Public Charity

RAMAPO COLLEGE FOUNDATION

Based in MAHWAH, NJ, RAMAPO COLLEGE FOUNDATION operates as a Public Charity. The organization reported $9.4M in revenue, $4.5M in expenses, $37.8M in total assets for fiscal year 2025. Imperigo tracks 69 reported grant relationships connected to this organization totaling approximately $2.2M.

EIN: 510244756 MAHWAH, NJ Single Organization Support NTEE: B11 Latest filing: 2025
Total Revenue$9.4M
Total Expenses$4.5M
Total Assets$37.8M
Grant Records69
Funding Total$2.2M
Filing Years2021–2025

Mission

THE RAMAPO COLLEGE FOUNDATION, FOUNDED IN 1971, IS A NONPROFIT CORPORATION ORGANIZED UNDER THE LAWS OF THE STATE OF NEW JERSEY FOR THE BENEFIT OF RAMAPO COLLEGE OF NEW JERSEY. IT PROVIDES UNRESTRICTED, RESTRICTED AND CAPITAL SUPPORT TO THE COLLEGE TO MEET THE ACADEMIC NEEDS OF APPROXIMATELY 6,000 STUDENTS AND A FACULTY AND STAFF OF APPROXIMATELY 800. THE COLLEGE HAS OVER 30,000 ALUMNI AND 3,000 FRIENDS, DONORS AND VOLUNTEERS.

Where $100 goes at Ramapo College Foundation

How Ramapo College Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$92 Programs the work itself
$5 Management running the organization
$3 Fundraising raising the next dollar

Inside the $92 for programs

$54
Unrestricted revenues are raised to fund a grant allocation process which allows faculty, staff and student organizations to apply for support through a competitive process
58% of program spending
$23
Raising funds to award need-based, merit-based, or study-abroad scholarships is a priority of the foundation
26% of program spending · Reported in the filing: 620 scholarships
$15
The foundation raises funds to support the renovations of college buildings, as well as various academic positions
16% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

GOVERNOR Alexander Arns
GOVERNOR Alison Banks-Moore
GOVERNOR THRU 07/2024 Amrita Basu
GOVERNOR Ann Swist
GOVERNOR THRU 06/2025 Audrey Newman
GOVERNOR Carol Schaefer

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$1,608,593 45 grants
Health & Medicine
$406,260 4 grants
Education
$98,349 11 grants
Research & Policy
$17,000 2 grants
Fundraising & Sponsorship
$15,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $9.4M $4.5M $37.8M
2024 $5.2M $4.5M $30.4M
2023 $4.0M $4.0M $27.2M
2022 $3.7M $4.0M $25.7M
2021 $5.5M $4.6M $30.5M

Between 2021 and 2025, reported annual revenue grew from $5.5M to $9.4M (+72%), with total assets most recently reported at $37.8M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for RAMAPO COLLEGE FOUNDATION

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