2014-05-13T16:06:33-05:00 2013-06-30 221478099 COHNREZNICK LLP 4 BECKER FARM ROAD ROSELAND NJ 07068 990 2012-07-01 237318742 RUTGERS UNIVERSITY FOUNDATION RUTG 7329322076 7 COLLEGE AVENUE WINANTS HALL NEW BRUNSWICK NJ 08901 CHRISTOPHER P ZRALY 7329322076 2014-05-13 1 THOMAS LANNING P00851654 9732283500 2012 2015-11-30 17:44:51Z CHRISTOPHER P ZRALY 120 ALBANY STREET SUITE 201 NEW BRUNSWICK NJ 08901 143100975 0 X WWW.SUPPORT.RUTGERS.EDU X 1973 NJ TO SUPPORT RUTGERS, THE STATE UNIVERSITY OF NEW JERSEY, AND HELP IT (CONTINUED ON SCHEDULE O) ATTAIN EXCELLENCE IN EDUCATION, RESEARCH AND PUBLIC SERVICE BY BUILDING RELATIONSHIPS WITH SUPPORTERS TO RAISE MONEY FOR RUTGERS. 73 73 631 75 0 0 64067385 96341606 3396702 4075987 587953 2233783 13549682 13129565 81601722 115780941 63290169 78771717 0 0 13592094 14304808 50420 63049 63049 9959260 9541280 86891943 102680854 -5290221 13100087 98248886 109432291 9654861 8802737 88594025 100629554 X THE SOLE MISSION OF THE RUTGERS UNIVERSITY FOUNDATION, SINCE ITS FOUNDING IN 1973, IS TO SUPPORT RUTGERS, THE STATE UNIVERSITY OF NEW JERSEY, 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. 0 0 93075392 78771717 18316668 THE RUTGERS UNIVERSITY FOUNDATION RAISES FUNDS TO MEET UNIVERSITY NEEDS AND SUPPLEMENT STATE, FEDERAL AND OTHER SOURCES FOR STUDENTS AND LEARNING INCLUDING SCHOLARSHIPS AND PROGRAMS, FACULTY AND RESEARCH, CAMPUSES AND FACILITIES, AND UNIVERSITY AND COMMUNITY PROGRAMS. 93075392 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 0 1 0 0 1 1 1 0 1 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 80 12 1 631 1 0 0 0 0 0 1 1 0 0 0 0 X 73 73 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AK AR CA HI KY MD MA MI MN NJ NY OH OK OR SC WA WV WI ME NH X CHRISTOPHER P ZRALY 7329328020 120 ALBANY STREET SUITE 201 NEW BRUNSWICK NJ 08901 ALAN M CROSTA JR 1.00 X 0 0 0 ALBERT R GAMPER JR 1.00 X 0 0 0 ANTHONY GRILLO 1.00 X X 0 0 0 ARTHUR CERTOSIMO 1.00 X 0 0 0 BARBARA M BAUER 1.00 X 0 0 0 BENJAMIN S WOLFE 1.00 X 0 0 0 BRIAN D PERKINS 1.00 X X 0 0 0 BRUCE C FEHN 1.00 X X 0 0 0 CHARLES CHANG 1.00 X 0 0 0 CHRISTINE M TIRITILLI 1.00 X 0 0 0 CHUCK CHAPLIN 1.00 X 0 0 0 DANIEL H WHEELER 1.00 X 0 0 0 DANIEL PHELAN 1.00 X 0 0 0 DUDLEY H RIVERS JR 1.00 X 0 0 0 DUNCAN L MACMILLAN 1.00 X X 0 0 0 GARY M RODKIN 1.00 X 0 0 0 GERALD H LIPKIN 1.00 X 0 0 0 GREGORY Q BROWN 1.00 X 0 0 0 HARRIETT DRUSKIN 1.00 X 0 0 0 HARVEY M SCHWARTZ 1.00 X 0 0 0 HERBERT C KLEIN 1.00 X 0 0 0 JAMES