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New Jersey · Nonprofit

RESEARCH AND DEVELOPMENT COUNCIL OF NEW JERSEY INC

RESEARCH AND DEVELOPMENT COUNCIL OF NEW JERSEY INC (New Jersey) receives grants from 10 organizations whose IRS filings report $833,810 to it, the largest being VICTORIA FOUNDATION INC ($190,000). 6 of them have funded it in more than one year.

Revenue FY2025
$1.0M
Funders on record
10
Grants received
$834k
Net assets
$527k
6/10 repeat funderspeak grant-dependency 20%
01What it does

What Research and Development Council of New Jersey Inc does

Mission

The Council's purpose is to advance research and development in New Jersey and promote excellence in STEM education through the assimilation and distribution of information, facilitation of stakeholders and constituents,and developing and implementing programs regarding R&D and STEM throughout the state.

As stated on its FY2025 Form 990.

Programs

  1. State of New Jersey Grant Funding provided to support the mission of the R&D Council to foster collaboration among leaders in industry, academia and government to drive New Jerseys innovation economy.

    $439,490 spent$238,000 earned by the program
    45% of program spending
  2. The New Jersey STEM Pathways Network, a strategic public-private alliance, aims to attract, cultivate and retain a 21st Century workforce in New Jersey, ensuring the state remains a top global competitor in STEM industry and continues its rich history of innovation. This network includes over 500 representatives from K-12, higher education, business, non-profits and government. It meets as a whole on a quarterly basis to discuss issues and solutions affecting the New Jersey STEM pipeline and incudes four working groups focused on STEM in early learning, computer science, teacher training and recruitment, and workforce development. NJSPN also manages New Jerseys five STEM learning ecosystems which are national recognized.

    $279,739 spent$234,946 earned by the program
    29% of program spending
  3. The Council hosts an annual awards ceremony and dinner to recognize achievements in Research and Development by awarding the Thomas Alva Edison Patent Award for exceptional patents developed in New Jersey.

    $135,810 spent$245,054 earned by the program
    14% of program spending
  4. The Governor's STEM Scholars is a public private partnership developed with the Governor's office, Department of Education and the Secretary of Higher Education. The program enrolls 70, 10th grade through PhD level, students who excel in STEM studies. The Scholars participate in a yearlong program that includes four conferences highlighting New Jersey' STEM enonomy. Further, the program provides STEM networking oppotunities, internships and field trips four our Scholars.

    $92,374 spent$2,003 earned by the program
    9% of program spending
  5. The Newark STEAM Coalition is to create a resource-rich ecosystem that prepares Newarks PreK-16 students to fully participate in a 21st Century workforce. The Coalitions goal is to develop Newarks future STEAM workforce by closing education, access and opportunity gaps through collaborations among businesses, institutions of higher education, school district leadership, youth-service providers, science and cultural institutions and workforce development.

    $19,523 spent$9,525 earned by the program
    2% of program spending
  6. The mission of the CS4NJ Coalition (CS4NJ) is to promote and support equitable high-quality, standards-based Computer Science education for all New Jersey K-12 students by leveraging the strengths, resources and relationships of New Jersey universities, nonprofits, and other stakeholders.

    $12,300 spent
    1% of program spending

The 6 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $979,236.

02The organization over time

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.

100 = 20172017 Revenue 100 ($168k) Expenses 100 ($186k) Net assets 100 ($19k)2018 Revenue 356 ($599k) Expenses 311 ($579k) Net assets 205 ($38k)2020 Revenue 433 ($727k) Expenses 382 ($711k) Net assets 681 ($127k)2021 Revenue 753 ($1.3M) Expenses 532 ($990k) Net assets 2160 ($403k)2022 Revenue 516 ($868k) Expenses 384 ($714k) Net assets 2983 ($557k)2023 Revenue 779 ($1.3M) Expenses 645 ($1.2M) Net assets 3564 ($665k)2024 Revenue 729 ($1.2M) Expenses 585 ($1.1M) Net assets 4298 ($802k)2025 Revenue 603 ($1.0M) Expenses 692 ($1.3M) Net assets 2826 ($527k)
'17'18'20'21'22'23'24'25
Revenue (603)Expenses (692)Net assets (2826)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $127k to $403k (+217%).

