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Rutgers University Foundation

Public charity · Grantmaker New Brunswick, NJ EIN: 23-7318742 Website

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 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.

Key facts about Rutgers University Foundation

In short: Rutgers University Foundation gave $111.6M across 1 grant in 2025 (avg $111.6M), mostly in New Jersey. Source: 2025 IRS Form 990.

EIN
23-7318742
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$111,591,804
Grants made (2025)
1
Average grant
$111,591,804
Median grant
$111,591,804
Total assets
$96,478,926
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

$96.5M

-5.5% YoY

Annual Giving

$111.6M

+5.9% YoY

Grant Count

1

-50.0% YoY

Avg Grant Size

$111.6M

+111.8% YoY

How Rutgers University Foundation gives

  • Giving fell 38% from 2022 to 2025. Method

From the foundation's IRS Form 990 filings. Methodology.

About Rutgers University Foundation

Based on IRS filings

Rutgers University Foundation is a public charity focused on Education, based in New Brunswick, NJ. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $96.5M in total assets. In 2025, it awarded 1 grant totaling $111.6M. Net investment income was $2.0M.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 1 itemized 2025 grant dollars.

States

Cities

PiscatawayNew Brunswick

Giving Over Time

Total grant dollars and number of grants per year

$0$50M$100M$150M$200M1 grants20192 grants20201 grants20213 grants20223 grants20232 grants20241 grants2025

From 2019 to 2025, annual grant giving ranged from $105.4M (2024) to $181.3M (2022). In 2025 it made 1 grant totaling $111.6M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2025

Rutgers University: $111.6MRutgers University$111.6M

The largest 2025 recipient was Rutgers University ($111.6M).

Grant Size Distribution

10 grants across all recorded years

4<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M5$5M+

The most common grant size was $5M or more: 5 grants of 10 (50%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Rutgers University Piscataway, NJEducation-Related/Athletics$111,591,804

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$100M$200M$300M2019202020212022202320242025
Metric202520242023
Total Assets$96,478,926$102,053,932$146,527,124
Revenue$137,157,185$150,867,652$208,635,539
Expenses$150,061,350$144,644,902$198,142,639
Net Investment Income$1,955,941$1,078,841$276,769

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990 for fiscal year 2019 (received by the IRS May 8, 2020)
  2. Added Form 990 for fiscal year 2025 (received by the IRS May 13, 2026)
  3. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Rutgers University Foundation is led by Kristin Difoglio, Executive Director since 2025 (on filings since 2024); 13 of 47 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Kristin Difoglio

    Executive Director

    Associate Dean of Advancement → Executive Director, 2025

    On filings since 2024

    37.5 hrs/week

    $191K (2024) → $176K (2025)

