Nonprofit · EIN 22-2849480
KEAN UNIVERSITY FOUNDATION INC
Tax-exempt · UNION, NJ 07083
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $16,722,496 | $12,104,531 | $4,617,965 | $125,445,157 | $4,844,773 | $120,600,384 |
| June 30, 2024 | 990 | $10,058,819 | $9,826,654 | $232,165 | $111,099,096 | $1,485,574 | $109,613,522 |
| June 30, 2023 | 990 | $10,085,812 | $8,433,241 | $1,652,571 | $102,482,697 | $1,621,918 | $100,860,779 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $7,793,746
- Program service revenue
- $3,166,646
- Investment income
- $6,135,004
- Net gain from sales of assets
- $3,420,672
- Other revenue
- -$372,900
Expenses
- Grants and similar amounts paid
- $3,406,794
- Compensation of officers, directors and key employees
- $912,180
- Other salaries and wages
- $881,401
- Salaries, compensation and benefits (total)
- $2,019,379
- Professional fundraising fees
- $0
- Legal fees
- $110,609
- Accounting fees
- $55,000
- Occupancy
- $89,218
- Travel
- $625,418
- Depreciation
- $2,674
- Program services (functional)
- $6,773,719
- Management and general (functional)
- $3,734,124
- Fundraising (functional)
- $1,596,688
Balance sheet and other
- Total assets, start of year
- $111,099,096
- Total assets, end of year
- $125,445,157
- Total liabilities, end of year
- $4,844,773
- Net assets, end of year
- $120,600,384
- Land, buildings and equipment
- $1,179,588
- Publicly traded securities
- $87,234,318
- Net assets without donor restrictions
- $4,213,011
- Net assets with donor restrictions
- $116,387,373
- Gross unrelated business income
- -$127,904
- Gross receipts
- $42,125,997
- Employees
- 14
- Volunteers
- 0
- Year formed
- 1984
- 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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| WILLIAM MILLER | CEO Trustee or director, Officer | 40 | $315,750 | $13,993 |
| CLARINDA JOSEPH-CUMBERBATCH | COO Officer | 40 | $197,790 | $6,695 |
| EDWARD W AHART II | CDO Highest-paid employee | 40 | $177,000 | $17,077 |
| MOLLY MCGARRY | SR DIRECTOR OF ANNUAL GIVING Highest-paid employee | 40 | $120,681 | $0 |
| OFELIA C GOMES | DIRECTOR OF DATA MANAGEMENT Highest-paid employee | 40 | $110,551 | $0 |
| WILLIAM F LOEHNING | CHAIR Trustee or director, Officer | 0.25 | $0 | $0 |
| MARK HILTWEIN | VICE CHAIR Trustee or director, Officer | 0.25 | $0 | $0 |
| LINDA D TUMA | SECRETARY Trustee or director, Officer | 0.25 | $0 | $0 |
| ANTHONY GIORDANO III | TREASURER Trustee or director, Officer | 0.25 | $0 | $0 |
| ANGEL IHIE | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| ARTHUR WILLIAMS | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| BARBARA SOBEL | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| BRIAN MURPHY | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| CHARLES WAIMON | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| CHERYL QUINIO-BLODGETT | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
15 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHRISTINA CAREY DUNLEAVY | DIRECTOR Trustee or director | 0.25 | $0 |
| DONALD BRADY | DIRECTOR Trustee or director | 0.25 | $0 |
| LAMONT O REPOLLET ED D | DIRECTOR Trustee or director | 0.25 | $0 |
| EDWARDO ESPINAL | DIRECTOR Trustee or director | 0.25 | $0 |
| EDWARD A ESPOSITO | DIRECTOR Trustee or director | 0.25 | $0 |
| GERALD TARANTOLO | DIRECTOR Trustee or director | 0.25 | $0 |
| HENRY RINDER | DIRECTOR Trustee or director | 0.25 | $0 |
| JAMES K ESTABROOK ESQ | DIRECTOR Trustee or director | 0.25 | $0 |
| KEVIN ALTON | DIRECTOR Trustee or director | 0.25 | $0 |
| LESLIE HARWOOD | DIRECTOR Trustee or director | 0.25 | $0 |
| MARLON MATHEWS | DIRECTOR Trustee or director | 0.25 | $0 |
| MIKE MILLAZZO | DIRECTOR Trustee or director | 0.25 | $0 |
| PATRICIA DULINSKI | DIRECTOR Trustee or director | 0.25 | $0 |
| SCOTT N SCHOBER | DIRECTOR Trustee or director | 0.25 | $0 |
| STEVE FASTOOK | DIRECTOR Trustee or director | 0.25 | $0 |
990 for the year ended June 30, 2024: 32 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| WILLIAM MILLER | CEO Trustee or director, Officer | 40 | $263,454 | $13,137 |
| CLARINDA JOSEPH-CUMBERBATCH | COO Officer | 40 | $174,042 | $6,067 |
| EDWARD W AHART II | CDO Highest-paid employee | 40 | $143,324 | $14,838 |
| LORI FUNICELLO | DIRECTOR OF PLANNED GIVING Highest-paid employee | 40 | $114,469 | $0 |
| MOLLY MCGARRY | SENIOR DIRECTOR OF ANNUAL GIVING Highest-paid employee | 40 | $109,650 | $0 |
| EILEEN COTTER | PHILANTHROPY OFFICER Highest-paid employee | 40 | $108,232 | $0 |
| OFELIA GOMES | DIRECTOR OF DATA MGMT Highest-paid employee | 40 | $102,524 | $0 |
| STEVE FASTOOK | DIRECTOR Trustee or director, Officer | 0.25 | $0 | $0 |
| MARIA E BORDAS | VICE CHAIR Trustee or director, Officer | 0.25 | $0 | $0 |
| ANTHONY GIORDANO III | TREASURER Trustee or director, Officer | 0.25 | $0 | $0 |
| LINDA TUMA | SECRETARY Trustee or director, Officer | 0.25 | $0 | $0 |
| KEVIN ALTON | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| PATRICIA DULINSKI | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| EDWARD A ESPOSITO | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| JAMES K ESTABROOK ESQ | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| LESLIE HARWOOD | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| BARBARA SOBEL | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| SCOTT N SCHOBER | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| DONALD BRADY | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| WILLIAM LOEHNING | CHAIR Trustee or director | 0.25 | $0 | $0 |
