2019-05-14T08:04:13-05:00 2018-06-30 221478099 COHNREZNICK LLP 4 BECKER FARM ROAD ROSELAND NJ 07068 990 2017-07-01 237318742 RUTGERS UNIVERSITY FOUNDATION RUTG 8489328020 335 GEORGE STREET NEW BRUNSWICK NJ 08901 CHRISTOPHER P ZRALY CFO 7329322076 2019-05-13 1 LORI ROTHE YOKOBOSKY CPA P01273422 9732283500 2019-05-08 209.59.242.22 2019-05-13 09:33:49 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 A999648B7C0F94429496C189B46642AFC33E1A30 2017 2020-01-14 16:20:31Z CHRISTOPHER P ZRALY 120 ALBANY STREET SUITE 201 NEW BRUNSWICK NJ 08901 173259807 0 X WWW.SUPPORT.RUTGERS.EDU X 1973 NJ TO SUPPORT RUTGERS, THE STATE UNIVERSITY, AND HELP IT (CONTINUED ON SCHEDULE O) ATTAIN EXCELLENCE IN EDUCATION, RESEARCH AND PUBLIC SERVICE BY BUILDING RELATIONSHIPS WITH SUPPORTERS TO RAISE MONEY FOR RUTGERS. 55 55 238 89 6203 43780 127572245 131206353 5058403 4214177 493192 189021 24607533 24673838 157731373 160283389 114647856 116915898 0 0 14725725 16468132 1931662 2018745 3085195 10798201 10685110 142103444 146087885 15627929 14195504 124291655 140469727 9894888 17247331 114396767 123222396 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 131687267 116915898 28673860 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. 131687267 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 1 0 0 1 0 0 0 0 1 62 5 1 238 1 1 1 0 0 0 0 1 1 0 0 0 0 X 55 55 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 X CHRISTOPHER P ZRALY 8489328020 335 GEORGE STREET NEW BRUNSWICK NJ 08901 ALAN M CROSTA JR OVERSEER 1.00 X 0 0 0 AMY TOWERS OVERSEER 1.00 X 0 0 0 ARTHUR CERTOSIMO CHAIR 1.00 X X 0 0 0 ATIYA AFTAB OVERSEER 1.00 X 0 0 0 BENJAMIN S WOLFE OVERSEER 1.00 X 0 0 0 BEVERLY AISENBREY OVERSEER 1.00 X 0 0 0 BRIAN D PERKINS OVERSEER 1.00 X 0 0 0 BRUCE BINGHAM OVERSEER 1.00 X 0 0 0 BRUCE P KERZIC OVERSEER 1.00 X 0 0 0 CHARLES CHANG OVERSEER 1.00 X 0 0 0 CHRISTIANA R FOGLIO-PALMER OVERSEER 1.00 X 0 0 0 CHUCK CHAPLIN OVERSEER 1.00 X 0 0 0 DANIEL DIFILIPPO OVERSEER 1.00 X 0 0 0 DANIEL REINHARDT OVERSEER 1.00 X 0 0 0 DORIAN J WILSON OVERSEER 1.00 X 0 0 0 DUNCAN L MACMILLAN SECRETARY 1.00 X X 0 0 0 ELIZABETH J MCNEILLY OVERSEER 1.00 X 0 0 0 GARY M RODKIN VICE CHAIR 1.00 X X 0 0 0 HARRIETT DRUSKIN OVERSEER 1.00 X 0 0 0 J MICHAEL GOWER TREASURER 1.00 X X 0 0 0 JAMES DOUGHERTY OVERSEER 1.00 X 0 0 0 JAMES MAIDA OVERSEER 1.00 X 0 0 0 JOSEPH H LEMPKIN EX-OFFICIO/OVERSEER 1.00 X 0 0 0 JOSEPH MORONEY OVERSEER 1.00 X 0 0 0 KEITH BANKS OUTGOING OVERSEER 1.00 X 0 0 0 KENNETH D LAWRENCE OVERSEER 1.00 X 0 0 0 KEVIN D MCGRATH OVERSEER 1.00 X 0 0 0 LOUISE PERRIN OVERSEER 1.00 X 0 0 0 LUCAS J VISCONTI OVERSEER 1.00 X 0 0 0 MARK P HERSHHORN OVERSEER 1.00 X 0 0 0 MARLENE A BRANDT OVERSEER 1.00 X 0 0 0 MARY PAPAMARKOU OVERSEER 1.00 X 0 0 0 MIA CHRISTINE PARK OVERSEER 1.00 X 0 0 0 MICHAEL N GOODKIND OVERSEER 1.00 X 0 0 0 PAUL PROFETA OVERSEER 1.00 X 0 0 0 PETER D CHERASIA OVERSEER 1.00 X 0 0 0 PETER W GIBSON OVERSEER 1.00 X 0 0 0 PHILIP SCALO VICE CHAIR 1.00 X X 0 0 0 ROBERT E MORTENSEN OVERSEER 1.00 X 0 0 0 ROBERT FALZON OVERSEER 1.00 