Kean University Foundation

Kean University Foundation

The Kean University Foundation was established in 1984 to secure and manage private gifts for Kean University. Chairman William Loehning, formerly an executive vice president at Fidelity Investments, leads a board that includes Kean University President Lamont O. Repollet as an ex-officio member and former CNBC senior vice president Steve Fastook. William H. Miller serves as president and CEO, executing the foundation's fundraising and operational strategy. Asset stewardship stretches beyond pooled endowment investments. The foundation holds title to Liberty Hall Museum & Academic Center — a historic mixed-use property in Union, New Jersey — and owns an income-producing commercial property in the same municipality. Its Hynes Hall headquarters sits adjacent to campus on Morris Avenue. The entity also manages a cultural portfolio that includes the Bauer-Boucher Art Collection, the Carmen Cicero Collection, and pieces from the Diamonds are Forever series, all housed across university galleries. Real-asset holdings are concentrated in New Jersey, where the university's physical footprint and donor base are rooted. The foundation has not disclosed a total deployment figure or team headcount. Adjacent institutional memberships at AGB and CASE signal an engagement with prevailing governance and advancement standards for university-affiliated foundations. The organization's professional network feeds into board governance practices rather than external co-investment club dynamics. The structure blends a standard 501(c)(3) fundraising engine with the responsibilities of a real-asset holding company — an arrangement that reduces reliance on annual giving cycles by layering enduring physical and cultural assets under foundation control. Succession and governance are embedded through the ex-officio relationship between the university president and the board, tying the foundation's strategy directly to the institution's leadership.