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Filing year 2023

WILLIAM PATERSON UNIVERSITY OF NEW JERSEY FOUNDATION INC

Wayne, New Jersey·EIN 22-3160107·501(c)(3)
Total revenue
$5.5M
Total assets
$54.3M
Total expenses
$2.6M
Reported officers
24
Mission

THE MISSION OF THE WILLIAM PATERSON UNIVERSITY OF NEW JERSEY FOUNDATION, INC. IS DEDICATED TO SECURE PHILANTHROPIC FUNDING THROUGH THE IDENTIFICATION AND PURSUIT OF PRIVATE GIFTS, GRANTS, AND ENDOWMENTS. THE FOUNDATION WILL BE THE STEWARD OF THESE FUNDS. IN DOING SO, THIS EFFORT WILL HELP POSITION WILLIAM PATERSON UNIVERSITY AS A PREEMINENT PUBLIC INSTITUTION OF HIGHER LEARNING IN NEW JERSEY. SUCCESS IN PART, WILL BE RECOGNIZED AS THE UNIVERSITY'S POSITION AMONG THE ACADEMIC AND BUSINESS COMMUNITY ADVANCES. THE FOUNDATION IS ALSO DEDICATED TO PROVIDE THE HIGHEST LEVEL OF CUSTOMER SERVICE TO OUR DONORS, MEMBERS OF THE UNIVERSITY COMMUNITY, AND OTHER CONSTITUENT GROUPS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

President
Median to 75th percentile
$128k
$144k
Base
$96k
Bonus
Other
$5k
Benefits
$10k

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 23 unpaid individuals.

Up 4%
from 2022

From $123k in 2022 to $128k in 2023.

$123k
2022
$128k
2023
In today's dollarsEst.
Roughly flat in real terms$143k to $144k

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 rose 4% from 2022 to 2023, while revenue rose 40%.

$123k in 2022 to $128k in 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.
Financial trend

Revenue and expenses over time

WILLIAM PATERSON UNIVERSITY OF NEW JERSEY FOUNDATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$3.9M
$2.9M
2022
$5.5M
$2.6M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about WILLIAM PATERSON UNIVERSITY OF NEW JERSEY FOUNDATION INC

What does the Chief Executive Officer of WILLIAM PATERSON UNIVERSITY OF NEW JERSEY FOUNDATION INC earn?

In 2023, the Chief Executive Officer of WILLIAM PATERSON UNIVERSITY OF NEW JERSEY FOUNDATION INC received $128,210 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among nonprofits nationwide, across all sectors, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at WILLIAM PATERSON UNIVERSITY OF NEW JERSEY FOUNDATION INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at WILLIAM PATERSON UNIVERSITY OF NEW JERSEY FOUNDATION INC falls between the median and the 75th percentile.

What are WILLIAM PATERSON UNIVERSITY OF NEW JERSEY FOUNDATION INC's revenue and expenses?

In 2023, WILLIAM PATERSON UNIVERSITY OF NEW JERSEY FOUNDATION INC reported $5.5M in total revenue and $2.6M in total expenses on its IRS Form 990.

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