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Passes our checks

Stockton University Foundation

EIN 22-1957406 · Galloway, NJ

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthStrong100 out of 100GovernanceStrong95 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

DESCRIPTION OF ORGANIZATION MISSION: THE FOUNDATION WAS ESTABLISHED IN 1972 BY FRIENDS OF THE UNIVERSITY TO PROVIDE FOR THE PHILANTHROPIC NEEDS OF STOCKTON UNIVERSITY. THE FOUNDATION PROVIDES LEADERSHIP AND OVERSIGHT AND IS RESPONSIBLE FOR RAISING STEWARDING AND DISTRIBUTING FUNDS IN SUPPORT OF STOCKTON UNIVERSITY AND ITS STUDENTS. THE FOUNDATIONS PRIMARY FOCUS IS TO BE A SUBSTANTIAL SOURCE OF FINANCIAL ASSISTANCE FOR A SIGNIFICANT NUMBER OF STUDENTS AND FOR STRENGTHENING THE EDUCATION CAPACITY OF THE UNIVERSITY.

Income
$20.4 million
Spending
$3.2 million
Spent on programs
86%
Reserves
15.6 months of spending
Largest source of income
investment income, 81%
Employees
0
Volunteers
281
Highest pay
$525,217, university president

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Strong: 100 out of 100.

  • Reserves

    35 of 35

    Spendable reserves would cover 15.6 months of spending.

  • Debt

    20 of 20

    It owes 0% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 84% of income.

  • Income trend

    15 of 15

    Income rose 323% on the year before.

  • Spending floor

    15 of 15

    86% of spending went to programs and raising each dollar of donations cost 1 cents.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 95 out of 100.

  • Independent board

    25 of 25

    38 of 41 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    0 of 5

    Reports no independent review process for its chief executive's pay.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (4)
  1. $1.5 million spent. STOCKTON UNIVERSITYS SCHOLARSHIP PROGRAM PROVIDES AWARDS TO UNDERGRADUATE AND GRADUATE STUDENTS PRIMARILY ON A COMPETITIVE BASIS SOME AWARDS ARE RESTRICTED TO NEEDS-BASED CRITERIA. 885 STUDENTS RECEIVED SCHOLARSHIP AWARDS IN FY25. THESE AWARDS ARE MADE FROM THE FOUNDATIONS PERMANENTLY RESTRICTED ENDOWMENT FUNDS AS WELL AS THROUGH CURRENT-USE GIFTS AND THROUGH THE FOUNDATIONS GENERAL SCHOLARSHIP FUNDS.
  2. $546,555 spent. DONOR RESTRICTED FUNDS BOTH ENDOWED AND CURRENT-USE PROVIDE PHILANTHROPIC SUPPORT FOR A NUMBER OF UNIVERSITY INITIATIVES INCLUDING UNDERGRADUATE RESEARCH VISITING LECTURERS SCHOLARS PROGRAMMING IN THE VARIOUS ACADEMIC CENTERS FACULTY SCHOLARLY ACTIVITY AND OTHER SPECIAL PROGRAMMING THAT ADVANCES THE ACADEMIC MISSION OF THE UNIVERSITY.
  3. $615,079 spent. DONOR RESTRICTED FUNDS BOTH ENDOWED AND CURRENT-USE PROVIDE SUPPORT FOR FACILITY RENOVATION CONSTRUCTION AND OR OPERATIONS. FACILITIES AND OPERATIONS CURRENTLY SUPPORTED INCLUDE THE NOYES MUSEUM THE OBSERVATORY PHYSICAL THERAPY PROGRAM SPACE AND THE SAM AZEEZ MUSEUM.
  4. $73,668 spent. OTHER DIRECT SUPPORT AND FACULTY SUPPORT.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending June 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since April 1972.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.

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