MONTCLAIR STATE UNIVERSITY FOUNDATION INC: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- MONTCLAIR STATE UNIVERSITY FOUNDATION INC (EIN 22-6017209)
- Tax period
- 2023-07-01 to 2024-06-30
- Filed
- 2025-03-14
- IRS object ID
- 202510739349301751
- Schema version
- 2023v6.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-03-14T13:47:51-05:00 | ReturnTs |
| Tax Period End | 2024-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 873231666 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PKF O'CONNOR DAVIES ADVISORY LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 TICE BOULEVARD SUITE 315 | AddressLine1Txt |
| City | WOODCLIFF LAKE | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07677 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 226017209 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MONTCLAIR STATE UNIVERSITY FOUNDATION | BusinessNameLine1Txt |
| Business Name Line2 | INC | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MONT | BusinessNameControlTxt |
| Phone | 9736554344 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE NORMAL AVE COLLEGE HALL 300 | AddressLine1Txt |
| City | MONTCLAIR | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07043 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SHIN K MOON | PersonNm |
| Person Title | AVP - FINANCE | PersonTitleTxt |
| Phone | 9736554344 | PhoneNum |
| Signature | 2025-03-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | GARRETT M HIGGINS | PreparerPersonNm |
| PTIN | P00543209 | PTIN |
| Phone | 2017129800 | PhoneNum |
| Preparation | 2025-03-04 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | GREGORY COLLINS | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE NORMAL AVE COLLEGE HALL 300 | AddressLine1Txt |
| City | MONTCLAIR | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07043 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $25,369,526 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.MONTCLAIR.EDU/GIVING | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1960 | FormationYr |
| Legal Domicile State | NJ | LegalDomicileStateCd |
| Activity Or Mission | FOR FISCAL 2023 THE FOUNDATION CONTINUED ITS INCREASED SCHOLARSHIP SUPPORT FOR THE STUDENTS OF THE UNIVERSITY WITH NEED BASED ON SOCIO-ECONOMIC BACKGROUND.IN ADDITION, THE FOUNDATION ALSO PROVIDED ADDITIONAL SUPPORT FOR RESEARCH SPECIFIC FUNDING FOR THE UNIVERSITY IN RESPONSE TO INITIATIVES FOR ITS RESEARCH WORK IN THE SCIENCES, FOR THE ENHANCEMENT AND CLARITY OF COMMUNICATIONS WITHIN MAJOR MEDIA SECTORS, ITS CENTER FOR HUMAN TRAFFICKING, ITS SCHOOL OF BUSINESS, ITS SCHOOL OF SCIENCE & MATHEMATICS AND ECO-EXPLORER'S PROGRAM, AND ITS SUSTAINABILITY PROGRAM AND FOR OTHER SUPPORT. | ActivityOrMissionDesc |
| Voting Members Governing Body | 27 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 27 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 50 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $11,745,595 | PYContributionsGrantsAmt |
| CY Contributions Grants | $12,320,929 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $3,546,119 | PYInvestmentIncomeAmt |
| CY Investment Income | $2,501,282 | CYInvestmentIncomeAmt |
| PY Other Revenue | $55,609 | PYOtherRevenueAmt |
| CY Other Revenue | -$13,617 | CYOtherRevenueAmt |
| PY Total Revenue | $15,347,323 | PYTotalRevenueAmt |
| CY Total Revenue | $14,808,594 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $8,642,557 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $7,170,085 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $0 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $0 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $107,638 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $205,979 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $1,607,591 | PYOtherExpensesAmt |
| CY Other Expenses | $1,849,032 | CYOtherExpensesAmt |
| PY Total Expenses | $10,357,786 | PYTotalExpensesAmt |
