2015-02-04T13:25:07-06:00 2014-06-30 221478099 COHNREZNICK LLP 1212 AVENUE OF THE AMERICAS NEW YORK NY 10036 990 2013-07-01 131988190 RESEARCH FOUNDATION OF THE CITY UNIVERSITY OF NEW YORK RESE 2124178580 230 WEST 41ST STREET NEW YORK NY 10036 EDWARD S KALAYDJIAN CFO 2124178580 2015-01-23 1 THOMAS LANNING P00851654 2122970400 2013 2016-02-25 16:41:14Z EDWARD S KALAYDJIAN 230 WEST 41ST STREET NEW YORK NY 10036 465221384 0 X WWW.RFCUNY.ORG X 1963 NY PROVIDE POST AWARD ADMINISTRATION OF SPONSORED PROGRAMS FOR CUNY AND OTHER NON-PROFIT ORGANIZATIONS. 15 13 11559 0 566053 0 424162075 426195855 26610823 27087034 525612 407249 -1313563 -429597 449984947 453260541 25792307 23053540 0 0 259630424 259054921 1266013 956965 956965 163136147 168887457 449824891 451952883 160056 1307658 282760129 305113334 265203000 275821733 17557129 29291601 X 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. 0 0 140172327 8071149 7251790 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. 111717485 4923776 9561688 TRAINING: TRAINING AWARDS ARE GIVEN TO UPGRADE THE LEVEL OF COMPETENCE IN A SPECIFIC AREA. THE FOUNDATION ADMINISTERS NUMEROUS TRAINING PROGRAMS IN THE SCIENCE AND TECHNOLOGY FIELDS. SOME EXAMPLES OF THE OTHER TYPES OF TRAINING PROJECTS ADMINISTERED BY THE FOUNDATION INCLUDE TEACHER TRAINING, VOCATIONAL TRAINING IN EDUCATIONAL FACILITIES AND CORRECTIONAL FACILITIES, TRAINING FOR IMMIGRANTS, TEEN PARENTS, DISPLACED HOMEMAKERS, DOWNSIZED WORKERS, PEOPLE WITH DISABILITIES, AND WELFARE RECIPIENTS. 108311712 5854833 5189469 ACADEMIC DEVELOPMENT: THERE ARE NUMEROUS TYPES OF AWARDS FALLING UNDER THIS BROAD CATEGORY ENTITLED 'ACADEMIC DEVELOPMENT/WORKSHOPS'. INCLUDED WOULD BE INSTITUTIONAL AWARDS - DESIGNED TO DEVELOP AND MAINTAIN PROGRAMS OF STUDY OFFERED BY THE SPECIFIC INSTITUTION; PLANNING AWARDS - SUPPORTING DESIGN AND DEVELOPMENTS FOR ACCOMPLISHING APPROVED PROGRAM OBJECTIVES; PROGRAM DEVELOPMENT AWARDS, DEMONSTRATION AWARDS THAT IMPROVE THE RESULT OF USING THEORIES AND METHODS, AND CONFERENCE AWARDS, USED TO PAY THE COSTS OF RUNNING CONFERENCES, MEETINGS, WORKSHOPS AND INSTITUTES. 45031522 3803912 2472514 STUDENT ADMINISTRATION (SS) - EXPENSES INCLUDE THOSE INCURRED FOR THE ADMINISTRATION OF STUDENT AFFAIRS AND FOR SERVICES TO STUDENTS, INCLUDING EXPENSES OF SUCH ACTIVITIES AS DEAN OF STUDENTS, ADMISSIONS, REGISTRAR, COUNSELING AND PLACEMENT SERVICES, STUDENT ADVISERS, STUDENT HEALTH AND INFIRMARY SERVICES, CATALOGS, AND COMMENCEMENT AND CONVOCATIONS. 20061992 399870 2694939 PROGRAMS AND PROJECTS FINANCED BY FEDERAL AND NON-FEDERAL AGENCIES AND ORGANIZATIONS, WHICH INVOLVE THE PERFORMANCE OF WORK OTHER THAN INSTRUCTION, ORGANIZED RESEARCH AND SPONSORED TRAINING.EXAMPLES OF SUCH PROGRAMS AND PROJECTS ARE HEALTH SERVICE PROJECTS AND COMMUNITY SERVICE PROGRAMS. 