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Nonprofit · EIN 22-1957406

STOCKTON UNIVERSITY FOUNDATION

Also known as DEPT OF ADMINISTRATION AND FINANCE

Tax-exempt · GALLOWAY, NJ 08205

Financials

$5.6M$3.2M2022$4.8M$2.9M2023$20.4M$3.2M2024
Revenue Expenses · by fiscal year end
Financials of STOCKTON UNIVERSITY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$20,368,695$3,188,414$17,180,281$75,923,975$268,548$75,655,427
June 30, 2024990$4,818,330$2,930,547$1,887,783$67,621,924$110,950$67,510,974
June 30, 2023990$5,634,290$3,180,274$2,454,016$60,657,203$31,737$60,625,466
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$3,891,811
Program service revenue
$0
Investment income
$16,575,410
Net gain from sales of assets
$14,850,523
Net income from fundraising events
-$98,526
Other revenue
-$98,526

Expenses

Grants and similar amounts paid
$2,132,505
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$52,097
Legal fees
$3,916
Accounting fees
$28,081
Travel
$123,666
Program services (functional)
$2,752,728
Management and general (functional)
$383,589
Fundraising (functional)
$52,097

Balance sheet and other

Total assets, start of year
$67,621,924
Total assets, end of year
$75,923,975
Total liabilities, end of year
$268,548
Net assets, end of year
$75,655,427
Publicly traded securities
$69,106,016
Net assets without donor restrictions
$4,136,539
Net assets with donor restrictions
$71,518,888
Gross receipts
$78,959,463
Employees
0
Volunteers
281
Year formed
1972
State of legal domicile
NJ