| CY Total Expenses | $9,019,117 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $4,989,537 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $5,789,477 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $119,002,563 | TotalAssetsBOYAmt |
| Total Assets EOY | $135,561,646 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $3,718,944 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $3,467,249 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $115,283,619 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $132,094,397 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE MONTCLAIR STATE UNIVERSITY FOUNDATION ("THE FOUNDATION") WAS ESTABLISHED FOR THE PURPOSE OF ENCOURAGING AND SUPPORTING THE GROWTH AND DEVELOPMENT OF MONTCLAIR STATE UNIVERSITY THROUGH FUNDRAISING ACTIVITIES WHICH AID IN FURTHERING THE EDUCATIONAL, EXPERIENTAL, AND CULTURAL INFLUENCE FOR ITS STUDENTS, FACULTY, AND STAFF.FUNDS RAISED ARE USED PRIMARILY FOR SCHOLARSHIP SUPPORT, SUPPORT FOR PROGRAMMATIC INITIATIVES WHICH ESTABLISH AND OR FUND CENTERS FOR ACADEMIC RESEARCH AND STUDY, AND SUPPORT FOR THE MAINTENANCE AND REPAIR OF ACADEMIC FACILITIES. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $4,656,174 | ExpenseAmt |
| Grant | $4,533,838 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | MONTCLAIR STATE UNIVERSITY SUSTAINS IT REPUTATION FOR EXCELLENCE IN PART BY PROVIDING EXCEPTIONAL CURRICULAR AND PROGRAMMATIC ACTIVITIES WHICH FOSTER A HIGH QUALITY LEARNING ENVIRONMENT. THE FOUNDATION PROVIDES NEEDED SUPPORT TO COLLEGES/SCHOOLS ON THE UNIVERSITY CAMPUS TOWARDS THIS ENDEAVOR, AUGMENTING STATE BUDGETED FUNDS WITH ADDITIONAL FUNDING FOR ENHANCED COURSE CURRICULUM, THE OPERATIONS OF INSTITUTES WHICH FURTHER LEARNING, AND OTHER ESSENTIAL NEEDS. FUNDING IS RECEIVED FROM INDIVIDUALS, CORPORATIONS, PRIVATE FOUNDATION AND OTHER SOURCES. THE FOUNDATION MANAGES OVER 600 FUNDS WHICH HAVE BEEN CREATED BASED ON DONOR RESTRICTIONS TOWARDS THESE PURPOSES. FUNDS MAY BE TEMPORARILY RESTRICTED OR PERMANENTLY RESTRICTED (ENDOWED) BASED ON DONOR INTENT. FOUNDATION SUPPORT OFTEN SERVES AS THE SOLE SOURCE OF FUNDING IN ORDER TO SUSTAIN THESE VITAL INITIATIVES. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $2,636,247 | ExpenseAmt |
| Grant | $2,636,247 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | THE FOUNDATION MANAGES IN EXCESS OF 250 FUNDS ESTABLISHED TO AWARD SCHOLARSHIPS FOR THE STUDENT POPULATION OF MONTCLAIR STATE UNIVERSITY. SCHOLARSHIP FUNDS ARE AVAILABLE TO STUDENTS BASED ON NEED OR MERIT. ADDITIONALLY, SUCH FUNDS PERMIT THE AWARD TO STUDENTS AT THE ADMISSIONS LEVEL AND/OR ARE RESTRICTED TO A SPECIFIC COLLEGE/SCHOOL, DEPARTMENT, MAJOR OR OTHER DEFINED CRITERIA. FUNDING TOWARDS SCHOLARSHIPS IS GENERATED FROM INDIVIDUALS, CORPORATIONS, PRIVATE FOUNDATIONS, EVENTS AND OTHER SOURCES. FUNDS MAY BE TEMPORARILY RESTRICTED OR PERMANENTLY RESTRICTED (ENDOWED) BASED ON DONOR INTENT. THE FOUNDATION, IN SERVING THE NEEDS OF MONTCLAIR STATE UNIVERSITY, ACKNOWLEDGES THAT ONE OF THE TOP PRIORITIES FOR FUNDRAISING STEMS FROM THE NEED TO MEET THE CHALLENGES REGARDING THE COST OF EDUCATION FOR TODAY'S STUDENTS. THE FOUNDATION FOCUSES ON BOTH SHORT-TERM AND LONG-TERM NEEDS, FACTORING INCREASING STUDENT ENROLLMENT, THE ECONOMY, STATE FUNDING TO THE UNIVERSITY, AND LONG RANGE GROWTH PLANS OF THE UNIVERSITY; AMONG OTHER FACTORS. SCHOLARSHIP AWARDS CONTINUE TO INCREASE AND FOR FISCAL 2024 IN EXCESS OF 1,500 AWARDS WERE MADE TO BOTH NEED AND MERIT BASED STUDENTS. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $84,388 | ExpenseAmt |
| Revenue | $0 | RevenueAmt |
