2024-02-13T13:07:19-06:00 2023-06-30 381357951 PLANTE & MORAN PLLC 2601 CAMBRIDGE CT STE 300 AUBURN HILLS MI 48326 990 2022-07-01 222448189 THE COLLEGE OF NEW JERSEY FOUNDATION INC COLL 6097712203 PO BOX 7718 EWING NJ 086280718 JOHN DONOHUE EXECUTIVE DIRECTOR 6097712203 2024-02-12 1 JOHN DONOHUE 999009999 1 AMY CIMINELLO P00796388 2483757100 2024-02-12 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z JOHN DONOHUE PO BOX 7718 EWING NJ 086280718 30017684 0 X WWW.TCNJ.EDU X 1971 NJ TO FUND PROGRAMS THAT SUPPORT THE OVERALL MISSION OF THE COLLEGE OF NEW JERSEY. 20 19 0 19 0 0 11150385 8245308 0 0 19623226 -110816 -7981 0 30765630 8134492 7622370 9948767 0 0 0 0 0 0 0 1732150 2179333 9354520 12128100 21411110 -3993608 60398961 63000599 4678730 5374947 55720231 57625652 X TO FUND PROGRAMS THAT SUPPORT THE OVERALL MISSION OF THE COLLEGE OF NEW JERSEY. 0 0 10644266 9948767 SUPPORT PROGRAM: THE OBJECTIVE OF THIS PROGRAM IS TO OBTAIN PRIVATE FUNDING TO ENHANCE THE EDUCATIONAL GOALS OF THE COLLEGE OF NEW JERSEY THROUGH A NUMBER OF SCHOLARSHIPS AND AWARDS. THESE EXPENSES INCLUDE $8,482,842 OF SUPPORT TO THE COLLEGE OF NEW JERSEY AND $1,465,925 OF SCHOLARSHIPS AND OTHER ASSISTANCE TO STUDENTS. 0 0 0 THE CHARITABLE GIFT ANNUITY PROGRAM CONSISTS OF ASSETS DONATED BY INDIVIDUALS WHO SIGN AN ANNUITY AGREEMENT WITH THE FOUNDATION. THE FOUNDATION MAKES STIPULATED REGULAR PAYMENTS UNTIL AN AGREED UPON TIME. 10644266 1 1 0 0 0 0 0 0 0 1 0 1 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 44 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 20 19 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 AK AZ CA CO KY ME MD MA MI MN MO NJ NY OH OK OR SC UT VA WA WV X X MARK MEHLER 6097713303 PO BOX 7718 EWING NJ 086280718 JOHN P DONOHUE EXECUTIVE DIRECTOR 13.00 0.00 X X 132386 0 26914 LLOYD RICKETTS ASSISTANT TREASURER - PART YEAR 1.00 0.00 X X 0 0 0 ELAINE A ROCHA CHAIR 1.00 0.00 X X 0 0 0 CRAIG MORGENSTERN TREASURER & FINANCE CHAIR 1.00 0.00 X X 0 0 0 GLOIA E WEISSBART VICE CHAIR 1.00 0.00 X X 0 0 0 SUSANNE SVIZENY BOARD OF TRUSTEES LIAISON 1.00 0.00 X 0 0 0 IAN RUDERMAN ALUMNI ASSOCIATION LIAISON 1.00 0.00 X 0 0 0 BARBARANNE DIMARCO DIRECTOR 1.00 0.00 X 0 0 0 DR KATHRYN A FOSTER DIRECTOR 1.00 0.00 X 0 0 0 TIMOTHY JACOUTOT DIRECTOR 1.00 0.00 X 0 0 0 THERESA MARTINAC DIRECTOR 1.00 0.00 X 0 0 0 DR HERBERT MAYO DIRECTOR 1.00 0.00 X 0 0 0 MICHAEL MOVSOVICH DIRECTOR 1.00 0.00 X 0 0 0 BARBARA MEYERS PELSON DIRECTOR 1.00 0.00 X 0 0 0 ANDREW POLANSKY DIRECTOR 1.00 0.00 X 0 0 0 ROBERT ROSS DIRECTOR 1.00 0.00 X 0 0 0 THOMAS M RUGGIA DIRECTOR 1.00 0.00 X 0 0 0 DR S MONET SIFFORD-WILSON FACP 1.00 0.00 X 0 0 0 DR SPIRO SPIREAS DIRECTOR 1.00 0.00 X 0 0 0 LT COLONEL MELVIN F SYKES AUDIT CHAIR 1.00 0.00 X 0 0 0 JAMES THORESEN DIRECTOR 1.00 0.00 X 0 0 0 VALERIE MCDUFFIE - PART YEAR INTERIM ASSISTANT TREASURER 1.00 0.00 X 0 0 0 132386 0 26914 1 0 1 1 0 8245308 112250 8245308 1239721 1239721 20532655 21883192 -1350537 -1350537 -1350537 8134492 0 0 -110816 8482842 8482842 1465925 1465925 7914 7914 84917 84917 144151 144151 406717 399942 6775 26510 20185 6325 9777 1392 8385 109574 92692 16882 7187 7187 GIFT ADMINISTRATION FEE 1189660 1189660 ATHLETIC SUPPORT 95600 95600 PRIZES/AWARDS 48331 47820 511 COUNTRY CLUB DUES 10987 10987 38008 37868 140 12128100 10644266 1483834 0 1956413 722591 3152662 1955062 28555 814255 431 517 51423343 55651361 3837557 3856813 60398961 63000599 2328714 2590312 935488 1181876 1414528 1602759 4678730 5374947 X 8783607 5613505 46936624 52012147 55720231 57625652 60398961 63000599 -3993608 5899029 0 X X 0 1 X 1 0 X 9315611 8688966 13015353 11150385 