2025-11-07T09:41:40-06:00 2025-06-30 WithumSmithBrown PC ONE TOWER CENTER BLVD 14TH FL EAST BRUNSWICK NJ 08816 990 2024-07-01 227287311 The Douglass Fund % EILEEN COTTER DOUG 7322461600 181 Ryders Lane New Brunswick NJ 08901 EILEEN COTTER Trustee 7312461600 2025-10-15 true true Israel Tannenbaum P01589203 7328281614 2024 2025-03-06 01:10:19Z EILEEN COTTER 181 Ryders Lane New Brunswick NJ 08901 2208531 false X www.DOUGLASSALUMNAE.ORG X 1969 NJ TO HOLD, OBTAIN, INVEST, DISPOSE OF, EXPEND, APPLY, RECEIVE AND ADMINISTER CHARITABLE CONTRIBUTIONS TO SUPPORT DOUGLASS RESIDENTIAL COLLEGE. 3 2 0 2 0 522498 107656 0 0 1442130 2100875 0 0 1964628 2208531 927666 1272264 0 0 0 0 0 0 120037 702083 773436 1629749 2045700 334879 162831 47906580 51079089 146063 94173 47760517 50984916 X TO HOLD, OBTAIN, INVEST, DISPOSE OF, EXPEND, APPLY, RECEIVE AND ADMINISTER CHARITABLE CONTRIBUTIONS TO SUPPORT DOUGLASS RESIDENTIAL COLLEGE. false false 636440 636440 Student financial support of approximately 220 awards provided through scholarships and prizes 353132 353132 Unrestricted support for Douglass Residential College 240073 Stewardship Expense. 118613 118613 0 Support for fine arts 127451 127451 0 Support for STEM Programs 21837 21837 0 Support for leadership initiatives Support for 4 graduate fellowships for 10181 10181 0 graduating seniors and alumnae. Support for the Global Village, a community of living learning communities focused on gender 3994 3994 0 and globalization. 509 509 0 Support for first year course Other support for Douglass 107 107 0 Residential College 282692 282692 0 1512337 true true false false false false false false false true false true false false true true false true false false false false false false false false false true false true false false false false false false false false true false false false false true false false false true 2 0 true 0 false false false false false false false false false false false false X 3 2 false false false false false false false true true false false false true true true true true false false false CA MD MA NJ NY PA VA WA X EILEEN COTTER 7322461600 181 RYDERS LANE NEW BRUNSWICK NJ 089018557 Valerie Anderson TRUSTEE 20.0 20.0 X 0 212429 14503 SUSAN WALLACE VP FOR FINANCE & OPERATIONS 20.0 20.0 X 0 122443 13251 JEANNE FOX Trustee 5.0 1.0 X 0 0 0 EILEEN COTTER TRUSTEE 20.0 20.0 X 0 0 0 Lisa Dorio Ruch TRUSTEE 5.0 1.0 X 0 0 0 0 334872 27754 0 false true false BANK OF AMERICA Trust Operations PO BOX 830269 DALLAS TX 75283 INV. MANAGEMENT 132833 1 107656 25433 107656 0 1294916 1294916 0 0 0 0 0 805959 805959 805959 805959 0 0 0 0 0 0 0 0 0 0 2208531 2100875 1268857 1268857 3407 3407 0 0 0 0 0 0 0 0 0 0 29016 29016 0 0 136984 136984 0 0 0 0 0 0 0 0 0 0 0 0 0 STEWARDSHIP EXPENSE SHARING 600184 240073 240074 120037 CHARITABLE REGISTRATIONS 7252 7252 2045700 1512337 413326 120037 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 46396317 49680926 0 0 0 0 1510263 1398163 47906580 51079089 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 146063 94173 146063 94173 X 8260267 8896691 39500250 42088225 47760517 50984916 47906580 51079089 X 162831 3173672 -112104 X false true X true false X 903071 134715 136979 522498 107656 1804919 0 0 903071 134715 136979 522498 107656 1804919 799672 1005247 1079800 897385 1148606 1208916 1294916 5629623 0 0 7434542 0.13521 0.17135 X FORM 990, SCHEDULE A, PART II, LINE 17 Compliance with the Facts and Circumstances Test of Treasury Treasury Regulation 1.170A-9(f)(3) The Douglass Fund has followed the instructions for Schedule A, Part II, Section C of IRS Form 990 in order to determine its public support percentage. The Douglass Fund satisfies the "Facts and Circumstances" test of Treasury Regulation 1.170A-9(f)(3) and, therefore, should continue to be classified as a public charity. As noted below, the public support percentage of The Douglass Fund is 13.5200%, which is well above the 10% minimum threshold required by the Facts and Circumstances test. In addition, The Douglass Fund regularly receives bequests from estates. The following description represents a summary of how The Douglass Fund satisfies the Facts and Circumstances test. Ten-Percent Support Limitation (Treasury Regulation 1.170A-9(f)(3)(i)): As reflected in Schedule A, Line 14, the percentage of public support for The Douglass Fund is 13.5200%, which is well above the 10% minimum threshold required by the Facts and Circumstances test. Attraction of Public Support (Treasury Regulation 1.170A-9(f)(3)(ii)): From its founding in 1969, the purpose