The Montclair State University Foundation ("the foundation") was established to encourage and support the growth and development of montclair state university through fundraising activities that help further the educational, experiential, and cultural influence of the university for its students, faculty, and staff. Funds raised are used primarily for scholarship support, programmatic initiatives that establish and/or fund centers for academic research and study, and support for the maintenance and repair of academic facilities.
Key facts about Montclair State University Foundation Inc
In short: Montclair State University Foundation Inc gave $11.7M across 1 grant in 2025 (avg $11.7M), mostly in New Jersey. Source: 2025 IRS Form 990.
- EIN
- 22-6017209
- Latest 990 filing
- Form 990, 2025
- Annual giving (2025)
- $11,717,271
- Grants made (2025)
- 1
- Average grant
- $11,717,271
- Median grant
- $11,717,271
- Total assets
- $168,171,154
- Primary geography
- New Jersey (100% of itemized 2025 grant dollars)
Data from IRS Form 990, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990 · View filing
Total Assets
$168.2M
+24.1% YoY
Annual Giving
$11.7M
+63.4% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$11.7M
+63.4% YoY
How Montclair State University Foundation Inc gives
- Giving grew 69% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
About Montclair State University Foundation Inc
Based on IRS filings
Montclair State University Foundation Inc is a public charity focused on Education, based in Montclair, NJ. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $168.2M in total assets. In 2025, it awarded 1 grant totaling $11.7M. Net investment income was $4.6M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $6.9M (2022) to $11.7M (2025). In 2025 it made 1 grant totaling $11.7M.
Grant Insights
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Montclair State University ($11.7M).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was $5M or more: 5 grants of 5 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Montclair State University Montclair, NJ | Grants to Support University Educational Assistance & Programs | $11,717,271 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $168,171,154 | $135,561,646 | $119,002,563 |
| Revenue | $35,588,544 | $14,808,594 | $15,347,323 |
| Expenses | $14,612,208 | $9,019,117 | $10,357,786 |
| Net Investment Income | $4,614,761 | $2,501,282 | $3,546,119 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS December 11, 2020)
- Updated Form 990 for fiscal year 2021 (received by the IRS December 16, 2021)
- Updated Form 990 for fiscal year 2022 (received by the IRS February 8, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS December 18, 2023)
- Updated Form 990 for fiscal year 2024 (received by the IRS March 14, 2025)
- Updated Form 990 for fiscal year 2025 (received by the IRS April 3, 2026)
- IRS filings on file for fiscal years 2020–2025
Leadership & Key People
Officers and directors from IRS filings
Montclair State University Foundation Inc is led by Gregory Collins, Chair to Trustee since 2025 (on filings since 2020); 1 of 27 officers listed in 2025 is compensated.
Officers on the 2025 filing
Gregory Collins
Chair to Trustee
Vice Chair → Chair, 2023
Chair → Chair to Trustee, 2025
On filings since 2020
1 hr/week
No compensation reported
Angelo J. Genova
Trustee
On filings since 2020
1 hr/week
No compensation reported
Dennis Bone
Trustee
On filings since 2020
1 hr/week
No compensation reported
Harold Bryant
Trustee
On filings since 2020
1 hr/week
No compensation reported
James Merli
Trustee
On filings since 2020
1 hr/week
No compensation reported
Jeffrey L. Johnson
Trustee
On filings since 2020
1 hr/week
No compensation reported
Judith A. Schumachertilton
Trustee
On filings since 2020
1 hr/week
No compensation reported
Keith Ansbacher
Trustee
On filings since 2020
1 hr/week
No compensation reported
Lester Taylor
Trustee
On filings since 2020
1 hr/week
No compensation reported
Robert Gregory
Trustee
On filings since 2020
1 hr/week
No compensation reported
Robert J. Lieberman
Trustee
On filings since 2020
1 hr/week
No compensation reported
Steven Resnick
