2012-05-15T13:51:14-04:00 2011-06-30 GRANT THORNTON LLP 2001 MARKET STREET SUITE 3100 PHILADELPHIA PA 19103 990 2010-07-01 222482802 Rowan University Foundation ROWA 8562564119 201 Mullica Hill Road Glassboro NJ 08028 RJ Tallarida Jr 8562564114 2012-05-14 2155614200 2010 2016-02-24 21:20:13Z Ronald J Tallarida 201 Mullica Hill Road Glassboro NJ 08028 33997356 false X www.rufoundation.edu X 1983 NJ The primary purpose of the foundation is to raise money and obtain gifts-in-kind and to channel those monies and gifts to Rowan University in meeting its education mission. 23 21 0 21 -167077 -167462 1784981 3808565 0 0 585270 3957180 -5501 -1837 2364750 7763908 9012749 9298777 0 0 0 0 0 0 9682 289306 305586 9302055 9604363 -6937305 -1840455 135013371 155800151 1707556 1863812 133305815 153936339 X ROWAN UNIVERSITY FOUNDATION (THE FOUNDATION) WAS CREATED TO ASSIST THE BOARD OF TRUSTEES AND THE PRESIDENT OF ROWAN UNIVERSITY (THE UNIVERSITY) IN THEIR EFFORTS TO ACHIEVE AND ADVANCE THE MISSION OF THE UNIVERSITY. THE PRIMARY PURPOSE OF THE FOUNDATION IS TO RAISE MONEY AND OBTAIN GIFTS-IN-KIND AND TO CHANNEL THOSE MONIES AND GIFTS TO ROWAN UNIVERSITY IN MEETING ITS EDUCATIONAL MISSION. false false 1120299 1120299 0 Scholarships (restricted funds) given to students. 8178478 8178478 0 Grants to Rowan University. 9298777 true true false false false false false false true false true false false true false true false false false false false false false true false false true true true false false false false false false false false true false false false false true false false false false true 0 0 true 0 true true false false false false true true false false false false X 23 21 false false false false false false false true true false false true false false false false false false NJ X JOSEPH F SCULLY JR 8562564127 201 MULLICA HILL ROAD Glassboro NJ 08028 X Donald J Farish 1.0 X 0 307265 13793 Rob Lewandowski 1.0 X 0 0 0 Lawrence J Salva 1.0 X 0 0 0 Joe Bottazzi 1.0 X 0 0 0 Tony Galvin 1.0 X 0 0 0 Robert Novick 1.0 X 0 0 0 Harry I Scheyer 1.0 X 0 0 0 Anthony Calabrese 1.0 X 0 0 0 Elizabeth Palmer 1.0 X 0 2637 0 Pauline Schneider 1.0 X 0 0 0 Keith Campbell 1.0 X 0 0 0 Robert W Hoey 1.0 X 0 0 0 Alyce Parker 1.0 X 0 0 0 Paul Tully 1.0 X 0 0 0 Scott Kintzing 1.0 X 0 0 0 Helene Reed 1.0 X 0 0 0 Stanley LaBruna 1.0 X 0 0 0 Robert C Braun 1.0 X 0 0 0 Stephen H Clark 1.0 X 0 0 0 Jill Steier 1.0 X 0 0 0 David J Strout 1.0 X 0 0 0 Allison Wedell 1.0 X 0 0 0 Dr Ali Houshmand 1.0 X 0 0 0 Mary Kay Long 1.0 X 0 180335 11280 Ronald J Tallarida 1.0 X 0 0 0 0 490237 25073 0 false true false 0 67142 3741423 785000 3808565 0 2322746 2322746 0 0 27834451 26200017 1634434 1634434 -167077 1801511 31594 67142 33431 -1837 -1837 0 0 0 7763908 0 -167077 4122420 8178478 8178478 1120299 1120299 0 0 0 0 0 0 0 0 0 19450 19450 32680 32680 0 0 87321 87321 0 0 9682 9682 0 0 0 0 0 0 0 0 0 16821 16821 ANNUITIES DISTRIBUTION 66150 66150 CATERING 32961 32961 TEACHING AWARDS 8450 8450 FILING FEES 5550 5550 MISCELLANEOUS 26521 26521 9604363 9298777 295904 9682 5215876 2765710 5376561 5440136 84168854 100653589 40216234 46940716 35846 0 135013371 155800151 504745 514299 41531 45541 1161280 1303972 1707556 1863812 X 13714041 29984749 10906713 14392218 108685061 109559372 133305815 153936339 135013371 155800151 X -1840455 22470979 X false true true X false X 3448737 2040958 2634591 1784981 3808565 13717832 3448737 2040958 2634591 1784981 3808565 13717832 2777899 10939933 3351370 3663583 3501460 2581490 