2011-05-13T13:49:31-00:00 2010-06-30 990 2009-07-01 160743140 Rochester Institute of Technology ROCH 5854752383 7 Lomb Memorial Drive Rochester NY 14623 James H Watters 2011-05-13 false 2009 2016-02-24 21:20:13Z William Destler 7 Lomb Memorial Drive Rochester NY 14623 798066005 false X www.rit.edu X 1905 NY 0 To provide technology-based educational programs for personal and professional development. We rigorously pursue new and emerging career areas. We develop curricula and advance scholarships relevant to emerging technologies and social conditions. Teaching, scholarship, leadership and development, and student success are our central enterprises. 56 53 11471 2693 3804006 -2527548 116297825 122190381 400236025 419749056 -13767216 21741700 6179267 9164485 508945901 572845622 109016819 121589047 0 282944852 299712874 0 6791887 133632830 152914027 525594501 574215948 -16648600 -1370326 1291031340 1339883724 437412477 459839192 853618863 880044532 To provide technology-based educational programs for personal and professional development. We rigorously pursue new and emerging career areas. We develop curricula and advance scholarships relevant to emerging technologies and social conditions. Our community is committed to diversity and student centeredness and is distinguished by our innovative and collaborative spirit. false false 370325390 119109405 341487490 Instruction and Academic Support Established in 1829, RIT is a private coeducational university located in upstate New York, with approximately 16,800 full and part-time undergraduate and graduate students. RIT is comprised of eight separate and distinct colleges offering more than 309 undergraduate and graduate programs. NTID National Technical Institute for the Deaf, one of RITs eight colleges, is the worlds first and largest technical college for deaf students with approximately 960 students from the United States and abroad. RIT is a nationally respected leader in professional and career-oriented education. For the past decade, US News and World Report has ranked RIT as one of the nations leading comprehensive universities. Over the preceding 11 years, total Fall enrollment has increased 3,415 full time equivalents FTEs or 33.0 from 10,350 in 1999 to 13,787 in 2010. Total scholarships increased by 11.2 over the prior year and institutionally funded scholarships increased by 2.9 over the prior year. 104115383 79250 68202734 Student and Auxiliary Services Student services provide students with additional enrichment and educational opportunities. Such services include athletics, student health and admissions. Auxiliaries provide essential services to students in support of RITs educational mission. These services include housing operations and dining services. Sales Services of auxiliary enterprises generated total revenue of 60.4 million an increase of 1.9 million over the prior year. Surpluses from auxiliary operations support the operating budget of the University. 44189440 2400392 10058832 Research and Public Support RIT engages in public service activities that benefit the general community, in which it resides, including training, postsecondary education for deaf and hard of hearing, and K-12 programs. RIT also conducts research to advance the body of knowledge, enhance student and faculty learning and build our reputation in the scientific and technical communities in support of, or in concert with the Universitys exempt mission, while providing positive returns to our sponsoring partners. As articulated in RITs strategic plan, the University continues to expand its research portfolio resulting in a revenue growth of 3.9 from all sources over the prior year. 518630213 true false false true false true true false true true false true true false true true false false false false false true true true true false false false false false false false false false true true true false false true true true false false true 1074 0 true 11471 true true true true HR CJ VI false false false true true false false false 56 53 true false false false false false false true true false false true true true true true true true true false NY X X Lyn Kelly 5854752383 