EIN 22-2482802

Rowan University Foundation (RUF)

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
1983
Most recent tax filings
2023-06-01
Description
Rowan University Foundation is committed to strengthening the University and providing students with exceptional educational opportunities.
Total revenues
$48,338,446
2023
Total expenses
$18,801,322
2023
Total assets
$391,588,315
2023
Num. employees
0
2023

Program areas at RUF

Grants to Rowan University and affiliate -the Rowan University Foundation oversees and coordinates all fund-raising activities and is responsible for the management, investment and distribution of all charitable contributions to benefit Rowan University. As the independent, officially designated non-profit organization of philanthropic aid to the institution, the Foundation is the only vehicle through which charitable gifts may be made to Rowan University.
Scholarships given to students -the Rowan University Foundation's scholarship program aims to assist students with the rising cost of tuition and total cost of attendance. Scholarships are awarded to students based on both need and merit. In fy2023, the Rowan University Foundation awarded over $3.7 million in scholarships. Awards are made to students majoring in all of Rowan's eleven academic colleges and undergraduate schools as well as our two medical schools.

Grants made by RUF

GranteeGrant descriptionAmount
Rowan University Student Government AssociationTo Support Student Government Activities$5,895

Who funds Rowan University Foundation (RUF)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Virtua Health FoundationPromote and Enhance Clinical Education, Research, and Clinical Activities.$25,000,000
Schwab Charitable FundEducation$1,072,983
Henry M. Rowan Family FoundationGeneral Support$1,000,000
...and 49 more grants received totalling $30,006,106

Personnel at RUF

NameTitleCompensation
Theresa DryeSystem Vice President , Chief Human Resource Officer
David WeinsteinVice President for Government Relations
John ZabinskiVice President for University Advancement and Rowan University Foundation Executive Director$0
Jeff HandSenior Vice President for Strategic Enrollment Management
Kevin KoettVice President for Student Life and Dean of Students
...and 9 more key personnel

Financials for RUF

RevenuesFYE 06/2023
Total grants, contributions, etc.$37,329,380
Program services$0
Investment income and dividends$4,409,804
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$6,457,740
Net income from fundraising events$-11,237
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$152,759
Total revenues$48,338,446

Form 990s for RUF

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-15990View PDF
2022-062023-05-15990View PDF
2021-062022-05-16990View PDF
2020-062021-05-18990View PDF
2019-062020-10-05990View PDF
...and 9 more Form 990s
Data update history
September 21, 2024
Received grants
Identified 2 new grant, including a grant for $18,050 from Anthony J Galvin Charitable Foundation
August 7, 2024
Updated personnel
Identified 3 new personnel
July 17, 2024
Received grants
Identified 13 new grant, including a grant for $50,000 from With Foundation
July 12, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 18, 2024
Received grants
Identified 25 new grant, including a grant for $25,000,000 from Virtua Health Foundation
Nonprofit Types
School foundationsGrantmaking organizationsHeadquarter / parent organizationsCharities
Issues
Education
Characteristics
Funds one specific organizationProvides grantsFundraising eventsOperates internationallyNational levelEndowed supportProvides scholarshipsTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
201 Mullica Hill Rd
Glassboro, NJ 08028
Metro area
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
County
Gloucester County, NJ
Website URL
sites.rowan.edu/advancement/ 
Facebook page
RowanUniversity 
IRS details
EIN
22-2482802
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1983
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B11: Education Single Organization Support
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Central organization
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