DOUGHERTY 1.00 X 0 0 0 JAMES G CULLEN 1.00 X 0 0 0 JEFFREY SERKES 1.00 X 0 0 0 JOEL E MILLER 1.00 X 0 0 0 JOHN J VANDER ZEE 1.00 X 0 0 0 JOSEPH MORONEY 1.00 X 0 0 0 JOYCE ALBERS-SCHONBERG 1.00 X 0 0 0 KAREN R WALSH 1.00 X 0 0 0 KENNETH D LAWRENCE 1.00 X 0 0 0 KENNETH M SCHMIDT 1.00 X 0 0 0 KEVIN D MCGRATH 1.00 X 0 0 0 LEO B SCHOFFER 1.00 X 0 0 0 LESLIE E GOODMAN 1.00 X 0 0 0 LOUISE PERRIN 1.00 X 0 0 0 LUCAS J VISCONTI 1.00 X 0 0 0 MARK MAGRANN 1.00 X 0 0 0 MARK P HERSHHORN 1.00 X 0 0 0 MARLENE A TEPPER 1.00 X 0 0 0 MICHAEL J ANGELIDES 1.00 X 0 0 0 MICHAEL N GOODKIND 1.00 X 0 0 0 NANCY ANGELL 1.00 X 0 0 0 PETER D CHERASIA 1.00 X 0 0 0 PETER W GIBSON 1.00 X 0 0 0 PHILIP S SCHEIN 1.00 X 0 0 0 PHILIP SCALO 1.00 X 0 0 0 RALPH IZZO 1.00 X 0 0 0 REED J TUPPER 1.00 X 0 0 0 RICHARD A ALAIMO 1.00 X 0 0 0 RICHARD GOLDMAN 1.00 X 0 0 0 RICHARD H SHINDELL 1.00 X 0 0 0 RICHARD S KLEIMAN 1.00 X 0 0 0 ROBERT E MORTENSEN 1.00 X 0 0 0 ROBERT L BARCHI 1.00 X 0 0 0 RONALD D WILSON 1.00 X X 0 0 0 RONALD GARUTTI 1.00 X 0 0 0 SCOTT FRANZBLAU 1.00 X 0 0 0 SHARON E KARMAZIN 1.00 X 0 0 0 STEVEN B BOEHM 1.00 X 0 0 0 STEVEN D PLOFKER 1.00 X 0 0 0 STEVEN H TEMARES 1.00 X 0 0 0 STEVEN M DARIEN 1.00 X 0 0 0 SUSAN REALE 1.00 X 0 0 0 TARA C YOUNG 1.00 X 0 0 0 TERRY S BIENSTOCK 1.00 X 0 0 0 THOMAS A RENYI 1.00 X 0 0 0 THOMAS MCKAY III 1.00 X 0 0 0 THOMAS WERBLIN 1.00 X 0 0 0 TIMOTHY L WHITESIDE 1.00 X 0 0 0 VAUGHN L MCKOY 1.00 X 0 0 0 WALTER A NALBANDIAN 1.00 X 0 0 0 WALTER L LEIB 1.00 X 0 0 0 WILLIAM V GIACONIA 1.00 X 0 0 0 ARLENE ROSOL 37.50 X 70307 0 22918 CAROL P HERRING 37.50 X 0 0 0 CHRISTOPHER P ZRALY 37.50 X 130004 0 10188 LAVINIA M BOXILL 37.50 X 0 0 0 JOYCE P HENDRICKS 37.50 X 185037 0 36885 JULIE D CUMMINGS 37.50 X 179944 0 18548 YUN WON CHO 37.50 X 204912 0 40282 LAURIE J REINHARDT-PLOTNIK 37.50 X 142679 0 26851 ROBERT CONSTANT 37.50 X 152070 0 25979 SUSAN MURRAY 37.50 X 162336 0 27403 SYLVIA HUMPHREY 37.50 X 166125 0 37445 1393414 0 246499 26 0 1 0 ELLUCIAN COMPANY LP 62578 COLLECTIONS CENTER DRIVE CHICAGO IL 60693 SOFTWARE/DATABASE CONSULTING AND TRAININ 161381 1 517537 95824069 7928282 96341606 GIFT ASSESSMENT FEES 900099 4075987 4075987 4075987 946896 946896 26960490 25673603 1286887 1286887 1286887 227239 517537 1491725 -1264486 -1264486 308076 154706 153370 153370 ADMIN FEES & SUPPORT 900099 14222682 14222682 OTHER INCOME 900099 17999 17999 14240681 115780941 18316668 0 1122667 78771717 78771717 1107472 1107472 9774132 8035369 1738763 