Independent Colleges and Universities of New Jersey A Nj Nonprofit
ActiveEducation
About Independent Colleges and Universities of New Jersey A Nj Nonprofit
To support New Jersey’s independent colleges and universities by promoting student success, increasing access and affordability, advancing workforce development, supporting undergraduate research and scholarships, and advocating for policies that strengthen private higher education in New Jersey.
Focus Areas
Higher educationScholarshipsUndergraduate researchSTEM educationWorkforce developmentAdvocacy and policy
Who They Fund
studentsteachers and educatorseducational institutions (schools, colleges)
Funding Style
program supportgeneral operating support
About Independent Colleges and Universities of New Jersey A Nj Nonprofit
Independent Colleges and Universities of New Jersey a NJ Nonprofit Corporation centers its grantmaking on New Jersey’s independent colleges and universities, with education support written directly into its exempt-purpose grants. Recent awards show a steady pattern of institutional support for member campuses, including $127,200 to Saint Peter's University in Jersey City in 2023 and $63,167 to Caldwell University in Caldwell in 2024. The foundation also supports the broader student experience around those campuses, funding scholarships, mentoring, undergraduate research, and awards connected to the annual Undergraduate Research Symposium. The grant record points to a statewide higher-education intermediary rather than a broad discretionary funder. It gives to colleges and universities across New Jersey, with repeated support for institutions such as Saint Peter's University, Seton Hall University, Felician University, Bloomfield College, and Monmouth University. Several awards are tagged simply as furthering education as an exempt purpose, indicating general support for member institutions rather than narrow project-only grants. Its public program descriptions reinforce that structure: scholarship programs, student affordability support, undergraduate research awards, and workforce-development-related initiatives all flow through the same New Jersey independent-college network. The result is a grantmaker focused on student success and institutional capacity within that system.
What Independent Colleges and Universities of New Jersey A Nj Nonprofit Funds
A major thread in the foundation’s work is student affordability. It administers ICUNJ Scholarships, a scholarship program for cost of attendance at member independent colleges and universities in New Jersey, and it also promotes the state’s Tuition Aid Grant and Educational Opportunity Fund for eligible students attending participating institutions. Another visible area is undergraduate research. Through the Undergraduate Research Symposium, the foundation supports student awards, judging, and related scholarship and prize funding. Its research-award program is tied to undergraduate STEM projects and symposium participation, linking funding to hands-on student research development. Mentorship and workforce preparation also appear in its program structure. The ICUNJ Scholarships & Mentorships initiative supports students across the 13 member institutions with financial awards and mentorship opportunities, while the corporate-partners scholarship initiative is described as supporting scholarships and mentorship resources in connection with workforce development.
Financial Snapshot
Annual Giving
$1.2M
Total Assets
$2.9M
Total Revenue
$1.9M
Total Expenses
$1.8M
Typical Grant Size
Most grants fall between $18K and $40K, with a median of $26K.
25th Percentile
$18K
Median
$26K
75th Percentile
$40K
Geographic Reach
Local1 state funded
Funding intensity
LowHigh
Headquarters
Leadership
STEPHEN R REYNOLDS ESQ
Accepts unsolicited proposals
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