2023-05-04T19:02:26-05:00 2022-06-30 221478099 COHNREZNICK LLP 14 SYLVAN WAY PARSIPPANY NJ 070543801 990 2021-07-01 237318742 RUTGERS UNIVERSITY FOUNDATION RUTG 8489328020 335 GEORGE STREET NEW BRUNSWICK NJ 08901 CHRISTOPHER P ZRALY CFO & ASSOC. TREASURER 7329322076 2023-05-03 1 CHRISTOPHER ZRALY 999009999 LORI ROTHE YOKOBOSKY CPA P01273422 9732283500 2023-05-02 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z CHRISTOPHER P ZRALY 335 GEORGE STREET NEW BRUNSWICK NJ 08901 215670587 0 X WWW.SUPPORT.RUTGERS.EDU X 1973 NJ TO SUPPORT RUTGERS, THE STATE UNIVERSITY, AND HELP IT ATTAIN EXCELLENCE (CONTINUED ON SCHEDULE O) IN EDUCATION, RESEARCH AND PUBLIC SERVICE BY BUILDING RELATIONSHIPS WITH SUPPORTERS TO RAISE MONEY FOR RUTGERS. 44 44 241 91 1133374 967832 143737617 173056821 4444061 579955 167287 -309943 25147515 29165447 173496480 202492280 122913540 181303815 0 0 18839346 21534000 1519222 1385011 2521061 8413678 11480479 151685786 215703305 21810694 -13211025 149036870 133617219 24801942 22216042 124234928 111401177 X 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. 0 0 199842970 181303815 28474744 THE RUTGERS UNIVERSITY FOUNDATION RAISES FUNDS TO MEET UNIVERSITY NEEDS AND SUPPLEMENT STATE, FEDERAL AND OTHER SOURCES FOR STUDENTS AND LEARNING INCLUDING SCHOLARSHIPS AND PROGRAMS, FACULTY AND RESEARCH, CAMPUSES AND FACILITIES, AND UNIVERSITY AND COMMUNITY PROGRAMS. 199842970 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 0 0 1 0 0 1 1 1 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 71 8 1 241 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 44 44 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AK CA HI KY MD MI MN NJ NY UT MA OH NH OR SC WI WV X CHRISTOPHER P ZRALY 8489328020 335 GEORGE STREET NEW BRUNSWICK NJ 08901 AMY TOWERS DIRECTOR 1.00 X 0 0 0 ANN M STOCK DIRECTOR 1.00 X 0 0 0 ARTHUR CERTOSIMO DIRECTOR 1.00 X 0 0 0 ATIYA AFTAB DIRECTOR 1.00 X 0 0 0 BRUCE BINGHAM DIRECTOR 1.00 X 0 0 0 BRUCE P KERZIC DIRECTOR 1.00 X 0 0 0 C EDWARD CHAPLIN VICE CHAIR 1.00 X X 0 0 0 CAROLYNN L JOHNSON DIRECTOR 1.00 X 0 0 0 CHRISTIANA R FOGLIO DIRECTOR 1.00 X 0 0 0 DANIEL DIFILIPPO DIRECTOR 1.00 X 0 0 0 DANIEL REINHARDT VICE CHAIR 1.00 X X 0 0 0 DEBRA A HOLSTON O'NEAL EX-OFFICIO/DIRECTOR 1.00 X 0 0 0 DONALD LOMURRO DIRECTOR 1.00 X 0 0 0 DUNCAN L MACMILLAN SECRETARY 1.00 X X 0 0 0 ELIZABETH J MCNEILLY DIRECTOR 1.00 X 0 0 0 GARY M RODKIN DIRECTOR 1.00 X 0 0 0 GARY W CHROPUVKA DIRECTOR 1.00 X 0 0 0 J MICHAEL GOWER EX-OFFICIO/TREASURER 