| Desc | THE FOUNDATION MANAGES AN ANNUAL EVENT WHICH IS DESIGNED TO INCREASE DONOR CONNECTIVITY, AWARENESS OF THE NEEDS OF THE UNIVERSITY AND THE FOUNDATION, AND TO FULFILL THE MISSION OF ACADEMIC EXCELLENCE. THE EVENT ENABLES THE FOUNDATION TO PROVIDE RESOURCES FOR MUCH NEEDED SUPPORT TO UNIVERSITY STUDENT-ATHLETES AS THEY BALANCE THEIR ATHLETIC COMMITMENTS WITH EDUCATIONAL PRIORITIES. FOR FISCAL 2024 THE NET PROCEEDS OF THE GOLF OUTING WERE USED IN CONTINUED SUPPORT OF VIRTUAL BROADCASTING CAPABILITIES FOR ALL SPORTING EVENTS IN A SOCIAL MEDIA ENVIRONMENT. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $7,376,809 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | Yes (1) | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | 0 | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 13 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 27 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 27 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | 0 | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | NJ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SHIN K MOON | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9736554344 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE NORMAL AVENUE COLLEGE HALL ROOM | AddressLine1Txt |
| City | MONTCLAIR | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07043 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (29 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| GREGORY COLLINS | ||||||
| CHAIR | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| ANTHONY CARLINO | ||||||
| VICE CHAIR | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| PENELOPE VANCE | ||||||
| SECRETARY | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| ROBERT IACULLO | ||||||
| TREASURER | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| ANGELO J GENOVA | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| BETH GOTTUNG | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| CYNTHIA WATSON | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| DAVE WERTHEIM | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| DENISE ROVER | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| DENNIS BONE | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| GREG SHANAPHY | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| HAROLD BRYANT | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| JAMES MERLI | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| JEFFREY L JOHNSON | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| JUDITH A SCHUMACHER-TILTON | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| KEITH ANSBACHER | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| KEVIN BRADLEY | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| LESTER TAYLOR | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MARILYN GRABOWKSI | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| NADINE LESLIE | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| ROBERT GREGORY | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| ROBERT J LIEBERMAN | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| STEVEN RESNICK | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| ERIK JACOBSEN - EX-OFFICIO | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| JONATHAN KOPPELL - EX-OFFICIO | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| RITA WALTERS - EX-OFFICIO | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| ROSE C CALI - EX-OFFICIO | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| JEFFREY CAMPO EXEC DIR | ||||||
| AVP - FINANCE - THRU 2/2024 | 30.00 | Yes (X) | $141,194 | $0 | $25,801 | |
| SHIN K MOON | ||||||
| AVP - FINANCE - EFF. 4/2024 | 30.00 | Yes (X) | $0 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $141,194 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $25,801 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 1 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | Yes (1) | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp
Contractor Name ContractorName
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GOLDMAN SACHS | BusinessNameLine1Txt |
Contractor Address ContractorAddress
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 WEST STREET | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10282 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Services | INVESTMENT ADVISORY | ServicesDesc |
| Compensation | $465,542 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 1 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $159,905 | FundraisingAmt |
