RUTGERS UNIVERSITY FOUNDATION Charity Report

Public IRS 990 nonprofit record

RUTGERS UNIVERSITY FOUNDATION

EIN 23-7318742 · Education (B110)

What they do

THE SOLE MISSION of THE RUTGERS UNIVERSITY FOUNDATION, SINCE ITS FOUNDING IN 1973, is to SUPPORT RUTGERS, THE STATE UNIVERSITY, and HELP IT ATTAIN EXCELLENCE IN EDUCATION, RESEARCH, and PUBLIC SERVICE (CONTINUED ON SCHEDULE O) BY BUILDING RELATIONSHIPS WITH ALUMNI, PARENTS, FRIENDS, CORPORATIONS, FOUNDATIONS, and OTHER SUPPORTERS, THE FOUNDATION RAISES MONEY FOR, and MATCHES DONORS INTERESTS TO, RUTGERS PRIORITIES, AS SET FORTH BY UNIVERSITY LEADERSHIP.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $87.50 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders47 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

95.69%of revenue went to mission work87.5% of expenses · Program services

2.47%of revenue went to fundraising2.3% of expenses

$109.41spent for every $100 of revenueSpending was higher than revenue this year.

11.25%of revenue went to management and office costs10.3% of expenses

$0.64in assets for every $1 spent this yearSome assets cannot be spent right away.

71.2%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $12,904,165 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $468,006 for WILLIAM J GREEN (OUTGOING VICE PRESIDENT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$137,157,185

Mission workProgram services$131,242,70995.69% of revenue87.5% of expenses

ManagementOffice and general costs$15,435,99711.25% of revenue10.3% of expenses

FundraisingAsking for donations$3,382,6442.47% of revenue2.3% of expenses

Total expenses$150,061,350109.41% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 87.5% mission · 10.3% management · 2.3% fundraisingTotal expenses: 109.41% of revenue

2023Expense mix: 85.8% mission · 11.7% management · 2.6% fundraisingTotal expenses: 95.88% of revenue

2022Expense mix: 91.6% mission · 7.2% management · 1.2% fundraisingTotal expenses: 94.97% of revenue

2021Expense mix: 92.6% mission · 6.2% management · 1.2% fundraisingTotal expenses: 106.52% of revenue

2020Expense mix: 91.3% mission · 7.5% management · 1.2% fundraisingTotal expenses: 87.43% of revenue

2019Expense mix: 90.9% mission · 7.5% management · 1.6% fundraisingTotal expenses: 105.43% of revenue

2018Expense mix: 89.0% mission · 8.2% management · 2.8% fundraisingTotal expenses: 109.13% of revenue

2017Expense mix: 90.1% mission · 7.7% management · 2.1% fundraisingTotal expenses: 91.14% of revenue

Money in and money out

Revenue$137,157,185

Expenses$150,061,350

Annual shortfall $12,904,165 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$131,242,709 · 87.5% of expenses

Management and office costs$15,435,997 · 10.3% of expenses

Fundraising$3,382,644 · 2.3% of expenses

See all reported dollar amounts

Revenue$137,157,185

Expenses$150,061,350

Assets$96,478,926

Income$158,203,261

Contributions$97,589,384

Mission work (program services)$131,242,709

Fundraising$3,382,644

Grants given$933,172,660

Average grant$71,782,512

Management and general$15,435,997

Executive compensation (total)$1,376,811

Stocks and bonds$12,419,314

Accounting fees$240,005

Investing fees$8,217

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

WILLIAM J GREENOUTGOING VICE PRESIDENT · 38 hrs/week $468,006Base $384,302 · Other $83,704

MARK ANTONUCCIASSISTANT SECRETARY · 38 hrs/week $400,659Base $347,566 · Other $53,093

DENISE P GAVALAOUTGOING SR. ASSOC. VICE PRESIDENT · 38 hrs/week $378,947Base $346,093 · Other $32,854

SHAWN TUCKEROUTGOING VICE PRESIDENT · 38 hrs/week $322,700Base $252,923 · Other $69,777

CHRISTOPHER P ZRALYASSOCIATE TREASURER · 38 hrs/week $321,632Base $294,268 · Other $27,364