1.00 X X 0 0 0 JAMES BERG DIRECTOR 1.00 X 0 0 0 JEAN CAPPELLO DIRECTOR 1.00 X 0 0 0 JOHN A DICIURCIO DIRECTOR 1.00 X 0 0 0 JOHN SIVOLELLA DIRECTOR 1.00 X 0 0 0 JONATHAN HOLLOWAY EX-OFFICIO/DIRECTOR 1.00 X 0 0 0 KATE SWEENEY DIRECTOR 1.00 X 0 0 0 KIMBERLY A HOPELY EX-OFFICIO/PRESIDENT 1.00 X X 0 0 0 KIMBERLY BANKS MACKAY DIRECTOR 1.00 X 0 0 0 LAVINIA BOXILL EX-OFFICIO/DIRECTOR 1.00 X 0 0 0 LISA DOLLY DIRECTOR 1.00 X 0 0 0 MARGARET T DERRICK DIRECTOR 1.00 X 0 0 0 MARK ANGELSON EX-OFFICIO/DIRECTOR 1.00 X 0 0 0 MARK P HERSHHORN DIRECTOR 1.00 X 0 0 0 MARY PAPAMARKOU DIRECTOR 1.00 X 0 0 0 MIA CHRISTINE PARK DIRECTOR 1.00 X 0 0 0 MICHAEL A MARGOLIS DIRECTOR 1.00 X 0 0 0 OMOTAYO OKUSANYA DIRECTOR 1.00 X 0 0 0 PATRICIA DEVITT RISSE DIRECTOR 1.00 X 0 0 0 PEGGY GUILIANO DIRECTOR 1.00 X 0 0 0 PETER TVERDOV DIRECTOR 1.00 X 0 0 0 PHILIP SCALO CHAIR 1.00 X X 0 0 0 REEMA PURI DIRECTOR 1.00 X 0 0 0 RICHARD STANZIONE DIRECTOR 1.00 X 0 0 0 ROBERT FALZON DIRECTOR 1.00 X 0 0 0 SCOTT E WHITE DIRECTOR 1.00 X 0 0 0 SEAN M PATTWELL DIRECTOR 1.00 X 0 0 0 SUBHA BARRY DIRECTOR 1.00 X 0 0 0 TILAK LAL EX-OFFICIO/DIRECTOR 1.00 X 0 0 0 CHRISTOPHER P ZRALY CFO & ASSOCIATE TREASURER 37.50 X 249303 0 22272 SUSAN CATANIA ASSISTANT SECRETARY 37.50 X 74102 0 8292 CHRISTOPHER NEEDLES VICE PRESIDENT 37.50 X 296430 0 37957 JOSHUA HARRAMAN VICE PRESIDENT 37.50 X 218563 0 18745 WILLIAM J GREEN VICE PRESIDENT 37.50 X 345527 0 74449 ASHAKI CHARLES ASSOC. VICE PRESIDENT 37.50 X 221042 0 32494 CARLY NORTHUP ASSOC. VICE PRESIDENT 37.50 X 185449 0 28243 DENISE P GAVALA SR. ASSOC. VICE PRESIDENT 37.50 X 210754 0 31055 JEREMY L SCARBROUGH ASSOC. VICE PRESIDENT 37.50 X 191607 0 28713 JILL BOND ASSOC. VICE PRESIDENT 37.50 X 178142 0 30802 2170919 0 313022 50 0 1 0 RUFFALO NOEL LEVITZ LLC 1025 KIRKWOOD PARKWAY SW CEDAR RAPIDS IA 52404 PHONE & MAIL FUNDRAISING/CONSULTING 1357834 COMMUNITY COUNSELLING SERVICES CO LLC 527 MADISON AVE 5TH FLOOR NEW YORK NY 10022 FUNDRAISING CONSULTING 200509 2 76750 172980071 9212112 173056821 GIFT ASSESSMENT FEES 900099 502913 502913 PROSPECT ENGAGEMENT 900099 77042 77042 579955 45598 45598 4551 0 4551 4551 4551 12652204 13007745 -355541 -355541 -355541 26907 76750 31224 -4317 -4317 276100 139338 136762 136762 ADMIN FEES & SUPPORT 900099 27894789 27894789 1133662 1133374 288 29028451 202492280 28474744 1133374 -172659 181303815 181303815 1423468 1423468 14582613 10844815 3737798 1265986 977234 288752 2950557 1436496 1514061 1311376 976182 335194 3621020 1740918 1880102 