| All Other Contributions | $12,161,024 | AllOtherContributionsAmt |
| Noncash Contributions | $26,115 | NoncashContributionsAmt |
| Total Contributions | $12,320,929 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,363,698 | TotalRevenueColumnAmt |
| Exclusion | $2,363,698 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $10,633,980 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $10,496,396 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $137,584 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $137,584 | TotalRevenueColumnAmt |
| Exclusion | $137,584 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $50,919 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $159,905 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $64,536 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$13,617 | TotalRevenueColumnAmt |
| Exclusion | -$13,617 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $14,808,594 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $2,487,665 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,170,085 | TotalAmt |
| Program Services | $7,170,085 | ProgramServicesAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,429 | TotalAmt |
| Program Services | $660 | ProgramServicesAmt |
| Management And General | $12,769 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $96,250 | TotalAmt |
| Management And General | $96,250 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $488,798 | TotalAmt |
| Management And General | $488,798 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20,981 | TotalAmt |
| Program Services | $6,051 | ProgramServicesAmt |
| Management And General | $14,930 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $216,751 | TotalAmt |
| Management And General | $216,751 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $29,341 | TotalAmt |
| Program Services | $29,341 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $53,008 | TotalAmt |
| Program Services | $2,009 | ProgramServicesAmt |
| Management And General | $50,999 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt | Program ServicesProgramServicesAmt |
|---|---|---|---|---|
| PURCHASED SERVICES | $540,620 | $540,620 | ||
| FUNDRAISING EXPENSES | $205,979 | $205,979 | ||
| FOOD/EVENT MEALS | $73,976 | $73,976 | ||
| OUTSIDE SERVICES | $58,186 | $58,186 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $51,713 | TotalAmt |
| Program Services | $36,501 | ProgramServicesAmt |
| Management And General | $15,212 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,019,117 | TotalAmt |
| Program Services | $7,376,809 | ProgramServicesAmt |
| Management And General | $1,436,329 | ManagementAndGeneralAmt |
| Fundraising | $205,979 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $48,777 | BOYAmt |
| EOY | $30,409 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,254,510 | BOYAmt |
| EOY | $5,338,001 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,918,432 | BOYAmt |
| EOY | $7,876,589 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $67,650 | BOYAmt |
| EOY | $17,400 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $80,953,381 | BOYAmt |
| EOY | $96,239,973 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,758,165 | BOYAmt |
| EOY | $26,043,258 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,648 | BOYAmt |
| EOY | $16,016 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $119,002,563 | BOYAmt |
| EOY | $135,561,646 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,718,944 | BOYAmt |
| EOY | $3,467,249 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,718,944 | BOYAmt |
| EOY | $3,467,249 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,758,336 | BOYAmt |
| EOY | $21,887,879 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $101,525,283 | BOYAmt |
| EOY | $110,206,518 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $115,283,619 | BOYAmt |
| EOY | $132,094,397 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $119,002,563 | BOYAmt |
