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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 Thomas Edison State University Foundation Inc.

Thomas Edison State University Foundation Inc.

Fiscal year ending 2024. Filed on December 24, 2024.

111 West State Street
Trenton, New Jersey 08608

Thomas Edison State University Foundation Inc. (EIN: 22-2117814) has filed an IRS Form 990 since fiscal year 2018. In its fiscal year 2024 IRS Form 990 filing, Thomas Edison State University Foundation Inc., a 501(c)(3) charitable organization, reported compensation for 3 employees. Among the employees shown here, the average compensation is $84,264. The highest compensated employee at Thomas Edison State University Foundation Inc. is Mary Heagley with fiscal year 2024 compensation of $174,839.

Revenue, expenses, and employee compensation

Revenue

$1,441,700

Expenses

$805,577

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Mary Heagley
Executive Vice President
$174,839
$156,936 No related comp$17,903
Jaclyn Joworisak
Secretary
$50,924
$42,576 No related comp$8,348
Christopher Stringer
Vice President and Chief Financial Officer
$27,028
$24,038 No related comp$2,990

Benchmark Employee Compensation

Non-Employee Board Members

Dr Merodie Hancock
President ex officio
$38,745
$33,191 No related comp$5,554
Nancy S Gloor
Board Chair
No compensation reported
James Kilgore
Director
No compensation reported
Carol Voorhees
Director
No compensation reported
Dolores R Kelley, Esq
Director, THRU 6/14/24
No compensation reported
Bruce D Garganio
Director
No compensation reported
Dr Ahmed A Azmy
Director
No compensation reported
Jeffrey Russo
Director
No compensation reported
Ronald A Gimbel
Director
No compensation reported
Lovepreet Buttar
Director
No compensation reported
Brian T Maloney
Director
No compensation reported
Daniel R Brenna Jr
Director
No compensation reported

Mission Statement

THE MISSION OF THE FOUNDATION IS TO INSPIRE DONORS TO INVEST IN THOMAS EDISON STATE UNIVERSITY'S POWER TO TRANSFORM LIVES AND BUILD A MORE COMPETITIVE WORKFORCE BY EMPOWERING ADULTS TO ATTAIN THEIR EDUCATIONAL GOALS.THOMAS EDISON STATE UNIVERSITY FOUNDATION IS A NONPROFIT 501(C)(3) ORGANIZATION. WHILE INDEPENDENT OF THOMAS EDISON STATE UNIVERSITY, THE FOUNDATION OPERATES EXCLUSIVELY FOR THE BENEFIT, SUPPORT AND PROMOTION OF THE UNIVERSITY AND ITS EDUCATIONAL ACTIVITIES AND MAY RECEIVE AND INVEST BEQUESTS, GIFTS OR TRANSFERS OF PROPERTY OR MONEY, AND EXPEND ANY SUCH FUNDS OR PROPERTY FOR THE INSTITUTION'S EDUCATIONAL PURPOSES.THE TWO MAIN EVENTS FOR FY24 WAS THE 30TH ANNUAL GOLF CLASSIC (MAY 2024) TO SUPPORT THE TESU SCHOLARSHIP FUND AND 2023 IMPACT AWARDS (OCTOBR 2023) TO SUPPORT THE MISSION OF TESUF.

Revisions to this organization profile

December 24, 2024:
2024 Thomas Edison State University Foundation Inc. 990 filed
October 18, 2023:
2023 Thomas Edison State University Foundation Inc. 990 filed
May 16, 2023:
2022 Thomas Edison State University Foundation Inc. 990 filed

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