65093514 4203782 5167453 425295038 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 1691 0 1 11559 1 1 1 0 0 0 0 0 0 0 0 0 X 15 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NY CT FL X GAVITA HARRIS DEPUTY CONTROLLER 2124178580 230 WEST 41ST ST 7TH FLOOR NEW YORK NY 10036 ANDREW BEVERIDGE BOARD MEMBER 2.00 X 0 0 0 CHASE F ROBINSON VICE CHAIRMAN OF THE BOARD 2.00 2.00 X X 0 0 0 DAVID LYONS BOARD MEMBER 2.00 X 0 0 0 EDWARD ROGOFF BOARD MEMBER 2.00 X 0 0 0 FELIX MATOS RODRIGUEZ BOARD MEMBER 2.00 X 0 0 0 GAIL MELLOW BOARD MEMBER 2.00 X 0 0 0 JAMES B MILLIKEN CHAIRMAN OF THE BOARD 2.00 X X 0 0 0 JEREMY TRAVIS BOARD MEMBER 2.00 X 0 0 0 KELLY ECKENRODE BOARD MEMBER 2.00 X 0 0 0 LAURENCE MUCCIOLO BOARD MEMBER 2.00 X 15048 0 0 LESLIE JACOBSON BOARD MEMBER 2.00 X 0 0 0 LISA STAINO-COICO BOARD MEMBER 2.00 X 159516 0 0 MARC SHAW BOARD MEMBER 2.00 X 0 0 0 NEIL STAHL BOARD MEMBER 2.00 X 0 0 0 PAMELA SILVERBLATT BOARD MEMBER 2.00 X 0 0 0 RODNEY NICHOLS BOARD MEMBER 2.00 X 0 0 0 STEVEN PENROD BOARD MEMBER 2.00 X 0 0 0 THOMAS F BRENNAN BOARD MEMBER 2.00 X 0 0 0 WILLIAM P KELLY BOARD MEMBER 2.00 2.00 X 0 0 0 CATHERINE MCGRATH CHIEF LEGAL COUNSEL 35.00 X 167017 0 39661 EDWARD KALAYDJIAN CHIEF FINANCIAL OFFICER 35.00 X 202653 0 58914 JACEK OLSZEWSKI CHIEF INFORMATION OFFICER 35.00 X 195428 0 53222 JEFFREY I SLONIM CHIEF LEGAL COUNSEL 35.00 X 73640 0 336 JERRY F STEELE CHIEF OPERATING OFFICER 35.00 X 222136 0 53818 RICHARD F ROTHBARD PRESIDENT 35.00 2.00 X 230691 0 58477 GILLIAN M SMALL PROJECT DIRECTOR 35.00 X 239323 0 49965 JOHN MOGULESCU DEAN 35.00 X 295314 0 56410 LEONARD F ZINNANTI PROJECT DIRECTOR 35.00 X 248149 0 27203 LEWIS D PEPPER PROJECT DIRECTOR 35.00 X 202827 0 15835 RONALD SPALTER SENIOR DIRECTOR 35.00 X 198954 0 44192 2450696 0 458033 134 0 1 0 COMMUNITY COUNSELING SERVICES COMPANY PO BOX 27462 NEW YORK NY 10087 PROFESSIONAL FUNDRAISING 791875 BREATHEZ ADVANCED THORACICIMAGING LLC 7 DELLMEAD DRIVE LIVINGSTON NJ 07039 CT SCAN READINGS 498667 B3 PICTURES LLC 1225 WEST BEAVER STREET SUITE 108 JACKSONVILLE FL 32204 CRITICAL PLANNING 392173 NIXON PEABODY LLP 401 9TH ST NW 900 WASHINGTON DC 20004 LEGAL SERVICES 377293 230 WEST 41ST STREET LLC 230 W 41ST ST FL 20 NEW YORK NY 10036 RENT 366783 19 246104689 180091166 426195855 ADMINISTRATIVE FEES 561000 26987034 26987034 MANAGEMENT FEES 561000 100000 100000 27087034 407249 407249 11347880 11960843 -612963 -612963 566053 -1179016 LLC PERSONNEL COSTS 900099 170892 170892 RFCO BUDGET 900099 6960 6960 COBRA ADMIN COST 900099 5514 5514 183366 453260541 27270400 566053 -771767 23053540 23053540 1577476 1462377 115099 196820938 183015709 13805229 9242964 8436818 806146 35821880 32692794 3129086 15591663 14236599 1355064 853609 483111 370498 246801 246801 956965 956965 73600 73600 39512420 39325020 187400 546137 546137 2051280 1807724 243556 763005 763005 3160763 2770150 390613 7855701 7847421 8280 6104115 5935266 168849 192150 192150 914671 244268 670403 INDIRECT COSTS 42668901 42474652 194249 ALLOCATION OF ADMINSTRA 25990487 25990487 SUPPLIES 16668233 16516200 152033 EQUIPMENT 8588960 8533967 54993 12696624 9922798 2773826 451952883 425295038 25700880 956965 1903463 1576185 125226670 132563984 57670482 65067846 1696627 2245844 69672533 22904608 49089505 