets 2015: $191,389,842Liabilities 2015: $3,182,939Net Assets 2015: $188,206,9032015Assets 2016: $190,066,563Liabilities 2016: $4,055,173Net Assets 2016: $186,011,3902016Assets 2017: $209,624,286Liabilities 2017: $2,085,674Net Assets 2017: $207,538,6122017Assets 2018: $230,384,334Liabilities 2018: $2,848,991Net Assets 2018: $227,535,3432018Assets 2019: $237,594,328Liabilities 2019: $499,348Net Assets 2019: $237,094,9802019Assets 2020: $240,751,111Liabilities 2020: $2,746,793Net Assets 2020: $238,004,3182020Assets 2021: $339,808,677Liabilities 2021: $1,042,404Net Assets 2021: $338,766,2732021Assets 2022: $350,201,905Liabilities 2022: $856,638Net Assets 2022: $349,345,2672022Assets 2023: $391,588,315Liabilities 2023: $1,163,414Net Assets 2023: $390,424,9012023Assets 2024: $428,578,315Liabilities 2024: $1,277,307Net Assets 2024: $427,301,0082024

Highlighted filing

2014

Assets$191,315,541
Liabilities$2,007,371
Net Assets$189,308,170
Open 2014 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$60M$40M$20M$0-$20MExpenses 2010: $9,302,0552010Expenses 2011: $9,604,3632011Expenses 2012: $8,148,4642012Expenses 2013: $10,186,5152013Revenue 2014: $25,344,684Expenses 2014: $10,616,931Net Income 2014: $14,727,7532014Revenue 2015: $9,777,926Expenses 2015: $10,737,866Net Income 2015: -$959,9402015Revenue 2016: $21,291,228Expenses 2016: $15,247,911Net Income 2016: $6,043,3172016Revenue 2017: $24,464,029Expenses 2017: $12,889,469Net Income 2017: $11,574,5602017Revenue 2018: $30,709,339Expenses 2018: $14,689,054Net Income 2018: $16,020,2852018Revenue 2019: $22,110,681Expenses 2019: $14,450,688Net Income 2019: $7,659,9932019Revenue 2020: $27,944,078Expenses 2020: $14,103,470Net Income 2020: $13,840,6082020Revenue 2021: $39,224,287Expenses 2021: $15,137,433Net Income 2021: $24,086,8542021Revenue 2022: $58,909,453Expenses 2022: $17,351,612Net Income 2022: $41,557,8412022Revenue 2023: $48,338,446Expenses 2023: $18,801,322Net Income 2023: $29,537,1242023Revenue 2024: $33,947,105Expenses 2024: $20,222,813Net Income 2024: $13,724,2922024

Highlighted filing

2014

Revenue$25,344,684
Expenses$10,616,931
Net Income$14,727,753
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
May 12, 2015
Return Version
2013v4.0
Gross Receipts
$37,838,343
Mission and Program Overview

Mission

The rowan university foundation supports rowan university by developing meaningful and synergistic relationships between the organization and the larger community as it advocates for quality and diverse scholarly experiences for students, faculty, staff, and alumni.

The Foundation's mission is to raise money and obtain objects of value, through donation, private or public grants, or gifts for the use of or benefitting Rowan University.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$104,132,929$118,149,879▲ $14,016,950
Investments Other Securities$52,476,682$58,000,375▲ $5,523,693
Savings and Temporary Cash Investments$2,935,047$8,823,630▲ $5,888,583
Pledges and Grants Receivable$7,190,901$6,341,657▼ $849,244
Cash and Non-Interest-Bearing Accounts$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Program Related$0$0→ $0
Land, Buildings, and Equipment, Net$0--
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$166,735,559$191,315,541▲ $24,579,982
Other Assets Total$0$0→ $0
Liabilities
Other Liabilities$1,297,169$1,414,812▲ $117,643
Deferred Revenue$357,641$359,477▲ $1,836
Accounts Payable and Accrued Expenses$628,063$233,082▼ $394,981
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$2,282,873$2,007,371▼ $275,502
Net Assets / Fund Balance
Permanently Rstr Net Assets$111,016,668$113,143,074▲ $2,126,406
Unrestricted Net Assets$34,025,532$53,885,609▲ $19,860,077
Temporarily Rstr Net Assets$19,410,486$22,279,487▲ $2,869,001
Total Net Assets Fund Balance$164,452,686$189,308,170▲ $24,855,484
Total Liabilities and Net Assets / Fund Balance$166,735,559$191,315,541▲ $24,579,982

