THE RESEARCH FOUNDATION OF THE CITY UNIVERSITY OF NEW YORK (THE FOUNDATION) IS A PRIVATE, NOT-FOR-PROFIT EDUCATIONAL CORPORATION CHARTERED BY THE STATE OF NEW YORK IN 1963. ALTHOUGH THE FOUNDATION PERFORMS A VARIETY OF SERVICES FOR THE CITY UNIVERSITY OF NEW YORK (THE UNIVERSITY), IT IS A SEPARATE LEGAL ENTITY GOVERNED BY ITS OWN BOARD OF DIRECTORS AND OPERATED BY ITS OWN MANAGEMENT TEAM PURSUANT TO THE FOUNDATION'S BYLAWS, POLICIES AND PROCEDURES. THE FOUNDATION RECEIVES, HOLDS AND ADMINISTERS GIFTS, GRANTS AND CONTRACTS; ACTS AS TRUSTEE OF EDUCATIONAL OR CHARITABLE TRUSTS; FINANCES THE CONDUCT OF STUDIES AND RESEARCH IN ALL FIELDS OF INTELLECTUAL INQUIRY; ASSISTS IN DEVELOPING AND INCREASING FACILITIES; AND PERFORMS OTHER TASKS IN SUPPORT OF THE EDUCATIONAL AND COMMUNITY SERVICE OBJECTIVES OF THE UNIVERSITY. THE FOUNDATION EMPLOYS STAFF; ENTERS INTO CONTRACTUAL RELATIONSHIPS; AND ACQUIRES SUCH FACILITIES, GOODS AND SERVICES AS ARE APPROPRIATE TO ITS PURPOSE.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 14 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Education organizations in New York.
- Base
- $128k
- Bonus
- —
- Other
- $229k
- Benefits
- $15k
- Base
- $318k
- Bonus
- —
- Other
- $2k
- Benefits
- $38k
- Base
- $285k
- Bonus
- —
- Other
- —
- Benefits
- $17k
- Base
- $236k
- Bonus
- —
- Other
- $23k
- Benefits
- $29k
- Base
- $254k
- Bonus
- —
- Other
- $194
- Benefits
- $31k
- Base
- $252k
- Bonus
- —
- Other
- $22k
- Benefits
- —
- Base
- $201k
- Bonus
- —
- Other
- $23k
- Benefits
- $48k
- Base
- $229k
- Bonus
- —
- Other
- $690
- Benefits
- $39k
- Base
- $207k
- Bonus
- —
- Other
- $17k
- Benefits
- $28k
- Base
- $210k
- Bonus
- —
- Other
- $985
- Benefits
- $37k
- Base
- $219k
- Bonus
- —
- Other
- $4k
- Benefits
- $12k
- Base
- $166k
- Bonus
- —
- Other
- $2k
- Benefits
- $39k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Former Chief Operating Officer Former Officer/director/trustee 75th to 90th percentile | $128k | — | $229k | $15k | $520k $584k |
President 75th to 90th percentile | $318k | — | $2k | $38k | $384k $431k |
Associate Grants Director - City College Highest Compensated Employee 75th to 90th percentile | $285k | — | — | $17k | $331k $371k |
Senior Associate Counsel Highest Compensated Employee 75th to 90th percentile | $236k | — | $23k | $29k | $314k $353k |
Director of Research Policy and Indirect Cost - Thru 9/2023 Highest Compensated Employee 75th to 90th percentile | $254k | — | $194 | $31k | $311k $349k |
Cuny Project Director Highest Compensated Employee 75th to 90th percentile | $252k | — | $22k | — | $301k $338k |
Project Director Highest Compensated Employee 75th to 90th percentile | $201k | — | $23k | $48k | $295k $331k |
Chief Financial Officer 75th to 90th percentile | $229k | — | $690 | $39k | $292k $328k |
Chief Information Officer Median to 75th percentile | $207k | — | $17k | $28k | $275k $308k |
Chief Counsel & Secretary Secretary (Operational) 75th to 90th percentile | $210k | — | $985 | $37k | $270k $303k |
Chief Human Resources Officer - As of 11/20/2023 Officer (Unspecified) | $219k | — | $4k | $12k | $237k $266k |
Interim Chief Operating Officer - 07/2023 Thru 09/2023 Median to 75th percentile | $166k | — | $2k | $39k | $230k $258k |
Chief Operating Officer - 09/2023 Thru 02/2024 Below 10th percentile | — | — | — | — | $65k $73k |
Board Member - Grad Student Board Member 25th percentile to median | — | — | — | — | $31k $34k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 18 unpaid individuals.
Top pay as a share of expenses
In 2023, the highest total compensation at Research Foundation of the City University of New York equaled 0.1% of the organization's total expenses. The median for education organizations is 7%.
Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.
Funded by
Private foundations whose Form 990-PF Part XV grants matched this organization.
Up 54%
from 2022
From $338k in 2022 to $520k in 2023.
Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Former Officer/director/trustee pay rose 232% from 2022 to 2023, while revenue rose 12%.
- Chief Executive Officer pay rose 17% from 2022 to 2023.
- Highest Compensated Employee pay fell 2% from 2022 to 2023.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about Research Foundation of the City University of New York
What does the Former Officer/director/trustee of Research Foundation of the City University of New York earn?
In 2023, the Former Officer/director/trustee of Research Foundation of the City University of New York received $520,364 in total compensation. This pay is in the top quarter for Former Officer/director/trustee roles among Education organizations in New York, though not the top 10% of comparable filings. Based on IRS Form 990 data.
How does Former Officer/director/trustee pay at Research Foundation of the City University of New York compare with similar nonprofits?
Compared with the same role at Education organizations in New York, the 2023 pay of the Former Officer/director/trustee at Research Foundation of the City University of New York falls between the 75th and 90th percentiles. In 2023, the highest total compensation at Research Foundation of the City University of New York equaled 0.1% of the organization's total expenses. The median for education organizations is 7%.
What are Research Foundation of the City University of New York's revenue and expenses?
In 2023, Research Foundation of the City University of New York reported $673M in total revenue and $665.3M in total expenses on its IRS Form 990.
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