Kean University Foundation, Inc.

Each year, the foundation seeks to raise increased year over year philanthropic support. During the 2020-21 Academic year, the Kean University Foundation seeks to secure $5,500,000 in philanthropic support to the students, faculty, and academic programs of Kean University. Enriching the educational experience for all students pursuing their undergraduate and graduate degrees.

Kean University Foundation’s fundraising strategies include current and deferred gifts from Board members, faculty and staff, alumni, and friends; corporate and foundation gifts and grants; and an annual giving program including direct mail targeting all private-sector sources. We seek support for current general operations, scholarships, and academic programs, as well as endowed gifts to aid Kean University in perpetuity.

Paralleling higher education philanthropy in general, Kean University Foundation’s staff is skewed towards securing major gifts from individuals, corporations, and foundations. To that end, the staff is currently composed of eight which includes frontline fundraising positions in Annual Fund, Major Gifts, Planned Gifts, and Corporate and Foundation Relations.

Over the past ten years, the foundation has secured an average of $4,226,349 from 2,489 gifts. This includes receipt in the prior two academic years two of the largest gifts ($2,500,000 and $7,000,000 respectively) in the Foundations 36-year history.

The Kean University Foundation celebrates a 78% revenue growth (year over year) with a 24% donor increase in tandem. Over the last five years, more than 9,00 individual donors contributing over $22,200,000.00.