7 Lomb Memorial Drive Rochester NY 146235603 Karen Barrows 040.00 X 102444 0 13471 Donald Boyd 040.00 X 208409 0 23665 Lisa Cauda 040.00 X 241813 0 27237 Robert Colon 040.00 X 188271 0 18720 Mary Beth Cooper 040.00 X 235453 0 29231 James DeCaro 040.00 X 204447 0 20854 William Destler 040.00 X 691321 0 75226 Jeremy Haefner 040.00 X 368040 0 49950 T Alan Hurwitz 040.00 X 256013 0 29004 Katherine Mayberry 040.00 X 198531 0 27404 James Miller 040.00 X 313008 0 32781 Deborah Stendardi 040.00 X 209589 0 28755 James Watters 040.00 X 467214 0 31893 Ian Gatley 040.00 X 234401 0 53194 Satish Kandlikar 040.00 X 229131 0 16816 Nabil Nasr 040.00 X 328133 0 60576 Ashok Rao 040.00 X 298858 0 25215 John Schott 040.00 X 237177 0 53295 Stanley McKenzie 040.00 X 256815 0 27755 Willem Appelo 000.10 X 0 0 0 Kathleen Anderson 000.10 X 0 0 0 Donald Boyce 000.10 X 0 0 0 Andrew Brenneman 000.10 X 0 0 0 Irene Taylor Brodsky 000.10 X 0 0 0 Charles Brown Jr 000.10 X 0 0 0 William Buckingham 000.10 X 0 0 0 David Burns 000.10 X 0 0 0 Lawrence Burns 000.10 X 0 0 0 Ann Burr 000.10 X 0 0 0 Essie Calhoun 000.10 X 0 0 0 Mark Clement 000.10 X 0 0 0 Thomas Curley 000.10 X 0 0 0 Sudhakar Dixit 000.10 X 0 0 0 Donna Ehrhart 000.10 X 0 0 0 Nancy Fein 000.10 X 0 0 0 B Thomas Golisano 000.10 X 0 0 0 Arthur Gosnell 000.10 X 0 0 0 Bart Guerreri 000.10 X 0 0 0 Brian Hall 000.10 X 0 0 0 Jeffrey Harris 000.10 X 0 0 0 Frank Hermance 000.10 X 0 0 0 Susan Holliday 000.10 X 0 0 0 Jay Holmes 000.10 X 0 0 0 Samuel Hubbard Jr 000.10 X 0 0 0 Thomas Judson Jr 000.10 X 0 0 0 Richard Kaplan 000.10 X 0 0 0 Kraig Kayser 000.10 X 0 0 0 Joyce Klemmer 000.10 X 0 0 0 Gary Lindsay 000.10 X 0 0 0 Joseph Lobozzo II 000.10 X 0 0 0 Lawrence Matteson 000.10 X 0 0 0 Roosevelt Mercer Jr 000.10 X 0 0 0 Harold Mowl Jr 000.10 X 0 0 0 Brian O'Shaughnessy 000.10 X 0 0 0 Sandra Parker 000.10 X 0 0 0 Wolfgang Pfizenmaier 000.10 X 0 0 0 Susan Puglia 000.10 X 0 0 0 Thomas Richards 000.10 X 0 0 0 Susan Riley 000.10 X 0 0 0 Richard Sands 000.10 X 0 0 0 Janet Sansone 000.10 X 0 0 0 Carl Sassano 000.10 X 0 0 0 E Philip Saunders 000.10 X 0 0 0 Frank Sklarsky 000.10 X 0 0 0 John Summers 000.10 X 0 0 0 Kevin Surace 000.10 X 0 0 0 Sharon Ting 000.10 X 0 0 0 Harry Trueheart III 000.10 X 0 0 0 Donald Truesdale 000.10 X 0 0 0 Judy von Bucher 000.10 X 0 0 0 Chester Watson 000.10 X 0 0 0 Robert Wayland-Smith 000.10 X 0 0 0 Christine Whitman 000.10 X 0 0 0 Ronald Zarrella 000.10 X 0 0 0 5269068 645042 375 true true false Postler Danforth Joint Venture 930 Old Dutch Rd Victor NY 14564 Heating and cooling 6630656 Wiljeff LLC 1265 Scottsville Rd Rochester NY 14624 Rent and tenant contribution 840315 Godosky & Gentile PC 61 Broadway 20th Floor New York NY 10006 Legal services 421917 Nixon Peabody LLP 1100 Clinton Square Rochester NY 14604 Legal services 379568 Harrison Bridges & Assoc Architects LLP 16 South Main St Pittsford NY 14534 Architectural design services 289442 14 104373403 17816978 4922672 122190381 Tuition 900099 346918930 346918930 Auxiliary Services 721000 54726498 54726498 Research 900099 7246483 753791 6492692 Noncredit Instruction 900099 2979988 2979988 Special events 713990 524778 454526 70252 7352379 5520915 14214 1817250 419749056 10900555 -1714890 12615445 690109 690109 230029 230029 401017 175618 225399 225399 225399 235113158 82643 222531995 2512770 12581163 -2430127 10151036 10151036 RIT Inn and Conference Center 721110 3726547 3726547 Commissions bookstore 451211 893203 893203 Margarets House - child care 624410 719890 719890 3369417 2053037 569818 746562 8709057 572845622 357472870 3804006 89378365 396366 396366 121069017 121069017 123664 123664 0 3648229 1132918 2272126 243185 0 221553382 198571811 19329911 3651660 17167546 15132624 2034922 42250298 36861725 4140424 1248149 15093419 13160091 1580201 353127 270000 109734 160266 801363 343800 454237 3326 256585 35 256550 377013 377013 171731 2500 169231 20845666 16590145 4156549 98972 865067 782678 70395 11994 37746436 33414732 3942215 389489 4826931 3363910 1381477 81544 71420 71420 12425482 11965870 459612 10129171 8746752 1025664 356755 0 121276 121250 26 8640640 8162813 477827 0 30355407 28179151 2176256 1033493 966012 68953 -1472 Postretirement benefits FAS106 21533440 19353753 2179687 Nonoperating asset retirement obligation -808876 -768837 -40039 Beneficiary payments and deferred giving 487013 487013 Captioning 177505 177505 Bad debt expense 1618469 488704 1129765 968795 110070 503593 355132 574215948 518630213 48793848 6791887 1245644 1194523 12740622 52172854 33534888 33698032 49713911 55566279 1922785 2147802 5572092 6004527 829516411 315497421 471250654 514018990 329564191 298035626 373169889 374026567 12316664 3018524 1291031340 1339883724 42732997 54580924 28543014 30680821 208105457 203300426 158031009 171277021 437412477 459839192 X 650512700 672341094 85045677 83419247 118060486 124284191 853618863 880044532 1291031340 1339883724 X false true true X true true X 0.00000 0.00000 0.00000 32790 409768 442558 528426885 528869443 1000000 250000 1000000 1000000 1000000 1000000 4000000 6000000 457333 433163 440376 442558 1773430 250000 250000 250000 250000 1000000 1500000 26700 28158 33127 32790 120775 X X 1 32.00 1 false 59800 6797957 X X X Education false false 530411583 6116934 44168388 5809130 15348364 559539411 671482363 13217807 -130157738 6129443 18001403 530411586 0.53200 0.46500 0.00300 false false 10596148 10596148 650376012 239010058 411365954 116821254 76487363 40333891 51722997 51722997 514018990 Commingled Money Market Funds F CDARS Held for Investment 10930749 F Cash Surrender Value of Life Insurance 86380 F Commingled Equity Funds 80786965 F Commingled Fixed Income Funds 10895942 F Hedge funds 162070228 F Private Placements 109256303 F 374026567 FAS 106 Post Retirement Benefits Obligation 125397143 Federal Perkins Loan Program 21667630 FIN 47 Asset Retirement Obligation 15393455 Payable Under Securities Lending 1200007 Taxable Bond Series 2004A 1920000 Constant Maturity Swap 1249271 Payable to Global Delivery Corporation 667239 All other 3782276 171277021 572845622 574215948 -1370326 -1370326 III 4 The Cary Library houses some 20,000 volumes and a growing number of manuscripts and correspondence collections on the history and practice of graphic communication technologies. Also included are impressive holdings on bookbinding, papermaking, type design, calligraphy and book illustration. The goal of developing the digital image database is to enable users all over the world to sample the wealth of rich materials housed in the collection. An additional feature is the inclusion in the schools curriculum of several courses which actually meet in the library.The Collections holdings are also available to outside researchers. III 4 The Will Burtin Collection is an amalgamation of materials from graphic designer Will Burtin. It includes extensive client project files and documentation sketches, mechanicals, models, printed samples, photographs, business and professional correspondence, financial records, publications, personal papers, exhibit plans, and audio/visual materials. The collection is open for academic and public research. III 4 The Public Art on Campus Collection is a series of 31 pieces of fine art including, but not limited to murals, paintings, and statues. All of these works enliven and enrich the cultural environment of RIT, while those that grace the public spaces of our campus help to define and enhance the buildings and walkways they inhabit. V 4 The intended uses of the Universitys endowment funds, as determined by either donor restriction or board designation, include scholarships, awards, professorships, lectures, and other general support of the Universitys educational and research mission. X Effective July 1, 2007, the University adopted FIN 48, and interpretation of SFAS 109 Accounting for Income Taxes. As a tax-exempt organization, the University has a very limited number of tax positions subject to FIN 48, and believes its tax positions meet the more-likely-than-not recognition threshold in FIN 48 and as such, has included the effects of those tax positions in its financial statements. true true true RITs racially non-discriminatory policy with respect to student solicitation is publicized in all University applications, registrations, and other campus-wide publications. In