46767925 39419491 45634690 11295 10520 7742596 11246340 282760129 305113334 47218027 51076789 1656014 1934613 73531169 79713194 56403933 70000000 86393857 73097137 265203000 275821733 X 17557129 29291601 17557129 29291601 282760129 305113334 X 1307658 102763 10324051 X X 0 1 X 1 1 1 X 410148886 423832260 426830857 424162075 426295855 2111269933 410148886 423832260 426830857 424162075 426295855 2111269933 2111269933 9970762 10054003 10145034 11107258 11754803 53031860 190966 180261 227712 352050 183366 1134355 2165436148 133682431 0.97500 0.97480 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 483342 0 0 483342 0 9037040 9037040 56393845 19280057 37113788 872019 745153 126866 3369629 2879398 490231 46767925 DEPOSITS HELD IN TRUST - CUNY 72748543 SECURITY DEPOSITS PAYABLE 348594 73097137 X 410275890 102763 12092496 12195259 398080631 73600 55106310 55179910 453260541 399692154 2819181 2819181 396872973 73600 55006310 55079910 451952883 PART X, LINE 2: THE EFFECTS OF UNCERTAIN TAX POSITIONS ARE RECOGNIZED ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. NO SUCH POSITIONS HAVE BEEN RECORDED IN THE CONSOLIDATED FINANCIAL STATEMENTS AS OF JUNE 30, 2014 OR 2013. PART XI, LINE 2D - OTHER ADJUSTMENTS: RELATED ORGANIZATION'S REVENUE 159,878. INTERCOMPANY ELIMINATIONS -28,225. RENTAL EXPENSES 11,960,843. PART XI, LINE 4B - OTHER ADJUSTMENTS: DISCRETIONARY FUND INCOME 55,006,310. MANAGEMENT FEE REVENUE FROM RELATED PARTY 100,000. PART XII, LINE 2D - OTHER ADJUSTMENTS: RELATED ORGANIZATION'S EXPENSES 160,653. RENTAL EXPENSES 11,960,843. INTERCOMPANY ELIMINATIONS -129,000. POST RETIREMENT CREDIT -9,173,315. PART XII, LINE 4B - OTHER ADJUSTMENTS: DISCRETIONARY FUND EXPENSE 55,006,310. X X X X 1 FUTURE FUNDS LLC 129 BATGATE STREET STATEN ISLAND NY 10312 FUNDRAISING PLANNING 0 0 321500 -321500 COMMUNITY COUNSELING SERVICE COMPANY 461 FIFTH AVENUE 3RD FLOOR NEW YORK NY 10017 FUNDRAISING TRAINING 0 0 225750 -225750 CONSTELLATION ADVANCEMENT LLC 17 VILLAGE ROAD 188 NEW VERNON NJ 07976 CONSULTING 0 0 99000 -99000 AMY GORDON 5 HORIZON ROAD SUITE 2402 FORT LEE NJ 07024 SOLICITING 0 0 18100 -18100 HUDSON FERRIS INC 192 LEXINGTON AVENUE SUITE 245 NEW YORK NY 10016 CONSULTING 0 0 19500 -19500 KATHLEEN SULLIVAN ALIOTO INC 50 WEST 40TH STREET NEW YORK NY 10018 CONSULTING 0 0 135000 -135000 PAULA J KASCEL 698 WEST END AVENUE 11C NEW YORK NY 10025 CONSULTING 0 0 71250 -71250 JLO CONSULTANT INC 139 SHEAR HILL ROAD MAHOPAC NY 10541 CONSULTING 0 0 60000 -60000 950100 -950100 NY CT FL 1 SCHOLARSHIPS AND FELLOWSHIPS 8832 23053540 PART I, LINE 2: THE RESEARCH FOUNDATION MONITORS THE USE OF GRANT FUNDS BY ADHERING TO SPECIFIC POLICIES AND PROCEDURES TO ENSURE THAT GRANT FUNDS ARE BEING USED FOR AUTHORIZED PURPOSES AND AS REQUIRED BY THE GRANT AGREEMENT AND APPLICABLE REGULATIONS. SCHOLARSHIPS AND FELLOWSHIPS ARE AWARDED TO THE UNDERGRADUATE AND GRADUATE STUDENTS BASED UPON VARIOUS SETS OF CRITERIA ESTABLISHED BY THE RESTRICTED PROJECTS AND BY TYPE OF AWARDS LISTED IN THE CUNY CATALOGUE. TOTAL