2011-11-09T11:27:27-06:00 2011-06-30 KPMG LLP 515 BROADWAY 4TH FLOOR ALBANY NY 122072974 990 2010-07-01 141368361 THE RESEARCH FOUNDATION OF STATE UNIVERSITY OF NEW YORK RESE 5184347050 PO BOX 9 ALBANY NY 12201 MS BONNY BOICE 2011-11-02 true 5184274600 2010 2016-03-07 17:11:31Z MS BONNY BOICE PO BOX 9 ALBANY NY 12201 1466667273 false X WWW.RFSUNY.ORG X 1951 NY SEE ATTACHMENT 1 15 11 17209 2150 0 893712558 946482384 180684025 167179948 8421165 12749265 29840306 32584188 1112658054 1158995785 0 0 0 0 589117975 586005305 0 0 0 513767272 560506121 1102885247 1146511426 9772807 12484359 435232851 532361690 539218253 564872449 -103985402 -32510759 X The Research Foundation of State University of New York (RF) exists to support the State University of New York (SUNY). Serving SUNY for over 60 years, the RF is the largest, most comprehensive university-connected research foundation in the country, supporting over $1 billion in SUNY research activity annually and facilitating university-industry-government partnerships to accelerate the growth of sponsored program and applied research opportunities. Areas of supported research encompass a vast range of disciplines including life sciences and medicine; engineering and nanotechnology; physical sciences and energy; social sciences; and computer and information sciences. Founded in 1951 as a private non-profit educational corporation, the RF works with academic and business leadership to support essential research and discovery that translate into invention, innovation, entrepreneurship, economic opportunity and public benefit across New York and throughout the world. The RF is tax-exemp false false 528194447 724445 Research See Schedule O 179054946 5192679 Public Service See Schedule O 56842671 28634 Training and Education See Schedule O 203433173 181894074 Other Program Services 203433173 181894074 967525237 true true false true false false false false false true true false false true true true true false true true false false false false false false false false true false false false false false false true false false false false false false true true false false false true X 3403 0 true 17209 true false true AF BK LE KE JO UG MX TU CJ BD false false false false true 3 false false true false X 15 11 true true false false false false false true true false false true true true true true true false true true true X X FRANK GABRIEL 5184347050 PO BOX 9 ALBANY NY 12201 X Dr Nancy L Zimpher 6.0 X 0 0 0 Dr George B Stefano 2.0 X 0 0 0 Dr Raymond W Cross 2.0 X 0 0 0 Mr Robert L Ecklin 4.0 X 0 0 0 Mr John Fitzgibbons 6.0 X 0 0 0 Dr Meng-Ling Hsiao 6.0 X 0 0 0 Dr John C LaRosa 4.0 X 0 0 0 Dr Myron J Mitchell 12.0 X 22519 0 2883 Mr James McNamara Jr 4.0 X 0 0 0 Mr George M Philip 6.0 X 0 0 0 Dr Bahgat G Sammakia 10.0 X 25710 0 2571 Dr Steven J Scheinman 20.0 X 246877 0 19600 Dr John B Simpson 2.0 X 0 0 0 Mr Louis R Tomson 4.0 X 0 0 0 Dr Samuel L Stanley Jr 4.0 X 0 0 0 Mr Oscar K Anderson III 4.0 X 0 0 0 Mr Steven N Fischer 6.0 X 0 0 0 Dr Shaun L McKay 4.0 X 0 0 0 Mr John J O'Connor 19.0 X 0 0 0 Ms Bonny G Boice 37.5 X 278387 0 42293 Ms Lynn D Manning 37.5 X 154705 0 33885 Ms Sherry Holland 37.5 X 325152 0 11129 Mr Adam C Gibbs 37.5 X 120390 0 302 Mr Frank Gabriel 37.5 X 164349 0 31158 Mr Joshua Toas 37.5 X 151474 0 18384 Dr Alain E Kaloyeros 37.5 X 507413 0 29400 Mr Thomas McMahon 37.5 X 726728 0 47076 Mr Mahmoud Batlouni 37.5 X 363622 0 29885 Mr Michael Moskal 37.5 X 294734 0 43077 Dr Michael Holden 37.5 X 369422 0 38629 Ms Brenda Lubrano-Birken 37.5 X 305378 0 40056 Dr James A Weyhenmeyer 37.5 X 293976 0 41093 4350836 0 431421 313 true true false Air Liquide Electronics US LP 768 Purchase Brook Road SOUTHBURY CT 06488 Gas & Chemical Mgmt. 1189670 MW US Incorporated PO Box 910744 DALLAS TX 753910744 Contractor- install 7789225 Carl Zeiss SMS GmbH CARL ZEISS PROMENADE 10 JENA 0 GM 07745 Metrology systems 1864400 Hellmuth Obata and Kassabaum PC 620 Avenue of the Americas NEW YORK NY 10011 Architect- engineer 1862191 J Kokolakis Contracting Incorporat 1500 Ocean Ave BOHEMIA NY 11716 General Contractor 1209039 74 754916712 191565672 17800 946482384 AGENCY ACTIVITY 561000 167179948 167179948 167179948 6472691 0 6472691 