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
DR JOE BERTOLINOUNIVERSITY PRESIDENT
Trustee or director
4$0$448,011$77,206
DANIEL NUGENTEXECUTIVE DIRECTOR
Trustee or director, Officer
6$0$210,367$45,200
DR DONNA M ALBANOBOARD MEMBER
Trustee or director
2$0$153,889$31,368
DR BRIGID CALLAHAN HARRISONCHAIR
Trustee or director, Officer
4$0$0$0
MICHAEL L ALBRECHTFIRST VICE CHAIR
Trustee or director, Officer
4$0$0$0
JOSEPH P FUSCO ESQSECOND VICE CHAIR
Trustee or director, Officer
4$0$0$0
CLAIRE B KUHAR CPATREASURER
Trustee or director, Officer
4$0$0$0
MICHAEL C EPPS ESQSECRETARY end 10-31-24
Trustee or director, Officer
4$0$0$0
KAREN ALTONBOARD MEMBER
Trustee or director
2$0$0$0
LOUIS T BARBERIO IIIBOARD MEMBER
Trustee or director
2$0$0$0
DONNA H BUZBY CPABOARD MEMBER
Trustee or director
2$0$0$0
TIMOTHY CAREWBOARD MEMBER
Trustee or director
2$0$0$0
STEVEN COCCHIBOARD MEMBER
Trustee or director
2$0$0$0
AQUASIA DAVISBOARD MEMBER
Trustee or director
2$0$0$0
DAVID A DELIZZABOARD MEMBER
Trustee or director
2$0$0$0
26 more people on this return
NameTitleHours / weekCompensation
SAGE DEL VALLEBOARD MEMBER
Trustee or director
2$0
RICHARD S DOVEYBOARD MEMBER
Trustee or director
2$0
THOMAS L GLENN IIIBOARD MEMBER
Trustee or director
2$0
BARBARA GOMESBOARD MEMBER
Trustee or director
2$0
JOHN S GRAYBOARD MEMBER
Trustee or director
2$0
L GAYLE GROSSBOARD MEMBER
Trustee or director
2$0
LORI S HERNDONBOARD MEMBER
Trustee or director
2$0
JOSEPH R JINGOIL JRBOARD MEMBER
Trustee or director
2$0
LISA JOHNSONBOARD MEMBER
Trustee or director
2$0
DR JOHANNA R JOHNSONBOARD MEMBER
Trustee or director
2$0
26 HAK J KIMBOARD MEMBER
Trustee or director
2$0
27 CHARLES W KRAMERBOARD MEMBER
Trustee or director
2$0
28 THOMAS KUHARBOARD MEMBER end 08-2025
Trustee or director
2$0
29 RITA MACKBOARD MEMBER
Trustee or director
2$0
30 EDWARD H MARSHALL IIIBOARD MEMBER
Trustee or director
2$0
31 KENNETH O'REGGIOBOARD MEMBER
Trustee or director
2$0
32 ROXANNE PASSARELLA ESQBOARD MEMBER
Trustee or director
2$0
33 BONNIE D PUTTERMAN ESQBOARD MEMBER
Trustee or director
2$0
34 RICK RICCIARDIBOARD MEMBER
Trustee or director
2$0
35 CAMILLE E SAILER ESQBOARD MEMBER
Trustee or director
2$0
36 TRIBHUVAN SINGHBOARD MEMBER
Trustee or director
2$0
37 THOMAS J SYKESBOARD MEMBER
Trustee or director
2$0
38 MELVYN J TARNOPOL ESQBOARD MEMBER
Trustee or director
2$0
39 PAMELA A THOMAS-FIELDS MASBOARD MEMBER
Trustee or director
2$0
40 CAROLINE TILLBOARD MEMBER
Trustee or director
2$0
41 RICHARD H WALKER JR ESQBOARD MEMBER
Trustee or director
2$0
990 for the year ended June 30, 2024: 45 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
DANIEL NUGENTEXECUTIVE DIRECTOR
Trustee or director, Officer
6$0$202,057$43,192
DR JOSEPH BERTOLINOUNIVERSITY PRESIDENT
Trustee or director
4$0$206,596$16,653
DR DONNA M ALBANOBOARD MEMBER
Trustee or director
2$0$134,265$29,486
DR BRIGID CALLAHAN HARRISONCHAIR
Trustee or director, Officer
4$0$0$0
MICHAEL L ALBRECHTFIRST VICE CHAIR
Trustee or director, Officer
4$0$0$0
JOSEPH A FUSCO ESQSECOND VICE CHAIR
Trustee or director, Officer
4$0$0$0
CLAIRE B KUHAR CPATREASURER
Trustee or director, Officer
4$0$0$0
MICHAEL C EPPS ESQSECRETARY
Trustee or director, Officer
4$0$0$0
KAREN ALTONBOARD MEMBER
Trustee or director
2$0$0$0
LOUIS T BARBERIO IIIBOARD MEMBER
Trustee or director
2$0$0$0
DONNA H BUZBY CPABOARD MEMBER
Trustee or director
2$0$0$0
TIMOTHY CAREWBOARD MEMBER
Trustee or director
2$0$0$0
STEVEN COCCHIBOARD MEMBER 06-06-24
Trustee or director
1$0$0$0
AQUASIA DAVISBOARD MEMBER
Trustee or director
2$0$0$0
DAVID A DELIZZABOARD MEMBER
Trustee or director
2$0$0$0
SAGE DEL VALLEBOARD MEMBER 06-06-24
Trustee or director
1$0$0$0
RICHARD S DOVEYBOARD MEMBER
Trustee or director
2$0$0$0
THOMAS L GLENN IIIBOARD MEMBER
Trustee or director
2$0$0$0
BARBARA GOMESBOARD MEMBER
Trustee or director
2$0$0$0
JOHN S GRAYBOARD MEMBER
Trustee or director
2$0$0$0
L GAYLE GROSSBOARD MEMBER
Trustee or director
2$0$0$0
LORI S HERNDONBOARD MEMBER
Trustee or director
2$0$0$0
JOSEPH R JINGOLI JRBOARD MEMBER
Trustee or director
2$0$0$0
LISA JOHNSONBOARD MEMBER
Trustee or director
2$0$0$0
DR JOHANNA R JOHNSONBOARD MEMBER