addition, RIT publicizes its racially non-discriminatory employment policies in the local newspaper when recruiting for open positions. true true true true false false false false false false false false true false The University is the recipient of appropriations and assistance from the Department of Education to operate the National Technical Institute for the Deaf, and to support the Federal Work Study and Federal Supplemental Educational Opportunity Grant Programs. The University also receives an appropriation of direct institutional, of Bundy Aid, from the New York State Department of Education. true true East Asia and the Pacific Program services Education of deaf individuals 65731 Russia and the Newly Independent States Program services Education of deaf individuals 57933 123664 East Asia and the Pacific General support 65731 Wire FMV Russia and the Newly Independent States General support 57933 Wire FMV 5 I 2 Grants to foreign organizations represent subawards of funds received from the Nippon Foundation to members of PEN-International, a network of international universities whose goal is to improve post-secondary education for deaf and hard-of-hearing individuals around the world, but primarily in developing countries. Primary monitoring activities include site visits, review of program progress reports, site visits and detailed review of receipts supporting grant expenditures by the director of the network and University accounting staff. true Flower City Habitat for Humanity Inc 755 Culver Rd Rochester NY 14609 133281487 501c3 66759 Sponsor house Greater Rochester Enterprise Inc One HSBC Plaza 100 Chestnut St Ste Rochester NY 14604 100000080 37500 General support Hearing Loss Association of America 25 Westminster Road Rochester NY 14607 521177011 501c3 7000 Event sponsorship Henrietta Fire District 850 Bailey Road W Henrietta NY 14586 160974231 State of NY 35000 General support High Tech Rochester Inc 150 Lucius Gordon Dr 100 W Henrietta NY 14586 161195028 501c3 10000 Business plan contest donation National Association of the Deaf 8630 Fenton St Suite 820 Silver Spring MD 209103819 941358295 501c3 22500 Conference sponsorship National Commission for Cooperative Education 360 Huntington Ave 384 CP Boston MA 021155096 136159027 501c3 32000 Educational grant New York Wine & Culinary Center Inc 800 South Main Street Canandaigua NY 14424 201682175 501c3 50000 General support Rochester Business Alliance 150 State Street Rochester NY 146141308 510439860 501c6 24000 General support 6 9 Scholarships 11500 117986800 FMV Graduate research stipends 299 3216477 FMV Fellowships 71 132735 FMV Awards 218 129370 FMV I 2 The University provides a limited number of grants and assistance as prizes and awards. Individuals and organizations must meet the Universitys predetermined X X X X false true X X X X X false false false false false false false false false Donald Boyd 202922 5486 20460 6171 235039 Lisa Cauda 238599 3214 24000 9575 275388 Robert Colon 187880 391 18720 1236 208227 Mary Beth Cooper 221604 13849 21000 13702 270155 James DeCaro 185425 19022 13399 14986 232832 William Destler 683069 8252 22050 66882 780253 Jeremy Haefner 346990 21051 22050 39385 429476 T Alan Hurwitz 249460 6553 21600 12381 289994 Katherine Mayberry 196725 1806 20000 11636 230167 James Miller 240927 65338 6743 24500 22229 359737 Deborah Stendardi 207710 1878 21300 16644 247532 James Watters 304796 142890 19527 24500 15513 507226 Ian Gatley 232213 2188 23675 35026 293102 Satish Kandlikar 227697 1434 16320 1761 247212 Nabil Nasr 304521 15004 8608 24500 44435 397068 Ashok Rao 291573 7285 22050 8364 329272 John Schott 235278 1899 20857 39425 297459 Stanley McKenzie 248666 8149 24500 8807 290122 I 1b All of the benefits indicated are available to the President and certain benefits are available to select officers. Amounts that are considered taxable are reportable compensation included on the individuals form W-2. Since these benefits are limited to a very few individuals, a written policy is not considered necessary. However, the University has specific written policies pertaining to travel expenditures and payment/reimbursement prior