788672 580886 207786 1831437 1092171 739266 803095 620234 182861 2719462 966223 1753239 65032 5802 59230 145607 145607 63049 63049 42384 42384 316273 122614 193659 129578 109409 20169 504245 105069 399176 383625 66011 317614 614579 542 614037 299556 246962 52594 211142 135766 75376 148971 148971 PAYMENTS TO ANNUITANTS 1468305 1468305 OTHER 1287964 1287964 PRINTING AND PUBLICATIO 498246 495077 3169 OTHER EQUIPMENT 350331 23538 326793 355980 229697 126283 102680854 93075392 9542413 63049 18325632 17141403 47105743 56806366 3133612 3283959 221953 395540 26634439 28817652 2079091 2424794 748416 562577 98248886 109432291 2453370 2029626 556769 220423 6644722 6552688 9654861 8802737 X 20679894 18978588 63621214 72765261 4292917 8885705 88594025 100629554 98248886 109432291 X 13100087 -1061287 -3271 X X 0 1 X 1 0 X 100971952 55591535 73533379 64067385 96210372 390374623 100971952 55591535 73533379 64067385 96210372 390374623 5050529 385324094 2058859 1426419 1321027 1168498 946896 6921699 12731606 12819194 14073776 14363451 14240681 68228708 465525030 19694990 0.82770 0.81630 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: ADMIN FEE AND SUPPORT RUTGERS - 2008 AMOUNT: $ 12,731,606. 2009 AMOUNT: $ 12,819,194. 2010 AMOUNT: $ 13,073,526. 2011 AMOUNT: $ 14,362,751. 2012 AMOUNT: $ 14,222,682. OTHER INCOME - 2010 AMOUNT: $ 1,000,250. 2011 AMOUNT: $ 700. 2012 AMOUNT: $ 17,999. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 16988002 179221 63368 26708 17077147 23976986 14895 430869 909269 6500000 25479 16988002 1270885 25202443 565608 36950 3000000 25000 23976986 1067923 150000 107362 54400 1270885 1065115 25000 25773 47965 1067923 0.98510 0.01490 0 0 0 ANNUITIES PAYABLE 6150416 OTHER LIABILITIES 402272 6552688 X 117865685 -1061287 1502871 -3271 438313 117427372 -1646431 -1646431 115780941 105830156 1502871 1646431 3149302 102680854 0 102680854 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE FOUNDATION HAS BEEN CLASSIFIED BY THE INTERNAL REVENUE SERVICE AS AN ORGANIZATION DESCRIBED UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND THEREFORE IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE CODE. PART XI, LINE 2D - OTHER ADJUSTMENTS: ADJUSTMENT OF ACTUARIAL LIABILITY FOR ANNUITIES PAYABLE -3,271. PART XI, LINE 4B - OTHER ADJUSTMENTS: EVENT AND GAMING EXPENSES RECORDED AS EXPENSES ON FINANCIAL STATEMENTS -1,646,431. PART XII, LINE 2D - OTHER ADJUSTMENTS: EVENT AND GAMING EXPENSES RECORDED AS EXPENSES ON FINANCIAL STATEMENTS 1,646,431. EUROPE 0 0 INVESTMENT 239008 NORTH AMERICA 0 0 INVESTMENT 89134 MIDDLE EAST 0 0 INVESTMENT 337000 CENTRAL AMERICA & THE CARIBBEAN 0 0 INVESTMENT 40059 SOUTH AMERICA 0 0 INVESTMENT 15070 0 0 0 0 0 0 720271 0 720271 0 0 0 0 0 0 X X X X X X 0 MARTS AND LUNDY 1200 WALL ST WEST LYNDHURST NJ 07071 FUNDRAISING CONSULTING SERVICES 0 0 30722 -30722 BENEQUEST LLC 250 HIGHLAND AVE NORWALK CT 06854 FUNDRAISING CONSULTING SERVICES 0 0 32327 -32327 63049 -63049 AL AK AZ AR CA CO CT DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY DC LEAP GALA 130636 71238 59398 RU HELMET AUCTION 116744 111268 5476 19 497396 335031 162365 1491725 744776 517537 227239 1491725 1491725 -1264486 308076 154684 22 1 1.00000 308076 154684 22 154706 153370 NJ 1 0 0 0 1.00000 CHRISTOPHER ZRALY 7 COLLEGE AVE WINANTS HALL NEW BRUNSWICK NJ 08901 0 CHRISTOPHER ZRALY X 0 1 RUTGERS UNIVERSITY 65 DAVIDSON ROAD PISCATAWAY NJ 08854 226001086 170(B)(1)(A)(II) 77724163 EDUCATION-RELATED DOUGLASS ASSOCIATE ALUMNAE 191 RYDERS LANE NEW BRUNSWICK NJ 08901 221607270 501 (C) (3) 1027554 EDUCATION-RELATED BUILDING OUR FUTURE 1700 MAIN STREET STE 4 LAKE COMO NJ 07719 501(C)(4) 20000 UNRESTRICTED 2 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE FOUNDATION MAINTAINS TRANSFER RECORDS FOR ALL GIFTS RAISED FOR THE UNIVERSITY AND THE UNIVERSITY MONITORS THE EXPENDITURES OF THOSE FUNDS, ALSO THE FOUNDATION PROVIDES STEWARDSHIP REPORTS TO DONORS REGARDING USAGE OF FUNDS. X X X X 0 0 0 0 0 0 0 1 0 JOYCE P HENDRICKS 182389 0 1750 0 898 0 15115 0 21770 0 221922 0 0 0 JULIE D CUMMINGS 176609 0 1750 0 1585 0 14383 0 4165 0 198492 0 0 0 YUN WON CHO 202730 0 1750 0 432 0 16479 0 23803 0 245194 0 0 0 LAURIE J REINHARDT-PLOTNIK 140781 0 1250 0 648 0 11517 0 15334 0 169530 0 0 0 ROBERT CONSTANT 150534 0 1250 0 286 0 12215 0 13764 0 178049 0 0 0 SUSAN MURRAY 159471 0 750 0 2115 0 12487 0 14916 0 189739 0 0 0 SYLVIA HUMPHREY 162612 0 1250 0 2263 0 13552 0 23893 0 203570 0 0 0 PART I, LINE 7 TWO BONUSES WERE PAID TO ALL EMPLOYEES EMPLOYED AT SPECIFIC TIMES DURING CALENDAR YEAR 2012. THESE ACROSS THE BOARD BONUS PAYMENTS WERE THE RESULT OF A SALARY IMPROVEMENT PROGRAM AND WERE NOT PERFORMANCE BASED. X 18 640183 FMV X 62196 FMV X 2 FMV X 308 6747336 FMV X 1 30000 ESTIMATED FMV X 1 120000 FMV X 1 20325 FMV X OTHER EQUIPMENT 5 308177 FMV X SPORTING EVENTS 7 7 FMV X MISCELLANEOUS 57 56 0 0 0 FORM 990, PART I, LINE 5 PART I LINE 5 INDICATES