This organization files Form 990, which has no section for application policy. Its filings cannot say either way.
The latest filing we hold carries no statement about applications. That is not the same as closed: public-charity Form 990s have no field for it, and many foundations leave the section blank.
Grants paid by year
Total assets by year
Where the money went · FY2025
Form 990 splits expenses into program services, management and fundraising. The split is self-reported, and a grantmaker, a research institute and a direct-service nonprofit book the same work differently. A line the return does not carry reads "not available"; it is never counted as zero.
| Year | Form | Revenue | Expenses | Grants paid | Assets | Net assets |
|---|---|---|---|---|---|---|
| FY2025 | 990 | $37,666,775 | $11,715,442 | $10,732,731 | $217,605,738 | $213,447,931 |
| FY2023 | 990 | $14,094,600 | $9,939,238 | $9,159,988 | $171,872,000 | $168,414,327 |
| FY2022 | 990 | $19,080,456 | $9,265,289 | $8,471,890 | $157,150,311 | $154,517,773 |
| FY2021 | 990 | $21,630,945 | $9,335,412 | $8,933,713 | $177,817,526 | $174,446,802 |
Figures are as reported on the e-filed return, with no restatement. Fiscal years are the funder's own tax year, labelled by the calendar year the period ends in. A blank line means the return does not carry that figure; a real zero shows as $0. When an amended return replaces an original, every figure here uses the amended return. The original is not shown. Giving is what the funder actually paid out toward its charitable purpose in the year (qualifying distributions on Form 990-PF, charitable disbursements otherwise). Assets are what it holds; giving is what moves.
Recipient focus areas
Where recipients are
Based on the 56% of grant rows we could match to an organization record. The rest stay as reported. The IRS assigns the NTEE category when it grants exemption. It often reflects the original filing, not today's giving.
| Recipient | Purpose | Amount | Year | Source |
|---|---|---|---|---|
| NJ INSTITUTE OF TECHNOLOGYNEWARK, NJ | SCHOLARSHIP, FELLOWSHIP AND OTHER GRANTS | $10,652,252 | 2025 | |
Recipients are shown as the funder wrote them on the return. A recipient with a link was matched to an organization record; the rest stay as reported and are never guessed.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Teik C Lim | DIRECTOR | 1.00 | $0 |
| John A Pelesko | DIRECTOR | 1.00 | $0 |
| Atam Dhawan | DIRECTOR | 1.00 | $0 |
| Andrew P Christ | DIRECTOR |
From the officer list on the latest e-filed return. Compensation is as reported there; a blank means the return carries no figure.
| SCHOLARSHIP, FELLOWSHIP AND OTHER GRANTS |
| $9,141,967 |
| 2023 |
| NJ INSTITUTE OF TECHNOLOGYNEWARK, NJ | SCHOLARSHIP, FELLOWSHIP AND OTHER GRANTS | $8,924,205 | 2021 |
| NJ INSTITUTE OF TECHNOLOGYNEWARK, NJ | SCHOLARSHIP, FELLOWSHIP AND OTHER GRANTS | $8,455,523 | 2022 |
| NEW JERSEY INNOVATION INSTITUTE INCNEWARK, NJ | GRANT FOR COMMUNITY ENTREPRENEURS PROGRAM | $75,000 | 2025 |
| PI KAPPA PHINEWARK, NJ | CONSTRUCTION/FURNISHING OF CHAPTER HOUSE | $18,021 | 2023 |
