Stockton University

Stockton University

Founded in 1969, Stockton University operates as a public university headquartered in Galloway, New Jersey. Under President Dr. Joseph Bertolino, the institution has grown well beyond its original main campus, with the Stockton University Foundation — chaired by Lori S. Herndon, former CEO of AtlantiCare — stewarding a portfolio that directly ties educational mission to regional economic development. The endowment's investment posture is inseparable from the university's physical expansion in Atlantic County. Key holdings include the main Galloway campus, the Stockton Atlantic City Campus developed alongside AC Devco, the Sam Azeez Museum of Woodbine Heritage, Kramer Hall in Hammonton, and the Noyes Arts Garage in Atlantic City. The university also maintains the Noyes Museum of Art Permanent Collection and the Noyes Decoy Collection, placing cultural assets alongside traditional real estate within its strategy. Geographic concentration remains tightly focused on New Jersey. Stockton is a member of the American Association of State Colleges and Universities, the National Association of College and University Business Officers, and the New Jersey Association of State Colleges and Universities. The Stockton University Foundation serves as the university's primary philanthropic vehicle, with major benefactor John F. Scarpa lending his name to the Scarpa Academic Center and Scarpa Health Sciences Center. No public facing AUM figure is reported for the endowment. Where many university endowments prioritize liquid financial instruments, Stockton's endowment architecture reflects a deep integration with the physical and cultural fabric of southern New Jersey. The partnership with AC Devco for the Atlantic City campus expansion represents an active, institution-led development model — uncommon for an endowment of this profile — embedding real estate development directly alongside academic program delivery and community arts programming.