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Filing year 2023

KEAN UNIVERSITY FOUNDATION INC

Union, New Jersey·EIN 22-2849480·NTEE B110 · Education·501(c)(3)
Total revenue
$10.1M
Total assets
$111.1M
Total expenses
$9.8M
Reported officers
32
Mission

THE ORGANIZATION RAISES FUNDS TO SUPPORT KEAN UNIVERSITY

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 7 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Education organizations in New Jersey.

CEO
75th to 90th percentile
$277k
$310k
Base
$263k
Bonus
Other
Benefits
$4k
COO
Median to 75th percentilevs Education peers nationwide
$180k
$202k
Base
$174k
Bonus
Other
Benefits
Cdo
Median to 75th percentilevs Education peers nationwide
$158k
$177k
Base
$143k
Bonus
Other
Benefits
$10k
Director of Planned Giving
Highest Compensated Employee
Below 10th percentile
$114k
$128k
Senior Director of Annual Giving
Highest Compensated Employee
Below 10th percentile
$110k
$123k
Philanthropy Officer
Highest Compensated Employee
Below 10th percentile
$108k
$121k
Director of Data Mgmt
Highest Compensated Employee
Below 10th percentile
$103k
$115k

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 25 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at KEAN UNIVERSITY FOUNDATION INC equaled 3% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
3%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Down 9%
from 2022

From $303k in 2022 to $277k in 2023.

$303k
2022
$277k
2023
In today's dollarsEst.
Down 12% in real terms$353k to $310k

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay fell 9% from 2022 to 2023, while revenue held roughly steady.

$303k in 2022 to $277k in 2023.
  • Chief Operating Officer pay rose 7% from 2022 to 2023.
  • Chief Development Officer pay rose 26% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about KEAN UNIVERSITY FOUNDATION INC

What does the Chief Executive Officer of KEAN UNIVERSITY FOUNDATION INC earn?

In 2023, the Chief Executive Officer of KEAN UNIVERSITY FOUNDATION INC received $276,591 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Education organizations in New Jersey, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at KEAN UNIVERSITY FOUNDATION INC compare with similar nonprofits?

Compared with the same role at Education organizations in New Jersey, the 2023 pay of the Chief Executive Officer at KEAN UNIVERSITY FOUNDATION INC falls between the 75th and 90th percentiles. In 2023, the highest total compensation at KEAN UNIVERSITY FOUNDATION INC equaled 3% of the organization's total expenses. The median for education organizations is 7%.

What are KEAN UNIVERSITY FOUNDATION INC's revenue and expenses?

In 2023, KEAN UNIVERSITY FOUNDATION INC reported $10.1M in total revenue and $9.8M in total expenses on its IRS Form 990.

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