KEAN UNIVERSITY FOUNDATION INC: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- KEAN UNIVERSITY FOUNDATION INC (EIN 22-2849480)
- Tax period
- 2012-07-01 to 2013-06-30
- Filed
- 2013-12-23
- IRS object ID
- 201333579349300643
- Schema version
- 2012v2.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule G
- Schedule I
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-12-23T15:44:39-06:00 | Timestamp |
| Tax Period End Date | 2013-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 200413744 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RA Eberle & Company LLC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1460 Morris Avenue Suite 3A | AddressLine1 |
| City | Union | City |
| State | NJ | State |
| ZIP Code | 070833313 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 222849480 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KEAN UNIVERSITY FOUNDATION INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | KEAN | NameControl |
| Phone | 9087373340 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1000 MORRIS AVENUE No T-130 | AddressLine1 |
| City | UNION | City |
| State | NJ | State |
| ZIP Code | 070830411 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | DIANE SCHWARTZ | Name |
| Title | ACTING PRESIDENT | Title |
| Phone | 9087373340 | Phone |
| Date Signed | 2013-12-05 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | RICHARD EBERLE | Name |
| PTIN | P00131086 | PTIN |
| Phone | 9086877820 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | DIANE SCHWARTZ | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1000 MORRIS AVENUE No T-130 | AddressLine1 |
| City | UNION | City |
| State | NJ | State |
| ZIP Code | 070830411 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 17955142 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.keanfoundation.org | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1984 | YearFormation |
| State Legal Domicile | NJ | StateLegalDomicile |
| Activity Or Mission Description | THE ORGANIZATION RAISES FUNDS TO SUPPORT KEAN UNIVERSITY | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 26 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 21 | NbrIndependentVotingMembers |
| Total Nbr Employees | 0 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | -86956 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -303916 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 2929128 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 2552381 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 1511660 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 1504189 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 344234 | InvestmentIncomePriorYear |
| Investment Income Current Year | 1612071 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | -301143 | OtherRevenuePriorYear |
| Other Revenue Current Year | 683203 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 4483879 | TotalRevenuePriorYear |
| Total Revenue Current Year | 6351844 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 1105394 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 894327 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 0 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 0 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 338387 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 2140256 | OtherExpensePriorYear |
| Other Expenses Current Year | 1841466 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 3245650 | TotalExpensesPriorYear |
| Total Expenses Current Year | 2735793 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 1238229 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 3616051 | RevenuesLessExpensesCY |
| Total Assets BOY | 50641657 | TotalAssetsBOY |
| Total Assets EOY | 53672730 | TotalAssetsEOY |
| Total Liabilities BOY | 24772640 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 24187661 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 25869017 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 29485069 | NetAssetsOrFundBalancesEOY |
| Mission Description | TO OBTAIN PRIVATE FUNDING TO ENHANCE THE CURRENT AND FUTURE EDUCATIONAL GOALS OF KEAN UNIVERSITY. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 894327 | Expense |
| Grants | 894327 | Grants |
| Description | SCHOLARSHIPS TO KEAN UNIVERSITY STUDENTS. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 587222 | Expense |
| Description | PROGRAMS INCURRED ON BEHALF OF KEAN UNIVERSITY. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 18441 | Expense |
| Description | GRANTS TO KEAN UNIVERSITY ALUMNI | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 1499990 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 1 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 0 | ScheduleJRequired |