0 11924304 11924304 313948062 307671488 6276574 6276574 6276574 0 0 0 AGENCY FEES 561000 5821444 5821444 SERVICE CENTER REVENUE 541380 4486614 4486614 ADMINISTRATIVE FEES AND OTHER 611710 10351826 10351826 20659884 1158995785 187839832 0 24673569 0 0 0 0 2188581 53683 2134898 0 426231436 361461990 64769446 30794000 24547533 6246467 96878841 75829367 21049474 29912447 25242703 4669744 319261 319261 0 3430930 884929 2546001 0 310388 22550 287838 0 833185 833185 0 0 0 1268114 1268114 0 112273155 101845629 10427526 0 644979 494627 150352 0 59134034 50065061 9068973 0 6175303 3679419 2495884 0 7881982 204224 7677758 0 9629444 6120630 3508814 0 19582447 15515994 4066453 0 0 0 6185376 4581966 1603410 0 255757 255757 0 31739434 21191825 10547609 4465283 4465283 1345726 391397 954329 SUBCONTRACTS 63066050 62759547 306503 CAMPUS SERVICES 73009163 69427982 3581181 EQUIPMENT 78038236 75551543 2486693 FELLOWSHIP STIPENDS 18686338 16704423 1981915 TUITION AND FEES 16917074 16589727 327347 45314462 34358488 10955974 1146511426 967525237 178986189 0 0 0 45605157 79663807 179757394 194506719 26105056 32575731 11037058 84323284 63246161 23005816 21077123 90367059 96009208 60968853 90672077 9423516 6819967 435232851 532361690 108547721 115330139 159235236 201444191 5540000 5375000 10482429 29218666 255412867 213504453 539218253 564872449 X -103985402 -32510759 -103985402 -32510759 435232851 532361690 X 12484359 58990284 X false true true X true true X 791191924 794499940 846285731 893712558 946482384 4272172537 791191924 794499940 846285731 893712558 946482384 4272172537 4272172537 21224559 28054107 21293593 13878019 14801670 99251948 157904464 167960991 188812069 201364254 191435157 907476935 5278901420 0.80929 0.80898 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true false false false false true 833185 false false 833185 false Description of lobbying activities Schedule C, Part II-B The reported expenditures are incurred by the RF as fiscal agent for the State University of New York (SUNY) System Administration and many of SUNY's 64 member institutions with regard to federal, state, and local legislation and direct funding support for various projects to be sponsored by or administered by numerous SUNY campuses. Appropriations requests seek to enhance the capabilities and infrastructure of SUNY and its member institutions. Because the RF acts as fiscal agent for SUNY and its member institutions, expenditures incurred regarding federal legislation and appropriations are reported by SUNY on its federal Lobby Disclosure Act Form LD-2. Expenditures for state and local legislation and appropriations are reported by SUNY consistent with applicable New York State and New York City law and regulations. 6500000 1170000 5330000 44903693 29374785 15528908 32919591 32701376 218215 21077123 ALTERNATIVE INVESTMENTS 87914281 F INVEST IN EQUITY PARTNERSHIP 2757796 90672077 0 POST RETIREMENT BENEFIT LIABIL 209035000 457B PLAN LIABILITY 3839442 INTEREST RATE SWAP 630011 213504453 1158995785 1146511426 12484359 7172284 51818000 58990284 71474643 998988121 7172284 7172284 991815837 167179948 167179948 1158995785 927513478 -51818000 -51818000 979331478 167179948 167179948 1146511426 Schedule D, Part XI, Line 8 Post-retirement change in net assets other than net periodic benefit costs Post-Retirement change in net assets: $51,818,000 ============= Schedule D, Part XII, Line 4b Other Revenue Included on form 990 but not included in F/S Agency Program Service Revenue: $167,179,948 ============ Schedule D, Part XIII, Line 4b Other Expense Included on form 990 but not included in F/S Agency Program Service Expense: $167,179,948 ============ Schedule D, Part XIII, Line 2d Post-retirement change in net assets other than net periodic benefit costs Post-Retirement change in net assets: $51,818,000 =========== Schedule D, Part X, Line 2 Schedule D, Part X, Line 2 Footnote 2(m) of the June 30, 2011 audited financial statements contains the following language regarding FIN 48 (ASC 740): "The RF follows the provisions of ASC 740-10, Accounting for Uncertainty in Income Taxes. Management has evaluated ASC 740-10 and there was no impact to the RF's financial statements for the years ended