MONTCLAIR STATE UNIVERSITY FOUNDATION INC

MONTCLAIR STATE UNIVERSITY FOUNDATION INC

MONTCLAIR, NJ, US
501(c)(3)
EIN
22-6017209
Women Led
BIPOC Led

MONTCLAIR STATE UNIVERSITY FOUNDATION INC

MONTCLAIR, NJ, US
501(c)(3)
EIN
22-6017209
Women Led
BIPOC Led

Overview

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Est.

1960

Fiscal Year Start

Jul 1

Organization Type

Grantseeker
AI Summary
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The Montclair State University Foundation Inc, with EIN 22-6017209, is dedicated to enhancing university education and college preparation through increased scholarship support for students at Montclair State University. In fiscal year 2024, the foundation operated with a budget of $1.8 million and reported total revenue of $14.8 million, relying on diverse funding sources without a single funder contributing 50% or more of its revenue. The organization actively supports students based on socio-economic needs and funds research initiatives, particularly in response to challenges posed by the global pandemic. More information can be found on their website at www.montclair.edu/giving.

Mission Statement

FOR FISCAL 2021 THE FOUNDATION CONTINUED ITS INCREASED SCHOLARSHIP SUPPORT FOR THE STUDENTS OF THE UNIVERSITY, INCLUDING INCREASED SUPPORT OF ENDOWED SCHOLARSHIPS BY VIRTUE OF FUND RAISING EFFORTS IN HONOR OF ITS LONG-TENURED AND RETIRING PRESIDENT. ADDITIONAL SCHOLARSHIP SUPPORT WAS ALSO RECEIVED IN SUPPORT OF STUDENTS WITH NEED BASED ON SOCIO-ECONOMIC BACKGROUND AT A TIME WHEN THE DEMAND FOR RESOURCES WAS AT A HIGH POINT.IN ADDITION, THE FOUNDATION ALSO PROVIDED ADDITIONAL SUPPORT FOR RESEARCH SPECIFIC FUNDING FOR THE UNIVERSITY IN RESPONSE TO INITIATIVES DRIVEN BY THE GLOBAL PANDEMIC, WHILE ALSO RECEIVING SUPPORT FOR ITS RESEARCH WORK IN THE SCIENCES, FOR THE ENHANCEMENT AND CLARITY OF COMMUNICATIONS WITHIN MAJOR MEDIA SECTORS, AND FOR SUPPORT OF CHILDREN WITH SPECIAL NEEDS.
Revenues

$14.8M

Expenses

$9M

Net Income:
+$5.8M
Assets

$135.6M

Liabilities

$3.5M

Net Assets:
+$132.1M
Operating Budget

$1.8M

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

46

Median grant size
$25K
Largest grant received
$720K
N
Nadine Leslie
Board Member
R
Rose C Cali - Ex-Officio
Board Member
L
Lester Taylor
Board Member

Frequently Asked Questions

What is MONTCLAIR STATE UNIVERSITY FOUNDATION INC’s budget?
In 2024, MONTCLAIR STATE UNIVERSITY FOUNDATION INC reported an annual operating budget of around $1.8 million. More detailed financial information is available to registered users.
What causes does MONTCLAIR STATE UNIVERSITY FOUNDATION INC support?
MONTCLAIR STATE UNIVERSITY FOUNDATION INC supports work in College preparation and University education.
Where does MONTCLAIR STATE UNIVERSITY FOUNDATION INC operate?
MONTCLAIR STATE UNIVERSITY FOUNDATION INC is headquartered in MONTCLAIR, NJ.
Who funded MONTCLAIR STATE UNIVERSITY FOUNDATION INC recently?
In 2025, MONTCLAIR STATE UNIVERSITY FOUNDATION INC received grants from MCMULLEN FAMILY FOUNDATION, CRAIG NEWMARK GRADUATE SCHOOL OF JOURNALISM CUNY FOUNDATION INC, and AMERICAN ONLINE GIVING FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant MONTCLAIR STATE UNIVERSITY FOUNDATION INC received in 2024?
The largest grant to MONTCLAIR STATE UNIVERSITY FOUNDATION INC in 2024 exceeds $720 thousand.
Overview
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