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$52,855,773--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2013$111,016,668$2,126,406--$113,143,074
2012$110,285,093$731,575--$111,016,668
2011$109,559,372$725,721--$110,285,093
2010$108,685,061$874,311→ $0$0$109,559,372
2009$108,976,733$189,295▼ $480,967$0$108,685,061
Compensation and Service Providers
Top Officer Pay62nd percentile

Board Members and Trustees

NameTitle
Paul TullyChairman
Alyce ParkerPast Chairman
Joe BottazziVice Chairman
Anthony CalabreseDirector
April Carty SippDirector
David BurginDirector
David J StroutDirector
Erica OrtizDirector
George AwadDirector
Harry I ScheyerDirector
Jack HafnerDirector
James TarangeloDirector
Jessica HealyDirector
Julio InterianoDirector
Pauline SchneiderDirector
Robert NovickDirector
Robert W HoeyDirector
Scott KintzingDirector
Stanley LaBrunaDirector
Virgina SmithDirector
Dr Ali HoushmandDirector (Pres of Rowan Univ)
Ronald J TallaridaExec Dir/avp Inst Adv
Tony GalvinSecretary
Stephen H ClarkTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$8,076,184
Program Service Revenue
$0
Investment Income
$17,279,940
Other Revenue
$-11,440
All Other Contributions
$7,983,189
Change in Net Assets
$14,727,753

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
Yes

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Works of Art1$1,005,000Appraisal
Other Non Cash Contri Table14$120,441Fair Market Value
Securities Publicly Traded5$37,053Fair Market Value
Total Noncash Contributions20$1,162,494-

Audited Revenue Reconciliation

Revenue per Audited Statements
$25,386,138
Revenue Not Reported on Financial Statements
$-41,454
Revenue Not Reported on Form 990
$10,127,731
Other Revenue Adjustments
$-41,454
Total Revenue per Audited Statements
$35,513,869
Total Revenue per Form 990
$25,344,684
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$10,029,307
Other Expenses$587,624
Total Fundraising Expense$47,184
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$8,511,721--$8,511,721
Grants to Domestic Individuals$1,517,586--$1,517,586
All Other Expenses-$159,157$2,109$161,266
Fees for Service Investment Mgmnt Fees-$158,945-$158,945
Fees for Services Legal-$76,755-$76,755
Fees for Services Accounting-$36,830-$36,830
Insurance-$30,827-$30,827
Office Expenses-$16,445-$16,445
Other Expenses$15,779$7,500$45,075$7,500
Total Functional Expenses$10,083,288$486,459$47,184$10,616,931

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$10,658,385
Expenses per Audited Statements$10,616,931
Total Expenses per Form 990$10,616,931
Expenses Not Reported on Form 990$41,454
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
22-2764819-115Program Services Financial Aid$8,533,161
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$41,454
Fundraising Gross Income$30,014
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$67,134$23,964$7,654$16,310
Event 2$55,875$6,050$17,058$-11,008
Total Events$123,009$30,014$41,454$-11,440
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deposits Held-alumni Association$1,414,812
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

EIN
22-2482802
In Care Of
% JOSEPH F SCULLY JR
Phone
8562564119

Signing Officer

Name
RJ Tallarida Jr
Title
Executive Director
Phone
8562564119
Signed
2015-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ronald J Tallarida
Formed
1983
Legal Domicile
Nj
Voting Board Members
23
Independent Board Members
22
Employees
0
Volunteers
25

Preparer

Preparer
Russlee Armstrong
Phone
8562564119
Supplemental Narrative

Additional Explanations

Delegation of Authority

“Form 990, Part VI, 1a The Board delegates its authority to the investment committee to make decisions regarding Foundation investments.”

