2020-06-25T13:45:05-05:00 2019-06-30 221430039 SOBEL & CO LLC CPA'S 293 EISENHOWER PARKWAY LIVINGSTON NJ 070391711 990 2018-07-01 222448189 THE COLLEGE OF NEW JERSEY FOUNDATION INC COLL 6097712203 PO BOX 7718 EWING NJ 086280718 JOHN DONOHUE EXECUTIVE DIRECTOR 6097712203 2020-06-25 1 BRIDGET HARTNETT P01429163 9739949494 2020-06-25 108.53.219.122 2020-06-25 08:02:13 ED P 48B8532C5242268A824BB2C526C5715791C3888F 6BD20AB4D344144F1AE6AC6D245966CECCA8C4F8 2018 2021-01-29 14:40:06Z JOHN DONOHUE PO BOX 7718 EWING NJ 086280718 28855588 0 X WWW.TCNJ.EDU X 1971 NJ TO FUND PROGRAMS THAT SUPPORT THE OVERALL MISSION OF THE COLLEGE OF NEW JERSEY. 22 22 0 23 0 0 6239642 9315611 0 0 785017 3653297 0 0 7024659 12968908 4515811 4797011 0 0 0 0 0 0 313811 1641608 1525786 6157419 6322797 867240 6646111 41482508 47485784 5179581 5052890 36302927 42432894 TO FUND PROGRAMS THAT SUPPORT THE OVERALL MISSION OF THE COLLEGE OF NEW JERSEY. 0 0 4797011 4797011 SUPPORT PROGRAM: THE OBJECTIVE OF THIS PROGRAM IS TO OBTAIN PRIVATE FUNDING TO ENHANCE THE EDUCATIONAL GOALS OF THE COLLEGE OF NEW JERSEY THROUGH A NUMBER OF SCHOLARSHIPS AND AWARDS. THESE EXPENSES INCLUDE $3,387,586 OF SUPPORT TO THE COLLEGE OF NEW JERSEY AND $1,409,425 OF SCHOLARSHIPS AND OTHER ASSISTANCE TO STUDENTS. 397620 THE CHARITABLE GIFT ANNUITY PROGRAM CONSISTS OF ASSETS DONATED BY INDIVIDUALS WHO SIGN AN ANNUITY AGREEMENT WITH THE FOUNDATION. THE FOUNDATION MAKES STIPULATED REGULAR PAYMENTS UNTIL AN AGREED UPON TIME. 5194631 1 1 0 0 0 0 0 0 0 1 0 1 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 31 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 22 22 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 AK AZ CA CO KY ME MD MA MI MN MO NJ NY OH OK OR SC UT WA WV X X DANA VAN NOSTRAND 6097713303 PO BOX 7717 EWING NJ 086280718 X JOHN DONOHUE EXECUTIVE DIRECTOR 13.00 X X 118552 0 21690 LLOYD RICKETTS ASSISTANT TREASURER 1.00 X X 0 0 0 KIMBERLY BRANDLEY VICE CHAIR 1.00 X X 0 0 0 ALLAN SILK CHAIR 1.00 X X 0 0 0 JAMES THORESEN TREASURER 1.00 X X 0 0 0 KATHRYN FOSTER DIRECTOR 1.00 X 0 0 0 JAMES GATER DIRECTOR 1.00 X 0 0 0 CARL GIBBS DIRECTOR 1.00 X 0 0 0 ELEANOR HORNE DIRECTOR 1.00 X 0 0 0 TIMOTHY JACOUTOT DIRECTOR 1.00 X 0 0 0 RANDY LUMIA DIRECTOR 1.00 X 0 0 0 THERESA MARTINAC DIRECTOR 1.00 X 0 0 0 CRAIG MORGENSTERN DIRECTOR 1.00 X 0 0 0 MICHAEL MOVSOVICH DIRECTOR 1.00 X 0 0 0 BARBARA PELSON DIRECTOR 1.00 X 0 0 0 ANDY POLANSKY DIRECTOR 1.00 X 0 0 0 ELAINE ROCHA DIRECTOR 1.00 X 0 0 0 SHAWN ROGERS DIRECTOR 1.00 X 0 0 0 S MONET SIFFORD-WILSON DIRECTOR 1.00 X 0 0 0 PETER SIMONS DIRECTOR 1.00 X 0 0 0 SPIRO SPIREAS DIRECTOR 1.00 X 0 0 0 MELVIN SYKES DIRECTOR 1.00 X 0 0 0 GLORIA WEISSBART DIRECTOR 1.00 X 0 0 0 118552 0 21690 1 0 0 1 0 9315611 1926569 9315611 1005799 1005799 18534178 15886680 2647498 2647498 2647498 12968908 0 0 3653297 3387586 3387586 1409425 1409425 10399 10399 60350 60350 211388 211388 268951 61014 207937 25232 25232 12446 12446 13698 13698 9659 9659 8250 8250 PAYMENTS TO ANNUITANTS 397620 397620 PROFESSIONAL DEVELOPMEN 200000 200000 DONOR CULTIVATION 105262 105262 ATHLETIC SUPPORT 89226 89226 113305 112693 612 6322797 5194631 814355 313811 1712361 1243924 1852213 2939148 162462 27621 1398 6209 32719038 37987068 5035036 5281814 41482508 47485784 633524 567748 1607913 1681990 2938144 2803152 5179581 5052890 X 2989057 3290307 17711104 19951912 15602766 19190675 36302927 42432894 41482508 47485784 X 6646111 -913764 397620 X X 0 1 X 1 0 X 5552822 6100649 6892349 6239642 9315611 34101073 5552822 6100649 6892349 6239642 9315611 34101073 3630920 30470153 806724 848739 716634 744316 1005799 4122212 38223285 0.79720 0.80920 