Trustee or director
2$0$0$0
26 HAK J KIMBOARD MEMBER
Trustee or director
2$0$0$0
27 CHARLES W KRAMERBOARD MEMBER
Trustee or director
2$0$0$0
28 THOMAS KUHARBOARD MEMBER
Trustee or director
2$0$0$0
29 RITA MACKBOARD MEMBER
Trustee or director
2$0$0$0
30 EDWARD H MARSHALL IIIBOARD MEMBER
Trustee or director
2$0$0$0
31 KENNETH O'REGGIOBOARD MEMBER
Trustee or director
2$0$0$0
32 ROXANNE PASSARELLA ESQBOARD MEMBER
Trustee or director
2$0$0$0
33 BONNIE D PUTTERMAN ESQBOARD MEMBER
Trustee or director
2$0$0$0
34 RICK RICCIARDIBOARD MEMBER
Trustee or director
2$0$0$0
35 CAMILLE E SAILER ESQBOARD MEMBER
Trustee or director
2$0$0$0
36 TRIBHUVAN SINGHBOARD MEMBER
Trustee or director
2$0$0$0
37 THOMAS J SYKESBOARD MEMBER
Trustee or director
2$0$0$0
38 MELVYN J TARNOPOL ESQBOARD MEMBER
Trustee or director
2$0$0$0
39 PAMELA A THOMAS-FIELDS MASBOARD MEMBER
Trustee or director
2$0$0$0
40 CAROLINE TILLBOARD MEMBER
Trustee or director
2$0$0$0
41 RICHARD H WALKER JR ESQBOARD MEMBER
Trustee or director
2$0$0$0
42 DR PETER CAPORILLIBOARD MEMBER end 09-13-23
Trustee or director
1$0$0$0
43 DR JUANITA HIGHBOARD MEMBER end 01-24-24
Trustee or director
2$0$0$0
44 MICHAEL A HYETT ESQBOARD MEMBER end 10-14-23
Trustee or director
1$0$0$0
45 DR MUKESH ROYBOARD MEMBER end 05-27-24
Trustee or director
2$0$0$0
990 for the year ended June 30, 2023: 44 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
DR HARVEY KESSELMANUNIVERSITY PRESIDENT through 063023
Trustee or director
4$0$512,253$169,830
DANIEL NUGENTEXECUTIVE DIRECTOR
Trustee or director, Officer
6$0$192,190$36,927
DONNA M ALBANOBOARD MEMBER
Trustee or director
2$0$141,022$25,175
DR BRIGID CALLAHAN HARRISONCHAIR
Trustee or director, Officer
4$0$0$0
MICHAEL L ALBRECHTFIRST VICE CHAIR
Trustee or director, Officer
4$0$0$0
JOSEPH A FUSCO ESQSECOND VICE CHAIR
Trustee or director, Officer
4$0$0$0
CLAIRE B KUHAR CPATREASURER
Trustee or director, Officer
4$0$0$0
MICHAEL C EPPS ESQSECRETARY
Trustee or director, Officer
4$0$0$0
KAREN ALTONBOARD MEMBER
Trustee or director
2$0$0$0
LOUIS T BARBERIO IIIBOARD MEMBER
Trustee or director
2$0$0$0
DONNA H BUZBY CPABOARD MEMBER
Trustee or director
2$0$0$0
TIMOTHY CAREWBOARD MEMBER
Trustee or director
2$0$0$0
AQUASIA DAVISBOARD MEMBER
Trustee or director
2$0$0$0
DAVID A DELIZZABOARD MEMBER
Trustee or director
2$0$0$0
RICHARD S DOVEYBOARD MEMBER
Trustee or director
2$0$0$0
THOMAS L GLENN IIIBOARD MEMBER
Trustee or director
2$0$0$0
BARBARA GOMESBOARD MEMBER
Trustee or director
2$0$0$0
JOHN S GRAYBOARD MEMBER
Trustee or director
2$0$0$0
L GAYLE GROSSBOARD MEMBER
Trustee or director
2$0$0$0
LORI S HERNDONBOARD MEMBER
Trustee or director
2$0$0$0
DR JUANITA J HIGHBOARD MEMBER
Trustee or director
2$0$0$0
JOSEPH R JINGOLIBOARD MEMBER
Trustee or director
2$0$0$0
DR JOHANNA R JOHNSONBOARD MEMBER
Trustee or director
2$0$0$0
LISA JOHNSONBOARD MEMBER
Trustee or director
2$0$0$0
HAK J KIMBOARD MEMBER
Trustee or director
2$0$0$0
26 CHARLES W KRAMERBOARD MEMBER
Trustee or director
2$0$0$0
27 THOMAS KUHARBOARD MEMBER
Trustee or director
2$0$0$0
28 RITA MACKBOARD MEMBER
Trustee or director
2$0$0$0
29 EDWARD H MARSHALL IIIBOARD MEMBER
Trustee or director
2$0$0$0
30 KENNETH O'REGGIOBOARD MEMBER
Trustee or director
2$0$0$0
31 ROXANNE PASSARELLA ESQBOARD MEMBER
Trustee or director
2$0$0$0
32 BONNIE D PUTTERMAN ESQBOARD MEMBER
Trustee or director
2$0$0$0
33 RICK RICCIARDIBOARD MEMBER
Trustee or director
2$0$0$0
34 DR MUKESH ROY MBBS MPHTMBOARD MEMBER
Trustee or director
2$0$0$0
35 CAMILLE E SAILER ESQBOARD MEMBER
Trustee or director
2$0$0$0
36 TRIBHUVAN SINGHBOARD MEMBER
Trustee or director
2$0$0$0
37 THOMAS J SYKESBOARD MEMBER
Trustee or director
2$0$0$0
38 MELVYN J TARNOPOL ESQBOARD MEMBER
Trustee or director
2$0$0$0
39 PAMELA A THOMAS-FIELDS MASBOARD MEMBER
Trustee or director
2$0$0$0
40 CAROLINE TILLBOARD MEMBER
Trustee or director
2$0$0$0
41 RICHARD H WALKER JR ESQBOARD MEMBER
Trustee or director
2$0$0$0
42 DR PETER CAPORILLIBOARD MEMBER
Trustee or director
2$0$0$0
43 MICHAEL A HYETT ESQBOARD MEMBER
Trustee or director
2$0$0$0
44 VINCENT PAPACCIOBOARD MEMBER END 09 2022
Trustee or director
2$0$0$0