and legacy of the Douglass Fund Trust have inspired and motivated donations that have allowed Douglass College, and its successor Douglass Residential College, to have significant impact on undergraduate students at Rutgers, the State University of New Jersey. As a public charity, The Douglass Fund will continue to receive gifts allowed by the Trust and other agreed terms. The exclusive purpose of The Douglass Fund is to hold, obtain, invest, dispose of, expend, apply, receive and administer property, both real and personal, for charitable, educational, scientific and other purposes within the meaning of Section 501(c)(3) of the Internal Revenue Code of 1986, as amended, and Treasury regulations issued pursuant thereto (referred to as the "Code"), and specifically to Support Douglass Residential College. The Douglass Fund provides funding for various programs and initiatives and also financial support for students of Douglass Residential College, for example: - By providing funding to Douglass Residential College for scholarships, study abroad funds, prizes and special opportunity funding; - For Douglass Residential College programs in Science, Technology, Engineering & Math(STEM), including the summer research program, participants in science programs, STEM living-learning community, and computer labs; - For the global village, a living-learning community that seeks to develop intercultural understanding, global awareness and a sense of community among students at Douglass Residential College; and - For other programs to help educate global leaders at Douglass Residential College. Trust distributions are directed by a Douglass Fund Committee composed of: - The Dean of Douglass Residential College (an employee of Rutgers, the State University of New Jersey); - The President of the Associate Alumnae of Douglass College; - An active member of the Associate Alumnae of Douglass College jointly appointed by the Dean of Douglass College and the President of the Associate Alumnae of Douglass College; - One person appointed by the Dean of Douglass Residential College (the appointee is an employee of Rutgers, the State University of New Jersey); - An active member of the Associate Alumnae of Douglass College appointed by the President of the Associate Alumnae of Douglass College; and - The Executive Director of the Associate Alumnae of Douglass College who serves ex officio without vote. Examples of use of distributions from the Trust have been provided above. Percentage of Financial Support (Treasury Regulation 1.170A-9(f)(3)(iii)(A)): The public support percentage of The Douglass Fund is well above the 10% minimum threshold required by the Facts and Circumstances test. Sources of Support (Treasury Regulation 1.170A-((f)(3)(iii)(B)): The Douglass Fund attracts support from a broad range of people. Representative Governing Body (Treasury Regulation 1.170A-9(f)(3)(iii)(C)): The business and property of The Douglass Fund shall be managed and controlled by three Trustees. Here are the bios of the individuals serving as Trustees as of June 30, 2025. Jeanne M. Fox is an Adjunct Professor at Columbia University's School of International and Public Affairs as well as at Rutgers Bloustein School of Planning and Public Policy. Jeanne was a Commissioner of the New Jersey Board of Public Utilities (NJBPU) from January 2002 until September 2014 and served as its President and a member of the Governor's cabinet for the first eight years. Prior to her appointment to the NJBPU, Jeanne served as Regional Administrator of the United States Environmental Protection Agency (Region II), and as Commissioner and Deputy Commissioner of the New Jersey Department of Environmental Protection and Energy. Jeanne has served as an Adjunct Professor at Rutgers School of Arts and Sciences and at Princeton's Woodrow Wilson School of Public and International Affairs. She received a Juris Doctor from the Rutgers University School of Law-Camden. Jeanne serves as Treasurer of the Board of Directors of the Associate Alumnae of Douglass College. Eileen M. Cotter was named Executive Director of the Associate Alumnae of Douglass College (AADC) in January of 2025. She has over 40 years' experience in nonprofit management and educational fundraising. She has served at both public and private Universities, most recently with the Kean University Foundation, as well as at foundations that benefit county college and elementary/high school level students. Her previous experience also includes having served as Director of Development for