DREW UNIVERSITY

Madison, NJ, US
501(c)3
EIN
22-1487164
School
Madison, NJ, US
501(c)3
EIN
22-1487164
School

Overview

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Est.

1868

Fiscal Year Start

Jul 1

Organization Type

Grantseeker
AI Summary
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Drew University, identified by EIN 22-1487164, is a nonprofit institution dedicated to providing undergraduate and graduate education through its College of Liberal Arts, Theological School, and Caspersen School of Graduate Studies. With an operating budget of $91.3 million and total revenue of $112.2 million for the 2023 fiscal year, the university is financially supported by multiple funders, none of which contribute 50% or more of its revenue. More information about its programs and offerings can be found on its website, drew.edu.

Mission Statement

THE UNIVERSITY OFFERS GRADUATE AND UNDERGRADUATE STUDIES AND IS COMPRISED OF THE COLLEGE OF LIBERAL ARTS, THE THEOLOGICAL SCHOOL, AND THE CASPERSEN SCHOOL OF GRADUATE STUDIES.
Revenues

$112.2M

Expenses

$130.1M

Net Income:
-$17.9M
Assets

$233M

Liabilities

$90.9M

Net Assets:
+$142.1M
Operating Budget

$91.3M

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

39

Median grant size
$11.2K
Largest grant received
$1M
T
Thomas Schwarz
Board Member
A
Alfred T Day Iii
Board Member
S
Scott Burr
Board Member

Frequently Asked Questions

What is DREW UNIVERSITY’s budget?
In 2023, DREW UNIVERSITY reported an annual operating budget of around $91.3 million. More detailed financial information is available to registered users.
What causes does DREW UNIVERSITY support?
DREW UNIVERSITY supports work in University education and Undergraduate education.
Where does DREW UNIVERSITY operate?
DREW UNIVERSITY is headquartered in Madison, NJ.
Who funded DREW UNIVERSITY recently?
In 2025, DREW UNIVERSITY received grants from THE SPENCER FOUNDATION, AMERICAN ONLINE GIVING FOUNDATION INC, and INDEPENDENT COLLEGES AND UNIVERSITIES OF NEW JERSEY A NJ NONPROFIT CORPORATION. More information on this organization’s funders is available to registered users.
What is the largest grant DREW UNIVERSITY received in 2024?
The largest grant to DREW UNIVERSITY in 2024 exceeds $1 million.
What is DREW UNIVERSITY’s reliance on government grants?
DREW UNIVERSITY relied on government grants for less than 5% of their total revenue in 2023.
Overview
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