to incurring the cost for these expenses. DASNY RIT Series 2002B 146000293 64983QH51 2006-05-04 15719523 See Schedule O false false DASNY RIT Series 2006A 146000293 64983QF38 2006-05-04 61706239 See Schedule O false false DASNY RIT Series 2008A 146000293 6499034Y4 2008-11-13 84352284 See Schedule O false false 15720929 15560000 144715 9808 2004 true false true true 61710621 60291180 923331 15809 2000 false true true true 85034038 11789213 684451 71894509 2010 false false false true false true true true true 0.01000 0.01000 true false false false false false true false false false false false false false false false false false false The Pike Company See Schedule O 24519124 false SWBR Architects and Engineers See Schedule O 133000 false Xerox Corporation See Schedule O 538483 false X 3 59800 FMV X 24 1277582 Mean value date of gift X 1 45000 Appraisal X Equipment 43 2033138 FMV X Software 12 640221 FMV X Consumables 188 838519 FMV X Other 20 28412 FMV 2 false true false Form 990 VI 11A Prior to filing the return, it was provided to the members of the Audit Committee and subsequently presented for review at a regularly scheduled Audit Committee meeting. Prior to filing the return, it was made available to all members of the Board of Trustees via a secured website. Form 990 VI 12c The Universitys Conflict of Interest policy applies to all members of the Board of Trustees. All trustees and officers are required to disclose potential conflicts of interest as soon as possible. Additionally, on an annual basis, the Secretary of the University distributes a Conflict of Interest Disclosure form to all trustees and officers soliciting disclosure of any actual or potential conflicts. Form 990 VI 12c Following the receipt of information concerning a contract or transaction involving a potential conflict of interest, the Secretary of the University will arrange for the Conflict of Interest Subcommittee to consider the material facts concerning the fairness and business case of the proposed contract or transaction. The Committee shall approve only those contracts or transactions in which the terms are fair and reasonable to the University and the arrangements are consistent with the best interests of the University. In any event, such members will neither vote, nor discharge his/her duties with respect to any matter concerning a conflict. Form 990 VI 12c The Committee shall set forth the basis for its decision with respect to approval of contracts or transactions involving conflicts of interest in the minutes of the meeting at which the decision is made, including the basis for determining that the consideration to be paid is fair to the University. Form 990 VI 12c The Conflict of Interest Conflict of Commitment ICIC policy requires all regular RIT faculty and staff to disclose potential, real, or perceived conflicts of interest or commitment annually to their immediate supervisor. Additionally, the ICIC policy requires that employees submit an annual disclosure and/or a disclosure when circumstances change that may create a potential, real, or perceived conflict. Form 990 VI 15b The Executive Compensation Subcommittee shall decide upon matters of executive salary and benefits, and annually shall review the compensation of the officers of the University, making a recommendation concerning the same to the Executive Committee for its final approval. Form 990 VI 15b The President annually will meet with the Executive Compensation Subcommittee and provide it with an evaluation of the officers of the University, other than the President, and a proposal for their compensation. The Chair of the Board of Trustees annually will meet with the Executive Compensation Subcommittee and provide it with an evaluation of the President and a proposal for the Presidents compensation. Form 990 VI 15b Executive Compensation Subcommittee annually utilizes the following tools to review the compensation for the appropriate positions independent consultant, compensation survey based on a salary analysis of comparable positions in like circumstances. This process was last performed in 2009. Form 990 VI 15b The Executive Compensation