Montclair State University Foundation

Montclair State University sustains its reputation for excellence in part by providing exceptional curricular and programmatic activities which foster a high quality learning environment. The Foundation provides needed support to colleges/schools on the University campus towards this endeavor, augmenting State budgeted funds with additional funding for enhanced course curriculum, the operations of institutes which further learning, and other essential needs. Funding is received from individuals, corporations, private foundations and other sources. The Foundation manages over 600 funds which have been created based on donor restrictions towards these purposes. Funds may be temporarily restricted or permanently restricted (endowed) based on donor intent. Top programs supported in fiscal 2022 included the center for entrepreneurship, the school of communications & media, research programs for environmental sustainability, its center for autism, its center for human trafficking and its science scholars & eco-explorer's programs. Foundation support often serves as the sole source of funding in order to sustain these vital initiatives.

The Foundation managed an annual event to provide resources to University student-athletes as they balance their athletic commitments with educational priorities. For fiscal 2022 the net proceeds of the golf outing were used in continued support of virtual broadcasting capabilities for all sporting events in a social media environment.

The Foundation manages in excess of 250 funds established to award scholarships for the student population of Montclair State University. Scholarship funds are available to students based on need or merit. Additionally, such funds permit the award to students at the admissions level and/or are restricted to a specific college/school, department, major or other defined criteria. Funding towards scholarships is generated from individuals, corporations, private foundations, events and other sources. Funds may be temporarily restricted or permanently restricted (endowed) based on donor intent. The Foundation, in serving the needs of Montclair State University, acknowledges that one of the top priorities for fundraising stems from the need to meet the challenges regarding the cost of education for today's students. The Foundation focuses on both short-term and long-term needs, factoring increasing student enrollment, the economy, State funding to the University, and long range growth plans of the University; among other factors. Scholarship awards continue to increase and for fiscal 2022 in excess of 1,200 awards were made to both need and merit based students.