85913 24777 61136 125917 125917 1385011 1385011 50446 50446 1145307 858025 287282 196798 170335 26463 741749 328155 413594 1581517 265090 1224123 92304 99609 99609 196149 124698 71451 823637 110566 713071 134689 134689 DONOR & ALUMNI EVENTS 1114134 70388 1043746 PRINTING & PUBLICATIONS 671135 664399 6736 EQUIPMENT PURCHASES 413083 15396 397687 REPAIRS AND MAINTENANCE 245514 245514 233862 2069 231793 215703305 199842970 13339274 2521061 6718141 9985651 100376229 87694969 11333069 9669114 742189 585010 29120048 25225564 36312 28726 710882 428185 149036870 133617219 8008351 10123314 7796226 3781166 8997365 8311562 24801942 22216042 X 9701120 4649502 114533808 106751675 124234928 111401177 149036870 133617219 -13211025 377274 0 X 0 1 X 1 0 X 131206353 97963459 130613901 143737617 173056821 676578151 131206353 97963459 130613901 143737617 173056821 676578151 12282078 664296073 136447 303708 227913 63468 50149 781685 200947 227181 179746 5585 1105594 1719053 24459683 24622335 25949716 25129871 27895077 128056682 807135571 21559692 0.82300 0.82850 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: ADMIN FEE AND SUPPORT RUTGERS - 2017 AMOUNT: $ 24,458,586. 2018 AMOUNT: $ 24,621,481. 2019 AMOUNT: $ 25,949,716. 2020 AMOUNT: $ 25,129,871. 2021 AMOUNT: $ 27,894,789. OTHER INCOME - 2017 AMOUNT: $ 1,097. 2018 AMOUNT: $ 854. 2021 AMOUNT: $ 288. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2398674 -105538 17 21 2293098 2418918 46606 66037 813 2398674 2359486 66546 6260 854 2418918 2311554 93001 90548 135374 243 2359486 2318438 6793 13400 277 2311554 0.96000 0.04000 0.00000 0 0 0 ANNUITIES PAYABLE 7300903 OTHER LIABILITIES 1010659 8311562 207326935 377274 4337265 170562 4885101 202441834 50446 50446 202492280 220160686 4337265 170562 4507827 215652859 50446 50446 215703305 PART XI, LINE 2D - OTHER ADJUSTMENTS: EVENT AND GAMING EXPENSES RECORDED AS EXPENSES ON FINANCIAL STATEMENTS 170,562. PART XII, LINE 2D - OTHER ADJUSTMENTS: EVENT AND GAMING EXPENSES RECORDED AS EXPENSES ON FINANCIAL STATEMENTS 170,562. EUROPE (INCLUDING ICELAND & GREENLAND) 0 1 FUNDRAISING & ENGAGEMENT EVENTS DONOR VISITS & HOSTING OF ADVANCEMENT EVENTS 55430 0 1 0 0 0 1 55430 0 55430 0 0 0 0 0 0 PART III ACCOUNTING METHOD: X X X X X X 1 RUFFALO NOEL LEVITZ LLC 1025 KIRKWOOD PARKWAY SW CEDAR RAPIDS IA 52404 PHONE & MAIL FUNDRAISING/CONSULTING 0 660024 1089912 -429888 THE DONLON AGENCY LLC 2870 PEACHTREE RD NW PMB 266 ATLANTA GA 30305 MAIL FUNDRAISING/CONSULTING 0 312575 98620 213955 