| EOY | $135,561,646 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $5,789,477 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $11,294,796 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$273,495 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $6,791,207 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $9,694,438 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $9,216,535 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $11,745,595 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $12,240,224 | CurrentTaxYearAmt |
| Total | $49,687,999 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $22,400 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $22,400 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $22,400 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $22,400 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $22,400 | CurrentTaxYearAmt |
| Total | $112,000 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $6,813,607 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $9,716,838 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $9,238,935 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $11,767,995 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $12,262,624 | CurrentTaxYearAmt |
| Total | $49,799,999 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $9,768,746 | SubstantialContributorsTotAmt |
| Public Support Total170 | $40,031,253 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,870,756 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,558,577 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,253,403 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,956,423 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,363,698 | CurrentTaxYearAmt |
| Total | $14,002,857 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | $33,109 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $67,088 | CurrentTaxYearAmt |
| Total | $100,197 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $63,903,053 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $90,900 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.62640 | PublicSupportCY170Pct |
| Public Support PY170 | 0.63710 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Coll Used Scholarly Rsrch | Yes (X) | CollUsedScholarlyRsrchInd |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
Collection Used Other Purposes CollectionUsedOtherPurposesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Other Purposes | Yes (X) | CollectionUsedOtherPurposesInd |
| Other Purposes | SEE SCHEDULE O | OtherPurposesDesc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $89,541,993 | BeginningYearBalanceAmt |
| Contributions | $6,785,443 | ContributionsAmt |
| Investment Earnings Or Losses | $6,545,936 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $2,743,005 | GrantsOrScholarshipsAmt |
| End Year Balance | $100,130,367 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $87,064,168 | BeginningYearBalanceAmt |
| Contributions | $1,197,225 | ContributionsAmt |
| Investment Earnings Or Losses | $3,828,862 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $2,548,263 | GrantsOrScholarshipsAmt |
| End Year Balance | $89,541,993 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $82,445,211 | BeginningYearBalanceAmt |
| Contributions | $3,576,148 | ContributionsAmt |
| Investment Earnings Or Losses | $3,292,169 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $2,249,360 | GrantsOrScholarshipsAmt |
| End Year Balance | $87,064,168 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $81,122,946 | BeginningYearBalanceAmt |
| Contributions | $3,427,335 | ContributionsAmt |
| Investment Earnings Or Losses | $3,002,921 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $5,107,991 | GrantsOrScholarshipsAmt |
| End Year Balance | $82,445,211 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $79,238,881 | BeginningYearBalanceAmt |
| Contributions | $2,436,467 | ContributionsAmt |
