nonprofit logo

The Research Foundation For The State University Of New York

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

EIN: 141368361 ✦ Albany, NY ✦ Designated as a 501(c)(3)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is The Research Foundation For The State University Of New York?

The Research Foundation for the State University of New York (RFSUNY) is a nonprofit organization that plays a crucial role in enhancing the research capabilities and innovation of the State University of New York (SUNY). By supplying talent, services, and technology, RFSUNY empowers SUNY to conduct groundbreaking research and transfer discoveries that significantly contribute to the global knowledge economy.


Official website here: www.rfsuny.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 100% (Four-Star out of Four Star rating)

The Research Foundation for the State University of New York has achieved a perfect score of 100% on Charity Navigator, indicating exceptional accountability and financial health. This rating is particularly significant as it reflects the organization's commitment to transparency and effective management, which is crucial for maintaining donor trust and support.

One of the organization's strengths lies in its governance structure, with 92% of its board members being independent, ensuring unbiased decision-making. The foundation also demonstrates robust financial practices, with no material diversions of assets reported and a high program expense ratio of 87.66%, underscoring its dedication to utilizing funds for its core mission effectively.

While the foundation excels in financial and governance metrics, the rating does not provide insights into programmatic impact or community engagement. This limitation suggests that while the organization is financially sound, potential donors may want to seek additional information about its specific programs and their outcomes to fully assess its effectiveness in meeting its mission.


This AI summary has been generated from information found on Charity Navigator.

Is The Research Foundation For The State University Of New York legitimate?

The Research Foundation For The State University Of New York is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Research Foundation For The State 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $1,655,603
Professional Fundraising Fees: $0
Other Salaries and Wages: $512,912,813

For more financial information, click here


Official website here: www.rfsuny.org

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

The Research Foundation for the State University of New York (RFSUNY) plays a pivotal role in enabling SUNY to conduct groundbreaking research, foster innovation, and facilitate the transfer of discoveries that significantly impact the knowledge economy. By providing essential talent, services, and technology, RFSUNY empowers SUNY to transform knowledge and make a difference in the world. Their mission is geared towards supporting SUNY's research initiatives and translating scientific advancements into practical applications that benefit society.


Official website here: www.rfsuny.org

Who is the CEO of The Research Foundation For The State University Of New York?

Unavailable The CEO's salary of The Research Foundation For The State University Of New York is $345,877 and their total compensation is $384,393.


Official website here: www.rfsuny.org

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

The Research Foundation For The State University Of New York's revenue in 2023 was $1,395,404,960.


Official website here: www.rfsuny.org

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

The average compensation at The Research Foundation For The State University Of New York during 2023 was $35,201. There are 14618 employees and 560 volunteers at The Research Foundation For The State University Of New York.


Here are 26 key members and their salaries (The Research Foundation For The State University Of New York's CEO's salary is $345,877 and their total compensation is $384,393):


Col Timothy J Lawrence (Director (As Of 09/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Bahgat Sammakia (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Harvey Stenger (Director (Through 2/2023))
  • Compensation: $125,000
  • Related: $0
  • Other: $12,500
Dr Maurie D Mcinnis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Satish K Tripathi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Daniel C Tomson (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Edward Spiro (Director (As Of 09/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Eric L Cochran (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Jeffrey Black (Director Through 2/2023)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Robert Megna (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Robert P Balachandran (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Robert S Azeke (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ms Diane M Minas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ms Eileen Whelley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ms Heather Briccetti Mulligan (Director (As Of 2/2023))
  • Compensation: $0
  • Related: $0
  • Other: $0
Ms Hillary D Hansen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Jeffrey Cheek (President & Chief Executive Officer)
  • Compensation: $345,877
  • Related: $0
  • Other: $38,516
Mr Christopher Ashley (General Counsel And Secretary)
  • Compensation: $282,983
  • Related: $0
  • Other: $52,718
Mr Ryan P Farrell (Interim Chief Financial Officer)
  • Compensation: $166,205
  • Related: $0
  • Other: $28,689
Ms Emily Kunchala (Chief Financial Officer)
  • Compensation: $244,213
  • Related: $0
  • Other: $67,009
Mr Joshua Toas (Chief Compliance Officer)
  • Compensation: $214,623
  • Related: $0
  • Other: $50,438
Mr David Anderson (President Ny Creates)
  • Compensation: $284,287
  • Related: $0
  • Other: $25,953
Mr David Marcus (Cio, Stony Brook Foundation)
  • Compensation: $455,444
  • Related: $0
  • Other: $52,835
Ms Diane Fischer (Avp For Academic Budget And Financial Planning)
  • Compensation: $283,217
  • Related: $0
  • Other: $29,798
Ms Eileen M Pezzi (Vp For Development, Upstate Medical Univ)
  • Compensation: $338,365
  • Related: $0
  • Other: $69,859
Ms Lorraine L Manzella (Admn Dir Upstate Univ Med Association)
  • Compensation: $293,330
  • Related: $0
  • Other: $48,129


Official website here: www.rfsuny.org

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

The Research Foundation For The State University Of New York's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.rfsuny.org

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

Mission Statement of The Research Foundation For The State University Of New York

The Research Foundation for SUNY, also known as RFSUNY, is a dynamic entity that plays a pivotal role in enabling the State University of New York (SUNY) to research, innovate, and transfer groundbreaking discoveries that shape the modern knowledge economy. By providing essential talent, services, and technology, this foundation empowers SUNY to make significant strides in various fields, ultimately transforming the world with new innovations and advancements.

In essence, RFSUNY functions as a catalyst for SUNY's research initiatives, offering the necessary resources and expertise to drive progress and push the boundaries of knowledge. The organization's mission is geared towards fostering a culture of innovation and discovery, enabling SUNY to make a substantial impact on society through its research endeavors.

RFSUNY's work encompasses a broad spectrum of activities, from recruiting top talent and providing them with the necessary tools and resources to excel, to facilitating collaborations between researchers and industry partners. By fostering a vibrant research ecosystem, the foundation plays a crucial role in advancing SUNY's mission to contribute to the global knowledge economy and make a positive difference in the world.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




October, 2024

The Research Foundation for the State University of New York significantly enhances the research capabilities and innovation potential of the State University of New York (SUNY). By providing essential talent, services, and technology, it enables SUNY institutions to conduct impactful research that has the potential to transform the global knowledge economy. Through fostering collaborations and supporting the transfer of discoveries, the foundation plays a critical role in driving advancements across various fields, ultimately contributing to economic growth and societal improvement in New York and beyond. Its efforts in promoting research and innovation not only empower academic institutions but also facilitate the practical application of research findings in real-world scenarios, enhancing the contribution of SUNY to the community and the economy at large.




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


Financials

This financial information is from Propublica.

Revenue
$1,395,404,960 (2023)
Expenses
$1,357,481,624 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $18,199,710
  • Program Service Revenue: $191,795,381
  • Gross Receipts: $1,425,639,801

Assets and Liabilities:

  • Total Assets: $1,528,226,855
  • Total Liabilities: $700,087,434
  • Net Assets: $828,139,421

Want to help this charity, for free? You can click here to learn more about Give Freely

Programs

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

AGENCY ACTIVITY

Revenue

$191,795,381

Organization Details

Founding Year

1951

Main Address

PO BOX 9, ALBANY, NY, 12201

NTEE Category

Code: B114 - Education

If you are a representative of The Research Foundation For The State University Of New York and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.