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research dossier

The Research Foundation for The State University of New York
ALBANY, NY · EIN 141368361 · Form 990 · FY2024 · NTEE B114 · Education · Very Large (>$50M) · rfsuny.org
revenue
$1.9B
expenses
$1.6B
net assets
$1.2B
employees
15,627
volunteers
1,298
program ratio
83%
profile · synthesized from sources

The Research Foundation for The State University of New York supports research and innovation across the SUNY system by providing research administration services, technology commercialization, and funding infrastructure. It facilitates academic research, technology transfer, and startup development, enhancing SUNY's national and global research impact. The organization operates throughout New York State.

irs program accomplishments · form 990 part iii · fy2024

What they reported doing

  1. #1 primary $122.41M
    PUBLIC SERVICE- PROGRAM SERVICE ACCOMPLISHMENTS- SEE SCHEDULE O
  2. #2 $103.59M
    TRAINING AND EDUCATION- PROGRAM SERVICE ACCOMPLISHMENTS - SEE SCHEDULE O
named programs · 3 · from sources

What they call their work

Research Administration Services
Provides grant management, compliance, and administrative support to SUNY researchers to facilitate sponsored research projects
SUNY Startup Summer School
Annual accelerator program selecting early-stage ventures from SUNY campuses to receive funding, mentorship, and pitch opportunities; culminates in Demo Day with access to Catalyst Investments
SUNY TechConnect
Technology licensing and partnership platform that commercializes over 200 annual innovations from SUNY researchers by connecting them with industry partners and investors
activities · 3 groups

What they do

  • Community Festival & Event Production 2 activities
    • Conducting public service activities
      Delivered public service activities with $122,414,678 in expenses during tax year 2024, indicating large-scale operational engagement in service provision.
    • Providing training and education services
      Offered training and education services with $103,589,073 in expenses during tax year 2024, reflecting substantial investment in educational programming.
  • Youth and Student Entrepreneurship Competitions 1 activity
    • Organizing startup pitch events and connecting teams with funding
      Organizes the SUNY Startup Summer School Demo Day, where selected teams pitch for up to $200,000 in funding from the SUNY Technology Accelerator Fund, supporting early-stage innovation and entrepreneurship.
  • Uncategorized 3 activities
    • Conducting health-related longitudinal research
      Conducted a longitudinal study following over 5,000 women aged 63 to 99, finding that increased grip strength is associated with lower mortality risk.
    • Developing virtual reality systems for agricultural applications
      Developed a virtual reality system that generates real-time interactive 3D views of physical farms, supporting immersive monitoring and analysis of agricultural operations.
    • Managing technology licensing and partnerships from SUNY research
      Manages the licensing and partnership opportunities for over 200 new technologies developed annually through SUNY research, facilitating commercialization and real-world application.
financials · form 990 · fy2024
revenue
Total revenue$1.86B
Contributions & grants$1.55B83%
Program service revenue$208.74M11%
Investment income$57.32M3%
Other revenue$47.58M
expenses
Total expenses$1.65B
Program expenses83%
Admin / overhead17%
Fundraising0%
Salaries & benefits$847.42M
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$1.94B
Cash$118.15M
Investments$740.37M
Liabilities$736.93M
Net assets$1.20B
Liquid reserves6.3 mo
5 years on record · 2019–2024 · YoY revenue +28.8%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 13
NameTitleHours/wkCompensation
MR DAVID MARCUS CIO, STONY BROOK FOUNDATION 38 $657K
MS EILEEN M PEZZI VP FOR DEVELOPMENT, UPSTATE MEDICAL UNIVERSITY 38 $501K
MS PATRICIA ARCIERO-CRAIG CHIEF ADMINISTRATIVE OFFICER 38 $480K
MR DAVID ANDERSON PRESIDENT, NY CREATES 38 $479K
MS LORRAINE L MANZELLA ADMN DIR, UPSTATE UNIV MED ASSOCIATION 38 $381K
MR CHRISTOPHER ASHLEY GENERAL COUNSEL AND SECRETARY 38 $376K
MS KATHLEEN CAGGIANO-SIINO INTERIM CHIEF OPERATING OFFICER THROUGH OCTOBER 2024 38 $334K
DR MELUR RAMASUBRAMANIAN PRESIDENT 19 $327K
MR JOSHUA B TOAS CHIEF COMPLIANCE OFFICER 38 $307K
MR RYAN P FARRELL CHIEF FINANCIAL OFFICER 38 $300K
MS KERRY GILCHRIST VP INTERNAL AUDIT 38 $207K
MR BENJAMIN FRIEDMAN CHIEF OPERATING OFFICER AS OF OCTOBER 2024 38 $84K
DR SATISH K TRIPATHI DIRECTOR 2 $80K
board members · 12
  • COL TIMOTHY J LAWRENCE — DIRECTOR
  • DR BAHGAT G SAMMAKIA — DIRECTOR
  • DR BENJAMIN Z HOULTON — DIRECTOR
  • MR ADAM BARSKY — DIRECTOR AS OF MAY 2025
  • MR DANIEL C TOMSON — DIRECTOR
  • MR EDWARD M SPIRO — DIRECTOR
  • MR ERIC L COCHRAN — DIRECTOR
  • MR MICHAEL CADIGAN — DIRECTOR AS OF MAY 2025
  • MR ROBERT MEGNA — DIRECTOR
  • MR ROBERT P BALACHANDRAN — DIRECTOR
  • MR ROBERT S AZEKE — DIRECTOR
  • MS ANDREA GOLDSMITH — DIRECTOR AS OF MAY 2025
relationships · 2

Who they work with

  • Binghamton University Partner — Develops innovative technologies, such as a virtual reality system for farms, in collaboration with The Research Foundation for SUNY.
  • University at Buffalo Partner — Conducts research in partnership with The Research Foundation for SUNY.
strategies · 2

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Integrated Support for Research and Education
    methodology: training_and_education_infrastructure
    By embedding training and educational infrastructure within research support services, we strengthen workforce development and research capacity, because building human capital alongside research systems produces sustainable scientific advancement.
  • Research Administration as Infrastructure
    methodology: research_administration_infrastructure
    By providing integrated research administration talent, services, and technology, we enable SUNY researchers to focus on scientific inquiry and innovation, because reducing administrative burden increases research efficiency and success.