EIN 22-1487164

Drew University

IRS 501(c) type
501(c)(3)
Num. employees
1,290
Year formed
1868
Most recent tax filings
2022-06-01
Description
Drew University’s mission is to offer its diverse community of learners a challenging and individualized education shaped by a deep-rooted culture of mentoring, thoughtful engagement with the world beyond its campus, and a steadfast commitment.
Total revenues
$122,404,308
2022
Total expenses
$122,795,375
2022
Total assets
$245,004,521
2022
Num. employees
1,290
2022

Program areas at Drew University

The Drew University college of liberal arts affirms a commitment to its founding vision to offer its students a liberal arts education of the highest quality through a rigorous course of study. The college challenges students to explore the arts, natural sciences, social sciences,humanities, and interdisciplinary fields in depth and to develop their capacities for critical thought, problem solving, effective communication, creativity, self discipline, and empathy. As the college prepares students for academic and professional achievement, it provides them with essential skills for living and continuing to learn and to grow in an increasingly diverse and complex world.
The caspersen school of graduate studies was founded on the principle of the importance of interdisciplinary study in the humanities. The goal of the school's founders was to foster broadly educated people who have expertise in a field of thought but who are also familiar with and articulate in a range of humanistic studies. This mission continues to distinguish the caspersen school among institutions with doctoral programs in the humanities. Our intent is to train persons who are properly prepared not only in specific recognized fields but also ininterdisciplinary dialogue. We celebrate the joy of learning as we prepare able, well informed graduates who pursue careers in higher education, in the religious and medical communities, and in the broader intellectual world. As such, we are well positioned to meet the increasing call for interdisciplinary approaches both in the academy and in the wider world. Integral to our mission is encouraging our faculty and students alike to pursue creative research in the humanities and to make the results of their work available through teaching, participation in scholarly meetings, various forms of publication and intellectual discourse; to that end we continue to explore new possibilities of enhancing interdisciplinary studies in the humanities.
Drew theological school empowers leadership for a global christianity of justice, ecumenism, and the integrity of creation. Its pastoral, spiritual, and conceptual disciplines grow within an intimate liturgical and communal context, one that sustains multiple relations of difference. Through its particular historical commitments to african, asian, african-american, hispanic, and women's ministries, the theological school remains faithfully rooted in its methodist heritage. Drew nurtures christian practices through vital partnership with local churches and international networks of education. Trans-disciplinary interpretation of text, tradition, and experience energizes its scholarly vigor. Drew engenders theologies responsible to the complex realities of an interconnected world. Into that world, Drew sends pastors, preachers and prophets, deacons, activists, and teachers.
Other program expenses reflect educational program expenses not directly related to one of the schools described above. It includes an allocated method of program, auxiliary, and student service expenses. Other program activities also include expenses and revenues fromthe University's continuing education and summer programs.

Who funds Drew University

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Rose Lenox S TuwGeneral Operating$490,920
Schwab Charitable FundEducation$161,260
FM Kirby FoundationFor: Support of the Launch Program$125,000
...and 50 more grants received totalling $1,541,799
Federal funding details
Federal agencyProgram nameAmount
Department of EducationFEDERAL DIRECT STUDENT LOANS$9,385,065
Department of EducationFEDERAL PELL GRANT PROGRAM$2,379,582
Department of EducationEDUCATION STABILIZATION FUND$2,339,649
...and 5 more federal grants / contracts

Personnel at Drew University

NameTitleCompensation
Christin MartenInterim Chief Financial Officer
John VitaliVice President , Finance / Vice President for Finance and Administration / Vice President of Finance and Chief Financial Officer / Vice President Finance and Administration$177,973
Frank MerckVice President Enrollment Management$166,301
Frank MerckxVice President for Campus Life and Student Affairs and Dean of Students
Gregory SmithVice President for Facilities and Campus Ops. / Assistant Vice President Fac Campus Operations$182,363
...and 11 more key personnel

Financials for Drew University

RevenuesFYE 06/2022
Total grants, contributions, etc.$22,317,911
Program services$94,536,591
Investment income and dividends$650,064
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$3,130,356
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$1,769,386
Total revenues$122,404,308

Form 990s for Drew University

Fiscal year endingDate received by IRSFormPDF link
2022-062023-05-02990View PDF
2021-062022-07-11990View PDF
2020-062021-05-26990View PDF
2019-062021-02-26990View PDF
2019-062021-01-21990View PDF
...and 9 more Form 990s

Organizations like Drew University

OrganizationLocationRevenue
Bethany Lutheran College & Seminary (BLC)Mankato, MN$36,614,308
Northwestern Media (UNWSP)Saint Paul, MN$124,304,779
Simpson CollegeIndianola, IA$65,440,867
Madonna UniversityLivonia, MI$60,810,151
Roberts Wesleyan CollegeRochester, NY$61,007,244
Fresno Pacific University (FPU)Fresno, CA$92,044,682
Lafayette CollegeEaston, PA$266,381,429
Gustavus Adolphus CollegeSaint Peter, MN$183,510,862
Wittenberg UniversitySpringfield, OH$89,895,310
Georgetown CollegeGeorgetown, KY$70,520,784
Data update history
July 20, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 13, 2023
Used new vendors
Identified 10 new vendors, including , , , , , , , , , and
July 3, 2023
Updated personnel
Identified 9 new personnel
May 7, 2023
Received grants
Identified 1 new grant, including a grant for $4,000 from The Kenneth Martin and Christine Hepburn Foundation
March 1, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
SchoolsHigher ed institutionsHeadquarter / parent organizations
Issues
Education
Characteristics
ChristianReligiousLobbyingOperates internationallyReceives government fundingEndowed supportProvides scholarshipsFundraising races, competitions, and tournamentsTax deductible donations
General information
Address
36 Madison Ave
Madison, NJ 07940
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
Morris County, NJ
Website URL
drew.edu/ 
Phone
(973) 408-3000
Facebook page
DrewUniversity 
Twitter profile
@drewuniversity 
IRS details
EIN
22-1487164
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1868
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B42: Undergraduate College (4-year)
NAICS code, primary
611310: Colleges, Universities, and Professional Schools
Parent/child status
Central organization
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