| Tax Exempt Bonds | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBonds |
| Escrow Account | 0 | EscrowAccount |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 1 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 48 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 0 | NumberOfEmployees |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 26 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 21 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 1 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 0 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | NJ | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KEAN UNIVERSITY FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 9077373340 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1000 MORRIS AVENUE | AddressLine1 |
| City | UNION | City |
| State | NJ | State |
| ZIP Code | 07083 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | X | NoListedPersonsCompensated |
Form990 Part VII Section A Form990PartVIISectionA (26 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer |
|---|---|---|---|---|---|---|
| DARWOOD Y FARAHI | ||||||
| EX OFFICIO | 0.00 | X | 0 | 0 | 0 | |
| KEVIN ALTON | ||||||
| DIRECTOR | 0.00 | X | 0 | 0 | 0 | |
| CHRISTIAN J BAKER | ||||||
| DIRECTOR | 0.00 | X | 0 | 0 | 0 | |
| PATRICIA M BARKSDALE | ||||||
| DIRECTOR | 0.00 | X | 0 | 0 | 0 | |
| W JOHN BAUER | ||||||
| DIRECTOR | 0.00 | X | 0 | 0 | 0 | |
| MARIA E BORDAS | ||||||
| DIRECTOR | 0.00 | X | 0 | 0 | 0 | |
| ROBERT H BUSCH | ||||||
| DIRECTOR/SECRETARY | 0.00 | X | 0 | 0 | 0 | |
| WILLIAM J CARISTE | ||||||
| DIRECTOR | 0.00 | X | 0 | 0 | 0 | |
| EDWARD A ESPOSITO | ||||||
| EX OFFICIO | 0.00 | X | 0 | 0 | 0 | |
| JAMES K ESTABROOK | ||||||
| DIRECTOR | 0.00 | X | 0 | 0 | 0 | |
| STEVE FASTOOK | ||||||
| DIRECTOR/CHAIRMAN | 0.00 | X | 0 | 0 | 0 | |
| ANTHONY GIORDANO III | ||||||
| DIRECTOR | 0.00 | X | 0 | 0 | 0 | |
| KENNETH N GOLDMANN | ||||||
| DIRECTOR/TREAS/VICE CHAIR | 0.00 | X | 0 | 0 | 0 | |
| DOROTHY G HENNINGS | ||||||
| DIRECTOR | 0.00 | X | 0 | 0 | 0 | |
| GEORGE HENNINGS | ||||||
| DIRECTOR | 0.00 | X | 0 | 0 | 0 | |
| JAMES G HYNES | ||||||
| DIRECTOR | 0.00 | X | 0 | 0 | 0 | |
| SUSAN KOGAN | ||||||
| DIRECTOR | 0.00 | X | 0 | 0 | 0 | |
| ADA MORRELL | ||||||
| EX OFFICIO | 0.00 | X | 0 | 0 | 0 | |
| MARJORIE A PERRY | ||||||
| DIRECTOR | 0.00 | X | 0 | 0 | 0 | |
| BARBARA SOBEL | ||||||
| EX OFFICIO | 0.00 | X | 0 | 0 | 0 | |
| GAIL E FRASER | ||||||
| DIRECTOR EMERITUS | 0.00 | X | 0 | 0 | 0 | |
| LI-WOAN YANG | ||||||
| DIRECTOR EMERITUS | 0.00 | X | 0 | 0 | 0 | |
| ABRAHAM ZUCKERMAN | ||||||
| DIRECTOR EMERITUS | 0.00 | X | 0 | 0 | 0 | |
| DANIEL J CHARLESTON | ||||||
| DIRECTOR EMERITUS | 0.00 | X | 0 | 0 | 0 | |
| NANCY ANN SCHLEICHER | ||||||
| DIRECTOR EMERITUS | 0.00 | X | 0 | 0 | 0 | |
| DIANE SCHWARTZ | ||||||
| ACTING PRESIDENT | 40.00 | 0 | 0 | 0 | X | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 0 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 0 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (2 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| GOURMET DINING SERVICE LLC | |||||
| 285 MADISON AVE | MADISON | NJ | 07940 | FOOD SERVICES | 203150 |
| TAYLOR FINANCIAL GROUP LLC | |||||
| 851 FRANKLIN LAKES ROAD | FRANKLIN LAKES | NJ | 074171368 | INVESTMENT MANAGEMENT | 183781 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 2 | NumberOfContractorsGT100K |
| Fundraising Events | 192244 | FundraisingEvents |
| All Other Contributions | 2360137 | AllOtherContributions |
| Noncash Contributions | 49625 | NoncashContributions |
| Total Contributions | 2552381 | TotalContributions |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | OTHER INCOME | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 1504189 | TotalRevenueColumn |
| Related Or Exempt Function Income | 1504189 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 1504189 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 416720 | TotalRevenueColumn |
| Exclusion | $416,720 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 292809 | Real |
| Personal | 97603 | Personal |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 45285 | Real |
| Personal | 184559 | Personal |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 247524 | Real |
| Personal | -86956 | Personal |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 160568 | TotalRevenueColumn |
| Unrelated Business Revenue | -86956 | UnrelatedBusinessRevenue |
| Exclusion | $247,524 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 12142619 | Securities |
| Other | 134547 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 11081814 | Securities |
| Other | 1 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 1060805 | Securities |