THE RUTGERS UNIVERSITY FOUNDATION EMPLOYED 631 INDIVIDUALS DURING CALENDAR YEAR 2012. THE FOUNDATION EMPLOYS APPROXIMATELY 200 FULL-TIME PROFESSIONAL FUNDRAISING STAFF MEMBERS. THE BALANCE ARE PRIMARILY PART-TIME STUDENT CALLERS WHO SOLICIT GIFTS FOR THE FOUNDATION'S RUTGERS FUND, AN ANNUAL FUNDRAISING ACTIVITY. FORM 990, PART VI, SECTION B, LINE 11 FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM BASED ON INFORMATION PROVIDED BY THE FOUNDATION'S STAFF. DRAFT RETURN IS REVIEWED BY THE CFO AND THEN PRESENTED TO THE AUDIT COMMITTEE FOR THEIR REVIEW AND APPROVAL ON BEHALF OF THE FULL BOARD. THE FULL BOARD OF OVERSEERS IS PROVIDED A COPY OF THE APPROVED FORM 990 FOR THEIR REVIEW PRIOR TO SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C THE AUDIT COMMITTEE CHAIR REVIEWS ALL RELATED PARTY TRANSACTION DISCLOSURE FORMS NOT LESS THAN ANNUALLY. IN THE EVENT THAT A BOARD MEMBER'S OR STAFF MEMBER'S STATUS CHANGES DURING THE YEAR THE AUDIT COMMITTEE CHAIR WOULD REVIEW THE UPDATED CHANGE. ALL DISCLOSURE FORMS ARE AVAILABLE TO MEMBERS OF THE BOARD OF OVERSEERS UPON REQUEST. FORM 990, PART VI, SECTION B, LINE 15 THE AUDIT COMMITTEE CHAIR REVIEWS ALL RELATED PARTY TRANSACTION DISCLOSURE FORMS NOT LESS THAN ANNUALLY. IN THE EVENT THAT A BOARD MEMBER'S STATUS CHANGES DURING THE YEAR THE AUDIT COMMITTEE CHAIR WOULD REVIEW THE UPDATED CHANGE. ALL DISCLOSURE FORMS ARE AVAILABLE TO MEMBERS OF THE BOARD OF OVERSEERS UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST ONLY AT THIS TIME. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: ADJUSTMENT OF ACTUARIAL LIABILITY -3,271. FORM 990, PART XII, LINE 2C THE RUTGERS UNIVERSITY FOUNDATION HAS AN AUDIT COMMITTEE OF THE BOARD OF OVERSEERS. THIS COMMITTEE ADVISES THE FULL BOARD ON ALL AUDITING AND ACCOUNTING MATTERS, HAS OVERSIGHT OVER THE QUALITY AND INTEGRITY OF THE FOUNDATION'S ACCOUNTING, INTERNAL CONTROL AND FINANCIAL REPORTING PRACTICES. THIS COMMITTEE REVIEWS ALL FINANCIAL REPORTS, AUDIT REPORTS, TAX FILINGS AND OTHER INFORMATION THAT RELATES TO THE COMMITTEE'S RESPONSIBILITIES PROVIDED BY THE FOUNDATION OR ITS EXTERNAL AUDITORS, ASSESSES THE FOUNDATION'S SYSTEM OF INTERNAL CONTROLS, AND ASSURES THE INDEPENDENCE OF THE EXTERNAL AUDITORS. CONSISTENT WITH THIS PURPOSE, THE AUDIT COMMITTEE PROPOSES TO THE BOARD THE APPOINTMENT OF THE EXTERNAL AUDITORS FOR THE ANNUAL EXAMINATION OF THE FOUNDATIONS YEAR-END FINANCIAL STATEMENTS AND OTHER AUDIT NEEDS AS NECESSARY.