Civic Intelligence

Research Foundation Post-Retirement Benefits Plan

990 • Fiscal year 2017 • EIN 80-0412424

Jan 01, 2017 to Dec 31, 2017 • Filed on Oct 16, 2018

Organization ProfileWWW.RFSUNY.ORG
PO Box 9Albany, NY 12201

(518) 434-7050

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

97th percentile

1.00x

Higher debt load relative to assets than 97% of similar nonprofits.

2017 filings • 501(c)9 • $100M-$250M nonprofits • Source year 2017

Liabilities / Revenue

100th percentile

15.17x

Higher debt load relative to revenue than 100% of similar nonprofits.

2017 filings • 501(c)9 • $100M-$250M nonprofits • Source year 2017

Net Margin

35th percentile

0.0%

Higher net margin than 35% of similar nonprofits.

2017 filings • 501(c)9 • $100M-$250M nonprofits • Source year 2017

Top Officer Pay

45th percentile

$25,024

Higher top officer pay than 45% of similar nonprofits.

Top officer pay equals 0.2% of source-year revenue.

2017 filings • 501(c)9 • $100M-$250M nonprofits • Source year 2017

Asset Growth

67th percentile

14%

Faster asset growth than 67% of similar nonprofits.

2017 filings • 501(c)9 • $100M-$250M nonprofits • Annualized from 2016 to 2017

Revenue Growth

2nd percentile

-61%

Faster revenue growth than 2% of similar nonprofits.

2017 filings • 501(c)9 • $100M-$250M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets97th percentile

Assets

Up

$229,620,499

Up $28,679,322 (+14%) from 2016

Net Assets

Flat

$0

Flat from 2016

Liabilities

Up

$229,620,499

Up $28,679,322 (+14%) from 2016

Revenue And Expenses
Liabilities / Revenue100th percentileNet Margin35th percentile

Revenue

Down

$15,131,608

Down $23,412,263 (-61%) from 2016

Expenses

Down

$15,131,608

Down $23,412,263 (-61%) from 2016

Net Income

Flat

$0

Flat from 2016

Historical Trend

Balance Sheet Trend

Asset Growth67th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$400M$300M$200M$100M$0Assets 2010: $96,332,959Liabilities 2010: $96,332,959Net Assets 2010: $02010Assets 2011: $99,966,976Liabilities 2011: $99,966,976Net Assets 2011: $02011Assets 2012: $118,087,097Liabilities 2012: $118,087,097Net Assets 2012: $02012Assets 2013: $139,047,752Liabilities 2013: $139,047,752Net Assets 2013: $02013Assets 2014: $156,490,878Liabilities 2014: $156,490,878Net Assets 2014: $02014Assets 2015: $172,120,148Liabilities 2015: $172,120,148Net Assets 2015: $02015Assets 2016: $200,941,177Liabilities 2016: $200,941,177Net Assets 2016: $02016Assets 2017: $229,620,499Liabilities 2017: $229,620,499Net Assets 2017: $02017Assets 2018: $225,817,667Liabilities 2018: $225,817,667Net Assets 2018: $02018Assets 2019: $261,749,797Liabilities 2019: $261,749,797Net Assets 2019: $02019Assets 2020: $294,151,530Liabilities 2020: $294,151,530Net Assets 2020: $02020Assets 2021: $322,437,363Liabilities 2021: $322,437,363Net Assets 2021: $02021Assets 2022: $292,932,224Liabilities 2022: $292,932,224Net Assets 2022: $02022Assets 2023: $306,654,587Liabilities 2023: $306,654,587Net Assets 2023: $02023Assets 2024: $328,838,119Liabilities 2024: $328,838,119Net Assets 2024: $02024

