Nonprofit · EIN 22-6017209
MONTCLAIR STATE UNIVERSITY FOUNDATION INC
Tax-exempt · MONTCLAIR, NJ 07043
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $35,588,544 | $14,612,208 | $20,976,336 | $168,171,154 | $4,993,611 | $163,177,543 |
| June 30, 2024 | 990 | $14,808,594 | $9,019,117 | $5,789,477 | $135,561,646 | $3,467,249 | $132,094,397 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $30,972,116
- Program service revenue
- $0
- Investment income
- $4,614,761
- Net gain from sales of assets
- $1,688,506
- Net income from fundraising events
- $1,667
- Other revenue
- $1,667
Expenses
- Grants and similar amounts paid
- $11,717,271
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $10,418
- Accounting fees
- $86,000
- Travel
- $28,925
- Program services (functional)
- $12,040,385
- Management and general (functional)
- $2,286,876
- Fundraising (functional)
- $284,947
Balance sheet and other
- Total assets, start of year
- $135,561,646
- Total assets, end of year
- $168,171,154
- Total liabilities, end of year
- $4,993,611
- Net assets, end of year
- $163,177,543
- Publicly traded securities
- $119,540,397
- Net assets without donor restrictions
- $30,056,123
- Net assets with donor restrictions
- $133,121,420
- Gross receipts
- $47,300,133
- Employees
- 0
- Volunteers
- 50
- Year formed
- 1960
- 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 |
|---|---|---|---|---|
| SHIN K MOON | AVP - FINANCE Officer | 30 | $138,170 | $14,621 |
| ANGELO J GENOVA | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ANTHONY CARLINO | VICE CHAIR TO CHAIR (EFF. 06/25) Trustee or director, Officer | 1 | $0 | $0 |
| BETH GOTTUNG | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CYNTHIA WATSON | TRUSTEE TO TREASURER (EFF. 06/25) Trustee or director, Officer | 1 | $0 | $0 |
| DAVE WERTHEIM | TRUSTEE TO SECRETARY (EFF. 06/25) Trustee or director, Officer | 1 | $0 | $0 |
| DAVID TRUBATCH | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DENISE ROVER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DENNIS BONE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| GREG SHANAPHY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| GREGORY COLLINS | CHAIR TO TRUSTEE (EFF. 6/25) Trustee or director, Officer | 1 | $0 | $0 |
| HAROLD BRYANT | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JAMES MERLI | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JEFFREY L JOHNSON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JONATHAN KOPPELL | TRUSTEE Trustee or director | 1 | $0 | $0 |
12 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JUDITH A SCHUMACHERTILTON | TRUSTEE Trustee or director | 1 | $0 |
| KEITH ANSBACHER | TRUSTEE Trustee or director | 1 | $0 |
| KENT SLUYTER | TRUSTEE Trustee or director | 1 | $0 |
| KEVIN BRADLEY | TRUSTEE Trustee or director | 1 | $0 |
| LESTER TAYLOR | TRUSTEE Trustee or director | 1 | $0 |
| PENELOPE VANCE | SECRETARY TO VICE CHAIR (EFF. 06/25) Trustee or director, Officer | 1 | $0 |
| RITA WALTERS | TRUSTEE Trustee or director | 1 | $0 |
| ROBERT GREGORY | TRUSTEE Trustee or director | 1 | $0 |
| ROBERT IACULLO | TREASURER (UNTIL 06/25) Trustee or director, Officer | 1 | $0 |
| ROBERT J LIEBERMAN | TRUSTEE Trustee or director | 1 | $0 |
| SHANNON BELLUM | TRUSTEE Trustee or director | 1 | $0 |
| STEVEN RESNICK | TRUSTEE Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 29 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JEFFREY CAMPO EXEC DIR | AVP - FINANCE - THRU 2/2024 Officer | 30 | $141,194 | $25,801 |
