Logo for "THOMAS EDISON STATE UNIVERSITY FOUNDATION, INC"

THOMAS EDISON STATE UNIVERSITY FOUNDATION, INC

THOMAS EDISON STATE UNIVERSITY FOUNDATION, INC

Trenton, NJ, US
501(c)(3)
EIN
22-2117814
Women Led
Logo for "THOMAS EDISON STATE UNIVERSITY FOUNDATION, INC"

THOMAS EDISON STATE UNIVERSITY FOUNDATION, INC

Trenton, NJ, US
501(c)(3)
EIN
22-2117814
Women Led

Overview

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Est.

1976

Fiscal Year Start

Jan 1

Organization Type

Grantseeker
AI Summary
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The Thomas Edison State University Foundation, Inc. is a nonprofit 501(c)(3) organization dedicated to supporting and promoting undergraduate education at Thomas Edison State University. With an operating budget of $200.9K and total revenue of $1.4M for the fiscal year 2024, the foundation focuses on empowering adults to achieve their educational goals and enhance workforce competitiveness through various initiatives, including the annual Golf Classic and Impact Awards. The foundation does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base to sustain its mission.

Mission Statement

THE MISSION OF THE FOUNDATION IS TO INSPIRE DONORS TO INVEST IN THOMAS EDISON STATE UNIVERSITY'S POWER TO TRANSFORM LIVES AND BUILD A MORE COMPETITIVE WORKFORCE BY EMPOWERING ADULTS TO ATTAIN THEIR EDUCATIONAL GOALS. THOMAS EDISON STATE UNIVERSITY FOUNDATION IS A NONPROFIT 501(C)(3) ORGANIZATION. WHILE INDEPENDENT OF THOMAS EDISON STATE UNIVERSITY, THE FOUNDATION OPERATES EXCLUSIVELY FOR THE BENEFIT, SUPPORT AND PROMOTION OF THE UNIVERSITY AND ITS EDUCATIONAL ACTIVITIES AND MAY RECEIVE AND INVEST BEQUESTS, GIFTS OR TRANSFERS OF PROPERTY OR MONEY, AND EXPEND ANY SUCH FUNDS OR PROPERTY FOR THE INSTITUTION'S EDUCATIONAL PURPOSES. THE TWO MAIN EVENTS FOR FY25 WERE THE ANNUAL GOLF CLASSIC IN MAY TO SUPPORT THE TESU SCHOLARSHIP FUND AND THE IMPACT AWARDS IN OCTOBER TO SUPPORT THE MISSION OF TESUF.
Revenues

$1.4M

Expenses

$805.6K

Net Income:
+$636.1K
Assets

$14.1M

Liabilities

$402.7K

Net Assets:
+$13.7M
Operating Budget

$200.9K

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

5

Median grant size
$15K
Largest grant received
$50K
J
Jaclyn Joworisak
Board Member
D
DR Merodie Hancock
Board Member
C
Carol Voorhees
Board Member

Frequently Asked Questions

What is THOMAS EDISON STATE UNIVERSITY FOUNDATION, INC’s budget?
In 2024, THOMAS EDISON STATE UNIVERSITY FOUNDATION, INC reported an annual operating budget of around $201 thousand. More detailed financial information is available to registered users.
What causes does THOMAS EDISON STATE UNIVERSITY FOUNDATION, INC support?
THOMAS EDISON STATE UNIVERSITY FOUNDATION, INC supports work in Undergraduate education.
Where does THOMAS EDISON STATE UNIVERSITY FOUNDATION, INC operate?
THOMAS EDISON STATE UNIVERSITY FOUNDATION, INC is headquartered in Trenton, NJ.
Who funded THOMAS EDISON STATE UNIVERSITY FOUNDATION, INC recently?
In 2024, THOMAS EDISON STATE UNIVERSITY FOUNDATION, INC received grants from THE CHARLOTTE W NEWCOMBE FOUNDATION, THE ROBERT WOOD JOHNSON FOUNDATION, and CHARITIES AID FOUNDATION AMERICA. More information on this organization’s funders is available to registered users.
What is the largest grant THOMAS EDISON STATE UNIVERSITY FOUNDATION, INC received in 2024?
The largest grant to THOMAS EDISON STATE UNIVERSITY FOUNDATION, INC in 2024 exceeds $50 thousand.
Overview
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