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FOUNDATION AT NJ INSTITUTE OF TECHNOLOGY
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FOUNDATION AT NJ INSTITUTE OF TECHNOLOGY
Newark, NJ, US
•
501(c)3
•
EIN
22-1714037
•
WWW.NJIT.EDU/DEVELOPMENT/FOUNDATION-NJIT
•
Regional Funder
FOUNDATION AT NJ INSTITUTE OF TECHNOLOGY
Sign up to claim this org
Newark, NJ, US
•
501(c)3
•
EIN
22-1714037
•
WWW.NJIT.EDU/DEVELOPMENT/FOUNDATION-NJIT
•
Regional Funder
Overview
Programs
990s
Income Statement
Balance Sheet
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People
Board & Team
Financials
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Funding
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Grants Received
Grantmaking
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Grants Given
Overlap
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Income Statement
Fiscal Year Start:
Jul 1
Revenues in
2024
$16,393,366
Contributions
58%
Investments
28%
Other
9%
Government Grants
3%
Fundraising Events
3%
Program Services
0%
Membership Dues
0%
Expenses in
2024
$11,521,409
Grants
92%
Other
5%
Fees to Service Providers
2%
Benefits to Members
0%
Salaries & Benefits
0%
Advertising & Promotion
0%
Offices, Occupancy & IT
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$11,968,491
$9,453,057
-21%
Government Grants
$0
$546,324
-
Fundraising Events
$594,911
$424,801
-29%
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$4,176,181
$4,566,424
+9%
Other
-$2,644,983
$1,402,760
-153%
Total Revenues
$14,094,600
$16,393,366
+16%
Expenses
2023
2024
Change
Grants
$9,159,988
$10,634,948
+16%
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$0
-
Fees to Service Providers
$286,554
$268,717
-6%
Advertising & Promotion
$11,900
$0
-100%
Offices, Occupancy & IT
$0
$0
-
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$480,796
$617,744
+28%
Total Expenses
$9,939,238
$11,521,409
+16%
Net income
2023
2024
Change
Net income
+$4,155,362
+$4,871,957
+17%
Functional Expenses
Summary
2023
2024
Change
Program
$9,159,988
$10,634,948
+16%
Admin
$729,332
$766,007
+5%
Fundraising
$49,918
$120,454
+141%
Total Expenses
$9,939,238
$11,521,409
+16%
Income Statement