| Investment Earnings Or Losses | $3,299,887 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $3,852,289 | GrantsOrScholarshipsAmt |
| End Year Balance | $81,122,946 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.02332 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.61432 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.36236 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
| Total Book Value Land Buildings | $0 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (6 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| BENEFICIAL INTEREST IN TRUSTS | $261,693 | F |
| BENEFICIAL INTEREST IN SPLIT-INTEREST AGREEMENTS | $46,538 | F |
| CASH SURRENDER VALUE OF LIFE INSURANCE | $107,643 | F |
| ALTERNATIVE INVESTMENTS | $20,351,780 | F |
| PRIVATE EQUITY REAL ESTATE | $424,601 | F |
| PRIVATE CREDIT | $4,851,003 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $26,043,258 | TotalBookValueSecuritiesAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $28,483,786 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $11,294,796 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $2,842,405 | DonatedServicesAndUseFcltsAmt |
| Other Revenue | $42,930 | OtherRevenueAmt |
| Revenue Not Reported | $14,180,131 | RevenueNotReportedAmt |
| Revenue Subtotal | $14,303,655 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $488,798 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $16,141 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $504,939 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $14,808,594 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $11,673,008 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $2,842,405 | DonatedServicesUseFcltsAmt |
| Other Expenses Included | $300,284 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $3,142,689 | ExpensesNotReportedAmt |
| Expenses Subtotal | $8,530,319 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $488,798 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $488,798 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $9,019,117 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART III, LINE 4: | WILSON ART IS HELD FOR SCHOLARLY RESEARCH BY UNIVERSITY STUDENTS ENTERED IN THE COLLEGE OF THE ARTS, WITH AN ADDITIONAL INTENT TO HOLD PIECES FOR STUDY BY FUTURE GENERATIONS. THE WILSON ART WORK IS CONSIDERED TO BE AN EXAMPLE OF ABSTRACT EXPRESSIONISM IN POST-WORLD WAR II PROVIDING A DEPTH OF ART FROM A NEW JERSEY BASED ARTIST WITH ROOTS IN NEW YORK CITY. THE ART FURTHERS THE MISSION OF THE FOUNDATION AS IT SERVES THE EXPERIENTIAL LEARNING ENVIRONMENT FOR MONTCLAIR STATE UNIVERSITY STUDENTS. |
| PART V, LINE 4: | ENDOWMENT FUNDS ARE USED FOR SCHOLARSHIPS AND OTHER GRANTS IN COMPLIANCE WITH THE DONOR PROVISIONS. |
| PART X, LINE 2: | THE FOUNDATION RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY WHEN THEY ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE FOUNDATION HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE FOUNDATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO THE YEAR 2021. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | FUNDRAISING EXPENSES NETTED AGAINST REVENUE 42,930. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | CHANGE IN VALUE OF SPLIT-INTEREST, CASH SURRENDER, & BENEFICIAL INTEREST 16,141. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | FUNDRAISING EXPENSES NETTED AGAINST REVENUE 42,930. WRITE OFF OF UNCOLLECTIBLE PLEDGES 257,354. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (2 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|
| CENTRAL AMERICA AND THE CARIBBEAN | 0 | 0 | INVESTMENTS | $10,884,721 |
| EUROPE (INCLUDING ICELAND & GREENLAND) | 0 | 0 | INVESTMENTS | $14,742,663 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $25,627,384 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $25,627,384 | TotalSpentAmt |
| Transfer To Foreign Corp | 0 | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (1) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | RED HAWK OPEN | Event1Nm |
