GrantAuthority

New Jersey Institute of Technology Foundation

Grantmaking foundation in Newark, New Jersey · EIN 22-1714037

Total giving
$11MTax year 2025
Total assets
$220MLatest reported
Latest IRS filing
2025Form 990 / 990-PF

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.

Quoted from the foundation's IRS filing.

Giving by year

$8.9M2020
$8.9M2021
$8.5M2022
$9.2M2023
$11M2024
$11M2025

Totals by tax year, rounded to two significant figures. Years without a reported total show the sum of grants itemized on the filing.

Top recipients

RecipientAmountTax year
Nj Institute of Technology$8.5M2021
Betaalphachptr-Pi Kappa Phi$16K2021

Amounts are rounded. The full grantee list is available with a free account.

Website: www.njit.edu/development/foundation-njit

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Source: IRS Form 990 and 990-PF filings, tax year 2025. Also see this organization on ProPublica Nonprofit Explorer.