| Other | 134546 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1195351 | TotalRevenueColumn |
| Exclusion | $1,195,351 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 291639 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 192244 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 291639 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | ExclusionExclusionAmount | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|---|
| UNREALIZED GAIN ON SECURITIES | 900099 | 582189 | $582,189 | |
| INCREASE IN CASH SURRENDER VALUE | 900099 | 5168 | 5168 | |
| CHANGE IN VALUE SPLIT INTEREST AG | 900099 | -64722 | -64722 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 522635 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 6351844 | TotalRevenueColumn |
| Related Or Exempt Function Income | 1444635 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | -86956 | UnrelatedBusinessRevenue |
| Exclusion | $2,441,784 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | X | InfoInScheduleOPartIX |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 894327 | Total |
| Program Services | 894327 | ProgramServices |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 252563 | Total |
| Management And General | 252563 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3190 | Total |
| Management And General | 3190 | ManagementAndGeneral |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 38362 | Total |
| Management And General | 37637 | ManagementAndGeneral |
| Fundraising | 725 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4710 | Total |
| Management And General | 190 | ManagementAndGeneral |
| Fundraising | 4520 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2539 | Total |
| Management And General | 2539 | ManagementAndGeneral |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 18441 | Total |
| Program Services | 18441 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 19667 | Total |
| Management And General | 19667 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 21343 | Total |
| Management And General | 21343 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| KEAN UNIVERSITY PROGRAM | 587222 | 587222 | ||
| REIMBURSED EXPENSES | 234564 | 234564 | ||
| GALA EXPENSES | 222305 | 222305 | ||
| MISCELLANEOUS | 114670 | 114670 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 321890 | Total |
| Management And General | 211053 | ManagementAndGeneral |
| Fundraising | 110837 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2735793 | Total |
| Program Services | 1499990 | ProgramServices |
| Management And General | 897416 | ManagementAndGeneral |
| Fundraising | 338387 | Fundraising |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Joint Costs | X | JointCosts |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12806801 | BOY |
| EOY | 7186039 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1121902 | BOY |
| EOY | 1182450 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 568419 | BOY |
| EOY | 568419 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 304894 | BOY |
| EOY | 343720 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 3288668 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 593795 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2944388 | BOY |
| EOY | 2694873 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15307849 | BOY |
| EOY | 16982989 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4969895 | BOY |
| EOY | 5561608 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12617509 | BOY |
| EOY | 19152632 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 50641657 | BOY |
| EOY | 53672730 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4293874 | BOY |
| EOY | 3526811 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 18258670 | BOY |
| EOY | 18280987 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2220096 | BOY |
| EOY | 2379863 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 24772640 | BOY |
| EOY | 24187661 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4421210 | BOY |
| EOY | 5612737 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8324822 | BOY |
| EOY | 10473101 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13122985 | BOY |
| EOY | 13399231 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 25869017 | BOY |
| EOY | 29485069 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 50641657 | BOY |
| EOY | 53672730 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 3616051 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 1 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Separate | X | FinancialStatementSeparate |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 1 | AuditCommittee |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 4661755 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 4610709 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 2523330 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 2929128 | CurrentTaxYearMinus1Year |
| Current Tax Year | 2552381 | CurrentTaxYear |
| Total | 17277303 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 4661755 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 4610709 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 2523330 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 2929128 | CurrentTaxYearMinus1Year |
| Current Tax Year | 2552381 | CurrentTaxYear |
| Total | 17277303 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | 17277303 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 299608 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 316421 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 481869 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 467079 | CurrentTaxYearMinus1Year |
| Current Tax Year | 416720 | CurrentTaxYear |
| Total | 1981697 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 19259000 | TotalSupport |
| Public Support Pertcentage170 | 0.89710 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.88370 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 13122985 | BeginningOfYearBalance |
| Contributions | 276246 | Contributions |
| End Of Year Balance | 13399231 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 12968594 | BeginningOfYearBalance |
| Contributions | 229416 | Contributions |
| Other Expenditures | 74900 | OtherExpenditures |
| Administrative Expenses | 125 | AdministrativeExpenses |
| End Of Year Balance | 13122985 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 10864955 | BeginningOfYearBalance |
| Contributions | 2103639 | Contributions |
| End Of Year Balance | 12968594 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 11152448 | BeginningOfYearBalance |
| Contributions | 762507 | Contributions |
| Other Expenditures | 1050000 | OtherExpenditures |
| End Of Year Balance | 10864955 | EndOfYearBalance |
Current Year Minus4 Years CurrentYearMinus4Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 10815408 | BeginningOfYearBalance |
| Contributions | 428812 | Contributions |
| Other Expenditures | 91772 | OtherExpenditures |
| End Of Year Balance | 11152448 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1867673 | OtherCostOrOtherBasis |
| Depreciation | 108861 | Depreciation |
| Book Value | 1758812 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 974293 | OtherCostOrOtherBasis |
| Depreciation | 279804 | Depreciation |
| Book Value | 694489 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 446702 | OtherCostOrOtherBasis |
| Depreciation | 205130 | Depreciation |
| Book Value | 241572 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 2694873 | TotalOfBookValueLandBuildings |
Closely Held Equity Interests CloselyHeldEquityInterests
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | 5561608 | BookValue |
| Method Of Valuation | C | MethodOfValuation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 5561608 | TotalOfBookValueSecurities |
Other Assets OtherAssets (4 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| SECURITIES HELD FOR GEAR UP SCHOLARSHIP FUND | 1373586 |
| CASH SURRENDER VALUE LIFE INSURANCE POLICY | 224469 |
| DEFERRED CHARGES, NET | 488075 |
| CONSTRUCTION IN PROGRESS - OCC | 17066502 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 19152632 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| ANNUITY PAYABLE LIABILITY | $1,006,277 |
| GEAR UP SCHOLARSHIP FUND-AGENCY ACCOUNT | $1,373,586 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 2379863 | TotalOfAmounts |
| Footnote In Part XIII | X | FootnoteInPartXIII |
| Tot Revenue Etc Audited Fincl Stmt | 6581689 | TotRevenueEtcAuditedFinclStmt |
| Revenue Not Rptd F990 | 0 | RevenueNotRptdF990 |
| Revenue Subtotal | 6581689 | RevenueSubtotal |
| Other Revenues Not Included | -229845 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | -229845 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 6351844 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 2965638 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 2965638 | ExpensesSubtotal |
| Other Expenses Not Included | -229845 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | -229845 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 2735793 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (4 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Description of Intended Use of Endowment Funds: | Part V, Line 4: | TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY THE ENDOWMENT WHILE SEEKING TO PRESERVE THE PURCHASING POWER OF ENDOWMENT ASSETS. |