TRUESENSE MARKETING 155 COMMERCE DRIVE FREEDOM PA 15042 MAIL FUNDRAISING/CONSULTING 0 178723 85956 92767 BLACKBAUD INC 65 FAIRCHILD ST CHARLESTON SC 29492 FUNDRAISING CONSULTING 0 0 35225 -35225 COMMUNITY COUNSELLING SERVICES CO LLC 527 MADISON AVE 5 FL NEW YORK NY 10022 FUNDRAISING CONSULTING 0 0 113750 -113750 CRESCENDO INTERACTIVE INC 110 CAMINO RUIZ CAMARILLO CA 93012 FUNDRAISING CONSULTING 0 0 6095 -6095 FREEWILL CO PO BOX 501051 INDIANAPOLIS IN 46250 FUNDRAISING CONSULTING 0 0 48810 -48810 PLUS DELTA PARTNERS 6965 EL CAMINO REAL STE 105-488 CARLSBAD CA 92009 FUNDRAISING TRAINING 0 0 5000 -5000 1151322 1483368 -332046 AL AK AR AZ CA CO CT DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY DC FRANK R. BURNS MEM GOLF TOURNAMENT 34395 28375 6020 7340 2565 DISTINGUISHED ALUMNI AWARDS EVENT 25252 22155 3097 600 10290 3 44010 26220 17790 9959 470 103657 76750 26907 600 27589 3035 31224 -4317 276100 137098 2240 1 0.50000 276100 137098 2240 139338 136762 NJ 1 0 1 0 0.00000 1.00000 CHRISTOPHER P ZRALY 335 GEORGE STREET NEW BRUNSWICK NJ 08901 0 CHRISTOPHER P ZRALY 0 N/A X 0 1 RUTGERS UNIVERSITY 33 KNIGHTSBRIDGE RD PISCATAWAY NJ 08854 226001086 170(B)(1)(A)(II) 181244400 0 EDUCATION-RELATED/ ATHLETICS DOUGLASS ASSOCIATE ALUMNAE 191 RYDERS LANE NEW BRUNSWICK NJ 08901 221607270 509(A)(2) 9415 0 SUPPORT ASSOCIATIONS PROGRAMS RUTGERS HILLEL CORPORATION 70 COLLEGE AVENUE NEW BRUNSWICK NJ 08901 260177367 170(B)(1)(A)(VI) 50000 0 STUDENT AID 3 PART I, LINE 2: THE FOUNDATION MAINTAINS TRANSFER RECORDS FOR ALL GIFTS RAISED FOR THE UNIVERSITY AND THE UNIVERSITY MONITORS THE EXPENDITURES OF THOSE FUNDS, ALSO THE FOUNDATION PROVIDES STEWARDSHIP REPORTS TO DONORS REGARDING USAGE OF FUNDS. X X X X X X 0 0 0 0 0 0 0 0 0 WILLIAM J GREEN VICE PRESIDENT 344717 0 0 0 810 0 28964 0 45485 0 419976 0 0 0 CHRISTOPHER NEEDLES VICE PRESIDENT 292866 0 0 0 3564 0 23806 0 14151 0 334387 0 0 0 CHRISTOPHER P ZRALY CFO & ASSOCIATE TREASURER 246981 0 0 0 2322 0 19838 0 2434 0 271575 0 0 0 ASHAKI CHARLES ASSOC. VICE PRESIDENT 220502 0 0 0 540 0 18105 0 14389 0 253536 0 0 0 DENISE P GAVALA SR. ASSOC. VICE PRESIDENT 208432 0 0 0 2322 0 17104 0 13951 0 241809 0 0 0 JOSHUA HARRAMAN VICE PRESIDENT 218023 0 0 0 540 0 17458 0 1287 0 237308 0 0 0 JEREMY L SCARBROUGH ASSOC. VICE PRESIDENT 190797 0 0 0 810 0 15624 0 13089 0 220320 0 0 0 CARLY NORTHUP ASSOC. VICE PRESIDENT 184909 0 0 0 540 0 15154 0 13089 0 213692 0 0 0 JILL BOND ASSOC. VICE PRESIDENT 175820 0 0 0 2322 0 14670 0 16132 0 208944 0 