| GERALD TARANTOLO | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| ARTHUR WILLIAMS | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| CHUCK WAIMON | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| HENRY RINDER | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| JOHN TURNER | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| MARLON MATHEWS | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| LAMONT O REPOLLET ED D | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| BRIAN MURPHY | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| MARK HILTWEIN | DIRECTOR/VICE CHAIR Trustee or director | 0.25 | $0 | $0 |
| DELIA LATINI | KEAN STUDENT REP Trustee or director | 0.25 | $0 | $0 |
| CHRISTINA CAREY DUNLEAVY | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| CHERYL QUINIO-BLODGETT | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
990 for the year ended June 30, 2023: 28 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| WILLIAM MILLER | CEO Trustee or director, Officer | 40 | $290,000 | $12,744 |
| CLARINDA JOSEPH-CUMBERBATCH | COO Officer | 40 | $164,250 | $3,984 |
| EDWARD W AHART II | CDO Highest-paid employee | 40 | $118,800 | $6,715 |
| OFELIA GOMES | DIRECTOR OF DATA MGMT Highest-paid employee | 40 | $108,899 | $3,645 |
| STEVE FASTOOK | DIRECTOR Trustee or director, Officer | 0.25 | $0 | $0 |
| MARIA E BORDAS | VICE CHAIR Trustee or director, Officer | 0.25 | $0 | $0 |
| ANTHONY GIORDANO III | TREASURER Trustee or director, Officer | 0.25 | $0 | $0 |
| LINDA TUMA | SECRETARY Trustee or director, Officer | 0.25 | $0 | $0 |
| KEVIN ALTON | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| PATRICIA DULINSKI | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| EDWARD A ESPOSITO | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| JAMES K ESTABROOK ESQ | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| LESLIE HARWOOD | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| BARBARA SOBEL | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| SCOTT N SCHOBER | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| DONALD BRADY | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| WILLIAM LOEHNING | CHAIR Trustee or director | 0.25 | $0 | $0 |
| GERALD TARANTOLO | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| ARTHUR WILLIAMS | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| CHUCK WAIMON | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| HENRY RINDER | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| JOHN TURNER | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| MARLON MATHEWS | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| LAMONT O REPOLLET ED D | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| BRIAN MURPHY | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| MARK HILTWEIN | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| DELIA LATINI | KEAN STUDENT REP Trustee or director | 0.25 | $0 | $0 |
| CHRISTINA CAREY DUNLEAVY | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1000 MORRIS AVE, UNION, NJ 07083-7133
- Principal officer (990 for 2024)
- WILLIAM MILLER, 1000 MORRIS AVENUE, UNION, NJ 07083
- Signed the 990
- WILLIAM MILLER, CEO
- Phone
- (908) 316-8920
- Website
- WWW.KEANFOUNDATION.ORG
- Return prepared by
- MSPC CPAS & ADVISORS PC
Mission
THE ORGANIZATION RAISES FUNDS TO SUPPORT KEAN UNIVERSITY
Program accomplishments
- SCHOLARSHIPS TO KEAN UNIVERSITY STUDENTSExpenses $3,406,794 · grants $3,406,794
- PROGRAMS AND GRANTS TO KEAN UNIVERSITYExpenses $3,366,925 · revenue $2,921,650
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 22-2849480
- 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
- 1988
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B110)
- Assets (IRS master file)
- $125,445,157
- Income (IRS master file)
- $42,125,997
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $16,722,496 | $12,104,531 | $125,445,157 | IRS |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $10,058,819 | $9,826,654 | $111,099,096 | IRS |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $10,085,812 | $8,433,241 | $102,482,697 | XML |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | $11,069,195 | $5,192,029 | $95,899,383 | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-T | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 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 22-2849480).
Questions about KEAN UNIVERSITY FOUNDATION INC
- What is the EIN of KEAN UNIVERSITY FOUNDATION INC?
- The employer identification number (EIN) of KEAN UNIVERSITY FOUNDATION INC is 22-2849480.
- Is KEAN UNIVERSITY FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1988.
- Are donations to KEAN UNIVERSITY FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does KEAN UNIVERSITY FOUNDATION INC 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 KEAN UNIVERSITY FOUNDATION INC 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 KEAN UNIVERSITY FOUNDATION INC 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 KEAN UNIVERSITY FOUNDATION INC?
- The 990 for the year ended June 30, 2025 names WILLIAM MILLER.
- Who are the officers and directors of KEAN UNIVERSITY FOUNDATION INC?
- The 990 for the year ended June 30, 2025 lists 30 people; 5 received compensation from the organization, the highest $315,750 (WILLIAM MILLER, CEO).
- How much revenue does KEAN UNIVERSITY FOUNDATION INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $16,722,496, expenses of $12,104,531 and total assets of $125,445,157 at year end.
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