X 0 0 0 ROBERT L BARCHI EX-OFFICIO/OVERSEER 1.00 X 0 0 0 RONALD D WILSON OVERSEER 1.00 X 0 0 0 RONALD GARUTTI OVERSEER 1.00 X 0 0 0 SANDY J STEWART EX-OFFICIO/OVERSEER 1.00 X 0 0 0 SCOTT E WHITE OVERSEER 1.00 X 0 0 0 SHARON E KARMAZIN OVERSEER 1.00 X 0 0 0 STEVEN B BOEHM OVERSEER 1.00 X 0 0 0 STEVEN H TEMARES OVERSEER 1.00 X 0 0 0 STEVEN M DARIEN OVERSEER 1.00 X 0 0 0 SUBHA BARRY OVERSEER 1.00 X 0 0 0 SUSAN REALE OVERSEER 1.00 X 0 0 0 TERRY S BIENSTOCK OVERSEER 1.00 X 0 0 0 TIMOTHY L WHITESIDE OVERSEER 1.00 X 0 0 0 VAUGHN L MCKOY OVERSEER 1.00 X 0 0 0 WENDY CAI-LEE OVERSEER 1.00 X 0 0 0 WILLIAM E BEST EX-OFFICIO/OVERSEER 1.00 X 0 0 0 CHRISTOPHER P ZRALY ASSOCIATE TREASURER 37.50 X 203702 0 18895 NEVIN E KESSLER PRESIDENT 37.50 X 0 0 0 SUSAN CATANIA ASSISTANT SECRETARY 37.50 X 70976 0 9400 CHRISTOPHER NEEDLES VICE PRESIDENT 37.50 X 249377 0 36941 JULIE D CUMMINGS VICE PRESIDENT 37.50 X 202991 0 20132 WILLIAM J GREEN VICE PRESIDENT 37.50 X 263695 0 57941 DENISE GAVALA ASSOC. VICE PRESIDENT 37.50 X 198448 0 29359 HERBERT S MASLOFF ASSOC. VICE PRESIDENT 37.50 X 171494 0 45276 MICHAEL J MARION ASSOCIATE VICE PRESIDENT 37.50 X 153208 0 51607 TIMOTHY FRANCE ASSOC. VICE PRESIDENT 37.50 X 171865 0 55572 TIMOTHY GALE DIRECTOR OF DEVELOPMENT 37.50 X 160967 0 26421 1846723 0 351544 33 0 1 0 RUFFALO NOEL LEVITZ PO BOX 718 DES MOINES IA 503030718 CHAR. SOLIC. & FNDRSNG 1942754 UPRISING TECHNOLOGY INC PO BOX A3594 CHICAGO IL 60690 INFORMATION TECHNOLOGY CONSULTING 155439 2 193536 131012817 13772697 131206353 GIFT ASSESSMENT FEES 900099 3908841 3908841 PROSPECT ENGAGEMENT 900099 305336 305336 4214177 129442 -7005 136447 12838274 12778695 59579 59579 59579 96486 193536 57247 39239 39239 302184 140476 161708 161708 ADMIN FEES & SUPPORT 900099 24458586 24458586 OTHER INCOME 900099 14305 1097 13208 24472891 160283389 28673860 6203 396973 116915898 116915898 1187501 1187501 11039684 8174797 2864887 965790 747664 218126 2194680 1158849 1035831 1080477 788693 291784 3308912 1355477 1953435 29885 29885 113413 113413 2018745 2018745 60630 60630 829544 551798 277746 168099 153123 14976 889898 464452 425446 1083197 139250 943947 931012 1785 929227 496050 377684 118366 195305 139144 56161 130654 130654 DONOR & ALUMNI EVENTS 1167554 101104 1066450 PRINTING & PUBLICATIONS 721911 706409 15502 EQUIPMENT PURCHASES 301925 7108 294817 REPAIRS AND MAINTENANCE 248568 248568 8553 5136 3417 146087885 131687267 11315423 3085195 29071082 18428516 74521843 90345275 4215094 5585304 674480 786106 14332761 23760076 765292 682513 711103 881937 124291655 140469727 2738820 4327701 15000 392986 7141068 12526644 9894888 17247331 X 6329198 6524850 101489985 110258984 6577584 6438562 114396767 123222396 124291655 140469727 X 14195504 -20419 -5349456 X X 0 1 X 1 0 X 106300383 113846286 109791010 127572245 131206353 588716277 106300383 113846286 109791010 127572245 131206353 588716277 3064374 585651903 791142 646228 466275 398011 136447 2438103 16442 6203 22645 14735637 14952196 15077270 24835503 24858353 94458959 685635984 24999888 0.85420 0.85000 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: ADMIN FEE AND SUPPORT RUTGERS - 2013 AMOUNT: $ 14,086,514. 