  • Kimberly A. Hopely

    President

    President & Ex-Officio → President, 2025

    On filings since 2022

    1 hr/week

    No compensation reported

  • Amy L. Towers

    Chair & Director

    Director → Chair, 2023

    Chair → Chair & Director, 2025

    On filings since 2019

    1 hr/week

    No compensation reported

  • Daniel Difilippo

    Director & Chair

    Overseer → Director, 2020

    Director → Director & Chair, 2025

    On filings since 2019

    1 hr/week

    No compensation reported

  • Bruce Bingham

    Outgoing Director

    Overseer → Director, 2020

    Director → Outgoing Director, 2025

    On filings since 2019

    1 hr/week

    No compensation reported

  • Bruce P. Kerzic

    Director

    Overseer → Director, 2020

    On filings since 2019

    1 hr/week

    No compensation reported

  • James Berg

    Director

    Overseer → Director, 2020

    On filings since 2019

    1 hr/week

    No compensation reported

  • John Sivolella

    Director

    Overseer → Director, 2020

    On filings since 2019

    1 hr/week

    No compensation reported

  • Mark P. Hershhorn

    Director

    Overseer → Director, 2021

    On filings since 2019

    1 hr/week

    No compensation reported

  • Mary Papamarkou

    Director

    Overseer → Director, 2020

    On filings since 2019

    1 hr/week

    No compensation reported

  • Mia Christine Park

    Director

    Overseer → Director, 2020

    On filings since 2019

    1 hr/week

    No compensation reported

  • Philip Scalo

    Director

    Vice Chair → Chair, 2020

    Chair → Director, 2023

    On filings since 2019

    1 hr/week

    No compensation reported

  • Reema Puri

    Director

    Overseer → Director, 2020

    On filings since 2019

    1 hr/week

    No compensation reported

  • Richard Stanzione

    Director

    Overseer → Director, 2020

    On filings since 2019

    1 hr/week

    No compensation reported

  • Robert Falzon

    Outgoing Director

    Overseer → Director, 2020

    Director → Outgoing Director, 2025

    On filings since 2019

    1 hr/week

    No compensation reported

  • Subha Barry

    Director

    Overseer → Director, 2020

    On filings since 2019

    1 hr/week

    No compensation reported

  • Margaret T. Derrick

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Donald Lomurro

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Jonathan Holloway

    Ex-Officio & Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Peggy Guiliano

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Peter Tverdov

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Ann M. Stock

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Sean M. Pattwell

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Tilak Lal

    Director

    Ex-Officio & Director → Director, 2023

    On filings since 2022

    1 hr/week

    No compensation reported

  • Kenneth R. Johnson

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • William E. Best

    Outgoing Director

    Ex-Officio & Director → Outgoing Director, 2025

    On filings since 2023

    1 hr/week

    No compensation reported

  • Frank Hundley

    Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • Gloria Vanderham

    Director & Ex-Officio

    On filings since 2024

    1 hr/week

    No compensation reported

  • Richard Kent

    Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • Amy Mansue

    Ex-Officio & Director

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Christopher P. Zraly

    Associate Treasurer

    CFO & Associate Treasurer → Vice President, CFO & Associate Treasurer, 2023

    Vice President, CFO & Associate Treasurer → Associate Treasurer, 2024

    On filings since 2019

    37.5 hrs/week

    $209K (2019) → $294K (2025)

  • Denise P. Gavala

    Outgoing Senior Associate Vice President

    Associate Vice President → Senior Associate Vice President, 2022

    Senior Associate Vice President → Outgoing Senior Associate Vice President, 2025

    On filings since 2019

    37.5 hrs/week

    $202K (2019) → $346K (2025)

  • William J. Green

    Outgoing Vice President

    Vice President → Outgoing Vice President, 2025

    On filings since 2019

    37.5 hrs/week

    $307K (2019) → $384K (2025)

  • Irene O'Brien

    Outgoing Vice President

    Vice President → Outgoing Vice President, 2025

    On filings since 2023

    37.5 hrs/week

    $237K (2023) → $199K (2025)

  • Marco Battaglia

    Senior Advisor

    Associate Vice President → Senior Advisor, 2024

    On filings since 2023

    37.5 hrs/week

    $202K (2023) → $247K (2025)

  • Mark Antonucci

    Assistant Secretary

    Vice President & Assistant Secretary → Assistant Secretary, 2024

    On filings since 2023

    37.5 hrs/week

    $282K (2023) → $348K (2025)

  • Robin C. Semple

    Vice President

    On filings since 2023

    37.5 hrs/week

    $193K (2023) → $233K (2025)

  • Shawn Tucker

    Outgoing Vice President

    Vice President → Outgoing Vice President, 2025

    On filings since 2024

    37.5 hrs/week

    $243K (2024) → $253K (2025)

  • Charles A. Wright III

    Vice President

    New on the 2025 filing

    37.5 hrs/week

    $220K (2025)

  • Erin Varga

    Assc.vice President

    New on the 2025 filing

    37.5 hrs/week

    $191K (2025)

  • Loren Savage

    Assc. Vice President

    New on the 2025 filing

    37.5 hrs/week

    $217K (2025)

  • Varsha Nakum

    Assistant Secretary

    New on the 2025 filing

    37.5 hrs/week

    $158K (2025)

