New Jersey · Nonprofit
RAMAPO COLLEGE FOUNDATION
RAMAPO COLLEGE FOUNDATION (New Jersey) receives grants from 79 organizations whose IRS filings report $8,268,765 to it, the largest being THE RUSSELL BERRIE FOUNDATION ($3,798,136). 38 of them have funded it in more than one year.
- Revenue FY2025
- $9.4M
- Funders on record
- 79
- Grants received
- $8.3M
- Net assets
- $37M
What Ramapo College Foundation does
Mission
The Ramapo College Foundation, founded in 1971, is a nonprofit corporation organized under the laws of the state of new jersey for the benefit of ramapo college of new jersey. It provides unrestricted, restricted and capital support to the college to meet the academic needs of approximately 6,000 students and a faculty and staff of approximately 800. The college has over 30,000 alumni and 3,000 friends, donors and volunteers.
As stated on its FY2025 Form 990.
Programs
Unrestricted revenues are raised to fund a grant allocation process which allows faculty, staff and student organizations to apply for support through a competitive process. These grants support professional development, fund undergraduate research, and support visiting lecturers or scholars. The foundation also funds faculty fellowships for the college as well as sponsors special programs to advance the academic mission of the college.
$2,438,116 spentof which $1,851,122 as grants$171,708 earned by the program58% of program spendingRaising funds to award need-based, merit-based, or study-abroad scholarships is a priority of the foundation. Over 620 student scholarships were awarded in fiscal year 2025 totaling more than $978,000. Over the past 5 years student scholarships increased 47%. Endowed scholarship principal increased by $4,878,000. The foundation received its largest gift the history of the college. The rate of return on all endowed investments was 11.2%. Over the last 5 years there has been a 61% increase in the overall endowment value.
$1,064,361 spentof which $1,064,361 as grants25% of program spendingThe foundation raises funds to support the renovations of college buildings, as well as various academic positions. This enhances the quality of teaching and learning on the campus and supports objectives as outlined in the college's strategic plan.
$682,690 spentof which $682,690 as grants16% of program spending
The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $4,185,167.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $30M to $38M (+24%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2022 22% · 2023 23% · 2024 19% · 2025 8%. Grants only. Government contracts and fees sit inside program revenue.
86% of RAMAPO COLLEGE FOUNDATION’s revenue is contributions — more donation-reliant than the typical peer (48% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Christopher Romano
Ex officio, exec. Dir.
Board chair
Keith Dawkins
Chair
As listed on its FY2025 Form 990.
The chief executive listed changed between the FY2022 and FY2023 filings.
Who funds it, year by year
2017 → 2023: the base broadened from 12 funders to 24 funders, grant income rose $213k → $1.0M.
14 of 79 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 20% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
Left out of every figure on this page: $20k from one payer (the payer shares this organization's board, largest The Valley Hospital Inc). These are real filings, and they are not money RAMAPO COLLEGE FOUNDATION raised.
From the IRS filings of RAMAPO COLLEGE FOUNDATION’s funders (the co-funder graph). Top 30 of 79 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
RAMAPO COLLEGE FOUNDATION leans on a few funders — its largest provides 46% of grant income and the top three 62%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
28% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund RAMAPO COLLEGE FOUNDATION.
Largest funder’s share by year: 2017 55% · 2018 35% · 2019 82% · 2020 47% · 2021 45% · 2022 45% · 2023 43% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
32% of RAMAPO COLLEGE FOUNDATION's funders are still giving 3 years after their first grant; 48% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
71% of RAMAPO COLLEGE FOUNDATION's grant income comes from New Jersey funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $1.7M arriving through sponsors registered in 13 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
RAMAPO COLLEGE FOUNDATION runs a healthier operating margin than three-quarters of the 9,615 education nonprofits its size.
this organization peer median middle 50% of peers· 9,615 education nonprofits $1M–$10M, FY2025
Government funding RAMAPO COLLEGE FOUNDATION receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $801k on record.
- GRANT IN AID$777k
- DIRECT STATE SERVICES - NON-SALARY$17k
- DEDICATED$4k
- TRUST FUND$3k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like RAMAPO COLLEGE FOUNDATION
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In New Jersey
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
92% of spending goes to programs.
Governance
Public support
59%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for RAMAPO COLLEGE FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds RAMAPO COLLEGE FOUNDATION?
- RAMAPO COLLEGE FOUNDATION (New Jersey) receives grants from 79 organizations whose IRS filings report $8,268,765 to it, the largest being THE RUSSELL BERRIE FOUNDATION ($3,798,136). 38 of them have funded it in more than one year.
- How many funders does RAMAPO COLLEGE FOUNDATION have?
- IRS filings report 79 organizations giving $8,268,765 in grants to RAMAPO COLLEGE FOUNDATION, 38 of which have funded it in more than one year.
- Who is the largest funder of RAMAPO COLLEGE FOUNDATION?
- THE RUSSELL BERRIE FOUNDATION is the largest funder on record, with $3,798,136 in grants. The full list of funders is on this page.
- How can an organization like RAMAPO COLLEGE FOUNDATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in New Jersey. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 79 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing