NEW JERSEY INSTITUTE OF TECHNOLOGY FOUNDATION
NEWARK, NJ · Education
Mission
ESTABLISHED IN 1959, THE FOUNDATION IS A 501(C)(3) TAX-EXEMPT ORGANIZATION THAT RAISES, INVESTS, AND DISTRIBUTES PHILANTHROPIC GIFTS ON BEHALF OF NEW JERSEY INSTITUTE OF TECHNOLOGY (NJIT), THE STATE'S PUBLIC POLYTECHNIC UNIVERSITY. IN CONNECTING ALUMNI AND FRIENDS WITH NJIT'S INNOVATIVE PROGRAMS, RESEARCH-ACTIVE FACULTY, AND TALENTED AND HARDWORKING STUDENTS, THE FOUNDATION ADVANCES NJIT'S PURSUIT OF ITS MISSION OF EDUCATION, RESEARCH, SERVICE, AND ECONOMIC DEVELOPMENT.
Financials (IRS Form 990)
Source: IRS Form 990, tax year 2024.
Who funds NEW JERSEY INSTITUTE OF TECHNOLOGY FOUNDATION
$32.4M in foundation grants on record from 65 funders — matched from IRS 990 grant line items. Some matches may be approximate.
| Funder | Total given | Grants |
|---|---|---|
| Table to Table | $12.6M | 4 |
| New Jersey Health Officers Association | $4M | 1 |
| New Jersey Innovation Institute | $3M | 1 |
| Donor Advised Charitable Giving | $2.1M | 4 |
| America East Conference | $2M | 4 |
| Vanguard Charitable Endowment Program | $1.2M | 4 |
| Johns Hopkins University | $1.1M | 4 |
| National Collegiate Athletic Association | $953K | 3 |
| Fidelity Investments Charitable Gift Fund | $866K | 4 |
| New Jersey Health Foundation | $723K | 3 |
Leadership
KENNETH ALEXO JR (Principal officer)
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