# Kean University Foundation

Kean University Foundation is an Endowment / Foundation based in Roselle Park, United States.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** Roselle Park, United States
- **Region:** North America
- **Address:** Roselle Park, New Jersey, United States
- **Founded:** 1984
- **Assets under management:** $87M (Altss estimate)
- **Website:** keanfoundation.org
- **LinkedIn:** https://www.linkedin.com/company/kean-university-foundation-inc

## Regulatory record

- **Reports private funds:** No

## About

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. 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.

## Sectors

- Education
- Real Estate

## People

- William Loehning — Chairman of the Foundation Board
- William H. Miller — President and CEO
- Lamont O. Repollet — President of Kean University and Ex-Officio Board Member
- Steve Fastook — Former Foundation Chair

## Questions

### Who runs investment decisions at Kean University Foundation?

The foundation has not publicly disclosed the structure of its investment committee or named an external OCIO. Governance sits with a board chaired by William Loehning, a former executive VP at Fidelity Investments. Day-to-day operations are led by President and CEO William H. Miller.

### What is the foundation's mix of financial assets versus physical holdings?

The foundation holds traditional pooled endowment assets alongside direct ownership of real property. Known holdings include the Liberty Hall Museum & Academic Center, Hynes Hall office space, and an income-producing commercial building in Union, New Jersey. The entity does not publicly report the split between liquid endowment assets and real estate.

### How is Kean University Foundation related to the university's operating budget?

The foundation is a legally separate 501(c)(3) created to solicit, receive, and steward private gifts that benefit university students, faculty, and facilities. Kean University President Lamont O. Repollet sits on the foundation board as an ex-officio member, linking the foundation's priorities to institutional leadership.

### Does the foundation manage the university's art collections?

Yes, the foundation's holdings include the Bauer-Boucher Art Collection, the Carmen Cicero Collection, and Ricardo Roig hand-cut prints displayed across university galleries. These cultural assets are stewarded alongside financial and real-property holdings.

## Related profiles

- [Himan Brown Charitable Trust](https://altss.com/profile/himan-brown-charitable-trust)
- [Lincoln Center Pension Plan](https://altss.com/profile/lincoln-center-pension-plan)

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Last updated: 2026-08-11T02:43:31.692Z

Canonical page: https://altss.com/profile/kean-university-foundation

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology