THE SOLE MISSION OF THE RUTGERS UNIVERSITY FOUNDATION, SINCE ITS FOUNDING IN 1973, IS TO SUPPORT RUTGERS, THE STATE UNIVERSITY, AND HELP IT ATTAIN EXCELLENCE IN EDUCATION, RESEARCH, AND PUBLIC SERVICE (CONTINUED ON SCHEDULE O) BY BUILDING RELATIONSHIPS WITH ALUMNI, PARENTS, FRIENDS, CORPORATIONS, FOUNDATIONS, AND OTHER SUPPORTERS, THE FOUNDATION RAISES MONEY FOR, AND MATCHES DONORS INTERESTS TO, RUTGERS PRIORITIES, AS SET FORTH BY UNIVERSITY LEADERSHIP.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$102.1M
-30.4% YoY
Annual Giving
$105.4M
-35.2% YoY
Grant Count
2
-33.3% YoY
Avg Grant Size
$52.7M
-2.8% YoY
About Rutgers University Foundation
Based on IRS filings
Rutgers University Foundation is a nonprofit organization focused on Education, based in NEW BRUNSWICK, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $102.1M in total assets. In 2024, it awarded 2 grants totaling $105.4M. Net investment income was $1.1M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $102,053,932 | $146,527,124 | $133,617,219 |
| Revenue | $150,867,652 | $208,635,539 | $202,492,280 |
| Expenses | $144,644,902 | $198,142,639 | $215,703,305 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $1,078,841 | $276,769 | $-309,943 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
11 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Rutgers University ($105,344,637), Douglass Associate Alumnae ($23,056).
| Recipient | Purpose | Amount |
|---|---|---|
| DOUGLASS ASSOCIATE ALUMNAE NEW BRUNSWICK, NJ | SUPPORT ASSOCIATIONS PROGRAMS | $23,056 |
| RUTGERS UNIVERSITY PISCATAWAY, NJ | EDUCATION-RELATED/ATHLETICS | $105,344,637 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ALAN CROSTA JR | DIRECTOR/EX-OFFICIO | 1 | — |
| AMY L TOWERS | CHAIR | 1 | — |
| ANN M STOCK | DIRECTOR | 1 | — |
| BRUCE BINGHAM | DIRECTOR | 1 | — |
| BRUCE P KERZIC | DIRECTOR | 1 | — |
| CAROLYNN L JOHNSON | DIRECTOR | 1 | — |
| DANIEL DIFILIPPO | DIRECTOR | 1 | — |
| DONALD LOMURRO | DIRECTOR | 1 | — |
| ELIZABETH J MCNEILLY | VICE CHAIR | 1 | — |
| FRANK HUNDLEY | DIRECTOR | 1 | — |
| GARY W CHROPUVKA | VICE CHAIR | 1 | — |
| GLORIA VANDERHAM | DIRECTOR/EX-OFFICIO | 1 | — |
| J MICHAEL GOWER | TREASURER/EX-OFFICIO | 1 | — |
| JAMES BERG | DIRECTOR | 1 | — |
| JOHN A DICIURCIO | DIRECTOR | 1 | — |
| JOHN SIVOLELLA | DIRECTOR | 1 | — |
| JONATHAN HOLLOWAY | EX-OFFICIO/DIRECTOR | 1 | — |
| KENNETH R JOHNSON | DIRECTOR | 1 | — |
| LISA DOLLY | VICE CHAIR | 1 | — |
| MARGARET T DERRICK | DIRECTOR | 1 | — |
| MARK P HERSHHORN | DIRECTOR | 1 | — |
| MARY PAPAMARKOU | DIRECTOR | 1 | — |
| MIA CHRISTINE PARK | DIRECTOR | 1 | — |
| MICHAEL A MARGOLIS | DIRECTOR | 1 | — |
| OMOTAYO OKUSANYA | DIRECTOR | 1 | — |
| PATRICIA DEVITT RISSE | DIRECTOR | 1 | — |
| PEGGY GUILIANO | DIRECTOR | 1 | — |
| PETER TVERDOV | DIRECTOR | 1 | — |
| PHILIP SCALO | DIRECTOR | 1 | — |
| REEMA PURI | DIRECTOR | 1 | — |
| RICHARD KENT | DIRECTOR | 1 | — |
| RICHARD STANZIONE | DIRECTOR | 1 | — |
| ROBERT FALZON | DIRECTOR | 1 | — |
| SEAN M PATTWELL | DIRECTOR | 1 | — |
| TILAK LAL | DIRECTOR | 1 | — |
| WILLIAM E BEST | EX-OFFICIO/DIRECTOR | 1 | — |
| CHRISTOPHER P ZRALY | ASSOCIATE TREASURER | 37.5 | $290,260 |
| DUNCAN L MACMILLAN | SECRETARY | 1 | — |
| KIMBERLY A HOPELY | PRESIDENT/EX-OFFICIO | 1 | — |
| MARK ANTONUCCI | ASSISTANT SECRETARY | 37.5 | $296,813 |
| IRENE O'BRIEN | VICE PRESIDENT | 37.5 | $283,360 |
| ROBIN C SEMPLE | VICE PRESIDENT | 37.5 | $224,527 |
| SHAWN TUCKER | VICE PRESIDENT | 37.5 | $243,251 |
| WILLIAM J GREEN | VICE PRESIDENT | 37.5 | $385,833 |
| DENISE P GAVALA | SR. ASSOC. VICE PRESIDENT | 37.5 | $253,199 |
| KRISTEN C DIFOGLIO | ASSOCIATE DEAN OF ADVANCEMENT | 37.5 | $190,670 |
| MARCO BATTAGLIA | SR ADVISOR | 37.5 | $246,389 |
| WILLIAM MITCHELL | SR ASSOCIATE VICE PRESIDENT | 37.5 | $184,382 |
| ENDIA DECORDOVA | VICE PRESIDENT (FORMER AS OF 5/20/23) | 37.5 | $107,325 |
| JEREMY L SCARBROUGH | ASSOC. VICE PRESIDENT (FORMER AS OF 4/6/24) | 37.5 | $215,568 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Rutgers University Foundation?
Rutgers University Foundation is a nonprofit organization focused on Education, based in NEW BRUNSWICK, NJ. It holds $102.1M in total assets as of 2024.
How large is Rutgers University Foundation?
As of 2024, Rutgers University Foundation holds $102.1M in total assets with $150.9M in annual revenue. It awarded 2 grants totaling $105.4M in 2024.
Where does Rutgers University Foundation operate?
Rutgers University Foundation has awarded grants in New Jersey.
What size grants does Rutgers University Foundation award?
In 2024, Rutgers University Foundation awarded 2 grants totaling $105.4M — an average of about $52.7M per grant, based on its IRS Form 990 filings.
What is Rutgers University Foundation's EIN?
Rutgers University Foundation's EIN (Employer Identification Number) is 23-7318742. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Rutgers University Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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