Form 990 Review Process

“Form 990, Part VI, Line 11b The Rowan University Accounting Services Office (Accounting Services) acts as the liaison in the preparation of the tax returns for Rowan University Foundation (the Foundation). Accounting Services provides all the financial information to the paid tax preparer based on the Foundation's audited financial statements as well as the records of Rowan University's Accounting System for the Foundation. Accounting Services contacts the Foundation's officers and staff to obtain answers to the non-financial questions and provides this information to the paid tax preparer. A draft of the Form 990 is reviewed by accounting services personnel and the Foundation's officers and/or staff. Each board of directors member will receive a copy of the completed Form 990 prior to its filing with the Internal Revenue Service.”

Conflict of Interest Policy Monitoring & Enforcement

“Form 990, Part VI, Line 12c The Board is asked annually to review and sign the conflict of interest policy. All documents are then reviewed by the executive director to ensure there are no conflicts and/or address any issues.”

How Documents are Made Available to the Public

“Form 990, Part VI, Line 19 The governing documents, conflict of interest policy and financial statements are available upon request.”

Part XI, Line 9

“Actuarial Adjustment $7,683”

Financial Statement Notes

Intended Uses of Endowment Funds

“Schedule D, Part V, Line 4 To provide scholarships to the students of Rowan University and gifts to Rowan University in meeting its educational mission.”

Reconciliation of Revenue - Other

“Schedule D, Part XI, Line 2d Actuarial Adjustment $7,683 Schedule D, Part XI, Line 4b Fundraising expense (reclass) $(41,454)”

Reconciliation of Expenses - Other

“Schedule D, Part XII, Line 2d Fundraising expense (reclass) $41,454”