June 30, 2011 and 2010." Central America and the Caribbean 1 Program Services Organized Research 19125 East Asia and the Pacific 5 Program Services Public Services 178112 Europe (Including Iceland and Greenland) 1 Program Services Public Services 634433 North America 4 Program Services Organized Research 145239 Russia and the Newly Independent States 2 Program Services Organized Research 102801 South Asia 2 Program Services Organized Research 1607 Sub-Saharan Africa 8 Program Services Public Services 2809573 Central America and the Caribbean 1 Program Services Public Services 120815 East Asia and the Pacific Program Services Educational Support 3145 South Asia 13 Program Services Public Services 2250611 East Asia and the Pacific 11 Program Services Organized Research 974837 East Asia and the Pacific 3 Program Services Training 901674 Europe (Including Iceland and Greenland) 1 7 Program Services Educational Support 107815 Europe (Including Iceland and Greenland) 21 Program Services Organized Research 1837904 Middle East and North Africa 4 Program Services Public Services 789300 Middle East and North Africa 6 5 Program Services Organized Research 345747 Middle East and North Africa 38 Program Services Training 754774 North America 6 Program Services Public Services 179631 Russia and the Newly Independent States 3 Program Services Training 48327 South America 9 Program Services Organized Research 236481 South America Program Services Training 2368 Sub-Saharan Africa 3 11 Program Services Organized Research 1030619 Central America and the Caribbean Investments Investments 84422304 9 124 3 29 12 153 11977512 85919730 97897242 true false true false true true X X true true X true false false false false false false false false Dr Steven J Scheinman 246877 0 0 0 0 0 19600 0 0 0 266477 0 0 0 Ms Bonny G Boice 278387 0 0 0 0 0 29400 0 12893 0 320680 0 0 0 Ms Lynn D Manning 154705 0 0 0 0 0 14007 0 19878 0 188590 0 0 0 Dr James A Weyhenmeyer 293928 0 0 0 48 0 19600 0 21493 0 335069 0 0 0 Dr Alain E Kaloyeros 507413 0 0 0 0 0 29400 0 0 0 536813 0 0 0 Mr Thomas McMahon 419636 0 307092 0 0 0 24500 0 22576 0 773804 0 0 0 Mr Mahmoud Batlouni 347122 0 0 0 16500 0 28905 0 980 0 393507 0 0 0 Mr Michael Moskal 234734 0 60000 0 0 0 24500 0 18577 0 337811 0 0 0 Dr Michael Holden 324422 0 45000 0 0 0 24500 0 14129 0 408051 0 0 0 Ms Sherry Holland 217341 0 100000 0 7811 0 0 0 11129 0 336281 0 0 0 Ms Brenda Lubrano-Birken 305378 0 0 0 0 0 19600 0 20456 0 345434 0 0 0 Mr Frank Gabriel 164349 0 0 0 0 0 16786 0 14372 0 195507 0 0 0 Mr Joshua Toas 151474 0 0 0 0 0 10919 0 7465 0 169858 0 0 0 Compensation Information Schedule J, Part I, Line 1a Housing Allowance- Mahmoud Batlouni was paid a taxable living quarters allowance by a contract with the US Agency on International Development. According to the US Department of State Foreign Affairs Manual Volume 3, a living quarters allowance is granted to employees under procedures in section STNRG-0130 of the Standardized Regulations. It is intended to cover the average employee's costs for rent, heat, light, fuel, gas, electricitiy, water and certain other fees. Housing and Travel Allowance- Adam Gibbs was provided $30,000 in tax year 2010 for temporary housing and travel expenses as per his employment agreement. Club Dues- Chair Zimpher has been provided memberships in the Fort Orange Club and the University Club that are used only for business purposes. Severance Schedule J, Part I, Line 4a Severance of $260,000 was paid in March 2011 to Sherry Holland, General Counsel and Secretary, upon termination in accordance with an agreement signed at the time of hire. Also in accordance with that agreement, the RF paid the cost of Ms. Holland's health care coverage under COBRA; this amounted to $7235 in tax year 2010. Paula Kaloyeros Family member - Key Empl 110823 Employee compensation false Tanya McKay Family member - Board Mbr 47278 Employee compensation false Statements of Program Services Accomplishments Part III, lines 4a through 4d Part III, Line 4a - Program Service Accomplishments Research - The RF provides SUNY faculty and staff with administrative support for Research grants and awards that are funded by sponsors (federal