$19k
$38k
$127k
$403k
$557k
$665k
$802k
$527k
'17'18'20'21'22'23'24'25
Total assetsTotal liabilities

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.

2017
2018
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2023 37% · 2024 40% · 2025 37%. Grants only. Government contracts and fees sit inside program revenue.

48% of RESEARCH AND DEVELOPMENT COUNCIL OF NEW JERSEY INC’s revenue is contributions — about as donation-reliant as the typical peer (67% for the typical peer).

This organization
Typical peer · 498 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 reported years ran a deficit.

−$18k
’17
$20k
’18
$16k
’20
$276k
’21
$154k
’22
$108k
’23
$137k
’24
−$275k
’25
4.9
months of
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.

Board chair

Colleen E Ruegger RPh PhD

Chairman

As listed on its FY2025 Form 990.

'17'18'20'21'22'23'24'25
Listed2630303331313233
Joined·+6·+16+10+2+7+5
No longer listed·2·1312264
03Who funds it

Who funds it, year by year

2018 → 2023: the base broadened from 2 funders to 7 funders, grant income rose $90k → $153k.

3 of 10 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 39% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of RESEARCH AND DEVELOPMENT COUNCIL OF NEW JERSEY INC’s funders (the co-funder graph). 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

RESEARCH AND DEVELOPMENT COUNCIL OF NEW JERSEY INC has a broad base — no single funder exceeds 23% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

52% 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 RESEARCH AND DEVELOPMENT COUNCIL OF NEW JERSEY INC.

23%
largest funder
60%
top three
~6
effective funders

Largest funder’s share by year: 2018 78% · 2020 66% · 2021 68% · 2022 48% · 2023 33% — 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

25% of RESEARCH AND DEVELOPMENT COUNCIL OF NEW JERSEY INC's funders are still giving 3 years after their first grant; 60% give in more than one year at all.

first grant+1y+2y+3y

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

86% of RESEARCH AND DEVELOPMENT COUNCIL OF NEW JERSEY INC's grant income comes from New Jersey funders.

OH
NJ

In-state vs out-of-state, by year

’18
’20
’21
’22
’23
New Jersey out of state home

Funder states come from each funder’s own filing. $329k arriving through sponsors registered in 3 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.

04Its place in the field

Against its field

RESEARCH AND DEVELOPMENT COUNCIL OF NEW JERSEY INC has grown faster than three-quarters of the 210 science & tech nonprofits its size.

Operating margin−27% · bottom quartile
Months of reserve4.9mo · above the median
Revenue growth (annualized)25% · top quartile

this organization peer median middle 50% of peers· 210 science & tech nonprofits $1M–$10M, FY2025

Organizations like RESEARCH AND DEVELOPMENT COUNCIL OF NEW JERSEY INC

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

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

76% of spending goes to programs.

Program 76%Management 8%Fundraising 16%

Governance

33
board members
100%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990✓Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

NJ

Screen this organization

A dated, signed PDF of the compliance screen for RESEARCH AND DEVELOPMENT COUNCIL OF NEW JERSEY INC: 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 RESEARCH AND DEVELOPMENT COUNCIL OF NEW JERSEY INC?
RESEARCH AND DEVELOPMENT COUNCIL OF NEW JERSEY INC (New Jersey) receives grants from 10 organizations whose IRS filings report $833,810 to it, the largest being VICTORIA FOUNDATION INC ($190,000). 6 of them have funded it in more than one year.
How many funders does RESEARCH AND DEVELOPMENT COUNCIL OF NEW JERSEY INC have?
IRS filings report 10 organizations giving $833,810 in grants to RESEARCH AND DEVELOPMENT COUNCIL OF NEW JERSEY INC, 6 of which have funded it in more than one year.
Who is the largest funder of RESEARCH AND DEVELOPMENT COUNCIL OF NEW JERSEY INC?
VICTORIA FOUNDATION INC is the largest funder on record, with $190,000 in grants. The full list of funders is on this page.
How can an organization like RESEARCH AND DEVELOPMENT COUNCIL OF NEW JERSEY INC 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 10 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 14, 2026. What this page cannot tell you · view filing