2014 AMOUNT: $ 14,560,472. 2015 AMOUNT: $ 14,575,886. 2016 AMOUNT: $ 24,386,916. 2017 AMOUNT: $ 24,458,586. OTHER INCOME - 2013 AMOUNT: $ 21,048. 2014 AMOUNT: $ 6,575. 2015 AMOUNT: $ 71. 2016 AMOUNT: $ 3,253. 2017 AMOUNT: $ 1,097. FUNDRAISING GAMING - 2013 AMOUNT: $ 628,075. 2014 AMOUNT: $ 385,149. 2015 AMOUNT: $ 501,313. 2016 AMOUNT: $ 445,334. 2017 AMOUNT: $ 398,670. 2318438 6793 13400 0 277 2311554 2303535 31624 16463 0 258 2318438 9191120 18481 17400 6888400 266 2303535 12660475 48304 17400 3500000 259 9191120 17077147 127484 17400 4500000 26756 12660475 0.91300 0.08700 0.00000 0 0 0 ANNUITIES PAYABLE 8120654 OTHER LIABILITIES 524471 DEFERRED INFLOWS OF RESOURCES 3881519 12526644 162419359 -20419 2008148 1987729 160431630 49482 -197723 -148241 160283389 148244274 2008148 197723 2205871 146038403 49482 49482 146087885 PART XI, LINE 4B - OTHER ADJUSTMENTS: EVENT AND GAMING EXPENSES RECORDED AS EXPENSES ON FINANCIAL STATEMENTS -197,723. PART XII, LINE 2D - OTHER ADJUSTMENTS: EVENT AND GAMING EXPENSES RECORDED AS EXPENSES ON FINANCIAL STATEMENTS 197,723. EAST ASIA AND THE PACIFIC 0 0 FUNDRAISING AND ENGAGEMENT EVENTS 105582 0 0 0 0 0 0 105582 0 105582 0 0 0 0 0 0 SCHEDULE F, PART I, LINE 3: THE RUTGERS UNIVERSITY FOUNDATION HAS ESTABLISHED AN INTERNATIONAL FUNDRAISING BUDGET TO ENGAGE ALUMNI AND HOLD EVENTS TO INCREASE FUNDRAISING IN ASIA. DURING FISCAL YEAR 2018, $105,582 WAS EXPENDED FOR THESE PURPOSES. X X X X X X 1 RUFFALO NOEL LEVITZ PO BOX 718 DES MOINES IA 503030718 MAIL FUNDRAISING CONSULTING 0 820156 1291038 -470882 THE DONLON AGENCY LLC 1175 PEACHTREE STREET 10TH FLOOR ATLANTA GA 30361 MAIL FUNDRAISING/CONSULTING 0 451334 192786 258548 CCL BRANDING 300 S LIBERTY STREET SUITE 100 WINSTONSALEM NC 27101 FUNDRAISING CONSULTING 0 0 14040 -14040 OLOGIE LLC 447 EAST MAIN STREET COLUMBUS OH 43215 FUNDRAISING CONSULTING 0 0 229120 -229120 BLACKBAUD INC 2000 DANIEL ISLAND DR CHARLESTON SC 29462 FUNDRAISING CONSULTING 0 0 43799 -43799 DEGREES OF CONNECTION LLC 4308 LAKE HILL DRIVE CANANDAIGUA NY 14424 FUNDRAISING CONSULTING 0 0 9311 -9311 SHAUN KEISTER 419 ROOS STREET DAVIS CA 95618 FUNDRAISING CONSULTING 0 0 14560 -14560 GRENZEBACH GLIER AND ASSOCIATES 401 N MICHIGAN AVE SUITE 2800 CHICAGO IL 60611 FUNDRAISING CONSULTING 0 0 41597 -41597 1271490 1836251 -564761 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 VARSITY R LETTERWINNERS 53175 17885 35290 4651 WALTER AND LEAH RAND AWARDS AND SCH 39600 9627 29973 6 197247 166024 31223 753 10675 17 41151 290022 193536 96486 5404 10675 17 41151 57247 39239 302184 137854 2622 1 0.75000 302184 137854 2622 140476 161708 NJ 1 0 0 0 1.00000 CHRISTOPHER P ZRALY 335 GEORGE STREET NEW BRUNSWICK NJ 08901 0 CHRISTOPHER P ZRALY N/A X 0 SCHEDULE G, PART I: THE FOUNDATION WAS REIMBURSED BY RUTGERS UNIVERSITY FOR A PORTION OF THE COSTS OF THE DONLON AGENCY LLC, THEREFORE THE AMOUNT SHOWN ON FORM 990 PART IX LINE 11E