RESEARCH FOUNDATION FOR THE CITY UNIVERSITY OF NEW YORK: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- RESEARCH FOUNDATION FOR THE CITY UNIVERSITY OF NEW YORK (EIN 02-0733394)
- Tax period
- 2011-01-01 to 2011-12-31
- Filed
- 2012-08-01
- IRS object ID
- 201242149349300774
- Schema version
- 2011v1.2
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-08-01T08:00:53-06:00 | Timestamp |
| Tax Period End Date | 2011-12-31 | 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 | 2011-01-01 | 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 JOHNSTON | Name |
| Title | TRUST OFFICER | Title |
| Phone | 3132229053 | Phone |
| Date Signed | 2012-07-26 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4198612300 | Phone |
| Date Prepared | 2012-07-26 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | 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 | 32981970 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | WWW.RF.CUNY.ORG | 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 RESEARCH FOUNDATION OF THE CITY OF NEW YORK. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 21 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 21 | 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 | 3653390 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 8500000 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 963539 | InvestmentIncomePriorYear |
| Investment Income Current Year | 1984662 | InvestmentIncomeCurrentYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 4616929 | TotalRevenuePriorYear |
| Total Revenue Current Year | 10484662 | TotalRevenueCurrentYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 16246 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 39901 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 72127 | OtherExpensePriorYear |
| Other Expenses Current Year | 205678 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 88373 | TotalExpensesPriorYear |
| Total Expenses Current Year | 245579 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 4528556 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 10239083 | RevenuesLessExpensesCY |
| Total Assets BOY | 51376445 | TotalAssetsBOY |
| Total Assets EOY | 61682897 | TotalAssetsEOY |
| Total Liabilities BOY | 2261 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 69630 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 51374184 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 61613267 | NetAssetsOrFundBalancesEOY |
| Mission Description | PROVIDE RETIREMENT MEDICAL AND DENTAL BENEFITS TO THE 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 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 |
| Transaction Related Entity | false | TransactionRelatedEntity |
| 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 |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 21 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 21 | 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 (22 entries)
| Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | TitleTitle | Institutional TrusteeInstitutionalTrustee | OfficerOfficer |
|---|---|---|---|---|---|---|---|
| MATTHEW GOLDSTEIN | |||||||
| 1 | X | 0 | 0 | 0 | |||
| WILLIAM KELLY | |||||||
| 1 | X | 0 | 0 | 0 | |||
| THOMAS BRENNEN | |||||||
| 1 | X | 0 | 0 | 0 | DIRECTOR | ||
| FRED NAIDER | |||||||
| 1 | X | 0 | 0 | 0 | DIRECTOR | ||
| RODNEY NICHOLS | |||||||
| 1 | X | 0 | 0 | 0 | DIRECTOR | ||
| LESLIE JACOBSON | |||||||
| 1 | X | 0 | 0 | 0 | DIRECTOR | ||
| NIEL STAHL | |||||||
| 1 | X | 0 | 0 | 0 | DIRECTOR | ||
| KAREN L GOULD | |||||||
| 1 | X | 0 | 0 | 0 | DIRECTOR | ||
| ANDREW BEVERIDGE | |||||||
| 1 | X | 0 | 0 | 0 | DIRECTOR | ||
| LAURENCE MUCCIOLO | |||||||
| 1 | X | 0 | 0 | 0 | DIRECTOR | ||
| DAVID LYONS | |||||||
| 1 | X | 0 | 0 | 0 | DIRECTOR | ||
| FELIX MASTOS RODRIGUEZ | |||||||
| 1 | X | 0 | 0 | 0 | DIRECTOR | ||
| CAROLINA BARRERA -TOBON | |||||||
| 1 | X | 0 | 0 | 0 | DIRECTOR | ||
| GAIL MELLOW | |||||||
| 1 | X | 0 | 0 | 0 | DIRECTOR | ||
| MARC SHAW | |||||||
| 1 | X | 0 | 0 | 0 | DIRECTOR | ||
| JEREMY TRAVIS | |||||||
| 1 | X | 0 | 0 | 0 | DIRECTOR | ||
| COMERICA BANK | |||||||
| 10 | 39901 | 0 | 0 | TRUSTEEE | X | ||
| RICHARD F ROTHBARD | |||||||
| 1 | 0 | 0 | 0 | PRESIDENT | X | ||
| EDWARD KALAYDJIAN | |||||||
| 1 | 0 | 0 | 0 | CHIEF FINANCIAL OFFICER | X | ||
| CATHERINE MCGRATH | |||||||
| 1 | 0 | 0 | 0 | CHEIF LEGAL OFFICER | X | ||
| JACK OLSZEWSKI | |||||||