| BETAALPHACHPTR-PI KAPPA PHINEWARK, NJ | CONSTRUCTION/FURNISHING OF CHAPTER HOUSE | $16,367 | 2022 |
| BETAALPHACHPTR-PI KAPPA PHINEWARK, NJ | CONSTRUCTION/FURNISHING OF CHAPTER HOUSE | $9,508 | 2021 |
| PI KAPPA PHINEWARK, NJ | CONSTRUCTION/FURNISHING OF CHAPTER HOUSE | $5,479 | 2025 |
| 1.00 |
| $0 |
| Catherine Z Brennan | SECRETARY (THRU 05/2025) | 3.00 | $0 |
| Kenneth Alexo Jr | PRESIDENT (THRU 09/2024) | 35.00 | $0 |
| Elizabeth Kornstein | INTERIM PRESIDENT (09/24-04/25) | 1.00 | $0 |
| Michael Wall | INTERIM PRESIDENT (AS OF 04/2025) | 1.00 | $0 |
| Steven Saperstein | CHAIRMAN (AS OF 12/2024) | 1.00 | $0 |
| Robert Medina | CHAIRMAN (THRU 12/2024)/DIRECTOR | 1.00 | $0 |
| Arthur A Kapoor | VICE CHAIRMAN | 1.00 | $0 |
| Kenneth M Colao | VICE CHAIRMAN | 1.00 | $0 |
| Stephen Kenney | SECRETARY (AS OF 06/2025) | 1.00 | $0 |
| Steven Annunziato | DIRECTOR (THRU 05/2025) | 1.00 | $0 |
| Siddhartha Bala | DIRECTOR (THRU 01/2025) | 1.00 | $0 |
| Alfred A De Seta | DIRECTOR | 1.00 | $0 |
| Angelo Del Russo | DIRECTOR | 1.00 | $0 |
| Jonathan F Echeverria | DIRECTOR | 1.00 | $0 |
| Kim Y Felix | DIRECTOR (THRU 07/2025) | 1.00 | $0 |
| Donald Flood | DIRECTOR | 1.00 | $0 |
| Carlos Fonseca | DIRECTOR | 1.00 | $0 |
| Charles Forman | DIRECTOR | 1.00 | $0 |
| Caren L Freyer Desouza | DIRECTOR | 1.00 | $0 |
| John J Fumosa | DIRECTOR (THRU 06/30/2025) | 1.00 | $0 |
| David T Gockel | DIRECTOR | 1.00 | $0 |
| Christine Guzman | DIRECTOR (AS OF 02/2025) | 1.00 | $0 |
| Nancy Hall | DIRECTOR (AS OF 10/2024) | 1.00 | $0 |
| Daniel A Henderson | DIRECTOR | 1.00 | $0 |
| Robert J Hillier | DIRECTOR | 1.00 | $0 |
| Sonya Kakka | DIRECTOR (THRU 02/2025) | 1.00 | $0 |
| Ralph M Maddalena | DIRECTOR (THRU 04/2025) | 1.00 | $0 |
| John Mccann | DIRECTOR | 1.00 | $0 |
| Raymond J Mcgowan | DIRECTOR | 1.00 | $0 |
| Pascal Montilus | DIRECTOR (THRU 06/30/2025) | 1.00 | $0 |
| Patrick Natale | DIRECTOR | 1.00 | $0 |
| Kathleen Natriello | DIRECTOR | 1.00 | $0 |
| George M Newcombe | DIRECTOR | 1.00 | $0 |
| Michael D Pages | DIRECTOR | 1.00 | $0 |
| Marjorie A Perry | DIRECTOR | 1.00 | $0 |
| Paul V Profeta | DIRECTOR (THRU 10/2024) | 1.00 | $0 |
| Mark Romanski | DIRECTOR | 1.00 | $0 |
| Gregory Sauter | DIRECTOR | 1.00 | $0 |
| John W Seazholtz | DIRECTOR | 1.00 | $0 |
| Stephanie Tonic | DIRECTOR | 1.00 | $0 |
| Martin Tuchman | DIRECTOR | 1.00 | $0 |
| Kim V Vierheilig | DIRECTOR (THRU 11/2024) | 1.00 | $0 |
Nearest by size, location and giving pattern in the database. Geography weighs heavily. Treat it as a starting list, not a ranking of fit.
Form 990 · FY2024 · period ending Jun 30, 2024IRS bulk XML
Filing id 202531289349300343
Form 990 · FY2023 · period ending Jun 30, 2023IRS bulk XML
Filing id 202441319349303049
Form 990 · FY2022 · period ending Jun 30, 2022
Filing id 202331299349301228
Form 990 · FY2021 · period ending Jun 30, 2021
Filing id 202231299349301008
IRS filings are the source for every fact on this page. Nothing a model writes is ever a source; it can only point at a row here.