2322746 15420649 26324 8740 22589 29916 31594 119163 29257644 0.37392 0.43416 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 108685061 874311 0 0 0 0 109559372 108976733 189295 -480967 0 0 0 108685061 108603684 194919 7236652 7058522 0 0 108976733 0.00000 1.00000 0.00000 false false REALTY INVESTMENTS 5197971 F ALTERNATIVE INVESTMENTS 41742745 F 46940716 0 ALUMNI ASSOCIATION 1263972 COMPENSATED ABSENCES 40000 1303972 7763908 9604363 -1840455 22437548 33431 22470979 20630524 30234887 22437548 33431 22470979 7763908 7763908 9604363 9604363 9604363 Schedule D, Part V, Line 4 To provide scholarships to the students of Rowan University and gifts to Rowan University in meeting its educational mission. Schedule D, Part XI, Line 8 Fundraising expense in revenue $33,431. Schedule D, Part XII, Line 2D Fundraising expense in revenue $33,431. GOLF TOURNAMENT 63249 37210 26039 14145 8630 1166 MLK JR BREAKFST 35487 29932 5555 300 9190 0 98736 67142 31594 14445 8630 10356 33431 -1837 true Rowan University 201 Mullica Hill Road Glassboro NJ 08028 222764819 115 8178478 Program Services 1 0 Student Scholarships 291 1120299 Schedule I, Part I, Line 2 The foundation maintains transfer records for all gifts raised for the University, monitors the expenditures of those funds, and provides stewardship reports to donors regarding usage of the funds. The Foundation also provides scholarships to students matriculating at Rowan University; therefore, all funds granted are used to defray the cost of tuition and no further monitoring of the grants is required. false false false false false false false false false Donald J Farish 0 307265 0 0 0 0 0 13793 0 0 0 321058 0 0 Mary Kay Long 0 180335 0 0 0 0 0 11280 0 0 0 191615 0 0 X 1 750000 FMV X EQUIPMENT 1 35000 FMV false false false Form 990, Part VI, Line 11 The Rowan University Accounting Services Office (Accounting Services) acts as the liaison in the preparation of the tax returns. Accounting Services provides all the financial information to the paid tax preparer based on the entities audited financial statements as well as the records of Rowan University's Accounting System for each of these entities. Accounting Services contacts each entities' officers and staff to obtain answers to the non-financial questions and provides this information to the paid tax preparer. Draft documents are reviewed by Accounting Services and the entities' offices or staff if needed. Form 990, Part VI, Line 15 No compensation is paid, therefore there is no process for determining compensation. Form 990, Part VI, Line 19 All required organizational documents including articles of incorporation, by-laws, and other policies are available to the public upon request. Form 990, Part XI, Line 5 unrealized gain on investments 22,437,548 Fundraising expense in revenue 33,431 ---------- Total 22,470,979 ========== HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Rob Lewandowski TITLE:Director HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Mary Kay Long TITLE:Interim Vice President HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Ronald J. Tallarida TITLE:Acting Executive Director HOURS:1 Rowan University 201 Mullica Hill Road Glassboro NJ 08028 222764819 University NJ 115 NA Rowan University Alumni Association 201 Mullica Hill Road Glassboro NJ 08028 237132916 Support NJ 501(C)(3) 7 Rowan Univ false true false false false false false false false false false false false false false false false false Rowan University B 8178478