| Gross Receipts Event1 | $130,119 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $79,200 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $50,919 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $42,644 | RentFacilityCostsEvent1Amt |
| Other Direct Expenses Event1 | $21,892 | OtherDirectExpensesEvent1Amt |
| Event2 | OTHER | Event2Nm |
| Gross Receipts Event2 | $80,705 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $80,705 | CharitableContriEvent2Amt |
| Gross Receipts Total | $210,824 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $159,905 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $50,919 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $42,644 | RentFcltyCostsTotalEventsAmt |
| Oth Direct Expnss Total Events | $21,892 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $64,536 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$13,617 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MONTCLAIR STATE UNIVERSITY | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 NORMAL AVENUE | AddressLine1Txt |
| City | MONTCLAIR | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07043 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient EIN | 222912682 | RecipientEIN |
| Cash Grant | $7,170,085 | CashGrantAmt |
| Non Cash Assistance | $0 | NonCashAssistanceAmt |
| Purpose Of Grant | GRANTS TO SUPPORT UNIVERSITY EDUCATIONAL ASSISTANCE & PROGRAMS | PurposeOfGrantTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE FOUNDATION RELIES ON MONTCLAIR STATE UNIVERSITY FOR THE SELECTION OF GRANTEES AND FOR THE ESTABLISHMENT OF CRITERIA FOR AWARDING GRANTS. THE UNIVERSITY TRACKS THE USE OF GRANT PROCEEDS AND TRACKS THE USAGE OF THE GRANT IN ACCORDANCE WITH THE GRANT AWARD TERMS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JEFFREY CAMPO EXEC DIR | PersonNm |
| Title | AVP - FINANCE - THRU 2/2024 | TitleTxt |
| Base Compensation Filing Org | $137,330 | BaseCompensationFilingOrgAmt |
| Compensation Based On Rltd Orgs | $0 | CompensationBasedOnRltdOrgsAmt |
| Bonus Filing Organization | $0 | BonusFilingOrganizationAmount |
| Bonus Related Organizations | $0 | BonusRelatedOrganizationsAmt |
| Other Compensation Filing Org | $3,864 | OtherCompensationFilingOrgAmt |
| Other Compensation Rltd Orgs | $0 | OtherCompensationRltdOrgsAmt |
| Deferred Compensation Flng Org | $7,505 | DeferredCompensationFlngOrgAmt |
| Deferred Comp Rltd Orgs | $0 | DeferredCompRltdOrgsAmt |
| Nontaxable Benefits Filing Org | $18,296 | NontaxableBenefitsFilingOrgAmt |
| Nontaxable Benefits Rltd Orgs | $0 | NontaxableBenefitsRltdOrgsAmt |
| Total Compensation Filing Org | $166,995 | TotalCompensationFilingOrgAmt |
| Total Compensation Rltd Orgs | $0 | TotalCompensationRltdOrgsAmt |
| Comp Report Prior990 Filing Org | $0 | CompReportPrior990FilingOrgAmt |
| Comp Report Prior990 Rltd Orgs | $0 | CompReportPrior990RltdOrgsAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART VII, LINE 5: | FormAndLineReferenceDesc |
| Explanation | JEFFREY CAMPO, EXECUTIVE DIR./AVP OF FINANCE, IS EMPLOYED AND COMPENSATED BY MONTCLAIR STATE UNIVERSITY, AN UNRELATED PARTY. HE DEVOTES 75% OF HIS TIME TO MONTCLAIR STATE UNIVERSITY FOUNDATION AND, IN COMPLIANCE WITH PART VII INSTRUCTIONS OF THE 990, HAS 75% OF HIS COMPENSATION ALLOCATED TO THE FOUNDATION ($166,995). | ExplanationTxt |
Schedule M IRS990ScheduleM
Clothing And Household Goods ClothingAndHouseholdGoodsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Noncash Contributions Rpt F990 | $4,140 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | COST/PURCHASE PRICE | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp (3 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | MUSIC INSTRUMENTS | 2 | $10,000 | COST/PURCHASE PRICE |
| Yes (X) | SPORTING GOODS | 8 | $7,925 | COST/PURCHASE PRICE |
| Yes (X) | FOOD/BEVERAGES | 2 | $4,050 | COST/PURCHASE PRICE |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (1) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, COLUMN (B): | THE ORGANIZATION IS REPORTING THE AMOUNT OF CONTRIBUTORS IN SCHEDULE M, PART I, COLUMN B. |