0 0 X 300 9212112 FMV 0 1 1 PART I, COLUMN (B): AMOUNTS IN COLUMN B REPRESENT THE NUMBER OF DONORS. PART I, LINE 32B: FOR CERTAIN NON CASH GIFTS WHERE THERE IS A LIMITED MARKET THE FOUNDATION WILL SECURE A FIRM TO SELL THE DONATED ITEMS AT AUCTION. IN FISCAL YEAR 2022, A FIRM WAS HIRED TO SELL A PORTION OF A DOLL COLLECTION. PART I, LINE 33: THE RUTGERS FOUNDATION HAS RECORDED ONLY THE NON CASH GIFTS RECEIVED DIRECTLY AT THE FOUNDATION, OR NON CASH GIFTS RECEIVED AT THE UNIVERSITY WHERE THE FOUNDATION SIGNS FORM 8283. FORM 990, PART I, LINE 5 PART I LINE 5 INDICATES THE RUTGERS UNIVERSITY FOUNDATION EMPLOYED 241 INDIVIDUALS DURING CALENDAR YEAR 2021. THE FOUNDATION EMPLOYS APPROXIMATELY 210 FULL-TIME PROFESSIONAL FUNDRAISING STAFF MEMBERS. THE BALANCE ARE PRIMARILY PART TIME EMPLOYEES. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM BASED ON INFORMATION PROVIDED BY THE FOUNDATION'S STAFF. DRAFT RETURN IS REVIEWED BY THE CFO AND THEN PRESENTED TO THE AUDIT AND RISK MANAGEMENT COMMITTEE FOR THEIR REVIEW AND APPROVAL ON BEHALF OF THE FULL BOARD. THE FULL BOARD OF DIRECTORS IS PROVIDED A COPY OF THE APPROVED FORM 990 FOR THEIR REVIEW PRIOR TO SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C THE AUDIT AND RISK MANAGEMENT COMMITTEE CHAIR REVIEWS ALL RELATED PARTY TRANSACTION DISCLOSURE FORMS NOT LESS THAN ANNUALLY. IN THE EVENT THAT A BOARD MEMBER'S OR STAFF MEMBER'S STATUS CHANGES DURING THE YEAR THE AUDIT AND RISK MANAGEMENT COMMITTEE CHAIR WOULD REVIEW THE UPDATED CHANGE. ALL DISCLOSURE FORMS ARE AVAILABLE TO MEMBERS OF THE BOARD OF DIRECTORS UPON REQUEST. FORM 990, PART VI, SECTION B, LINE 15 THE FOUNDATION'S PRESIDENT REVIEWS ANY CHANGES IN COMPENSATION FOR THE SENIOR MANAGEMENT TEAM ON AN ANNUAL BASIS WITH THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS. THEY UTILIZE COMPARATIVE SALARY INFORMATION FOR OTHER ORGANIZATIONS TO CONSIDER THE REASONABLENESS OF THE COMPENSATION FOR EACH INDIVIDUAL. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST ONLY AT THIS TIME. FORM 990, PART VI, SECTION B, LINE 15: THE PRESIDENT OF THE RUTGERS UNIVERSITY FOUNDATION IS AN EMPLOYEE OF RUTGERS UNIVERSITY, WHICH IS CONSIDERED AN UNRELATED ORGANIZATION FOR TAX PURPOSES. THE UNIVERSITY DETERMINES THE PRESIDENT'S COMPENSATION. THE PRESIDENT DOES NOT RECIEVE ANY COMPENSAITON FOR WORK ON THE BOARD, AS SUCH THE SALARY IS NOT DISCLOSED ON THE 990. RUF NYC LLC 7 COLLEGE AVE NEW BRUNSWICK NJ 08901 822993760 LICENSE NJ 0 0 RUTGERS UNIVERSITY FOUNDATION