Highlighted filing

2017

Assets$229,620,499
Liabilities$229,620,499
Net Assets$0
Open 2017 Filing

Operations Trend

Revenue Growth2nd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$40M$30M$20M$10M$0Expenses 2010: $20,821,5262010Expenses 2011: $18,662,2162011Expenses 2012: $19,329,4472012Revenue 2013: $24,333,009Expenses 2013: $24,333,009Net Income 2013: $02013Revenue 2014: $25,974,354Expenses 2014: $25,974,354Net Income 2014: $02014Revenue 2015: $30,960,865Expenses 2015: $30,960,865Net Income 2015: $02015Revenue 2016: $38,543,871Expenses 2016: $38,543,871Net Income 2016: $02016Revenue 2017: $15,131,608Expenses 2017: $15,131,608Net Income 2017: $02017Revenue 2018: $15,561,113Expenses 2018: $15,561,113Net Income 2018: $02018Revenue 2019: $21,038,844Expenses 2019: $21,038,844Net Income 2019: $02019Revenue 2020: $15,921,571Expenses 2020: $15,921,571Net Income 2020: $02020Revenue 2021: $36,534,033Expenses 2021: $36,534,033Net Income 2021: $02021Revenue 2022: $24,928,827Expenses 2022: $24,928,827Net Income 2022: $02022Revenue 2023: $28,232,047Expenses 2023: $28,232,047Net Income 2023: $02023Revenue 2024: $23,316,700Expenses 2024: $23,316,700Net Income 2024: $02024

Highlighted filing

2017

Revenue$15,131,608
Expenses$15,131,608
Net Income$0
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Oct 16, 2018
Return Version
2017v2.2
Gross Receipts
$85,937,345
Mission and Program Overview

Mission

To provide post-retirement benefits to eligible participants.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$133,377,188$160,401,537▲ $27,024,349
Investments in Publicly Traded Securities$51,627,860$60,220,421▲ $8,592,561
Savings and Temporary Cash Investments$5,135,013$8,994,939▲ $3,859,926
Cash and Non-Interest-Bearing Accounts$0--
Accounts Receivable$0--
Other Notes and Loans Receivable, Net$0--
Pledges and Grants Receivable$0--
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Program Related$0--
Land, Buildings, and Equipment, Net$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0--
Rtn Earn Endowment Incm Other Fnds$0--
Cap Stk Tr Prin Current Funds$0--
Intangible Assets$0--
Inventories for Sale or Use$0--
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0--
Total Assets$200,941,177$229,620,499▲ $28,679,322
Other Assets Total$10,801,116$3,602▼ $10,797,514
Liabilities
Other Liabilities$200,754,329$229,477,425▲ $28,723,096
Accounts Payable and Accrued Expenses$186,848$143,074▼ $43,774
Grants Payable$0--
Mortgage Notes Payable Secured by Investment Property$0--
Unsecured Notes Loans Payable$0--
Deferred Revenue$0--
Escrow Account Liability$0--
Tax Exempt Bond Liabilities$0--
Total Liabilities$200,941,177$229,620,499▲ $28,679,322
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$0→ $0
Total Liabilities and Net Assets / Fund Balance$200,941,177$229,620,499▲ $28,679,322

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$31,278,695--
Compensation and Service Providers
Top Officer Pay45th percentile

Employees

NameTitleBaseTotal
-Trustee$25,024$25,024

Highest Paid Contractors

ContractorServicesLocationCompensation
Partner's Capital Investment Group LLCInvestment ConsultingFederal Reserve Plaza, 600 Atlantic Ave 30th fl, Boston, MA 02210$839,935
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$9,344,990
Investment Income
$5,786,618
Other Revenue
$0
Change in Net Assets
$0
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$6,924,690
Salaries, Compensation, and Employee Benefits$25,024
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members---$8,181,894
Other Expenses---$5,931,616
Fees for Service Investment Mgmnt Fees---$879,935
Fees for Services Management---$113,139
Current Officers, Directors, Trustees, and Key Employees---$25,024
Total Functional Expenses$0$0$0$15,131,608
International Activity

International Summary

Offices
0
Employees
0
Spending
$142,262,440

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
Yes
Foreign partnership interest
Yes
Interest in foreign trust
No
Passive foreign investment company interest
Yes
Transfers to foreign corporations
Yes

International Activities

RegionActivityServicesOfficesEmployeesSpending
Central America and the CaribbeanInvestments---$142,262,440
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Liability for Post-retirement$229,477,425
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 12A PART VI - POLICIES

“The filing organization does not have any employees, does not have its own officers or directors aside from an institutional trustee and the research foundation for the state university of new york ("the research foundation") as its sponsoring organization. Therefore the filing organization does not have a written conflict of interest policy, a whistleblower policy, or a document retention and destruction policy. The corporate documents are retained by the research foundation and that organization does have a written document retention and destruction policy. Furthermore, the research foundation has a conflict of interest and a whistleblower policy. There are no individuals employed and/or compensated by the filing organization.”