and state governments, private sector companies and nonprofit foundations). The administrative support includes services such as hiring personnel necessary to conduct the research, purchasing equipment and supplies, prefunding expenses prior to sponsor reimbursement and providing financial reports to the sponsors. These research grants and awards encompass a wide range of disciplines including medical diagnostics, alternative energies, nanotechnologies and small scale packaging, and high-performance computing. The RF supported 4,948 research grants and awards that were conducted by 1,993 faculty members (principal investigators). This year, research at SUNY led to 63 patents, 38 licensing and option agreements, 286 invention disclosures, and 202 patent applications filed. Part III, Line 4b - Program Service Accomplishments Public Service - SUNY faculty and staff conduct various programs that benefit local communities and beyond such as providing workforce development services, educational and therapeutic services to children through early intervention programs and coordinating small business development center activities. Funding for these grants and programs is provided by sponsors to the RF on behalf of SUNY. The RF supports the faculty and staff by performing the following administrative tasks: hiring personnel the faculty need to help conduct the program, purchasing necessary equipment and supplies and reimbursing travel costs that are provided for by the grant, submitting financial reports required by the sponsors, and ensuring compliance with federal and state regulations and the sponsor's terms and conditions. The RF supported 362 SUNY faculty and staff by administering 1,197 grants and programs from July 1, 2010 to June 30, 2011. Part III, Line 4c - Program Service Accomplishments Training and education - SUNY faculty and staff are awarded grants and contracts for training and education programs that help build skills and disseminate SUNY expertise. The programs are designed to help people of all ages in New York State and around the world, such as teachers and health care workers. The RF provides administrative services that allow SUNY faculty and staff to focus on these programs. These administrative services include: hiring personnel to help conduct programs, purchasing necessary equipment and supplies and reimbursing travel costs that are provided for by grant, submitting financial reports required by the sponsor, and ensuring compliance with federal and state regulations and the sponsor's terms and conditions. During the 2010 tax year, the RF administered 722 grants and contracts for training and educational programs on behalf of 398 SUNY faculty and staff. Under the program services included on lines 4a through 4c, the RF employed approximately 12,800 individuals. Part III, Line 4d - Other Program Services Description Other program services - The RF administers grants and contracts such as scholarships and fellowships for SUNY students that are funded by external sponsors. Also included in other program services are services the RF provides to organizations that are collaborative public/private partnerships which support economic development and entrepreneurial opportunity for SUNY and its education, research and public service missions. Examples of these include campus-related organizations, clinical practice plans at the SUNY medical institutions, and university-industry-government partnerships that foster collaboration and accelerate the growth of sponsored program and applied research opportunities at SUNY. The RF offers human resources/payroll and purchasing/payables administrative services to these organizations. Approximately 2,700 individuals were employed by the RF under these public/private partnerships. The remaining 1,700 individuals employed by the RF were mainly corporate staff supporting the programs descibed in lines 4a through 4d. Business Relationships and Transactions with Directors, Officers, etc. Part VI, line 2 Mr. O'Connor served as the Vice Chancellor and Secretary of the State University of New York (SUNY) and also served as the non-compensated President of the RF until June 15, 2011. The Foundation provides