Raw XML AppendixShowing 400 of 785 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0628063
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0233082
IRS990/AccountsReceivableGrp/BOYAmt00
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0The Foundation's mission is to raise money and obtain objects of value, through donation, private or public grants, or gifts for the use of or benefitting Rowan University.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllOtherContributionsAmt07983189
IRS990/AllOtherExpensesGrp/FundraisingAmt02109
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0159157
IRS990/AllOtherExpensesGrp/TotalAmt0161266
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0JOSEPH F SCULLY JR
IRS990/BooksInCareOfDetail/PhoneNum08562564127
IRS990/BooksInCareOfDetail/USAddress/AddressLine10201 MULLICA HILL ROAD
IRS990/BooksInCareOfDetail/USAddress/City0Glassboro
IRS990/BooksInCareOfDetail/USAddress/State0NJ
IRS990/BooksInCareOfDetail/USAddress/ZIPCode008028
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt00
IRS990/CashNonInterestBearingGrp/EOYAmt00
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0true
IRS990/ContriRptFundraisingEventAmt092995
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt08076184
IRS990/CYGrantsAndSimilarPaidAmt010029307
IRS990/CYInvestmentIncomeAmt017279940
IRS990/CYOtherExpensesAmt0587624
IRS990/CYOtherRevenueAmt0-11440
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt014727753
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt010616931
IRS990/CYTotalFundraisingExpenseAmt047184
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt025344684
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0true
IRS990/DeferredRevenueGrp/BOYAmt0357641
IRS990/DeferredRevenueGrp/EOYAmt0359477
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0Scholarships given to students.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountLiabilityGrp/BOYAmt00
IRS990/EscrowAccountLiabilityGrp/EOYAmt00
IRS990/ExpenseAmt01517586
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt036830
IRS990/FeesForServicesAccountingGrp/TotalAmt036830
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt076755
IRS990/FeesForServicesLegalGrp/TotalAmt076755
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt0158945
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt0158945
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt050.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt100.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt110.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt120.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt130.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt140.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt150.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt160.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt170.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt180.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt190.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt200.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt210.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt220.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt2340.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt05.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt33.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt43.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt82.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt92.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt102.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt112.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt122.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt135.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt142.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt152.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt162.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt172.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt183.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt192.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt202.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt212.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt222.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2310.0
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd16X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd17X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd18X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd19X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd20X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd21X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd22X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt043557
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt190
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt200
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt210
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt220
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2329347
IRS990/Form990PartVIISectionAGrp/PersonNm0Dr Ali Houshmand
IRS990/Form990PartVIISectionAGrp/PersonNm1David Burgin
IRS990/Form990PartVIISectionAGrp/PersonNm2April Carty Sipp
IRS990/Form990PartVIISectionAGrp/PersonNm3Joe Bottazzi
IRS990/Form990PartVIISectionAGrp/PersonNm4Tony Galvin
IRS990/Form990PartVIISectionAGrp/PersonNm5Robert Novick
IRS990/Form990PartVIISectionAGrp/PersonNm6Harry I Scheyer
IRS990/Form990PartVIISectionAGrp/PersonNm7Anthony Calabrese
IRS990/Form990PartVIISectionAGrp/PersonNm8Julio Interiano
IRS990/Form990PartVIISectionAGrp/PersonNm9Pauline Schneider
IRS990/Form990PartVIISectionAGrp/PersonNm10James Tarangelo
IRS990/Form990PartVIISectionAGrp/PersonNm11Robert W Hoey
IRS990/Form990PartVIISectionAGrp/PersonNm12Alyce Parker
IRS990/Form990PartVIISectionAGrp/PersonNm13Paul Tully
IRS990/Form990PartVIISectionAGrp/PersonNm14Scott Kintzing
IRS990/Form990PartVIISectionAGrp/PersonNm15Virgina Smith
IRS990/Form990PartVIISectionAGrp/PersonNm16Stanley LaBruna
IRS990/Form990PartVIISectionAGrp/PersonNm17Erica Ortiz
IRS990/Form990PartVIISectionAGrp/PersonNm18Stephen H Clark
IRS990/Form990PartVIISectionAGrp/PersonNm19David J Strout
