NonprofitsThomas Edison State University Foundation Inc

Education

Thomas Edison State University Foundation Inc

TRENTON, NJ

Total revenue

$1.4M

Total expenses

$806K

Net assets

$13.7M

Grants received

$781K

39 grants

EIN

222117814

Tax year

2023

Mission

The mission of the foundation is to inspire donors to invest in thomas edison state university's power to transform lives and build a more competitive workforce by empowering adults to attain their educational goals.thomas edison state university foundation is a nonprofit 501(c)(3) organization. While independent of thomas edison state university, the foundation operates exclusively for the benefit, support and promotion of the university and its educational activities and may receive and invest bequests, gifts or transfers of property or money, and expend any such funds or property for the institution's educational purposes.the two main events for fy24 was the 30th annual golf classic (may 2024) to support the tesu scholarship fund and 2023 impact awards (octobr 2023) to support the mission of tesuf.

Financials

FY 2023

Revenue

Contributions & grants$877K
Program service revenue
Investment income$619K
Other revenue
Total revenue$1.4M

Expenses

Grants paid$605K
Salaries & benefits
Fundraising$88K
Other expenses$201K
Total expenses$806K
Total assets$14.1M
Net assets$13.7M

People

29 listed

NameRoleCompensation

MARY HEAGLEY

EXECUTIVE VP

Board

$157K

26.25 hrs/wk

JACLYN JOWORISAK

SECRETARY

Board

$43K

17.5 hrs/wk

DR MERODIE HANCOCK

PRESIDENT, EX-OFFICIO

Board

$33K

1.75 hrs/wk

CHRISTOPHER STRINGER

VP & CFO

Board

$24K

3.5 hrs/wk

DR AHMED A AZMY

DIRECTOR

Board

0.5 hrs/wk

ALEX J BINDER

DIRECTOR

Board

0.5 hrs/wk

DANIEL R BRENNA JR

DIRECTOR

Board

0.5 hrs/wk

LOVEPREET BUTTAR

DIRECTOR

Board

0.5 hrs/wk

DEBRA D'ARCANGELO

DIRECTOR

Board

0.5 hrs/wk

BRUCE D GARGANIO

DIRECTOR

Board

0.5 hrs/wk

RONALD A GIMBEL

DIRECTOR

Board

0.5 hrs/wk

CATINA R HOOD

DIRECTOR

Board

0.5 hrs/wk

DOLORES R KELLEY ESQ

DIRECTOR, THRU 6/14/24

Board

0.5 hrs/wk

JAMES KILGORE

DIRECTOR

Board

0.5 hrs/wk

STEVEN R KING

DIRECTOR

Board

0.5 hrs/wk

DR MATTHEW W LAMB

DIRECTOR

Board

0.5 hrs/wk

BRIAN T MALONEY

DIRECTOR

Board

0.5 hrs/wk

MARTIN MELILLI

DIRECTOR

Board

0.5 hrs/wk

DR DEBROAH MICAN

DIRECTOR

Board

0.5 hrs/wk

JEFFREY RUSSO

DIRECTOR

Board

0.5 hrs/wk

WILLARD A STANBACK ESQ

DIRECTOR

Board

0.5 hrs/wk

RICK ST JOHN

DIRECTOR

Board

0.5 hrs/wk

JEFFREY STOKES

DIRECTOR

Board

0.5 hrs/wk

DR MICHAEL R TOSCANI

DIRECTOR

Board

0.5 hrs/wk

CAROL VOORHEES

DIRECTOR

Board

0.5 hrs/wk

DR JAMAL E WATSON

DIRECTOR

Board

0.5 hrs/wk

DR KIMBERLYNN KLEASEN

BOARD VICE CHAIR

Board

2 hrs/wk

ERIC ROBERT LEAR

TREASURER

Board

0.5 hrs/wk

NANCY S GLOOR

BOARD CHAIRMAN

Board

4 hrs/wk

Grants received

Showing 39 of 39

FromAmountPurposeYear
$10K
STRENGTHENING COMMUNITIES THROUGH EDUCATION AND WORKFORCE DEVELOPMENT
2024
$100K
Operation Veteran Success
2023
$60K
MATURE STUDENTS SCHOLARSHIPS
2023
$15K
CHARITABLE DONATION
2023
$8K
To provide dignity and comfort to folks in need.
2023
$2K
EMPLOYEE GIVING PROGRAM
2023
$555
EMPLOYEE GIVING PROGRAM
2023
$50K
MATURE STUDENTS SCHOLARSHIPS
2022
$15K
CHARITABLE DONATION
2022
$8K
Scholarship Support
2022
$51
EMPLOYEE GIVING PROGRAM
2022
$50
Employee Matching Gift-General support
2022
$100K
STUDENT RESEARCH IN POLICY AND LEADERSHIP
2021
$75K
MATURE STUDENTS SCHOLARSHIPS
2021
$27K
EMPLOYEE GIVING PROGRAM
2021
$15K
CHARITABLE DONATION
2021
$15K
SUPPORT OF LOCAL COMMUNITY EDUCATIONAL PROGRAMS
2021
$15K
GENERAL SUPPORT
2021
$30K
CHARITABLE DONATION
2020
$25K
MATURE STUDENTS SCHOLARSHIPS
2020
$24K
GENERAL SUPPORT
2020
$21K
REGRANT-TALENT HUB
2020
$15K
GENERAL SUPPORT
2020
$3K
EMPLOYEE GIVING PROGRAM
2020
$50
Employee Matching Gift-General support
2020
$25K
REGRANT - TALENT HUB PROGRAM
2019
$10K
CULTURAL COMPETENCY PROFESSIONAL DEVELOPMENT FOR EDUCATORS PROGRAM
2019
$10K
Charitable Donation
2019
$24K
REGRANT - TALENT HUB PROGRAM
2018
$20K
REGRANTS - HUMANITIES FUNDING
2018
$5K
GENERAL PURPOSE
2018

Funded by

$781K from 17 funders · 39 grants · 2018–2024

The Charlotte W Newcombe Foundation

$310K · 5 grants · 2020–2023

Pseg Foundation Inc

$100K · 1 grant · 2023

Charities Aid Foundation America

$85K · 5 grants · 2019–2023

The Graduate Network Inc

$70K · 3 grants · 2018–2020

The Robert Wood Johnson Foundation

$49K · 7 grants · 2020–2024

Bristol-Myers Squibb Foundation Inc

$31K · 5 grants · 2020–2023

Investors Foundation Inc

$30K · 2 grants · 2020–2021

Community Foundation Of New Jersey

$24K · 1 grant · 2020

Details

EIN222117814
NTEE codeB42I
Subsection03
Ruling date1978-10
Formed1976
Employees0
Volunteers41
THOMAS EDISON STATE UNIVERSITY FOUNDATION INC — Mission, Financials & Grants Received | Grantivo