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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Education Rowan University Foundation Inc.

Rowan University Foundation Inc.

Fiscal year ending 2024. Filed on May 15, 2025.

201 Mullica Hill Road
Glassboro, New Jersey 08028

Rowan University Foundation Inc. (EIN: 22-2482802) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Rowan University Foundation Inc., a 501(c)(3) charitable organization, reported compensation for 4 employees. Among the employees shown here, the average compensation is $615,151. The highest compensated employee at Rowan University Foundation Inc. is Dr Ali Houshmand with fiscal year 2024 compensation of $1,215,041.

Revenue, expenses, and employee compensation

Revenue

$33,947,105

Expenses

$20,222,813

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Dr Ali Houshmand
Director (Pres., Rowan University)
$1,215,041
$0 $988,394 $226,647
Ronald J Tallarida
Former Executive Director
$318,953
$0 $304,953 $14,000
Jesse Shafer
Executive Director THRU MAR 2024
$311,460
$0 $297,460 $14,000
John J Zabinski
Executive Director AS of APR 2024
$0

Benchmark Employee Compensation

Non-Employee Board Members

Dr James George
Director (Faculty, Rowan University)
$128,085
$0 $79,526 $48,559
Jon J Vogel
Director (Faculty, Rowan University)
$11,142
$0 $10,317 $825
Yuval Saar
Director
$1,674
$0 $1,674 No other comp
Harry I Scheyer
Director
No compensation reported
Robert W Hoey
Director
No compensation reported
Paul Tully
Director
No compensation reported
Salman Bhatti
Director
No compensation reported
Stacey Vail
Director
No compensation reported
Reginald J Middleton
Chair
No compensation reported
Scott Kintzing
Director
No compensation reported
Eric Stein
Director
No compensation reported
Stephen H Clark
Director
No compensation reported

Contractors

Morgan Stanley
Investment Management Advisory
$259,114

Mission Statement

THE ROWAN UNIVERSITY FOUNDATION OPERATES WITH THE EXPRESS PURPOSE OF RAISING FUNDS AND OBTAINING OBJECTS OF VALUE, THROUGH DONATION, PRIVATE OR PUBLIC GRANTS, GIFTS, OR OTHERWISE, FOR THE USE OR BENEFIT OF ROWAN UNIVERSITY AND OTHER UNIVERSITY-HELD ATTRACTIONS WITH THE GOAL OF ENRICHING THE EDUCATION AND STUDENT LIFE OF THE STUDENTS OF ROWAN UNIVERSITY AND IMPROVING THE EDUCATIONAL OPPORTUNITIES AND/OR SERVICES PROVIDED TO STUDENTS, FACULTY, ALUMNI, AND THE GENERAL PUBLIC.

Revisions to this organization profile

May 15, 2025:
2024 Rowan University Foundation Inc. 990 filed
May 15, 2024:
2023 Rowan University Foundation Inc. 990 filed
May 15, 2023:
2022 Rowan University Foundation Inc. 990 filed

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