services to SUNY pursuant to a contractual arrangement between the two parties. Dr. Kaloyeros is the Chairman of the Board of Directors for Fuller Road Management Corporation. He additionally serves as Vice President and Special Advisor to the President, as well as Professor of Nanoscience for SUNY at the University at Albany campus, earning compensation paid directly by SUNY. In that SUNY role, Dr. Kaloyeros reported to Director Philip and ultimately to Chair Zimpher. The above circumstances are not reportable on Schedule L, Part IV. Mr. O'Connor was not paid by the RF for the services noted above, while amounts paid to Dr. Kaloyeros by the RF were reported on Part VII, Section A as compensation. The following Directors had business relationships through employment at SUNY: Chair Zimpher, Vice Chair Mitchell, Director Stefano, Director Cross, Director LaRosa, Director Philip, Director Sammakia, Director Scheinman, Director Simpson, and Director Stanley. None of these Directors received payments from the RF other than compensation reported on Part VII, Section A. Delegation of Control during tax year Part VI, line 3 The RF delegated control over certain duties of the CFO other than those of the office of Treasurer, to an individual assigned under an agreement with an outside consulting firm, during the period of the fiscal year from July 1, 2010 until the individual was hired as an employee and appointed to the office of Chief Financial Officer on September 8, 2010. Review of Form 990 by Governing Body Part VI, line 11 The Audit Committee of the Board of Directors reviews the Form 990 prior to submission according to the Audit Committee charter. All Board members receive a copy of the Form 990 prior to submission. Conflict of Interest Monitoring Part VI, line 12c The RF monitors conflicts of interest for directors, officers and key employees by doing an annual certification of business and family relationships. Any director with a relationship that may be perceived as constituting a conflict of interest will recuse him/herself from the vote on that issue. Compensation of Officers and Key Employees Part VI, line 15 The Executive Committee acts as the Compensation Committee for the RF according to the Executive Committee Charter. In this capacity, the Committee approved a salary plan for the officers. The former president of the RF, its top management official until his departure from the RF, served through June 15, 2011 in an unpaid capacity. The Committee retained a compensation consultant to gather comparable market data to create benchmarks for all officer positions, except for the former president's because it was an unpaid position. Availability of Documents to Public Part VI, line 19 The Research Foundation Charter, the 1977 Agreement with the State University of New York, the conflict of interest policy and the financial statements are all available on the RF's public Web site at www.rfsuny.org Compensation for Directors Part VII, Section A Compensation for directors who are also faculty members is unrelated to their activities as members of the board of directors. Such compensation is related to their role as principal investigator, research scientist, or campus administrator. The RF paid direct compensation to Dr. Myron Mitchell as a principal investigator, Dr. Baghat Sammakia as a research scientist, and Dr. Stephen Scheinman as a campus administrator. The RF paid the Stony Brook Foundation $115,000 in recognition and support of Dr. Samuel Stanley's ongoing research activities, in accordance with the May 2009 agreement reached between Dr. Stanley and the SUNY Board of Trustees. Other Changes to Net Assets Part XI, Line 5 Other changes to net assets consist of unrealized gains on investments of $7.2 million and a post-retirement benefit related change to net assets of $51.8 million. Binghamton Technologies Corporation PO Box 9 Albany NY 12207 900497228 Inactive NY 501(c)(25) N/A Research Fdn New York Maritime College Sailing Fdn 6 Pennyfield Avenue Throggs Neck NY 10465 470901548 Inactive NY 501(c)(3) Private Fdn Research Fdn false false false false false false false false false false false false false false false false false false