SCHOLARSHIPS AND FELLOWSHIPS AWARDED FOR THE YEAR ENDING 06/30/2014 AMOUNTED TO $23,053,540 X X 0 0 0 0 0 0 0 0 0 LISA STAINO-COICO BOARD MEMBER 159516 0 0 0 0 0 0 0 0 0 159516 0 0 0 CATHERINE MCGRATH CHIEF LEGAL COUNSEL 166305 0 0 0 712 0 23235 0 16426 0 206678 0 0 0 EDWARD KALAYDJIAN CHIEF FINANCIAL OFFICER 200767 0 0 0 1886 0 28822 0 30092 0 261567 0 0 0 JACEK OLSZEWSKI CHIEF INFORMATION OFFICER 194169 0 0 0 1259 0 25986 0 27236 0 248650 0 0 0 JERRY F STEELE CHIEF OPERATING OFFICER 217679 0 0 0 4457 0 29574 0 24244 0 275954 0 0 0 RICHARD F ROTHBARD PRESIDENT 213739 0 0 0 16952 0 28842 0 29635 0 289168 0 0 0 GILLIAN M SMALL PROJECT DIRECTOR 235624 0 0 0 3699 0 31395 0 18570 0 289288 0 0 0 JOHN MOGULESCU DEAN 295314 0 0 0 0 0 35205 0 21205 0 351724 0 0 0 LEONARD F ZINNANTI PROJECT DIRECTOR 247303 0 0 0 846 0 27203 0 0 0 275352 0 0 0 LEWIS D PEPPER PROJECT DIRECTOR 201327 0 0 0 1500 0 15460 0 375 0 218662 0 0 0 RONALD SPALTER SENIOR DIRECTOR 195950 0 0 0 3004 0 25971 0 18221 0 243146 0 0 0 SCHEDULE J, PART II: THE OTHER REPORTABLE COMPENSATION FOR RICHARD ROTHBARD INCLUDES AUTO AND OTHER ALLOWANCES, PLUS GROUP TERM LIFE INSURANCE OVER $50,000. FORM 990, PART VI, SECTION B, LINE 11 THE TAX RETURN IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND REVIEWED BY THE SENIOR MANAGEMENT OF THE ORGANIZATION. THE RETURN IS DISTRIBUTED TO THE AUDIT COMMITTEE AND THE FULL BOARD FOR THEIR REVIEW PRIOR TO FILING THE RETURN WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY ANNUALLY FOR OFFICERS AND DIRECTORS. UPON CONFLICT DISCLOSURE, THE MATTER IS REFERRED TO THE RESEARCH FOUNDATION'S CONFLICTS OFFICER FOR INVESTIGATION. FORM 990, PART VI, SECTION B, LINE 15A THE PRESIDENT'S SALARY IS DETERMINED BY AN AD HOC COMPENSATION COMMITTEE OF THE RESEARCH FOUNDATION'S BOARD OF DIRECTORS. ANNUAL SALARY INCREASES FOR THE CHIEF OFFICERS ARE DETERMINED BY THE PRESIDENT ON THE BASIS OF AN ANNUAL PERFORMANCE APPRAISAL PROCESS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FINANCIAL STATEMENTS ARE ALSO POSTED ON THE ORGANIZATION'S WEBSITE. FORM 990, PART XI, LINE 9: GAIN AS A COMPONENT OF NET PERIODIC POST RETIREMENT BENEFIT COST 1,150,736. POST RETIREMENT CREDIT 9,173,315. FORM 990, PART XII, LINE 2C: THE SELECTION AND OVERSIGHT PROCESS DID NOT CHANGE FROM PRIOR YEAR. PART VII: LAURENCE MUCCIOLO AND LISA STAINO-COICO, RECEIVED COMPENSATION FOR THE PERFORMANCE OF SERVICES TO THE CITY UNIVERSITY OF NEW YORK, PAID THROUGH FUNDS OF THE RESEARCH FOUNDATION OF THE CITY UNIVERSITY OF NEW YORK. THEY DID NOT RECEIVE COMPENSATION FOR SERVICES RENDERED AS A BOARD MEMBER OF THE RESEARCH FOUNDATION OF THE CITY UNIVERSITY OF NEW YORK. 230 WEST 41ST STREET LLC 230 WEST 41ST STREET NEW YORK NY 10036 201105113 RENTAL REAL ESTATE DE 14014851 74778164 RESEARCH FOUNDATION OF THE CITY UNIVERSITY OF NEW YORK GRANTS PLUS INC 230 WEST 41ST STREET NEW YORK NY 10036 201541601 GRANT MANAGEMENT NY 501(C)(3) LINE 11A, I RESEARCH FOUNDATION OF THE CITY UNIVERSITY OF NEW YORK 1 0 1 1 0 0 0 0 0 0 0 0 1 0 1 1 1 1 0 1