MARCO BATTAGLIASR ADVISOR · 38 hrs/week $317,664Base $246,791 · Other $70,873

ROBIN C SEMPLEVICE PRESIDENT · 38 hrs/week $280,571Base $233,360 · Other $47,211

CHARLES A WRIGHT IIIVICE PRESIDENT · 38 hrs/week $271,754Base $219,719 · Other $52,035

LOREN SAVAGEASSC. VICE PRESIDENT · 38 hrs/week $259,553Base $217,047 · Other $42,506

IRENE OBRIENOUTGOING VICE PRESIDENT · 38 hrs/week $241,052Base $199,375 · Other $41,677

KRISTIN DIFOGLIOEXECUTIVE DIRECTOR · 38 hrs/week $235,352Base $175,600 · Other $59,752

ERIN VARGAASSC.VICE PRESIDENT · 38 hrs/week $223,071Base $191,332 · Other $31,739

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (47)

WILLIAM J GREENOUTGOING VICE PRESIDENT

MARK ANTONUCCIASSISTANT SECRETARY

DENISE P GAVALAOUTGOING SR. ASSOC. VICE PRESIDENT

SHAWN TUCKEROUTGOING VICE PRESIDENT

CHRISTOPHER P ZRALYASSOCIATE TREASURER

MARCO BATTAGLIASR ADVISOR

ROBIN C SEMPLEVICE PRESIDENT

CHARLES A WRIGHT IIIVICE PRESIDENT

LOREN SAVAGEASSC. VICE PRESIDENT

IRENE OBRIENOUTGOING VICE PRESIDENT

KRISTIN DIFOGLIOEXECUTIVE DIRECTOR

ERIN VARGAASSC.VICE PRESIDENT

VARSHA NAKUMASSISTANT SECRETARY

MARY PAPAMARKOUDIRECTOR

AMY L TOWERSCHAIR/DIRECTOR

MIA CHRISTINE PARKDIRECTOR

PEGGY GUILIANODIRECTOR

PETER TVERDOVDIRECTOR

PHILIP SCALODIRECTOR

REEMA PURIDIRECTOR

RICHARD KENTDIRECTOR

RICHARD STANZIONEDIRECTOR

ROBERT FALZONOUTGOING DIRECTOR

BRUCE BINGHAMOUTGOING DIRECTOR

SEAN M PATTWELLDIRECTOR

ANN M STOCKDIRECTOR

SUBHA BARRYDIRECTOR

TILAK LALDIRECTOR

WILLIAM E BESTOUTGOING DIRECTOR

ELIZABETH J MCNEILLYVICE CHAIR

KENNETH R JOHNSONDIRECTOR

FRANK HUNDLEYDIRECTOR

GARY W CHROPUVKAVICE CHAIR

GLORIA VANDERHAMDIRECTOR/EX-OFFICIO

DUNCAN L MACMILLANSECRETARY

J MICHAEL GOWERTREASURER

JAMES BERGDIRECTOR

JOHN SIVOLELLADIRECTOR

JONATHAN HOLLOWAYEX-OFFICIO/DIRECTOR

MARK P HERSHHORNDIRECTOR

KIMBERLY A HOPELYPRESIDENT

AMY MANSUEEX-OFFICIO/DIRECTOR

LISA DOLLYVICE CHAIR

DONALD LOMURRODIRECTOR

DANIEL DIFILIPPODIRECTOR/CHAIR

MARGARET T DERRICKDIRECTOR

BRUCE P KERZICDIRECTOR

About this charity

Recognized since: January 1974
Location: 335 GEORGE STREET, NEW BRUNSWICK, NJ 08901
County: Middlesex
In care of: LEE TAGGART
Primary officer: LEE TAGGART, VP OPERATIONS/ASSC TREASURER

How to reach them

WebsiteVisit the charity’s website Emailaccessibility@rutgers.edu Phone(848) 932-8020 Officer phone(732) 932-2076

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: COHNREZNICK ADVISORY LLC
NTEE classification: Education (B110)
IRS tax category: Other Grantmaking and Giving Services
Grant-giving organization: Yes