the AADC. Eileen achieved her Bachelor's Degree at Fairfield University. Lisa Dorio Ruch is a Staff Attorney at the State of New Jersey Public Employment Relations Commission (PERC). Prior to joining PERC in 2014, Lisa served as a Deputy Attorney General for the State of New Jersey for over ten years and was an attorney in private practice. Lisa is a 1993 graduate of Columbia Law School. Lisa is President of the Board of Directors of the Associate Alumnae of Douglass College. These three Trustees are all involved in volunteer service with non-profit organizations and bring that expertise to The Douglass Fund. Additional Factors (Treasury Regulation 1.170A-9(f)(3)(iii)(E)(3)): The activities of The Douglass Fund, as described in its charitable mission above, appeal to persons with a broad common interest in educational activities. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 45391192 109541 5272389 1308532 737168 48727422 41504933 529306 4986702 952853 676896 45391192 38626842 137670 4656391 1300551 615419 41504933 47581470 360847 -7289145 1320048 706282 38626842 37705097 893071 11169962 1408598 778062 47581470 0.16510 0.62900 0.20590 false false POOLED INVESTMENT FUNDS 49680926 F 49680926 0 DUE TO AFFILIATE 94173 94173 X 5133115 3173672 -112104 3061568 2071547 136984 136984 2208531 1908716 1908716 136984 136984 2045700 form 990, schedule d, part X, line 2 The Internal Revenue Service has determined that AADC and The Douglass Fund are exempt from federal income tax under Section 501(c)(3) of the Internal Revenue Code. Contributions to the AADC qualify for the charitable deduction under Section 509(a)(2) and contributions to The Douglass Fund qualify for the charitable deduction under Section 170(b)(1)(A). AADC and The Douglass Fund file tax returns in the U.S. federal jurisdiction and are registered as a charity in various states. The Organization had no unrecognized tax liabilities or uncertain tax positions at June 30, 2025 and 2024. The Organization did not have any tax related interest or penalties for the periods reported in these consolidated financial statements. Form 990, Schedule D, part XI, Line 2d Change in value of split-interest agreement -$112,104 true RUTGERS THE STATE UNIVERSITY OF NEW JERSEY 33 Knightsbridge PISCATAWAY NJ 08854 226001086 501(c)(3) 630834 PROGRAMMATIC AND UNRESTRICTED SUPPORT FOR DOUGLASS RESIDENTIAL COLLEGE, AS WELL AS FINANCIAL SUPPORT FOR GRADUATES OF DOUGLASS. Rutgers University Foundation 335 George Street New Brunswick NJ 08901 237318742 501(c)(3) 633033 STUDENT FINANCIAL SUPPORT FOR STUDENTS OF DOUGLASS RESIDENTAL COLLEGE 2 form 990, schedule i, part 1, line 2 Scholarships, prizes and opportunity funds are administered by the DIRECTOR OF SCHOLARSHIPS, HOUSING AND Data AT DOUGLASS RESIDENTIAL COLLEGE. The Douglass Fund, through the Associate Alumnae of Douglass College notifies the Director of the amounts available and any donor restrictions or conditions. Procedures are in place for the selection process for each category of grants or awards, which are determined in part by the qualifications of those receiving the grants or awards based on donor instructions and/or the college selection committee recommendations. false false false false false false false false false Valerie Anderson TRUSTEE 0 212429 0 0 0 0 0 11202 0 3301 0 226932 0 0 X 2 25433 FMV false true true NONCASH CONTRIBUTIONS The Organization utilizes the services of an investment firm to sell noncash contributions of securities. Form 990, Schedule M, Line 2 The amount entered in column (b) represents the number of contributors. FORM 990, PART VI, SECTION A, LINE 8B The Douglass Fund documents the meetings of the Douglass Fund Trustees and the meetings of the Douglass Fund Committee. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF FORM 990 IS PROVIDED TO TRUSTEES WHO SIGN THE CONFIDENTIALITY AGREEMENT FOR A PERIOD OF TIME DURING WHICH THEY MAY REVIEW IT BEFORE IT IS FINALIZED AND FILED. FORM 990, PART VI, SECTION B, LINE 12B EACH YEAR, TRUSTEES ARE ASKED TO SIGN A STATEMENT ABOUT DISCLOSING CONFLICTS OF INTERESTS. FORM 990, PART VI, SECTION C, Line 19 THE DOUGLASS FUND MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9 CHANGE IN NET PRESENT VALUE AND ALLOWANCE ON UPTG -$112,104 ASSOCIATE ALUMNAE OF DOUGLASS COLLEGE 181 RYDERS LANE NEW BRUNSWICK NJ 08901 221607270 TRUST STEWARD NJ 501(c)(3) 10 na false false false false false false false false false false false false false false false false true false false false ASSOCIATE ALUMNAE OF DOUGLASS COLLEGE P 600184 FMV