Trustee
On filings since 2020
1 hr/week
No compensation reported
Beth Gottung
Trustee
On filings since 2022
1 hr/week
No compensation reported
Dave Wertheim
Trustee to Secretary
Trustee → Trustee to Secretary, 2025
On filings since 2022
1 hr/week
No compensation reported
Denise Rover
Trustee
On filings since 2022
1 hr/week
No compensation reported
Greg Shanaphy
Trustee
On filings since 2022
1 hr/week
No compensation reported
Kevin Bradley
Trustee
On filings since 2022
1 hr/week
No compensation reported
Cynthia Watson
Trustee to Treasurer
Trustee → Trustee to Treasurer, 2025
On filings since 2024
1 hr/week
No compensation reported
David Trubatch
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
Jonathan Koppell
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
Kent Sluyter
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
Rita Walters
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
Shannon Bellum
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
Shin K. Moon
Assistant Vice President - Finance
Assistant Vice President - Finance - → Assistant Vice President - Finance, 2025
On filings since 2024
30 hrs/week
$138K (2025)
Anthony Carlino
Vice Chair to Chair
Secretary → Vice Chair, 2023
Vice Chair → Vice Chair to Chair, 2025
On filings since 2020
1 hr/week
No compensation reported
Penelope Vance
Secretary to Vice Chair
Trustee → Secretary, 2023
Secretary → Secretary to Vice Chair, 2025
On filings since 2020
1 hr/week
No compensation reported
Robert Iacullo
Treasurer
On filings since 2020
1 hr/week
No compensation reported
Former officers (25)
- Former: Erik Jacobsen - Ex-Officio (2021–2024) — Trustee
- Former: Nadine Leslie (2021–2024) — Trustee
- Former: Rose C. Cali - Ex-Officio (2021–2024) — Trustee
- Former: Jonathan Koppell - Ex-Officio (2022–2024) — Trustee
- Former: Marilyn Grabowksi (2022–2024) — Trustee
- Former: Jeffrey Campo Exec Dir (2024) — Assistant Vice President - Finance -
- Former: Rita Walters - Ex-Officio (2024) — Trustee
- Former: Colleen Coppla - Ex-Officio (2020–2023) — Trustee
- Former: Gerald Appelstein (2020–2023) — Trustee
- Former: Jeffrey Campo (2020–2023) — Executive Director & Assistant Vice President - Finance
- Former: Susan Head (2021–2023) — Trustee
- Former: Julyne Simmons (2022–2023) — Trustee
- Former: Ellen McSherry (2020–2022) — Trustee
- Former: John E. Sullivan (2020–2022) — Trustee
- Former: Marcella Locastro (2020–2022) — Trustee
- Former: Michael L. Capone (2020–2022) — Chairperson
- Former: Susan Cole - Ex-Officio (2021–2022) — Trustee
- Former: Anthony Carlino Vice Chair Eff (2022) — Secretary
- Former: Gregory Collins Chair Eff (2022) — Vice Chair
- Former: Penelope Vance Secretary Eff (2022) — Trustee
- Former: David Trubatch - Ex Officio (2020) — Trustee
- Former: Julie Jackson (2020) — Trustee
- Former: Michael H. Forman (2020) — Trustee
- Former: Rose C. Cali - Ex Officio (2020) — Trustee
- Former: Susan Cole - Ex Officio (2020) — Trustee
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $138K, to Shin K Moon (AVP - Finance).
Frequently asked questions about Montclair State University Foundation Inc
How much does Montclair State University Foundation Inc give each year?
Montclair State University Foundation Inc gave $11.7M across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $7.2M across 1 grant.
How large is Montclair State University Foundation Inc?
Montclair State University Foundation Inc reported $168.2M in total assets on its 2025 IRS Form 990. Its revenue that year was $35.6M.
What is Montclair State University Foundation Inc?
Montclair State University Foundation Inc is a public charity focused on Education, based in Montclair, NJ. It holds $168.2M in total assets as of 2025.
Where does Montclair State University Foundation Inc operate?
Montclair State University Foundation Inc has awarded grants in New Jersey.
What is Montclair State University Foundation Inc's EIN?
Montclair State University Foundation Inc's EIN (Employer Identification Number) is 22-6017209. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching Montclair State University Foundation Inc by hand.
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