8245308 50415623 9315611 8688966 13015353 11150385 8245308 50415623 12487123 37928500 1005799 1082316 1022112 10238990 1239721 14588938 20240 14720 34960 65039521 0.58320 0.59940 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 43184886 1776369 5361982 715012 1954860 39559 47613806 48605579 4353784 -7499480 885387 1322486 67124 43184886 35715107 5803684 8983441 778526 882177 235951 48605579 32257956 4215178 837752 647049 750084 198646 35715107 26788386 4455993 2424984 618520 593176 199711 32257956 0.15300 0.62700 0.22000 1 0 0 COMMON TRUST FUNDS 822023 F HEDGE FUNDS 3034790 F 3856813 CHARITABLE GIFT ANNUITIES PAYABLE 1602759 1602759 13889371 5899030 5899030 7990341 144151 144151 8134492 11983949 0 11983949 144151 144151 12128100 PART V, LINE 4: THE ENDOWMENT IS USED FOR THE SOLE BENEFIT OF THE COLLEGE OF NEW JERSEY TO PROVIDE STUDENT SCHOLARSHIPS, LEARNING OPPORTUNITIES, PROGRAM ENHANCEMENTS, AND MORE. 1 THE COLLEGE OF NEW JERSEY 2000 PENNINGTON RD EWING NJ 08628 222797398 GOVERNMENT 8482842 0 N/A N/A EDUCATIONAL 1 0 SCHOLARSHIPS 600 1465925 N/A N/A PART I, LINE 2: FUNDS PAID AS GRANTS OR OTHER ASSISTANCE PROVIDED TO INDIVIDUALS ARE APPLIED DIRECTLY TO STUDENT FINANCIAL AID ACCOUNTS AT THE COLLEGE OF NEW JERSEY FOR STUDENTS WHO MEET ELIGIBILITY REQUIREMENTS AS DETERMINED BY FAFSA, AND ARE USED TO OFFSET THE COST OF ATTENDANCE AT THE COLLEGE AND IN ACCORDANCE WITH DONOR CRITERIA. FUNDS PAID AS GRANTS AND OTHER ASSISTANCE PROVIDED TO ORGANIZATIONS ARE ONLY PROVIDED TO THE COLLEGE OF NEW JERSEY, A GOVERNMENTAL ENTITY AS DEFINED IN IRC SECTION 170(C)(1). 0 0 0 0 0 0 0 0 0 JOHN P DONOHUE EXECUTIVE DIRECTOR 132386 0 0 0 0 0 10562 0 16352 0 159300 0 0 0 SCHEDULE J, SUPPLEMENTAL INFORMATION: JOHN DONOHUE IS AN EMPLOYEE OF THE COLLEGE OF NEW JERSEY, AN UNRELATED ORGANIZATION. AS THE COLLEGE'S VICE PRESIDENT FOR COLLEGE ADVANCEMENT, JOHN DONOHUE ALSO ACTS IN AN EXECUTIVE DIRECTOR CAPACITY FOR THE COLLEGE OF NEW JERSEY FOUNDATION. AS PER FORM 990, PART V, QUESTION 2 AND PART IX, LINES 5 THROUGH 10, THE FOUNDATION DOES NOT HAVE EMPLOYEES. JOHN DONOHUE ESTIMATES APPROXIMATELY 33% OF HIS TIME IS SPENT WORKING WITH THE FOUNDATION. X 3 112250 FMV AT SALE 0 1 0 PART I, COLUMN (B): COLUMN B REPRESENTS NUMBER OF CONTRIBUTORS. FORM 990, PAGE 2, PART III, LINE 4B THE CHARITABLE GIFT ANNUITY PROGRAM PAYMENTS ARE RECORDED AS A REDUCTION TO THE CHARITABLE GIFT ANNUITY LIABILITY NOT AS EXPENSE. THEREFORE THERE ARE NO EXPENSES TO REPORT. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT CPA FIRM WHICH IS THEN REVIEWED BY THE FINANCE DEPARTMENT AT THE COLLEGE OF NEW JERSEY. DRAFT FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE FOUNDATION HAS A WELL-ESTABLISHED CODE OF ETHICS/CONFLICT OF INTEREST POLICY. ALL OF ITS DIRECTORS ARE REQUIRED TO REVIEW THE POLICY ANNUALLY AND COMPLETE A NOTIFICATION OF COMPLIANCE FORM. ANY DISCLOSED POTENTIAL CONFLICTS ARE REVIEWED BY THE FOUNDATION'S MANAGEMENT AND ESCALATED AS APPROPRIATE. ANY DIRECTORS WITH A CONFLICT IN A MATTER REQUIRING ACTION BY THE BOARD ARE PROHIBITED FROM PARTICIPATING IN THE BOARD'S DELIBERATIONS OR DECISIONS REGARDING THE MATTER UNDER CONSIDERATION. FORM 990, PART VI, SECTION C, LINE 18 THE FOUNDATION MAKES ITS FORM 1023 AND FORM 990 AVAILABLE UPON REQUEST. THE FORM 990 IS AVAILABLE TO THE PUBLIC VIA THE COLLEGE OF NEW JERSEY WEBSITE. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE PUBLIC UPON REQUEST. THE AUDITED FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC VIA THE COLLEGE OF NEW JERSEY WEBSITE. FORM 990, PAGE 12, PART XII, LINE 2C THE OVERSIGHT PROCESS DID NOT CHANGE FROM THE PRIOR YEAR.