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.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 4 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Education organizations in New Jersey.
- Base
- $154k
- Bonus
- —
- Other
- $3k
- Benefits
- $5k
- Base
- $42k
- Bonus
- —
- Other
- $517
- Benefits
- $5k
- Base
- $18k
- Bonus
- —
- Other
- $15k
- Benefits
- $232
- Base
- $24k
- Bonus
- —
- Other
- $296
- Benefits
- $1k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Executive VP Executive Vice President 25th percentile to medianvs Education peers nationwide | $154k | — | $3k | $5k | $175k $195k |
Secretary Secretary (Operational) 25th percentile to medianvs Education peers nationwide | $42k | — | $517 | $5k | $51k $57k |
President, Ex-officio 10th to 25th percentile | $18k | — | $15k | $232 | $39k $43k |
VP & CFO 25th percentile to median | $24k | — | $296 | $1k | $27k $30k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 25 unpaid individuals.
Top pay as a share of expenses
In 2023, the highest total compensation at THOMAS EDISON STATE UNIVERSITY FOUNDATION INC equaled 22% of the organization's total expenses. The median for education organizations is 7%.
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.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about THOMAS EDISON STATE UNIVERSITY FOUNDATION INC
What does the Executive Vice President of THOMAS EDISON STATE UNIVERSITY FOUNDATION INC earn?
In 2023, the Executive Vice President of THOMAS EDISON STATE UNIVERSITY FOUNDATION INC received $174,839 in total compensation. This pay is below the median (the midpoint) for Executive Vice President roles among Education organizations nationwide, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.
How does Executive Vice President pay at THOMAS EDISON STATE UNIVERSITY FOUNDATION INC compare with similar nonprofits?
Compared with the same role at Education organizations nationwide, the 2023 pay of the Executive Vice President at THOMAS EDISON STATE UNIVERSITY FOUNDATION INC falls between the 25th percentile and the median. In 2023, the highest total compensation at THOMAS EDISON STATE UNIVERSITY FOUNDATION INC equaled 22% of the organization's total expenses. The median for education organizations is 7%.
What are THOMAS EDISON STATE UNIVERSITY FOUNDATION INC's revenue and expenses?
In 2023, THOMAS EDISON STATE UNIVERSITY FOUNDATION INC reported $1.4M in total revenue and $806k in total expenses on its IRS Form 990.
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