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 26788386 4455993 2424984 618520 593176 199711 32257956 24012763 2032194 2503939 248583 1297276 214651 26788386 23117923 2385770 2509055 169522 3668902 161561 24012763 23862477 986651 84763 173603 1467199 175166 23117923 24516744 897926 875737 175586 2067707 184637 23862477 0.08000 0.62000 0.30000 1 0 0 PRIVATE EQUITY 683026 F HEDGE FUNDS 2888716 F REAL ESTATE INCOME TRUSTS 1020558 F COMMON TRUST FUNDS 689514 F 5281814 ANNUITIES PAYABLE 2803152 2803152 X 11843756 -913764 -211388 -1125152 12968908 0 12968908 5713789 0 5713789 609008 609008 6322797 PART V, LINE 4: THE ENDOWMENT IS USED FOR THE SOLE BENEFIT OF THE COLLEGE OF NEW JERSEY TO PROVIDE STUDENT SCHOLARSHIPS, LEARNING OPPORTUNITIES, PROGRAM ENHANCEMENTS, AND MORE. PART X, LINE 2: FIN48 IS NOT APPLICABLE. THE FOUNDATION'S FINANCIAL STATEMENTS ARE ON A GASB BASIS. PART XI, LINE 2D - OTHER ADJUSTMENTS: INVESTMENT MANAGEMENT FEES -211,388. PART XII, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT MANAGEMENT FEES 211,388. PAYMENTS TO ANNUITANTS 397,620. 1 THE COLLEGE OF NEW JERSEY 2000 PENNINGTON ROAD EWING NJ 08628 222797398 501(C)(3) 3387586 EDUCATIONAL 1 SCHOLARSHIPS AND AWARDS 699 1409425 PART I, LINE 2: FUNDS PAID AS GRANTS OR OTHER ASSISTANCE PROVIDED TO INDIVIDUALS ARE APPLIED DIRECTLY TO STUDENT FINANCIAL AID ACCOUNTS AT THE COLLEGE OF NEW JERSEY FOR STUDENTS WHO MEET ELIGIBILITY REQUIREMENTS AS DETERMINED BY FAFSA, AND ARE USED TO OFFSET THE COST OF ATTENDANCE AT THE COLLEGE AND IN ACCORDANCE WITH DONOR CRITERIA. FUNDS PAID AS GRANTS AND OTHER ASSISTANCE PROVIDED TO ORGANIZATIONS ARE ONLY PROVIDED TO THE COLLEGE OF NEW JERSEY, A GOVERNMENTAL ENTITY AS DEFINED IN IRC SECTION 170(C)(1). 0 0 0 0 0 0 0 0 0 OTHER: JOHN DONOHUE IS AN EMPLOYEE OF THE COLLEGE OF NEW JERSEY, AN UNRELATED ORGANIZATION. AS THE COLLEGE'S VICE PRESIDENT FOR COLLEGE ADVANCEMENT, MR. DONOHUE ALSO ACTS IN AN EXECUTIVE DIRECTOR CAPACITY FOR THE COLLEGE OF NEW JERSEY FOUNDATION. AS PER FORM 990, PART V, QUESTION 2 AND PART IX, LINES 5 THROUGH 10, THE FOUNDATION DOES NOT HAVE AN EMPLOYEES. MR. DONOHUE ESTIMATES APPROXIMATELY ONE-THIRD OF HIS TIME IS SPENT WORKING WITH THE FOUNDATION. X 9 1917839 FMV AT SALE X SONY DATA ACQUISITION DEVICE FOR SCHOOL OF ENGINEERING 1 7500 DONOR VALUATION X MISCELLANEOUS 3 1230 DONOR VALUATION 0 1 0 PART I, COLUMN (B): COLUMN B REPRESENTS THE NUMBER OF CONTRIBUTORS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT CPA FIRM WHICH IS THEN REVIEWED BY THE FINANCE DEPARTMENT AT THE COLLEGE OF NEW JERSEY. THE FINAL DRAFT FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE FOUNDATION HAS A WELL ESTABLISHED CODE OF ETHICS/CONFLICT OF INTEREST POLICY. ALL OF ITS DIRECTORS ARE REQUIRED TO REVIEW THE POLICY ANNUALLY AND COMPLETE A NOTIFICATION OF COMPLIANCE FORM. ANY DISCLOSED POTENTIAL CONFLICTS ARE REVIEWED BY THE FOUNDATION'S MANAGEMENT AND ESCALATED AS APPROPRIATE. ANY DIRECTORS WITH A CONFLICT IN A MATTER REQUIRING ACTION BY THE BOARD ARE PROHIBITED FROM PATICIPATING IN THE BOARD'S DELIBERATIONS OR DECISIONS REGARDING THE MATTER UNDER CONSIDERATION. FORM 990, PART VI, SECTION C, LINE 18 THE FOUNDATION MAKES ITS FORM 1023 AND FORM 990 AVAILABLE UPON REQUEST. THE FORM 990 IS AVAILABLE TO THE PUBLIC VIA THE COLLEGE OF NEW JERSEY WEBSITE. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE PUBLIC UPON REQUEST. THE AUDITED FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC VIA THE COLLEGE OF NEW JERSEY WEBSITE. FORM 990, PART XI, LINE 9: PAYMENTS TO ANNUITANTS 397,620. FORM 990, PART XII, LINE 2C: THE OVERSIGHT PROCESS HAS NOT CHANGED FORM THE PRIOR YEAR.