| GREGORY COLLINS | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| ANTHONY CARLINO | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| PENELOPE VANCE | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| ROBERT IACULLO | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| ANGELO J GENOVA | TRUSTEE Trustee or director | 1 | $0 | $0 |
| BETH GOTTUNG | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CYNTHIA WATSON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DAVE WERTHEIM | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DENISE ROVER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DENNIS BONE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| GREG SHANAPHY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| HAROLD BRYANT | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JAMES MERLI | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JEFFREY L JOHNSON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JUDITH A SCHUMACHER-TILTON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KEITH ANSBACHER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KEVIN BRADLEY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| LESTER TAYLOR | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MARILYN GRABOWKSI | TRUSTEE Trustee or director | 1 | $0 | $0 |
| NADINE LESLIE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ROBERT GREGORY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ROBERT J LIEBERMAN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| STEVEN RESNICK | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ERIK JACOBSEN - EX-OFFICIO | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JONATHAN KOPPELL - EX-OFFICIO | TRUSTEE Trustee or director | 1 | $0 | $0 |
| RITA WALTERS - EX-OFFICIO | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ROSE C CALI - EX-OFFICIO | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SHIN K MOON | AVP - FINANCE - EFF. 4/2024 Officer | 30 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- ONE NORMAL AVE COLLEGE HALL 300, MONTCLAIR, NJ 07043-1624
- Principal officer (990 for 2024)
- SHIN K MOON, ONE NORMAL AVE COLLEGE HALL 300, MONTCLAIR, NJ 07043
- Signed the 990
- SHIN K MOON, AVP - FINANCE
- Phone
- (973) 655-4344
- Return prepared by
- COHNREZNICK ADVISORY LLC
Mission
THE MONTCLAIR STATE UNIVERSITY FOUNDATION ("THE FOUNDATION") WAS ESTABLISHED TO ENCOURAGE AND SUPPORT THE GROWTH AND DEVELOPMENT OF MONTCLAIR STATE UNIVERSITY THROUGH FUNDRAISING ACTIVITIES THAT HELP FURTHER THE EDUCATIONAL, EXPERIENTIAL, AND CULTURAL INFLUENCE OF THE UNIVERSITY FOR ITS STUDENTS, FACULTY, AND STAFF. FUNDS RAISED ARE USED PRIMARILY FOR SCHOLARSHIP SUPPORT, PROGRAMMATIC INITIATIVES THAT ESTABLISH AND/OR FUND CENTERS FOR ACADEMIC RESEARCH AND STUDY, AND SUPPORT FOR THE MAINTENANCE AND REPAIR OF ACADEMIC FACILITIES.
Program accomplishments
- MONTCLAIR STATE UNIVERSITY SUSTAINS IT REPUTATION FOR EXCELLENCE IN PART BY PROVIDING EXCEPTIONAL CURRICULAR AND PROGRAMMATIC ACTIVITIES WHICH FOSTER A HIGH QUALITY LEARNING ENVIRONMENT. THE FOUNDATION PROVIDES NEEDED SUPPORT TO COLLEGES/SCHOOLS ON THE UNIVERSITY CAMPUS TOWARDS THIS ENDEAVOR, AUGMENTING STATE BUDGETED FUNDS WITH ADDITIONAL FUNDING FOR ENHANCED COURSE CURRICULUM, THE OPERATIONS OF INSTITUTES WHICH FURTHER LEARNING, AND OTHER ESSENTIAL NEEDS. FUNDING IS RECEIVED FROM INDIVIDUALS, CORPORATIONS, PRIVATE FOUNDATION AND OTHER SOURCES. THE FOUNDATION MANAGES OVER 600 FUNDS WHICH HAVE BEEN CREATED BASED ON DONOR RESTRICTIONS TOWARDS THESE PURPOSES. FUNDS MAY BE TEMPORARILY RESTRICTED OR PERMANENTLY RESTRICTED (ENDOWED) BASED ON DONOR INTENT. FOUNDATION SUPPORT OFTEN SERVES AS THE SOLE SOURCE OF FUNDING IN ORDER TO SUSTAIN THESE VITAL INITIATIVES.Expenses $7,599,780 · grants $7,414,404