IRS990/Form990PartVIISectionAGrp/PersonNm20Jack Hafner
IRS990/Form990PartVIISectionAGrp/PersonNm21Jessica Healy
IRS990/Form990PartVIISectionAGrp/PersonNm22George Awad
IRS990/Form990PartVIISectionAGrp/PersonNm23RONALD J TALLARIDA
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt0552066
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt23136464
IRS990/Form990PartVIISectionAGrp/TitleTxt0Director (Pres of Rowan Univ)
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Vice Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt4Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Past Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt13Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt14Director
IRS990/Form990PartVIISectionAGrp/TitleTxt15Director
IRS990/Form990PartVIISectionAGrp/TitleTxt16Director
IRS990/Form990PartVIISectionAGrp/TitleTxt17Director
IRS990/Form990PartVIISectionAGrp/TitleTxt18Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt19Director
IRS990/Form990PartVIISectionAGrp/TitleTxt20Director
IRS990/Form990PartVIISectionAGrp/TitleTxt21Director
IRS990/Form990PartVIISectionAGrp/TitleTxt22Director
IRS990/Form990PartVIISectionAGrp/TitleTxt23EXEC DIR/AVP INST ADV
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0true
IRS990/FormationYr01983
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingAmt092995
IRS990/FundraisingDirectExpensesAmt041454
IRS990/FundraisingGrossIncomeAmt030014
IRS990/GainOrLossGrp/SecuritiesAmt015202589
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt023
IRS990/GrantAmt01517586
IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsPayableGrp/EOYAmt00
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt01517586
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt01517586
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt08511721
IRS990/GrantsToDomesticOrgsGrp/TotalAmt08511721
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt027654794
IRS990/GrossReceiptsAmt037838343
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt022
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt030827
IRS990/InsuranceGrp/TotalAmt030827
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt02175892
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02077351
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt0-98541
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt052476682
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt058000375
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0104132929
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0118149879
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LegalDomicileStateCd0NJ
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt012452205
IRS990/LoanOutstandingInd0false
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE FOUNDATION SHALL OPERATE WITH THE EXPRESS PURPOSE OF RAISING FUNDS AND OBTAINING OBJECTS OF VALUE, THROUGH DONATION, PRIVATE OR PUBLIC GRANTS, GIFTS OR OTHERWISE FOR THE USE OF OR BENEFITING ROWAN UNIVERSITY WITH THE GOAL OF ENRICHING THE EDUCATION AND STUDENT LIFE OF THE STUDENTS OF ROWAN UNIVERSITY AND IMPROVING THE EDUCATIONAL OPPORTUNITIES AND/OR SERVICES PROVIDED TO STUDENTS, FACULTY, ALUMNI AND THE GENERAL PUBLIC.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt0164452686
IRS990/NetAssetsOrFundBalancesEOYAmt0189308170
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt015201964
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt015202589
IRS990/NetGainOrLossInvestmentsGrp/UnrelatedBusinessRevenueAmt0625
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-11440
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-11440
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt0-98496
IRS990/NetUnrlzdGainsLossesInvstAmt010120048
IRS990/NoncashContributionsAmt01162494
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt016445
IRS990/OfficeExpensesGrp/TotalAmt016445
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt07683
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0DEVELOPMENT
IRS990/OtherExpensesGrp/Desc1CATERING
IRS990/OtherExpensesGrp/Desc2FOUNDATION ACTIVITIES
IRS990/OtherExpensesGrp/Desc3APPRAISAL FEE
IRS990/OtherExpensesGrp/FundraisingAmt045075
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt07500
IRS990/OtherExpensesGrp/ProgramServicesAmt038202
IRS990/OtherExpensesGrp/ProgramServicesAmt115779
IRS990/OtherExpensesGrp/TotalAmt045075
IRS990/OtherExpensesGrp/TotalAmt138202
IRS990/OtherExpensesGrp/TotalAmt215779
IRS990/OtherExpensesGrp/TotalAmt37500
IRS990/OtherLiabilitiesGrp/BOYAmt01297169
IRS990/OtherLiabilitiesGrp/EOYAmt01414812
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$191,315,541
Liabilities
$2,007,371
Net assets
$189,308,170
Revenue
$25,344,684
Expenses
$10,616,931
Net income
$14,727,753
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$429$1.28$427$33.9$20.2$13.7
2023Detailed filing. Detailed filing data is available for this year.$392$1.16$390$48.3$18.8$29.5
2022Detailed filing. Detailed filing data is available for this year.$350$0.86$349$58.9$17.4$41.6
2021Detailed filing. Detailed filing data is available for this year.$340$1.04$339$39.2$15.1$24.1
2020Detailed filing. Detailed filing data is available for this year.$241$2.75$238$27.9$14.1$13.8
2019Detailed filing. Detailed filing data is available for this year.$238$0.50$237$22.1$14.5$7.66
2018Detailed filing. Detailed filing data is available for this year.$230$2.85$228$30.7$14.7$16.0
2017Detailed filing. Detailed filing data is available for this year.$210$2.09$208$24.5$12.9$11.6
2016Detailed filing. Detailed filing data is available for this year.$190$4.06$186$21.3$15.2$6.04
2015Detailed filing. Detailed filing data is available for this year.$191$3.18$188$9.78$10.7$0.96
2014Detailed filing. Detailed filing data is available for this year.$191$2.01$189$25.3$10.6$14.7
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$167$2.28$164$10.2
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$150$1.91$148$8.15
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$156$1.86$154$9.60
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$135$1.71$133$9.30
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2014 filings • NTEE B11 • $100M-$250M nonprofits