RESEARCH FOUNDATION OF THE CITY UNIVERSITY OF NEW YORK
230 West 41st Street, New York, NY 10036 www.rfcuny.org

Total Revenue
$560,096,585
Total Expenses
$551,354,612
Net Assets
$54,158,320

Organizations Filed Purposes: 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.

PROVIDE POST AWARD ADMINISTRATION OF SPONSORED PROGRAMS FOR CUNY AND OTHER NON-PROFIT ORGANIZATIONS.

INSTRUCTION/TRAINING - INCLUDES ALL SPONSORED TEACHING AND TRAINING ACTIVITIES, EXCEPT FOR RESEARCH TRAINING, OF AN INSTITUTION WHETHER OFFERED FOR CREDIT TOWARD A DEGREE OR CERTIFICATE, ON A NON-CREDIT BASIS, OR THROUGH REGULAR ACADEMIC DEPARTMENTS OR BY SEPARATE DIVISIONS, SUCH AS SUMMER SESSION.

OTHER SPONSORED ACTIVITY - PROGRAMS AND PROJECTS FUNDED BY FEDERAL AND NON-FEDERAL AGENCIES AND ORGANIZATIONS THAT INVOLVE THE PERFORMANCE OF WORK OR ACTIVITIES THAT ARE NOT CONSIDERED INSTRUCTION AND ORGANIZED RESEARCH.

ORGANIZED RESEARCH - INCLUDES ALL EXTERNALLY FUNDED RESEARCH ACTIVITIES, BOTH BASIC AND APPLIED, AND ALL DEVELOPMENT ACTIVITIES. A SYSTEMATIC, INTENSIVE STUDY INTENDED TO INCREASE KNOWLEDGE OR UNDERSTANDING OF THE SUBJECT STUDIED, SPECIFICALLY DIRECTED TOWARD APPLYING A NEW KNOWLEDGE TO MEET A RECOGNIZED NEED, OR A SYSTEMATIC APPLICATION OF KNOWLEDGE TO THE PRODUCTION OF USEFUL MATERIALS, DEVISES, AND SYSTEMS OR METHODS, INCLUDING DESIGN, DEVELOPMENT, AND IMPROVEMENT OF PROTOTYPES AND NEW PROCESSES TO MEET SPECIFIC REQUIREMENTS. IT ALSO INCLUDES ACTIVITIES RELATED TO TRAINING OF INDIVIDUALS IN RESEARCH TECHNIQUES (COMMONLY CALLED RESEARCH TRAINING) WHERE SUCH ACTIVITIES UTILIZE THE SAME FACILITIES AS OTHER RESEARCH DEVELOPMENT ACTIVITIES.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
John MogulescuCUNY, SR. UNIVERSITY DEAN FOR ACADEM35$342,793
Richard F RothbardPRESIDENT THROUGH 07/31/18- RETIRED35$339,329
Marc V ShawCUNY PROJECT DIRECTOR35$286,258
Leonard F ZinnantiCUNY SR V.P. AND COO THROUGH 12/14/1835$238,810
Jerry F SteeleCHIEF OPERATING OFFICER35$232,810
Jabari T JonesCUNY SENIOR SUPERVISOR COUNSELOR35$225,824
Burton SacksCUNY SENIOR DIRECTOR BUDGET AND FINANCE35$224,315
Jeffrey I SlonimCHIEF COUNSEL & SECRETARY35$215,411
Edward KalaydjianCHIEF FINANCIAL OFFICER35$214,123
Jacek OlszewskiCHIEF INFORMATION OFFICER35$202,977
Joy ConnollyBOARD MEMBER / VICE CHAIR FROM 12/7/180.3$24,783
Laurence F MuccioloBOARD MEMBER0.3$672
Neil StahlBOARD MEMBER0.2$0
Rodney NicholsBOARD MEMBER - DECEASED 08/30/20180.1$0
David LyonsBOARD MEMBER THROUGH 05/20/190.3$0
Jennifer WareBOARD MEMBER0.2$0
Shirley RapsBOARD MEMBER Through 6/30/190.3$0
Steven PenrodBOARD MEMBER0.2$0
Loretta Brancaccio-TarasBOARD MEMBER0.2$0
Lesley DavenportBOARD MEMBER0.3$0
Scott E EvenbeckBOARD MEMBER0.2$0
Diane CallBOARD MEMBER THROUGH 08/31/180.2$0
William J FritzBOARD MEMBER0.3$0
Chase F RobinsonVICE CHAIRMAN THROUGH 12/07/180.4$0
Felix Matos RodriguezBOARD MEMBER/ CHAIRPERSON FROM 05/20190.3$0
Barry F SchwartzBOARD MEMBER / CHAIRPERSON FROM 8/8/18 THROUGH 12/11/180.3$0
Gayle M HorwitzCHAIRPERSON THROUGH 08/6/18/ INTERIM PRESIDENT FROM 08/07/1835$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202041969349300934_public.xml