Subcommittee reviews the proposed salaries of the following positions President Provost SVP Finance and Administration SVP Enrollment Management and Career Services VP Research VP Development and Alumni Relations SVP Student Affairs President NTID, VP and Dean RIT VP Special Projects VP Government and Community Relations. Form 990 VI 15b The Executive Compensation Subcommittee shall set forth the basis for its decisions with respect to compensation in the minutes of the meeting at which the decisions are made, including the primary conclusions of the evaluation and the basis for determining that the individuals compensation was reasonable in light of the evaluation and comparability data. Form 990 VI 15b The Executive Compensation Subcommittee shall report annually to the Finance Committee and to the full Board concerning the evaluation of officers and the establishment of their compensation. Form 990 VI 19 The following documents are available at the Universitys website at www.rit.edu http//www.rit.edu 1 list of member of the Board of Trustees 2 consolidated audited financial statements and, 3 University Policy and Procedures Manual. Additionally, these documents are available upon request. Schedule K I Series 1999 and Series 2002A are excluded from Schedule K in accordance with the instructions as the bonds were issued prior to December 31, 2002 and have not been advance refunded as of the 12-month period used in completing this schedule. Schedule K I Af The 2002B fixed rate conversion and reoffering of DASNY, RIT Series 2002B, issued 10/31/2002 - Project consists of the renovation and improvement of various academic and administrative buildings and construction of an athletic field house. Pursuant to Code Section 150c3ii, the Issue reported in the Information Return for Tax-Exempt Private Activity Bond Issues Form 8038 and the issuance of the same date of the Issuers Rochester Institute of Technology Insured Revenue Bonds, Series 2006A, as reported in a separate Form 8038 dated 05/04/2006, are treated as parts of a single issue for certain purposes described in Code Section 150c3ii. Schedule K I Bf The Series 2006A advance refunding of DASNY, RIT Series 1997, issued 07/15/1997 - Project consists of construction, renovation and improvements to various residential buildings and apartment complexes and a financial information system. Pursuant to Code Section 150c3ii, the Issue reported in the Information Return for Tax-Exempt Private Activity Bond Issues Form 8038 and the reissuance of the same date of the Issuers Rochester Institute of Technology Insured Revenue Bonds, Series 2002B, as reported in a separate Form 8038 dated 05/04/2006, are treated as parts of a single issue for certain purposes described in Code Section 150c3ii. Schedule K I Cf The 2008A Project consists of construction of a mixed-use housing complex the renewal, replacement and expansion of existing heating and cooling infrastructure and energy management systems and the renovation of academic and administrative buildings on the main campus. Schedule K II 1 A,B,C Total proceeds of issue for Line 1 A, B and C includes investment proceeds of 1,406, 4,382 and 681,754, respectively. Since Part II, Line 3, Proceeds in refunding or defeasance escrows, excludes investment proceeds, 1,406 and 4,382 will be reconciling items to the roll-forward in the calculation of the total proceeds of issue Line 1. Schedule K II 3 A,B Proceeds in refunding or defeasance escrows included in Line 3 A of 15,560,000 were reoffered on May 4, 2006 and Line 3 B of 60,291,180 were offered on May 4, 2006. All proceeds were used as of the date thereof. Schedule K II 5A Issuance costs from proceeds includes 5,000 for credit enhancement and 5,000 for Issuer/DASNY fees. DASNY fees have been excluded from Part II, Line 5, A, in accordance with Regulations Section 1.150-1b. Schedule K II 5B Issuance costs from proceeds includes 470,127 for bond insurance, 75,000 for Issuer/DASNY fees and 400,919 for State issuance fees. DASNY fees and State issuance fees have been excluded from Part II, Line 5, B, in accordance with Regulations Section 1.150-1b. Schedule K II 5C Issuance costs