Stockton University Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 221957406 ✦ Galloway, NJ ✦ Designated as a 501(c)(3)

Overview

What is Stockton University Foundation?

The Stockton University Foundation, established in 1972 by supporters of the university, is a nonprofit organization based in Galloway, New Jersey. Its primary mission is to oversee and manage funds, ensuring their responsible allocation in support of Stockton University and its students. The foundation raises funds, manages their stewardship, and distributes them to various purposes. One of its key activities is administering scholarships, primarily on a competitive basis, to undergraduate and graduate students. In fiscal year 2022, 707 students received these awards. The foundation relies on both permanently restricted endowment funds and current-use gifts to provide financial assistance, with the primary objective of supporting a substantial number of students and strengthening the educational capacity of the university.


Official website here: www.stockton.edu/foundation

Is Stockton University Foundation legitimate?

Stockton University Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Stockton University Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $30,695
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.stockton.edu/foundation

What is the mission statement of Stockton University Foundation?

The Stockton University Foundation serves a crucial role in providing leadership, oversight, and is responsible for raising, managing, and distributing funds to support Stockton University and its students. Established in 1972 by the university's supporters, its primary mission is to offer substantial financial assistance to a significant number of students and strengthen the educational capacity of the university. The foundation aims to address the philanthropic needs of Stockton University, ensuring its growth and success.


Official website here: www.stockton.edu/foundation

Who is the CEO of Stockton University Foundation?

Daniel Negent is the Principal Officer of Stockton University Foundation.


Official website here: www.stockton.edu/foundation

What is the revenue of Stockton University Foundation?

Stockton University Foundation's revenue in 2022 was $5,457,548.


Official website here: www.stockton.edu/foundation

Who are the executives of Stockton University Foundation and what are their salaries?

Here are 45 key members and their salaries:

    Dr Harvey Kesselman (University President) [Trustee/Director]
  • Compensation: $0
  • Related: $484,750
  • Other: $176,644

    • Daniel Nugent (Executive Director)
  • Compensation: $0
  • Related: $180,483
  • Other: $34,786

    • Donna M Albano (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $117,969
  • Other: $23,599

    • Michael L Albrecht (First Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Claire B Kuhar Cpa (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joseph Fusco Esq (Second Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard H Walker Jr Esq (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Caroline Till (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pamela A Fields Mas (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Melvin J Tarnopol Esq (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas J Sykes (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tribhuvan Singh (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Camille E Sailer Esq (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas Kuhar (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Donna H Buzby Cpa (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rick Ricciardi (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bonnie D Putterman Esq (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Roxanne Passarella Esq (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Vincent Papaccio (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kenneth O'Reggio (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Edward H Marshall Iii (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rita Mack (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Mukesh Roy (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karen Alton (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael C Epps Esq (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Gray (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Barbara Gomes (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Johanna R Johnson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joseph R Jingoil Jr (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael A Hyett Esq (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Juanita J High (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lori S Herndon (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Brigid C Harrison (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • L Gayle Gross (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas L Glenn Iii (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lisa Johnson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Hak J Kim (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard S Dovey (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David A Delizza (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Aquasia Davis (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anthony J Coppola Sr (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Timothy Carew (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Peter A Caporilli (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Louis T Barberio Iii (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charles W Kramer (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.stockton.edu/foundation

    Where can I find the form 990 for Stockton University Foundation?

    The Stockton University Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.stockton.edu/foundation

    Learn more at the official website: www.stockton.edu/foundation

    Mission Statement of Stockton University Foundation

    Stockton University Foundation, established in 1972 by supporters of the university, serves as a crucial entity responsible for raising, managing, and dispersing funds to benefit Stockton University and its students. The foundation's primary mission is twofold: firstly, to offer substantial financial assistance to a notable number of students, thereby alleviating their financial burdens. Secondly, the foundation aims to bolster the educational capacity of Stockton University by utilizing the collected funds effectively.

    By taking on this role, Stockton University Foundation demonstrates its commitment to the university's success and the well-being of its students. Through its leadership and oversight, the foundation ensures that the philanthropic needs of Stockton University are met, thereby enhancing the educational experience for countless students. The foundation's primary focus on financial assistance and educational capacity strengthening underscores its dedication to fostering a thriving academic environment where students can excel and achieve their full potential.

    Impact

    This information is meant to be a general summary of Stockton University Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Stockton University Foundation's impact lies in its role as a significant source of financial assistance for a significant number of students at Stockton University. Through its scholarship program, the foundation provides awards to undergraduate and graduate students, primarily on a competitive basis, with some awards based on financial need. In the fiscal year 2022, 707 students received scholarship awards thanks to the foundation's efforts. These awards are sourced from the foundation's permanently restricted endowment funds, current-use gifts, and general scholarship funds. Overall, the foundation's mission is to support Stockton University and its students by raising, stewarding, and distributing funds to enhance the education capacity of the university and enable students to pursue their academic goals.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,427,621
  • Program Service Revenue: $0
  • Gross Receipts: $23,380,210

    • Assets and Liabilities:
  • Total Assets: $54,897,443
  • Total Liabilities: $128,539
  • Net Assets: $54,768,904
  • Organization Details

    Founding Year

    1972

    Principal Officer

    Daniel Negent

    Main Address

    101 VERA KING FARRIS DR SUITE K-2, GALLOWAY, NJ, 08205

    NTEE Category

    Code: B43 - Education

    If you are a representative of Stockton University Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.