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Research Foundation of the City University of New York

Research Foundation of the City University of New York

New York, NY
Tax ID13-1988190

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About this organization

Revenue

$548,776,164

Expenses

$545,140,034

Website

rfcuny.org

Mission

Provide post award administration of sponsored programs for CUNY and other non-profit organizations.

About

Research: The purpose of a research award is to study, investigate, or experiment in a particular discipline or area of study in order to produce new knowledge. Research projects administered by the Foundation encompass research in the physical sciences, behavioral and social sciences and in the humanities. Some of the different areas of study in the physical sciences include ultra-fast photonics, physicochemical hydro dynamics and fluid mechanics, video phonetics, biochemistry, pharmacology, genetics, studies on evolution, environmental research, and computer science technology. Research is conducted in many areas in the behavioral and social sciences, and in the arts and humanities such as economics, ethnic studies, history, political science, urban affairs, sociology, as well as art history and foreign language.

Interesting data from their 2018 990 filing

The filing documents outline the non-profit's mission as “The research foundation of the city university of new york (the foundation) is a private, not-for-profit educational corporation chartered by the state of new york in 1963. although the foundation performs a variety of services for the city university of new york (the university), it is a separate legal entity governed by its own board of directors and operated by its own management team pursuant to the foundation's bylaws, policies and procedures.the foundation receives, holds and administers gifts, grants and contracts; acts as trustee of educational or charitable trusts; finances the conduct of studies and research in all fields of intellectual inquiry; assists in developing and increasing facilities; and performs other tasks in support of the educational and community service objectives of the university.the foundation employs staff; enters into contractual relationships; and acquires such facilities, goods and services as are appropriate to its purpose.”.

When detailing its duties, they were outlined as: “Provide post award administration of sponsored programs for cuny and other non-profit organizations.”.

  • The non-profit's reported state of operation is NY as per legal requirements.
  • The filing reveals that the address of the non-profit in 2018 is 230 West 41ST STREET, NEW YORK, NY, 10036.
  • The non-profit's form for the year 2018 reports a total of 13976 employees on their payroll.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $3,636,130.
  • The organization has 14 independent voting members.
  • The organization was formed in 1963.
  • The organization pays $310,228,034 in salary, compensation, and benefits to its employees.
  • The organization pays $392,900 in fundraising expenses.

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