THE MISSION OF THE FOUNDATION IS TO INSPIRE DONORS TO INVEST IN THOMAS EDISON STATE UNIVERSITY'S POWER TO TRANSFORM LIVES AND BUILD A MORE COMPETITIVE WORKFORCE BY EMPOWERING ADULTS TO ATTAIN THEIR EDUCATIONAL GOALS.THOMAS EDISON STATE UNIVERSITY FOUNDATION IS A NONPROFIT 501(C)(3) ORGANIZATION. WHILE INDEPENDENT OF THOMAS EDISON STATE UNIVERSITY, THE FOUNDATION OPERATES EXCLUSIVELY FOR THE BENEFIT, SUPPORT AND PROMOTION OF THE UNIVERSITY AND ITS EDUCATIONAL ACTIVITIES AND MAY RECEIVE AND INVEST BEQUESTS, GIFTS OR TRANSFERS OF PROPERTY OR MONEY, AND EXPEND ANY SUCH FUNDS OR PROPERTY FOR THE INSTITUTION'S EDUCATIONAL PURPOSES.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$14.1M
+13.0% YoY
Annual Giving
$605K
-24.8% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$302K
-24.8% YoY
About Thomas Edison State University
Based on IRS filings
Thomas Edison State University is a nonprofit organization focused on Education, based in TRENTON, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $14.1M in total assets. In 2024, it awarded 2 grants totaling $605K. Net investment income was $619K.
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 | $14,061,512 | $12,447,159 | $11,982,682 |
| Revenue | $1,441,700 | $794,410 | $341,230 |
| Expenses | $805,577 | $957,307 | $587,642 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $618,561 | $84,483 | $163,156 |
| 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
10 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Thomas Edison State University ($529,124), Thomas Edison State University ($75,540).
| Recipient | Purpose | Amount |
|---|---|---|
| THOMAS EDISON STATE UNIVERSITY TRENTON, NJ | SCHOLARSHIPS TO STUDENTS AS DESIGNATED BY THE REQUIREMENTS OF THE DONORS | $529,124 |
| THOMAS EDISON STATE UNIVERSITY TRENTON, NJ | GRANTS TO UNIVERSITY PROGRAMS AS SPECIFIED BY THE REQUIREMENTS OF THE DONORS | $75,540 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DR MERODIE HANCOCK | PRESIDENT, EX-OFFICIO | 1.75 | $33,191 |
| NANCY S GLOOR | BOARD CHAIRMAN | 4 | — |
| DR KIMBERLYNN KLEASEN | BOARD VICE CHAIR | 2 | — |
| ERIC ROBERT LEAR | TREASURER | 0.5 | — |
| DR AHMED A AZMY | DIRECTOR | 0.5 | — |
| ALEX J BINDER | DIRECTOR | 0.5 | — |
| DANIEL R BRENNA JR | DIRECTOR | 0.5 | — |
| LOVEPREET BUTTAR | DIRECTOR | 0.5 | — |
| DEBRA D'ARCANGELO | DIRECTOR | 0.5 | — |
| BRUCE D GARGANIO | DIRECTOR | 0.5 | — |
| RONALD A GIMBEL | DIRECTOR | 0.5 | — |
| CATINA R HOOD | DIRECTOR | 0.5 | — |
| DOLORES R KELLEY ESQ | DIRECTOR, THRU 6/14/24 | 0.5 | — |
| JAMES KILGORE | DIRECTOR | 0.5 | — |
| STEVEN R KING | DIRECTOR | 0.5 | — |
| DR MATTHEW W LAMB | DIRECTOR | 0.5 | — |
| BRIAN T MALONEY | DIRECTOR | 0.5 | — |
| MARTIN MELILLI | DIRECTOR | 0.5 | — |
| DR DEBROAH MICAN | DIRECTOR | 0.5 | — |
| JEFFREY RUSSO | DIRECTOR | 0.5 | — |
| WILLARD A STANBACK ESQ | DIRECTOR | 0.5 | — |
| RICK ST JOHN | DIRECTOR | 0.5 | — |
| JEFFREY STOKES | DIRECTOR | 0.5 | — |
| DR MICHAEL R TOSCANI | DIRECTOR | 0.5 | — |
| CAROL VOORHEES | DIRECTOR | 0.5 | — |
| DR JAMAL E WATSON | DIRECTOR | 0.5 | — |
| CHRISTOPHER STRINGER | VP & CFO | 3.5 | $24,038 |
| MARY HEAGLEY | EXECUTIVE VP | 26.25 | $156,936 |
| JACLYN JOWORISAK | SECRETARY | 17.5 | $42,576 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Thomas Edison State University?
Thomas Edison State University is a nonprofit organization focused on Education, based in TRENTON, NJ. It holds $14.1M in total assets as of 2024.
How large is Thomas Edison State University?
As of 2024, Thomas Edison State University holds $14.1M in total assets with $1.4M in annual revenue. It awarded 2 grants totaling $605K in 2024.
Where does Thomas Edison State University operate?
Thomas Edison State University has awarded grants in New Jersey.
What size grants does Thomas Edison State University award?
In 2024, Thomas Edison State University awarded 2 grants totaling $605K — an average of about $302K per grant, based on its IRS Form 990 filings.
What is Thomas Edison State University's EIN?
Thomas Edison State University's EIN (Employer Identification Number) is 22-2117814. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Thomas Edison State University'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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