DOEST NOT MATCH THE TOTAL AMOUNT PAID ON SCHEDULE G, PART I. 1 RUTGERS UNIVERSITY 33 KNIGHTSBRIDGE RD PISCATAWAY NJ 08854 226001086 170(B)(1)(A)(II) 116915898 EDUCATION-RELATED/ ATHLETICS 1 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 1 1 X X X X 0 0 0 0 0 0 0 0 0 CHRISTOPHER P ZRALY ASSOCIATE TREASURER 202460 0 0 0 1242 0 16277 0 2618 0 222597 0 0 0 CHRISTOPHER NEEDLES VICE PRESIDENT 247055 0 0 0 2322 0 20225 0 16716 0 286318 0 0 0 JULIE D CUMMINGS VICE PRESIDENT 199427 0 0 0 3564 0 16178 0 3954 0 223123 0 0 0 WILLIAM J GREEN VICE PRESIDENT 263238 0 0 0 457 0 18732 0 39209 0 321636 0 0 0 DENISE GAVALA ASSOC. VICE PRESIDENT 197206 0 0 0 1242 0 16054 0 13305 0 227807 0 0 0 HERBERT S MASLOFF ASSOC. VICE PRESIDENT 169172 0 0 0 2322 0 14157 0 31119 0 216770 0 0 0 MICHAEL J MARION ASSOCIATE VICE PRESIDENT 149644 0 0 0 3564 0 12757 0 38850 0 204815 0 0 0 TIMOTHY FRANCE ASSOC. VICE PRESIDENT 170623 0 0 0 1242 0 14480 0 41092 0 227437 0 0 0 TIMOTHY GALE DIRECTOR OF DEVELOPMENT 160481 0 0 0 486 0 13116 0 13305 0 187388 0 0 0 PART I, LINE 1A SIX OF THE EMPLOYEES HAD ANNUAL DUES PAID FOR THE RUTGERS CLUB - $25 PER PERSON. THESE ANNUAL DUES WERE PAID IN ORDER TO ENTERTAIN DONORS AND PROVIDE A SOCIAL MEETING PLACE FOR CONVERSATIONS WITH UNIVERSITY PERSONNEL. X 27 1898205 FMV - APPRAISAL X 136189 FMV X 7 VALUED AT $1 FOR FUNDRAI X 1 1 VALUED AT $1 FOR FUNDRAI X 438 10946393 FMV X 1 13511 FMV - APPRAISAL X 6 246003 FMV X OTHER 26 532388 FMV 2 0 1 1 PART I, COLUMN (B): AMOUNTS IN COLUMN B REPRESENT THE NUMBER OF CONTRIBUTORS. PART I, LINE 32B: FOR ANY NON CASH GIFTS THAT ARE DIFFICULT TO SELL IN AN OPEN MARKET, THIRD PARTY VENDORS MAY BE RETAINED TO LIQUIDATE NON CASH ITEMS VIA AUCTIONS (WORKS OF ART AND SPECIALIZED COLLECTIBLES FOR EXAMPLE). FORM 990, PART I, LINE 5 PART I LINE 5 INDICATES THE RUTGERS UNIVERSITY FOUNDATION EMPLOYED 238 INDIVIDUALS DURING CALENDAR YEAR 2017. THE FOUNDATION EMPLOYS APPROXIMATELY 204 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 OVERSEERS 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 OVERSEERS 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. 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, LINE 17, LIST OF STATES RECEIVING COPY OF FORM 990: OK, OR, SC, WV, WI, ME, NH FORM 990, PART XI, LINE 9: RESTATEMENT TO BEGINNING OF YEAR NET POSITION -5,349,456. FORM 990, PART XII, LINE 2C: THE RUTGERS UNIVERSITY FOUNDATION HAS AN AUDIT AND RISK MANAGEMENT COMMITTEE OF THE BOARD OF OVERSEERS. THIS COMMITTEE ADVISES THE FULL BOARD ON ALL AUDITING AND ACCOUNTING MATTERS, HAS OVERSIGHT OVER THE QUALITY AND INTEGRITY OF THE FOUNDATION'S ACCOUNTING, INTERNAL CONTROL AND FINANCIAL REPORTING PRACTICES. CONSISTENT WITH THIS PURPOSE, THE AUDIT AND RISK MANAGEMENT COMMITTEE PROPOSES TO THE BOARD THE APPOINTMENT OF THE EXTERNAL AUDITORS FOR THE ANNUAL EXAMINATION OF THE FOUNDATIONS YEAR-END FINANCIAL STATEMENTS AND OTHER AUDIT NEEDS AS NECESSARY. RUF NYC LLC 7 COLLEGE AVE NEW BRUNSWICK NJ 08901 822993760 LICENSE NJ 0 22890 RUTGERS UNIVERSITY FOUNDATION