Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Dec 1984.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
96 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
Something off? Claim to add context
Who runs it and what they're paid
39 people listed on the 990.
Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2Yes
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Supports Rowan University to be a new model for higher education excellence.
Questions for Rowan University Foundation INC
Your first name shows with your question. Rowan University Foundation INC answers here, for everyone.
Grants to rowan university and affiliate -the rowan university foundation oversees and coordinates all fundraising activities and is responsible for the management, investment and distribution of all charitable contributions to benefit rowan university.
Scholarships given to students -the rowan university foundation's scholarship program aims to assist students with the rising cost of tuition. Scholarships are awarded to students based on both need and merit. In FY2025, the rowan university foundation awarded over $4.367 million in scholarships.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2025 990, line by line.
Download 990
| Line | FY25 | FY24 | FY23 | FY22 | FY21 |
|---|---|---|---|---|---|
| End of yearLn 1g | $440.3M | $408.1M | $373.9M | $331.9M | $317.8M |
| Given inLn 1b | $12.8M | $14.7M | $31.2M | $35.1M | $25.5M |
| SpentLn 1d–1f | $15.3M | $12.4M | $10.8M | $9.7M | $9.2M |
| Line | Start FY25 | End FY25 |
|---|---|---|
| Cash and savingsLn 1–2 | $16.5M | $16.6M |
| InvestmentsLn 11–13 | $407.5M | $440.8M |
| Total assetsLn 16 | $428.6M | $461.9M |
| LiabilitiesLn 26 | $1.3M | $962K |
| Net assetsLn 32 | $427.3M | $461.0M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $17.8M | $17.8M | ||
| Grants to domestic individualsLn 2 | $4.5M | $4.5M | ||
| Legal feesLn 11b | $6K | $6K | ||
| Accounting feesLn 11c | $144K | $144K | ||
| Investment management feesLn 11f | $365K | $365K | ||
| Other fees for servicesLn 11g | $77K | $951 | $76K | |
| Advertising and promotionLn 12 | $48K | $48K | ||
| Office expensesLn 13 | $58K | $2K | $56K | |
| TravelLn 17 | $6K | $6K | ||
| InsuranceLn 23 | $52K | $52K | ||
| Other expenses (24a–d)Ln 24 | $95K | $9K | $86K | |
| Total functional expensesLn 25 | $23.2M | $22.3M | $839K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest ViewingFiled with the IRS May 13, 2026 | $33.4M | $23.2M | $10.2M | $461.0M | 990 PDF |
| FY2024Filed with the IRS May 15, 2025 | $33.9M | $20.2M | $13.7M | $427.3M | 990 PDF |
| FY2023Filed with the IRS May 15, 2024 | $48.3M | $18.8M | $29.5M | $390.4M | 990 PDF |
| FY2022 | $58.9M | $17.4M | $41.6M | $349.3M | 990 PDF |
| FY2021Filed with the IRS May 16, 2022 | $39.2M | $15.1M | $24.1M | $338.8M | 990 PDF |
| FY2020Filed with the IRS May 12, 2021 | $27.9M | $14.1M | $13.8M | $238.0M | 990 PDF |
Schedules filed Part IV
See the full FY2025 990 (6 parts)
Part I · Summary $33,395,586 revenue, 12 lines filed
Part VI · Governance 29 of 33 board members independent, 2 to look at
Part VIII · Statement of revenue $33,395,586 across 9 lines filed
Part IX · Statement of functional expenses $23,161,371 across 11 lines filed
Part X · Balance sheet $461,940,498 assets, 13 lines filed
Part XI · Reconciliation of net assets $460,978,826 net assets at year end
Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File
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