from proceeds includes 75,000 for Issuer/DASNY fees and 590,864 for State issuance fees. DASNY fees and State issuance fees have been excluded from Part II, Line 5, C, in accordance with Regulations Section 1.150-1b. Schedule K II 6 A,B Working capital expenditures from proceeds of 9,808 and 15,809 included in Part II, Line 6, A and B, respectively, represent remaining balances in the cost of issuance accounts that were transferred to the debt service funds for the Series 2002B and Series 2006A. Schedule K II 8 A,B,C The actual dates month/year of substantial completion were May 2004, December 2000 and September 2010, respectively. Schedule K III 4C The percentage of financed property used in a private business use by entities other than a section 501c3 organization or a state of local government is 1.0. This percentage includes issuance costs from proceeds. Schedule L IV Name of interested person - Pike Company Relationship - an officer, Thomas Judson, Jr. is the owner and chairman of Pike Company Amount of Transaction - 24,519,124 Description - Fees for construction associated with Global Village facility Sharing of Organization Revenues - No Schedule L IV Name of interested person - SWBR Architects and Engineers Relationship - family member of an officer, Thomas Judson, Jr., Junius R. Judson II is a partner of SWBR Architects and Engineers Amount of Transaction - 133,000 Description - Architectural design work for the Golisano Institute for Sustainability Sharing of Organization Revenues - No Schedule L IV Name of interested person - Xerox Corporation Relationship - an officer, Willem Appelo is an officer of Xerox Corporation Amount of Transaction - 538,483 Description - fees for copier and other document related services Sharing of Organization Revenues - No Schedule R V c The amounts listed in column c were derived directly from the Universitys general ledger and represent the contemporaneous fair market value of the transactions. Form 990 VI 2 Ann Burr, B. Thomas Golisano, Susan Holliday, Richard Kaplan, Carl Sassano and Christine Whitman are RIT trustees. Business relationship - Complemar Partners Inc., Susan Holiday director, Carl Sassano director, and Christine Whitman Chairman and CEO Business relationship - Frontier Communications, Ann Burr Chairman and Harry Trueheart director of Frontier Telephone of Rochester a subsidiary Business relationship - One Stream Networks LLC - Carl Sassano director and Christine Whitman Chairman Business relationship - Pictometry International Corp., B. Thomas Golisano director and Richard Kaplan director Business relationship - Voiceport LLC, Carl Sassano director and Christine Whitman managing member. Schedule E Form 990 or 990-EZ Financial Aid or Government Assistance Line 6a The org receives aid, Line 6b The org has had their aid revoked or suspended. The University is the recipient of appropriations and assistance from the Department of Education to operate the National Technical Institute for the Deaf, and to support the Federal Work Study and Federal Supplemental Educational Opportunity Grant Programs. The University also receives an appropriation of direct institutional, of Bundy Aid, from the New York State Department of Education. 5257 W Henrietta Road LLC 5257 W Henrietta Road Henrietta NY 14586 161609483 Own Real Property NY 48796 2509459 N/A RIT Global Delivery Corporation 7 Lomb Memorial Drive Rochester NY 14623 201151703 Educational Purposes NY 501c3 509a3-ii N/A American College of Management and Technology Don Frana Bulika 6 Dubrovnik HR Educational Purposes HR RIT Global Delivery Corp RIT High Technology Incubator 7 Lomb Memorial Drive Rochester NY 14623 743034755 Tech training small business NY 501c3 509a3-ii N/A RIT Campus Club 39 Lomb Memorial Drive Rochester NY 14623 161201526 Support RIT NY 501c3 509a3-ii N/A Liban 125 Tech Park Drive Rochester NY 14623 Market Technology DE Rochester Institute of Technology C Corp -743153 164418 0.49800 true false false false false false false false false false true false false false false false true true RIT High Technology Incubator a 145651 RIT Campus Club a 1704 Global Delivery Corporation r 390138