Address and contacts

Address (IRS master file)
101 VERA KING FARRIS DR STE K 204, GALLOWAY, NJ 08205-9441
In care of
% DANIEL NUGENT
Principal officer (990 for 2024)
DANIEL NUGENT, 101 VERA KING FARRIS DR, STE K 204, GALLOWAY, NJ 08205
Signed the 990
JENNIFER POTTER, SVP FOR ADMIN & FINANCE AND CFO
Phone
(609) 626-3546

Mission

DESCRIPTION OF ORGANIZATION MISSION: THE FOUNDATION WAS ESTABLISHED IN 1972 BY FRIENDS OF THE UNIVERSITY TO PROVIDE FOR THE PHILANTHROPIC NEEDS OF STOCKTON UNIVERSITY. THE FOUNDATION PROVIDES LEADERSHIP AND OVERSIGHT AND IS RESPONSIBLE FOR RAISING STEWARDING AND DISTRIBUTING FUNDS IN SUPPORT OF STOCKTON UNIVERSITY AND ITS STUDENTS. THE FOUNDATIONS PRIMARY FOCUS IS TO BE A SUBSTANTIAL SOURCE OF FINANCIAL ASSISTANCE FOR A SIGNIFICANT NUMBER OF STUDENTS AND FOR STRENGTHENING THE EDUCATION CAPACITY OF THE UNIVERSITY.

990 for the year ended June 30, 2025

Program accomplishments

  • STOCKTON UNIVERSITYS SCHOLARSHIP PROGRAM PROVIDES AWARDS TO UNDERGRADUATE AND GRADUATE STUDENTS PRIMARILY ON A COMPETITIVE BASIS SOME AWARDS ARE RESTRICTED TO NEEDS-BASED CRITERIA. 885 STUDENTS RECEIVED SCHOLARSHIP AWARDS IN FY25. THESE AWARDS ARE MADE FROM THE FOUNDATIONS PERMANENTLY RESTRICTED ENDOWMENT FUNDS AS WELL AS THROUGH CURRENT-USE GIFTS AND THROUGH THE FOUNDATIONS GENERAL SCHOLARSHIP FUNDS.
    Expenses $1,517,426 · grants $1,517,426
  • DONOR RESTRICTED FUNDS BOTH ENDOWED AND CURRENT-USE PROVIDE PHILANTHROPIC SUPPORT FOR A NUMBER OF UNIVERSITY INITIATIVES INCLUDING UNDERGRADUATE RESEARCH VISITING LECTURERS SCHOLARS PROGRAMMING IN THE VARIOUS ACADEMIC CENTERS FACULTY SCHOLARLY ACTIVITY AND OTHER SPECIAL PROGRAMMING THAT ADVANCES THE ACADEMIC MISSION OF THE UNIVERSITY.
    Expenses $546,555
  • DONOR RESTRICTED FUNDS BOTH ENDOWED AND CURRENT-USE PROVIDE SUPPORT FOR FACILITY RENOVATION CONSTRUCTION AND OR OPERATIONS. FACILITIES AND OPERATIONS CURRENTLY SUPPORTED INCLUDE THE NOYES MUSEUM THE OBSERVATORY PHYSICAL THERAPY PROGRAM SPACE AND THE SAM AZEEZ MUSEUM.
    Expenses $615,079 · grants $615,079
  • OTHER DIRECT SUPPORT AND FACULTY SUPPORT.
    Expenses $73,668

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
22-1957406
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1972
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$75,923,975
Income (IRS master file)
$78,959,463

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$20,368,695$3,188,414$75,923,975IRS
990June 2024$4,818,330$2,930,547$67,621,924IRS
990June 2023$5,634,290$3,180,274$60,657,203XML
990June 2022$5,457,548$3,002,831$54,897,443IRS
990June 2021–––IRS
990-TJune 2021–––IRS
990June 2020–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 22-1957406).

Questions about STOCKTON UNIVERSITY FOUNDATION

What is the EIN of STOCKTON UNIVERSITY FOUNDATION?
The employer identification number (EIN) of STOCKTON UNIVERSITY FOUNDATION is 22-1957406.
Is STOCKTON UNIVERSITY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1972.
Are donations to STOCKTON UNIVERSITY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does STOCKTON UNIVERSITY FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of STOCKTON UNIVERSITY FOUNDATION due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did STOCKTON UNIVERSITY FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of STOCKTON UNIVERSITY FOUNDATION?
The 990 for the year ended June 30, 2025 names DANIEL NUGENT.
Who are the officers and directors of STOCKTON UNIVERSITY FOUNDATION?
The 990 for the year ended June 30, 2025 lists 41 people; 0 received compensation from the organization.
How much revenue does STOCKTON UNIVERSITY FOUNDATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $20,368,695, expenses of $3,188,414 and total assets of $75,923,975 at year end.

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