RESEARCH FOUNDATION FOR THE CITY UNIVERSITY OF NEW YORK: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: RESEARCH FOUNDATION FOR THE CITY UNIVERSITY OF NEW YORK (EIN 02-0733394)
Tax period: 2012-01-01 to 2012-12-31
Filed: 2013-07-10
IRS object ID: 201341919349300629
Schema version: 2012v2.1
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2013-07-10T08:49:54-06:00	Timestamp
Tax Period End Date	2012-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	THOMSON REUTERS TAX & ACCOUNTING	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	6135 TRUST DRIVE SUITE 118	AddressLine1
City	HOLLAND	City
State	OH	State
ZIP Code	43528	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2012-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	020733394	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	RESEARCH FOUNDATION OF THE CITY UNIVERSITY OF	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	RESE	NameControl
Phone	3132229053	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 75000	AddressLine1
City	DETROIT	City
State	MI	State
ZIP Code	482753462	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	RALPH JONHSTON	Name
Title	TRUST OFFICER	Title
Phone	3132229053	Phone
Date Signed	2013-06-26	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	RICHARD F FLORADAY JR	Name
Phone	4198612300	Phone
Date Prepared	2013-06-26	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	RALPH JOHNSTON	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	411 WEST LAFAYETTE	AddressLine1
City	DETROIT	City
State	MI	State
ZIP Code	48226	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	28906542	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c	X	Organization501c
Web Site	N/A	WebSite
Type Of Organization Trust	X	TypeOfOrganizationTrust
Year Formation	2005	YearFormation
State Legal Domicile	NY	StateLegalDomicile
Activity Or Mission Description	PROVIDE RETIREMENT MEDICAL AND DENTAL BENEFITS TO THE EMPLOYEES OF RESEARCH FOUNDATION OF THE CITY OF NEW YORK	ActivityOrMissionDescription
Nbr Voting Members Governing Body	17	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	17	NbrIndependentVotingMembers
Total Nbr Employees	0	TotalNbrEmployees
Total Gross UBI	0	TotalGrossUBI
Net Unrelated Business Txbl Income	0	NetUnrelatedBusinessTxblIncome
Contributions Grants Current Year	0	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	8500000	ProgramServiceRevenuePriorYear
Program Service Revenue CY	7500000	ProgramServiceRevenueCY
Investment Income Prior Year	1984662	InvestmentIncomePriorYear
Investment Income Current Year	3268649	InvestmentIncomeCurrentYear
Other Revenue Current Year	0	OtherRevenueCurrentYear
Total Revenue Prior Year	10484662	TotalRevenuePriorYear
Total Revenue Current Year	10768649	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	39901	SalariesEtcPriorYear
Salaries Etc Current Year	44007	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	205678	OtherExpensePriorYear
Other Expenses Current Year	206674	OtherExpensesCurrentYear
Total Expenses Prior Year	245579	TotalExpensesPriorYear
Total Expenses Current Year	250681	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	10239083	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	10517968	RevenuesLessExpensesCY
Total Assets BOY	61682897	TotalAssetsBOY
Total Assets EOY	72395440	TotalAssetsEOY
Total Liabilities BOY	69630	TotalLiabilitiesBOY
Total Liabilities EOY	264205	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	61613267	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	72131235	NetAssetsOrFundBalancesEOY
Mission Description	PROVIDE RETIREMENT MEDICAL AND DENTAL BENEFITS TO THE EMPLOYEES OF RESEARCH FOUNDATION OF THE CITY OF NEW YORK	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Description	PROVIDE RETIREMENT MEDICAL AND DENTAL BENEFITS TO THE EMPLOYEES OF THE RESEARCH FOUNDATION OF THE CITY UNIVERSITY OF NEW YORK	Description
Described In501 C3	false	DescribedIn501C3
Schedule B Required	false	ScheduleBRequired
Political Activities	false	PoliticalActivities
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	TermOrPermanentEndowments
Report Land Bldg Equip	false	ReportLandBldgEquip
Report Invest Oth Securities	false	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	false	ReportOtherAssets
Report Other Liabilities	false	ReportOtherLiabilities
Report Fin48 Footnote	false	ReportFin48Footnote
Independent Audit Financial Stmt	false	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	false	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	false	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	false	GrantsToIndividuals
Schedule J Required	false	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	0	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Number Of Employees	0	NumberOfEmployees
Unrelated Business Income	false	UnrelatedBusinessIncome
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Quid Pro Quo Contributions	false	QuidProQuoContributions
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOf
Funds To Pay Premiums	false	FundsToPayPremiums
Premiums Paid	false	PremiumsPaid
Indoor Tanning Services	false	IndoorTanningServices
Nbr Voting Governing Body Members	17	NbrVotingGoverningBodyMembers
Number Independent Voting Members	17	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	false	MembersOrStockholders
Election Of Board Members	false	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	false	MinutesOfGoverningBody
Minutes Of Committees	false	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	false	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	false	ConflictOfInterestPolicy
Whistleblower Policy	false	WhistleblowerPolicy
Document Retention Policy	false	DocumentRetentionPolicy
Compensation Process CEO	false	CompensationProcessCEO
Compensation Process Other	false	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
Own Website	X	OwnWebsite
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	RALPH JOHNSTON	BusinessNameLine1

Field	Value	IRS element (for citing)
Telephone Number	3132229053	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	411 W LAFAYETTE	AddressLine1
City	DETROIT	City
State	MI	State
ZIP Code	48226	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (17 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	OfficerOfficer	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	Institutional TrusteeInstitutionalTrustee
MATTHEW GOLDSTEIN
PRESIDENT	1.00	X	X	0	0	0
LAURENCE MUCCIOLO
DIRECTOR	1.00	X		0	0	0
MARC SHAW
DIRECTOR	1.00	X		0	0	0
KAREN L GOULD
DIRECTOR	1.00	X		0	0	0
THOMAS BRENNAN
DIRECTOR	1.00	X		0	0	0
JEREMY TRAVIS
DIRECTOR	1.00	X		0	0	0
FELIX MATOS RODRIGUEZ
DIRECTOR	1.00	X		0	0	0
DAVID LYONS
DIRECTOR	1.00	X		0	0	0
NEIL STAHL
DIRECTOR	1.00	X		0	0	0
MEGAN PASLAWSKI
DIRECTOR	1.00	X		0	0	0
LESLIE JACOBSON
DIRECTOR	1.00	X		0	0	0
ANDREW BEVERIDGE
DIRECTOR	1.00	X		0	0	0
RODNEY NICHOLS
DIRECTOR	1.00	X		0	0	0
GAIL MELLOW
DIRECTOR	1.00	X		0	0	0
EDWARD ROGOFF
DIRECTOR	1.00	X		0	0	0
COMERICA BANK
TRUSTEE	10.00			44007	0	0	X
CATHERINE MCGRATH
SECRETARY	1.00		X	0	0	0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	44007	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	0	TotalReportableCompFrmRltdOrgs
Total Other Compensation	0	TotalOtherCompensation
Formers Listed	false	FormersListed
Total Comp GT150 K	false	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources

Program Service Revenue ProgramServiceRevenue

Field	Value	IRS element (for citing)
Description	RESEARCH FND CITY UNIVERSITY CONTRI	Description
Business Code	900099	BusinessCode
Total Revenue Column	7500000	TotalRevenueColumn
Exclusion	$7,500,000	ExclusionAmount

Field	Value	IRS element (for citing)
Total Program Service Revenue	7500000	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	1903143	TotalRevenueColumn
Exclusion	$1,903,143	ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

Field	Value	IRS element (for citing)
Securities	19503399	Securities

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

Field	Value	IRS element (for citing)
Securities	18137893	Securities

Gain Or Loss GainOrLoss

Field	Value	IRS element (for citing)
Securities	1365506	Securities

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	1365506	TotalRevenueColumn

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	10768649	TotalRevenueColumn
Exclusion	$9,403,143	ExclusionAmount

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	44007	Total
Management And General	44007	ManagementAndGeneral

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

Field	Value	IRS element (for citing)
Total	186931	Total
Management And General	186931	ManagementAndGeneral

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	19743	Total
Management And General	19743	ManagementAndGeneral

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	250681	Total
Program Services	0	ProgramServices
Management And General	250681	ManagementAndGeneral
Fundraising	0	Fundraising

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	1761876	BOY
EOY	2978521	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	126347	BOY
EOY	176868	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	59794674	BOY
EOY	69240051	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	61682897	BOY
EOY	72395440	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	69630	BOY
EOY	264205	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	69630	BOY
EOY	264205	EOY

Field	Value	IRS element (for citing)
Do Not Follow SFAS117	X	DoNotFollowSFAS117

Cap Stck Trst Prin Current Funds CapStckTrstPrinCurrentFunds

Field	Value	IRS element (for citing)
BOY	61613267	BOY
EOY	72131235	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	61613267	BOY
EOY	72131235	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	61682897	BOY
EOY	72395440	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	10517968	ReconcilationRevenueExpenses
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
Accountant Compile Or Review Basis		AccountantCompileOrReviewBasis
FS Audited	false	FSAudited
FS Audited Basis		FSAuditedBasis
Federal Grant Audit Required	false	FederalGrantAuditRequired

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation

Field	Value	IRS element (for citing)
Identifier	DESCRIPTION FOR MAKING DOCUMENTS PUBLIC	Identifier
Return Reference	FORM 990, PAGE 6, PART VI, LINE 19	ReturnReference
Explanation	COPIES ARE AVAILABLE FROM THE TRUSTEE UPON REQUEST	Explanation

RESEARCH FOUNDATION FOR THE CITY UNIVERSITY OF NEW YORK: Form 990, tax year 2012

Return header ReturnHeader

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Preparer Firm US Address PreparerFirmUSAddress

Filer Filer

Name Name

US Address USAddress

Officer Officer

Preparer Preparer

Form 990 IRS990

Address Principal Officer US AddressPrincipalOfficerUS

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

Address US AddressUS

Form990 Part VII Section A Form990PartVIISectionA (17 entries)

Program Service Revenue ProgramServiceRevenue

Investment Income InvestmentIncome

Gross Amount Sales Assets GrossAmountSalesAssets

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

Gain Or Loss GainOrLoss

Net Gain Or Loss Investments NetGainOrLossInvestments

Total Revenue TotalRevenue

Comp Current Officers Directors CompCurrentOfficersDirectors

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

All Other Expenses AllOtherExpenses

Total Functional Expenses TotalFunctionalExpenses

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Accounts Receivable AccountsReceivable

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Total Assets TotalAssets

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Total Liabilities TotalLiabilities

Cap Stck Trst Prin Current Funds CapStckTrstPrinCurrentFunds

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation

Comments