| Description of Uncertain Tax Positions Under FIN 48: | Part X, Line 2: | THE FOUNDATION ACCOUNTS FOR INCOME TAXES IN ACCORDANCE WITH INCOME TAX ACCOUNTING GUIDANCE IN FASB ASC TOPIC 740, INCOME TAXES. THE FOUNDATION FOLLOWS THE STATUTORY REQUIREMENTS FOR ITS INCOME TAX ACCOUNTING AND GENERALLY AVOIDS RISKS ASSOCIATED WITH POTENTIALLY PROBLEMATIC TAX POSITIONS THAT MAY BE CHALLENGED UPON EXAMINATION. MANAGEMENT BELIEVES ANY LIABILITY RESULTING FROM TAXING AUTHORITIES IMPOSING ADDITIONAL INCOME TAXES FROM ACTIVITIES DEEMED TO BE UNRELATED TO THE FOUNDATION'S TAX-EXEMPT STATUS WOULD NOT HAVE A MATERIAL EFFECT ON THE FOUNDATION'S FINANCIAL STATEMENTS. THE FOUNDATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS, HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE FOUNDATION BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO JUNE 30, 2010 . |
| Part XI, Line 4b - Other Adjustments: | RENTAL DEPRECIATION EXPENSE -229,845. | |
| Part XII, Line 4b - Other Adjustments: | DEPRECIATION RECLASSIFIED AGAINST RENT -229,845. |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | GOLF OUTING | NameOfEvent1 |
| Gross Receipts Event1 | 142387 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 73053 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 69334 | GrossRevenueEvent1 |
| Other Direct Expenses Event1 | 69334 | OtherDirectExpensesEvent1 |
| Name Of Event2 | ANNUAL GALA | NameOfEvent2 |
| Gross Receipts Event2 | 341496 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 119191 | CharitableContributionsEvent2 |
| Gross Revenue Event2 | 222305 | GrossRevenueEvent2 |
| Other Direct Expenses Event2 | 222305 | OtherDirectExpensesEvent2 |
| Gross Receipts Total | 483883 | GrossReceiptsTotal |
| Charitable Contributions Total | 192244 | CharitableContributionsTotal |
| Gross Revenue Total Events | 291639 | GrossRevenueTotalEvents |
| Other Direct Expenses Total Events | 291639 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 291639 | DirectExpenseSummaryEvents |
| Net Income Summary | 0 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | SCHOLARSHIPS TO KEAN UNIVERSITY STUDENTS | TypeOfGrant |
| Number Of Recipients | 281 | NumberOfRecipients |
| Amount Of Cash Grant | 894327 | AmountOfCashGrant |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BERGEN COUNTY IMPROVEMENT AUTHORITY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 222295826 | IssuerEIN |
| CUSIP Number | 083778JD3 | CUSIPNumber |
| Date Issued | 2010-12-09 | DateIssued |
| Issue Price | 18161291 | IssuePrice |
| Description Of Purpose | CONSTRUCT ACADEMIC BUILDING | DescriptionOfPurpose |
| Defeased | 0 | Defeased |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Pool Financing | 0 | PoolFinancing |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Total Proceeds | 18161291 | TotalProceeds |
| Amount In Reserve Fund | 1293599 | AmountInReserveFund |
| Issuance Costs From Proceeds | 362986 | IssuanceCostsFromProceeds |
| Capital Expenditures | 14644996 | CapitalExpenditures |
| Other Spent Proceeds | 1859710 | OtherSpentProceeds |
| Current Refunding | 0 | CurrentRefunding |
| Advance Refunding | 0 | AdvanceRefunding |
| Final Allocation Made | 0 | FinalAllocationMade |
| Adequate Books And Recds Maintaind | 1 | AdequateBooksAndRecdsMaintaind |
Form990 Schedule K Part III Form990ScheduleKPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedProperty |
| Any Lease Arrangements | 0 | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | 0 | MngmentCntrctBondFinancdPrprty |
| Any Research Agreements | 0 | AnyResearchAgreements |
| Bond Iss Meet Prvt Security Pay Test | 0 | BondIssMeetPrvtSecurityPayTest |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedProp |
| Non Qualified Bond Remed Procdrs | 0 | NonQualifiedBondRemedProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | 0 | Form8038TFiled |
| Rebate Not Due Yet | 0 | RebateNotDueYet |
| Exception To Rebate | 0 | ExceptionToRebate |
| No Rebate Due | 0 | NoRebateDue |
| Variable Rate Issue | 1 | VariableRateIssue |
| Hedge Identified In Books And Recds | 0 | HedgeIdentifiedInBooksAndRecds |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGIC |
| Gross Proceeds Invested | 0 | GrossProceedsInvested |
| Written Proc To Monitor Reqs | 0 | WrittenProcToMonitorReqs |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV
Name Of Interested Person NameOfInterestedPerson
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | DANIEL J CHARLESTON | NamePerson |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship | FORMER BOARD MEMBER | Relationship |
| Description Of Transaction | INVESTMENT ACTIVITES | DescriptionOfTransaction |
| Sharing Of Revenues | 0 | SharingOfRevenues |
Schedule M IRS990ScheduleM