| PART I, LINE 32B: | THE FOUNDATION WORKS WITH 2 ART GALLERIES FOR THE SALE OF ART HELD FOR RESALE, OPERATING ON A CONSIGNED BASIS FOR A EQUAL SHARE OF PROCEEDS REALIZED. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | MONTCLAIR STATE UNIVERSITY FOUNDATION, INC. HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEEN PREPARED, THE AVP - FINANCE AND THE AUDIT COMMITTEE REVIEW FORM 990 FOR ACCURACY AND COMPLETENESS. THE FORM 990 IS THEN DISTRIBUTED BY HARD COPY TO THE BOARD MEMBERS FOR FINAL REVIEW AND APPROVAL. ONCE AGREED, THE FORMS ARE SIGNED BY APPROPRIATE OFFICERS AND ELECTRONICALLY FILED WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | MONTCLAIR STATE UNIVERSITY FOUNDATION, INC. CURRENTLY HAS IN PLACE A CONFLICT OF INTEREST POLICY THAT APPLIES TO THE BOARD OF TRUSTEES, AS WELL AS THE EXECUTIVE DIRECTOR. THE BOARD OF TRUSTEES, WITH THE ASSISTANCE OF THE FOUNDATION COUNSEL, REVIEWS ANNUALLY THE REQUIREMENT AND PROCEDURES PROVIDED IN THE CONFLICT OF INTEREST AND RECUSAL PROCEDURES. EACH TRUSTEE MUST ANNUALLY SIGN A FORM INDICATING THE DATE THE CODE OF ETHICS WAS RECEIVED AND ACKNOWLEDGING THAT HE/SHE IS RESPONSIBLE FOR READING THE CODE AND IS BOUND BY IT. IN ACCORDANCE WITH THE POLICY, A TRUSTEE MUST DISCLOSE ANY POTENTIAL CONFLICT AND RECUSE HIM/HERSELF FROM A MATTER THAT HE/SHE HAS A CONFLICT WITH. IF A POTENTIAL OR ACTUAL CONFLICT EXISTS, THE TRUSTEE MUST CONSULT WITH THE CHAIR, WHO MAY REQUEST A WRITTEN OPINION FROM THE FOUNDATION COUNSEL ON WHETHER A CONFLICT OF INTEREST EXISTS UNDER THIS POLICY. IF THE EXISTENCE OF THE CONFLICT INVOLVES THE CHAIR, THE CHAIR MUST CONSULT WITH THE VICE CHAIR. A TRUSTEE WITH A POSSIBLE CONFLICT OF INTEREST SHALL NOT PARTICIPATE IN THE DELIBERATION OR VOTE OF INTEREST. A TRUSTEE WHO DECLARES OR HAS BEEN FOUND TO HAVE A CONFLICT OF INTEREST SHALL BE ABSENT FROM ANY DELIBERATIONS OR VOTE ON THE MATTER DETERMINED TO BE A CONFLICT, AND THE TRUSTEE SHALL NOT TAKE ANY ACTION TO INFLUENCE THE OUTCOME OF THE MATTER. THE RESULTS OF THE INVESTIGATION WILL BE SUMMARIZED AND DOCUMENTED IN THE BOARD MEETING MINUTES. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS POSTED ON MONTCLAIR STATE UNIVERSITY'S WEBSITE AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, FORM 990, FORM 1023, AND GOVERNING DOCUMENTS ARE ALSO AVAILABLE UPON WRITTEN REQUEST. |
| FORM 990, PART XI, LINE 9: | CHANGE IN VALUE OF SPLIT-INTEREST, CASH SURRENDER, & BENEFICIAL INTEREST -16,141. WRITE OFF OF UNCOLLECTIBLE PLEDGES -257,354. |
| FORM 990, PART XII, LINE 2C | THE AUDIT COMMITTEE IS RESPONSIBLE FOR SELECTING AN INDEPENDENT ACCOUNTANT AND ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT. THIS PROCESS HAS NOT CHANGED FROM PRIOR YEARS. |
| FORM 990, SCHEDULE D, PART III, LINE 3E | THE FOUNDATION GENERALLY ACCEPTS GIFTS OF ART AND SIMILAR NON-CASH GIFTS THAT ENHANCE THE MISSION OF MONTCLAIR STATE UNIVERSITY BY PROVIDING ACCESS TO GIFTS THAT FURTHER THE EDUCATIONAL EXPERIENCE OF ITS STUDENTS INCLUDING SCHOLARLY EXPERIENCES AND RESEARCH. THE FOUNDATION HAS ACCEPTED GIFTS OF ART THAT HAVE BEEN DESIGNATED FOR EDUCATIONAL PURPOSES BY THE COLLEGE OF THE ARTS AT MONTCLAIR STATE UNIVERSITY, PROVIDING STUDENTS WITH THE ABILITY TO STUDY THE GENRES, STYLES, AND HISTORY OF ART THAT ENHANCES CURRICULUM AND PROVIDES HANDS ON EXPERIENCE IN THE RESEARCH, RESTORATION, AND MANAGEMENT OF WORKS OF SIGNIFICANCE. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RED HAWK FUND LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 NORMAL AVENUE | AddressLine1Txt |
| City | MONTCLAIR | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07043 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 824863554 | EIN |
| Primary Activities | STUDENT INVESTMENT FUND | PrimaryActivitiesTxt |
| Legal Domicile State | NJ | LegalDomicileStateCd |
| Total Income | $35,082 | TotalIncomeAmt |
| End Of Year Assets | $660,643 | EndOfYearAssetsAmt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MONTCLAIR STATE UNIVERSITY FOUNDATION | BusinessNameLine1Txt |