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Research Foundation Of The City University Of New York

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 131988190 ✦ New york, NY ✦ Designated as a 501(c)(3)

Overview

What is Research Foundation Of The City University Of New York?

The Research Foundation of the City University of New York is a private, not-for-profit educational corporation, established in New York in 1963. Governed by its own board of directors and management team, the Foundation supports CUNY faculty and staff in securing external funding from both public and private sponsors for research activities. With a team of over ten thousand employees, the Foundation manages and administers all funded programs, acting as a trustee for educational or charitable trusts. The Foundation's purpose includes financing studies and research across various fields of intellectual inquiry, assisting in the development and expansion of facilities, and performing other tasks that contribute to the educational and community objectives of the City University of New York.


Official website here: www.rfcuny.org

Is Research Foundation Of The City University Of New York legitimate?

Research Foundation Of The City University Of New York is a legitimate nonprofit organization registered as a 501(c)(3) entity. Research Foundation Of The City University Of New York submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $1,479,153
Professional Fundraising Fees: $0
Other Salaries and Wages: $235,654,854

For more financial information, click here


Official website here: www.rfcuny.org

What is the mission statement of Research Foundation Of The City University Of New York?

The Research Foundation of the City University of New York is a separate legal entity, established in 1963 and governed by its own board of directors and management team. It acts as a bridge for CUNY faculty and staff in securing external funding from both public and private sponsors. The foundation manages and administers all funded programs, and is responsible for receiving, holding, and administering gifts, grants, and contracts. Additionally, it finances studies and research across various fields, assists in facility development, and carries out other tasks to support the educational and community service objectives of the University. The foundation employs staff, enters into contractual relationships, and acquires necessary facilities, goods, and services.


Official website here: www.rfcuny.org

What is the revenue of Research Foundation Of The City University Of New York?

Research Foundation Of The City University Of New York's revenue in 2022 was $518,290,887.


Official website here: www.rfcuny.org

Who are the executives of Research Foundation Of The City University Of New York and what are their salaries?

The average compensation at Research Foundation Of The City University Of New York during 2022 was $22,460. There are 10,558 employees and 15 volunteers at Research Foundation Of The City University Of New York.

Here are 26 key members and their salaries:

    John Mogulescu (Cuny, Sr. University Dean For Academic Affairs)
  • Compensation: $310,213
  • Related: $0
  • Other: $49,792

    • Marc V Shaw (Cuny Project Director)
  • Compensation: $272,383
  • Related: $0
  • Other: $26,912

    • Jerry F Steele (Chief Operating Officer)
  • Compensation: $240,368
  • Related: $0
  • Other: $52,555

    • Doliski A Mozeleski (Associate Grants Director - City College)
  • Compensation: $241,099
  • Related: $0
  • Other: $40,813

    • Karen Goldstein (Senior Associate Counsel)
  • Compensation: $233,324
  • Related: $0
  • Other: $46,462

    • Sherry M Cleary (Rf Project Director)
  • Compensation: $228,794
  • Related: $0
  • Other: $35,760

    • Gavita D Harris (Chief Financial Officer - As Of 01/17/22)
  • Compensation: $201,796
  • Related: $0
  • Other: $57,055

    • Jarnee M Bramlette (Chief Financial Officer / Interim President Retired 12/31/2021)
  • Compensation: $222,469
  • Related: $0
  • Other: $34,165

    • Jacek Olszewski (Chief Information Officer)
  • Compensation: $210,443
  • Related: $0
  • Other: $45,810

    • Jeffrey I Slonim (Chief Counsel & Secretary)
  • Compensation: $220,592
  • Related: $0
  • Other: $24,511

    • Roderick A Hurley (Board Member-Grad Student 07/01/21-09/23/21) [Trustee/Director]
  • Compensation: $1,953
  • Related: $0
  • Other: $0

    • Ayman El-Mohandes (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Jeruzalmi (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Felix Matos Rodriguez (Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kenneth Adams (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Laurence F Mucciolo (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lesley Davenport (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michelle J Anderson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Neil Stahl (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ricardo Otheguy (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robin L Garrell (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ruth N Colon (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sami Sauma (Board Member-Grad Student 09/24/21-06/30/22) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steven Penrod (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas A Isekenegbe (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Hector R Cordero-Guzman (Interim President As Of 01/01/22; President As Of 06/01/22)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.rfcuny.org

    Where can I find the form 990 for Research Foundation Of The City University Of New York?

    The Research Foundation Of The City University Of New York’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.rfcuny.org

    Learn more at the official website: www.rfcuny.org

    Mission Statement of Research Foundation Of The City University Of New York

    The Research Foundation of the City University of New York (RF-CUNY) is a not-for-profit educational corporation, established in 1963 by the New York State government. This separate legal entity, governed by its own board of directors and management team, plays a vital role in supporting the City University of New York (CUNY) by identifying and securing external funding for faculty and staff. Once grants and contracts are obtained, RF-CUNY administrates these programs.

    RF-CUNY's mission is multifaceted. It receives, holds, and manages gifts, grants, and contracts. Acting as a trustee of educational or charitable trusts, it finances studies and research across various intellectual fields. The organization also contributes to the development and expansion of CUNY's facilities. RF-CUNY staff and management execute these tasks, enter into contracts, and acquire necessary facilities, goods, and services in pursuit of the University's educational and community objectives.

    Impact

    This information is meant to be a general summary of Research Foundation Of The City University Of New York. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Research Foundation of the City University of New York plays a crucial role in supporting CUNY faculty and staff in securing external funding for research projects. By providing pre-award support in identifying and obtaining grants from government and private sponsors, as well as administering funded programs post-award, the foundation enables the university community to engage in organized research activities that seek to expand knowledge and address societal needs.

    Through its services, the foundation facilitates the systematic study and application of new knowledge across various disciplines, including basic and applied research, as well as development activities. By promoting research training and the development of prototypes, processes, and systems to meet specific requirements, the foundation contributes to the advancement of innovation and expertise within the academic community.

    Furthermore, as a private, not-for-profit entity established in 1963, the foundation operates independently with its own board of directors and management team. It receives, manages, and administers gifts, grants, and contracts, acting as a trustee for educational trusts and supporting research endeavors across diverse fields. By financing studies, enhancing facilities, and aligning its activities with the educational and community service goals of the university, the foundation actively fosters a culture of research excellence and scholarly advancement.

    In summary, the Research Foundation of the City University of New York's impact is significant in promoting research, innovation, and educational excellence within the CUNY community and beyond.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $258,623
  • Program Service Revenue: $34,164,717
  • Gross Receipts: $544,517,959

    • Assets and Liabilities:
  • Total Assets: $512,515,904
  • Total Liabilities: $408,065,175
  • Net Assets: $104,450,729
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    ADMINISTRATIVE FEES

    Revenue

    $34,164,717

    Organization Details

    Founding Year

    1963

    Main Address

    230 West 41st Street, New York, NY, 10036

    NTEE Category

    Code: B90 - Education

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