| 1 | 0 | 0 | 0 | CHIEF INFORMATION OFFICER | X | ||
| JERRY FORD STEELE | |||||||
| 1 | 0 | 0 | 0 | CHIEF OPERATION OFFICER | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 39901 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 0 | TotalOtherCompensation |
| Number Individuals GT100 K | 1 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | false | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation
Name Of Contractor NameOfContractor
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | UBS FINANCIAL SERVICES | BusinessNameLine1 |
Address Of Contractor AddressOfContractor
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8 MAIN STREET | AddressLine1 |
| City | SOUTHAMPTON | City |
| State | NY | State |
| ZIP Code | 11968 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Of Services | INVESTMENT SERVICES | DescriptionOfServices |
| Compensation | 198958 | Compensation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 1 | NumberOfContractorsGT100K |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | RESEARCH FND CITY UNIVERSITY CONTRI | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 8500000 | TotalRevenueColumn |
| Exclusion | $8,500,000 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 8500000 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1468552 | TotalRevenueColumn |
| Exclusion | $1,468,552 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 23013418 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 22497308 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 516110 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 516110 | TotalRevenueColumn |
| Exclusion | $516,110 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 10484662 | TotalRevenueColumn |
| Exclusion | $10,484,662 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 39901 | Total |
| Management And General | 39901 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 198958 | Total |
| Management And General | 198958 | ManagementAndGeneral |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6720 | Total |
| Management And General | 6720 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 245579 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 245579 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2270204 | BOY |
| EOY | 1761876 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 70605 | BOY |
| EOY | 126347 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 22617089 | BOY |
| EOY | 59794674 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 26418547 | BOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 51376445 | BOY |
| EOY | 61682897 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2261 | BOY |
| EOY | 69630 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2261 | BOY |
| EOY | 69630 | 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 | 51374184 | BOY |
| EOY | 61613267 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 51374184 | BOY |
| EOY | 61613267 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 51376445 | BOY |
| EOY | 61682897 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 10239083 | ReconcilationRevenueExpenses |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | true | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (5 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 8a | THIS IS A TRUST FOR THE PAYMENT OF HEALTH CARE AND DENTAL BENEFITS FOR THE EMPLOYEES OF THE RESEARCH FOUNDATION OF THE CITY OF NEW YORK. THE TRUSTEE MAKES PAYMENT AS DIRECTED BY THE RESEARCH FOUNDATION OF THE CITY OF NEW YORK | |
| EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 8b | THIS IS A TRUST USED FOR THE PAYMENT OF HEATHCARE AND DENTAL BENEFITS FOR THE EMPLOYEES OF THE RESEARCH FOUNDATION OF THE CITY OF NEW YORK. THERE ARE NO SUB COMMITTEES THAT DIRECT THE TRUSTEE. | |
| FORM 990, PAGE 6, PART VI, LINE 11-DESCRIPTION OF PROCESS FOR REVIEW | THIS IS A TRUST THE GOVERNING DOCUMENT LIST THE DUTIES OF THE TRUSTEE ONE OF THE DUTIES IS THE PREPARATION AND FILING OF ALL REQUIRED TAX RETURNS. THE TRUSTEE REVIEWS THE RETURN PRIOR TO THE FILING OF THE RETURN. | |
| DESCRIPTION FOR MAKING DOCUMENTS PUBLIC | THE TRUSTEE MAKES COPIES AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. THE ORGANIZATION ALSO HAS A WEB SITE AVAILABLE TO THE PUBLIC | FORM 990, PAGE 6, PART VI, LINE 18 |
| DESCRIPTION FOR MAKING DOCUMENTS PUBLIC | COPIES ARE AVAILABLE FROM THE TRUSTEE UPON REQUEST. | FORM 990, PAGE 6, PART VI, LINE 19 |