  • Duncan L. Macmillan

    Secretary

    On filings since 2019

    1 hr/week

    No compensation reported

  • Elizabeth J. McNeilly

    Vice Chair

    Overseer → Director, 2020

    Director → Vice Chair, 2023

    On filings since 2019

    1 hr/week

    No compensation reported

  • J. Michael Gower

    Treasurer

    Treasurer & Ex-Officio → Treasurer, 2025

    On filings since 2019

    1 hr/week

    No compensation reported

  • Gary W. Chropuvka

    Vice Chair

    Director → Vice Chair, 2023

    On filings since 2020

    1 hr/week

    No compensation reported

  • Lisa Dolly

    Vice Chair

    Director → Vice Chair, 2023

    On filings since 2021

    1 hr/week

    No compensation reported

Former officers (73)
  • Former: Alan M. Crosta Jr. (2019–2024) — Director & Ex-Officio
  • Former: Patricia Devitt Risse (2020–2024) — Director
  • Former: Jeremy L. Scarbrough (2021–2024) — Associate Vice President
  • Former: Carolynn L. Johnson (2022–2024) — Director
  • Former: John A. Diciurcio (2022–2024) — Director
  • Former: Michael A. Margolis (2022–2024) — Director
  • Former: Omotayo Okusanya (2022–2024) — Director
  • Former: Endia Decordova (2024) — Vice President
  • Former: William Mitchell (2024) — Senior Associate Vice President
  • Former: Atiya Aftab (2019–2023) — Director
  • Former: Daniel Reinhardt (2019–2023) — Director
  • Former: Debra A. Holston O'Neal (2020–2023) — Ex-Officio & Director
  • Former: Jean Cappello (2021–2023) — Director
  • Former: Christiana R. Foglio Outgoing (2023) — Director
  • Former: Drew Kaiden Outgoing (2023) — Associate Vice President
  • Former: Endia Decordova Outgoing (2023) — Vice President
  • Former: Joshua Harraman Outgoing (2023) — Vice President
  • Former: Kate Sweeney Outgoing (2023) — Director
  • Former: Nimesh S. Jhaveri (2023) — Ex-Officio & Director
  • Former: Todd Lineburger Outgoing (2023) — Associate Vice President
  • Former: Arthur Certosimo (2019–2022) — Director
  • Former: C. Edward Chuck Chaplin (2019–2022) — Vice Chair
  • Former: Christopher Needles (2019–2022) — Vice President
  • Former: Gary M. Rodkin (2019–2022) — Director
  • Former: Jill Bond (2019–2022) — Associate Vice President
  • Former: Kate Sweeney (2019–2022) — Director
  • Former: Scott E. White (2019–2022) — Director
  • Former: Susan Catania (2019–2022) — Assistant Secretary
  • Former: Ashaki Charles (2020–2022) — Associate Vice President
  • Former: Carly Northup (2020–2022) — Associate Vice President
  • Former: Kimberly Banks Mackay (2020–2022) — Director
  • Former: Mark Angelson (2020–2022) — Ex-Officio & Director
  • Former: Christiana R. Foglio (2021–2022) — Director
  • Former: Joshua Harraman (2021–2022) — Vice President
  • Former: Lavinia Boxill (2022) — Ex-Officio & Director
  • Former: Benjamin S. Wolfe (2019–2021) — Director
  • Former: Harriett Druskin (2019–2021) — Director
  • Former: James Dougherty (2019–2021) — Director
  • Former: Julie D. Cummings (2019–2021) — Outgoing Vice President
  • Former: Lucas J. Visconti (2019–2021) — Director
  • Former: Nevin E. Kessler (2019–2021) — Ex-Officio & President
  • Former: Ronald Garutti (2019–2021) — Director
  • Former: Sharon E. Karmazin (2019–2021) — Director
  • Former: Steven M. Darien (2019–2021) — Director
  • Former: Tahsin I. Alam (2019–2021) — Vice President
  • Former: Gregory A. Bedard (2021) — Ex-Officio & Director
  • Former: Jose A. Piazza (2021) — Ex-Officio & Director
  • Former: Brian D. Perkins (2019–2020) — Director
  • Former: Charles Chang (2019–2020) — Director
  • Former: Christiana R. Foglio-Palmer (2019–2020) — Director
  • Former: David M. Edwards (2019–2020) — Associate Vice President
  • Former: Dorian J. Wilson (2019–2020) — Director
  • Former: Joseph Moroney (2019–2020) — Director
  • Former: Kenneth D. Lawrence (2019–2020) — Director
  • Former: Kevin D. McGrath (2019–2020) — Director
  • Former: Michael N. Goodkind (2019–2020) — Director
  • Former: Peter D. Cherasia (2019–2020) — Director
  • Former: Robert L. Barchi (2019–2020) — Ex-Officio & Director
  • Former: Steven B. Boehm (2019–2020) — Director
  • Former: Steven H. Temares (2019–2020) — Director
  • Former: Vaughn L. McKoy (2019–2020) — Director
  • Former: Joseph H. Lempkin (2019) — Ex-Officio & Overseer
  • Former: Marlene A. Brandt (2019) — Overseer
  • Former: Mary Dimartino (2019) — Ex-Officio & Overseer
  • Former: Paul Profeta (2019) — Overseer
  • Former: Peter W. Gibson (2019) — Outgoing Overseer
  • Former: Philip T. Ellmore (2019) — Vice Chancellor
  • Former: Robert E. Mortensen (2019) — Overseer
  • Former: Ronald D. Wilson (2019) — Overseer
  • Former: Sandy J. Stewart (2019) — Ex-Officio & Overseer
  • Former: Terry S. Bienstock (2019) — Overseer
  • Former: Timothy France (2019) — Associate Vice President
  • Former: Timothy L. Whiteside (2019) — Overseer