- THE FOUNDATION MANAGES IN EXCESS OF 250 FUNDS ESTABLISHED TO AWARD SCHOLARSHIPS FOR THE STUDENT POPULATION OF MONTCLAIR STATE UNIVERSITY. SCHOLARSHIP FUNDS ARE AVAILABLE TO STUDENTS BASED ON NEED OR MERIT. ADDITIONALLY, SUCH FUNDS PERMIT THE AWARD TO STUDENTS AT THE ADMISSIONS LEVEL AND/OR ARE RESTRICTED TO A SPECIFIC COLLEGE/SCHOOL, DEPARTMENT, MAJOR OR OTHER DEFINED CRITERIA. FUNDING TOWARDS SCHOLARSHIPS IS GENERATED FROM INDIVIDUALS, CORPORATIONS, PRIVATE FOUNDATIONS, EVENTS AND OTHER SOURCES. FUNDS MAY BE TEMPORARILY RESTRICTED OR PERMANENTLY RESTRICTED (ENDOWED) BASED ON DONOR INTENT. THE FOUNDATION, IN SERVING THE NEEDS OF MONTCLAIR STATE UNIVERSITY, ACKNOWLEDGES THAT ONE OF THE TOP PRIORITIES FOR FUNDRAISING STEMS FROM THE NEED TO MEET THE CHALLENGES REGARDING THE COST OF EDUCATION FOR TODAY'S STUDENTS. THE FOUNDATION FOCUSES ON BOTH SHORT-TERM AND LONG-TERM NEEDS, FACTORING INCREASING STUDENT ENROLLMENT, THE ECONOMY, STATE FUNDING TO THE UNIVERSITY, AND LONG RANGE GROWTH PLANS OF THE UNIVERSITY AMONG OTHER FACTORS. SCHOLARSHIP AWARDS CONTINUE TO INCREASE AND FOR FISCAL 2025 IN EXCESS OF 1,500 AWARDS WERE MADE TO BOTH NEED AND MERIT BASED STUDENTS.Expenses $4,302,867 · grants $4,302,867
- THE FOUNDATION MANAGES AN ANNUAL EVENT WHICH IS DESIGNED TO INCREASE DONOR CONNECTIVITY, AWARENESS OF THE NEEDS OF THE UNIVERSITY AND THE FOUNDATION, AND TO FULFILL THE MISSION OF ACADEMIC EXCELLENCE. THE EVENT ENABLES THE FOUNDATION TO PROVIDE RESOURCES FOR MUCH NEEDED SUPPORT TO UNIVERSITY STUDENT ATHLETES AS THEY BALANCE THEIR ATHLETIC COMMITMENTS WITH EDUCATIONAL PRIORITIES. FOR FISCAL 2025 THE NET PROCEEDS OF THE GOLF OUTING WERE USED IN CONTINUED SUPPORT OF VIRTUAL BROADCASTING CAPABILITIES FOR ALL SPORTING EVENTS IN A SOCIAL MEDIA ENVIRONMENT.Expenses $137,738
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
- 22-6017209
- 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
- 1960
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B110)
- Assets (IRS master file)
- $168,171,154
- Income (IRS master file)
- $47,300,133
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $35,588,544 | $14,612,208 | $168,171,154 | XML |
| 990 | June 2024 | $14,808,594 | $9,019,117 | $135,561,646 | XML |
| 990 | June 2023 | $15,347,323 | $10,357,786 | $119,002,563 | IRS |
| 990 | June 2022 | $13,284,004 | $8,584,400 | $109,561,235 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | 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 22-6017209).
Questions about MONTCLAIR STATE UNIVERSITY FOUNDATION INC
- What is the EIN of MONTCLAIR STATE UNIVERSITY FOUNDATION INC?
- The employer identification number (EIN) of MONTCLAIR STATE UNIVERSITY FOUNDATION INC is 22-6017209.
- Is MONTCLAIR STATE UNIVERSITY FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1960.
- Are donations to MONTCLAIR STATE UNIVERSITY FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MONTCLAIR STATE 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 MONTCLAIR STATE 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 MONTCLAIR STATE 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 MONTCLAIR STATE UNIVERSITY FOUNDATION INC?
- The 990 for the year ended June 30, 2025 names SHIN K MOON.
- Who are the officers and directors of MONTCLAIR STATE UNIVERSITY FOUNDATION INC?
- The 990 for the year ended June 30, 2025 lists 27 people; 1 received compensation from the organization, the highest $138,170 (SHIN K MOON, AVP - FINANCE).
- How much revenue does MONTCLAIR STATE UNIVERSITY FOUNDATION INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $35,588,544, expenses of $14,612,208 and total assets of $168,171,154 at year end.
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