Other Non Cash Contributions Table OtherNonCashContributionsTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Description | OFFICE SUPPLIES | Description |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 49625 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | RETAIL VALUE | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| Form 990, Part VI, Section A, line 2 | BOARD MEMBERS DR DOROTHY G. HENNINGS AND DR GEORGE HENNINGS ARE HUSBAND AND WIFE. | |
| Form 990, Part VI, Section B, line 11 | FORM 990 IS PREPARED BY AN ACCOUNTING PROFESSIONAL. ELECTRONIC COPIES ARE DISTRIBUTED TO BOARD MEMBERS FOR REVIEW AND APPROVAL. THE FINAL VERSION IS REVIEWED AND SIGNED BY THE PRESIDENT OF THE FOUNDATION, AND FILED. | |
| Form 990, Part VI, Section B, line 12c | OFFICERS, DIRECTORS, TRUSTEES AND KEY EMPLOYEES ARE REQUIRED TO SUBMIT A SIGNED STATEMENT ANNUALLY. | |
| Form 990, Part VI, Section C, line 19 | COPIES OF ALL DOCUMENTS ARE AVAILABLE UPON REQUEST FROM THE FOUNDATION. | |
| Form 990, Part IX, line 24e | PROFESSIONAL FEES: Program service expenses 0. Management and general expenses 98,168. Fundraising expenses 7,751. Total expenses 105,919. GOLF EXPENSES: Program service expenses 0. Management and general expenses 0. Fundraising expenses 69,334. Total expenses 69,334. IN KIND SERVICES: Program service expenses 0. Management and general expenses 39,191. Fundraising expenses 10,434. Total expenses 49,625. FOOD SERVICE & CATERING: Program service expenses 0. Management and general expenses 18,887. Fundraising expenses 0. Total expenses 18,887. AMORTIZATION BOND ISSUANCE COSTS: Program service expenses 0. Management and general expenses 18,476. Fundraising expenses 0. Total expenses 18,476. PRINTING & DUPLICATION: Program service expenses 0. Management and general expenses 8. Fundraising expenses 17,550. Total expenses 17,558. BANK FEES: Program service expenses 0. Management and general expenses 12,723. Fundraising expenses 0. Total expenses 12,723. PROMOTIONAL EXPENSES: Program service expenses 0. Management and general expenses 8,378. Fundraising expenses 0. Total expenses 8,378. EVENT SUPPLIES: Program service expenses 0. Management and general expenses 6,128. Fundraising expenses 0. Total expenses 6,128. MEALS & ENTERTAINMENT: Program service expenses 0. Management and general expenses 614. Fundraising expenses 4,074. Total expenses 4,688. DUES & MEMBERSHIPS: Program service expenses 0. Management and general expenses 2,500. Fundraising expenses 350. Total expenses 2,850. SUPPLIES: Program service expenses 0. Management and general expenses 2,726. Fundraising expenses 10. Total expenses 2,736. TELEPHONE: Program service expenses 0. Management and general expenses 1,985. Fundraising expenses 0. Total expenses 1,985. PUBLICATIONS & PERIODICALS: Program service expenses 0. Management and general expenses 1,915. Fundraising expenses 0. Total expenses 1,915. AUTO EXPENSES: Program service expenses 0. Management and general expenses 1,800. Fundraising expenses 0. Total expenses 1,800. POSTAGE: Program service expenses 0. Management and general expenses 188. Fundraising expenses 795. Total expenses 983. NJ FILING FEES: Program service expenses 0. Management and general expenses 350. Fundraising expenses 100. Total expenses 450. DONOR RECOGNITION: Program service expenses 0. Management and general expenses 0. Fundraising expenses 439. Total expenses 439. BAD DEBTS: Program service expenses 0. Management and general expenses -2,984. Fundraising expenses 0. Total expenses -2,984. | All Other Functional Expenses |
| Form 990, Part XI, line 9: | ROUNDING 1. | Changes in Net Assets or Fund Balances: |
| FORM 990 PART XI LINE 2C | NO CHANGE IN THE SELECTION PROCESS |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KEAN UNIVERSITY | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1000 MORRIS AVENUE | AddressLine1 |
| City | UNION | City |
| State | NJ | State |
| ZIP Code | 07083 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 222960726 | EIN |
| Primary Activities | UNIVERSITY--PROVIDE POST SECONDARY EDUCATION TO STUDENTS | PrimaryActivities |
| Legal Domicile State | NJ | LegalDomicileState |
| Exempt Code Section | 501(c)(3) | ExemptCodeSection |
| Controlled Org | 0 | ControlledOrg |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 1 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Dividends Related Organization | 0 | DividendsRelatedOrganization |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable
Name Of Other Organization NameOfOtherOrganization
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KEAN UNIVERSITY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | B | TransactionType |
| Amount Involved | 582722 | AmountInvolved |
| Method Of Amt Determination | CASH DISBURSEMENTS | MethodOfAmtDetermination |
Comments