Data from IRS Form 990 filings, 2019–2025. "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

William J Green — Outgoing Vice President: $384KWilliam J GreenOutgoing Vice President$384KMark Antonucci — Assistant Secretary: $348KMark AntonucciAssistant Secretary$348KDenise P Gavala — Outgoing Sr. Assoc. Vice President: $346KDenise P GavalaOutgoing Sr. Assoc. Vice…$346KChristopher P Zraly — Associate Treasurer: $294KChristopher P ZralyAssociate Treasurer$294KShawn Tucker — Outgoing Vice President: $253KShawn TuckerOutgoing Vice President$253KMarco Battaglia — Sr Advisor: $247KMarco BattagliaSr Advisor$247KRobin C Semple — Vice President: $233KRobin C SempleVice President$233KCharles a Wright III — Vice President: $220KCharles a Wright IIIVice President$220KLoren Savage — Assc. Vice President: $217KLoren SavageAssc. Vice President$217KIrene O'Brien — Outgoing Vice President: $199KIrene O'BrienOutgoing Vice President$199KErin Varga — Assc.vice President: $191KErin VargaAssc.vice President$191KKristin Difoglio — Executive Director: $176KKristin DifoglioExecutive Director$176KVarsha Nakum — Assistant Secretary: $158KVarsha NakumAssistant Secretary$158K

The highest reported compensation on the 2025 filing was $384K, to William J Green (Outgoing Vice President). 13 officers or directors reported compensation on that filing.

Frequently asked questions about Rutgers University Foundation

How much does Rutgers University Foundation give each year?

Rutgers University Foundation gave $111.6M across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $105.4M across 2 grants.

How large is Rutgers University Foundation?

Rutgers University Foundation reported $96.5M in total assets on its 2025 IRS Form 990. Its revenue that year was $137.2M.

What is Rutgers University Foundation?

Rutgers University Foundation is a public charity focused on Education, based in New Brunswick, NJ. It holds $96.5M in total assets as of 2025.

Where does Rutgers University Foundation operate?

Rutgers University Foundation has awarded grants in New Jersey.

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 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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