Form 990, Part VI, Line 7A Members or stockholders electing members of governing body

“The research foundation for the state university of new york, as the filing organization's sponsoring organization, has the ability to remove or replace the filing organization's trustee.”

Form 990, Part VI, Line 7B Decisions requiring approval by members or stockholders

“The board of directors of the research foundation for the state university of new york, as the filing organization's sponsoring organization, through its finance committee, makes decisions relative to the filing organization's assets.”

Form 990, Part VI, Line 11B Review of form 990 by governing body

“A complete copy of the filing organization's final form 990 (including all required schedules), as ultimately filed with the irs, was provided to the audit committee of the board of directors of the sponsoring organization, the research foundation for the state university of new york, before its filing with the irs.”

Form 990, Part VI, Line 19 Required documents available to the public

“All relevant filing and governing documents are available to the general public upon request.”

Filing and Contact Details

Filer

Filer Name
Research Foundation Post-Retirement Benefits Plan
EIN
80-0412424
Phone
5184347050
Address
PO Box 9, Albany, NY 12201

Signing Officer

Name
Emily Kunchala
Title
CFO, Fiduciary
Signed
2018-10-16
Discuss with paid preparer
Yes

Organization Details

Formed
2009
Legal Domicile
Ny
Voting Board Members
1
Independent Board Members
1
Employees
0
Volunteers
0

Preparer

Firm
Kpmg Llp
Address
60 SOUTH ST, BOSTON, MA 02111
Preparer
Shyamalee Joseph
Phone
6179881000
Raw XML Appendix367 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0186848
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0143074
IRS990/AccountsReceivableGrp/BOYAmt00
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO PROVIDE POST-RETIREMENT BENEFITS TO ELIGIBLE PARTICIPANTS.
IRS990/AllOtherExpensesGrp/FundraisingAmt00
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/AllOtherExpensesGrp/ProgramServicesAmt00
IRS990/AllOtherExpensesGrp/TotalAmt00
IRS990/BenefitsToMembersGrp/TotalAmt08181894
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0EMILY KUNCHALA
IRS990/BooksInCareOfDetail/PhoneNum05184347050
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 9
IRS990/BooksInCareOfDetail/USAddress/CityNm0ALBANY
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd012201
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt00
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt025024
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContractorCompensationGrp/CompensationAmt0839935
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0Federal Reserve Plaza
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine2Txt0600 Atlantic Ave 30th fl
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0BOSTON
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0MA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd002210
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0PARTNER'S CAPITAL INVESTMENT GROUP LLC
IRS990/ContractorCompensationGrp/ServicesDesc0INVESTMENT CONSULTING
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt08181894
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt05786618
IRS990/CYOtherExpensesAmt06924690
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt09344990
IRS990/CYRevenuesLessExpensesAmt00
IRS990/CYSalariesCompEmpBnftPaidAmt025024
IRS990/CYTotalExpensesAmt015131608
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt015131608
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt00
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0THE FILING ORGANIZATION IS A VOLUNTARY EMPLOYEE BENEFIT ASSOCIATION (VEBA) TRUST, ESTABLISHED TO ACCOMPLISH THE FOLLOWING ACTIVITIES: THE PAYMENT OF HEALTH CARE AND DENTAL RELATED CLAIMS OF ELIGIBLE RETIREES OF THE RESEARCH FOUNDATION FOR THE STATE UNIVERSITY OF NEW YORK (EIN 14-1368361), MANAGEMENT OF THE INVESTMENT PORTFOLIO THAT HAS BEEN FUNDED TO PAY FOR CURRENT AND FUTURE CLAIMS OF THOSE RETIREES, RECEIPT AND PROCESSING OF CONTRIBUTIONS FROM THE RETIREES AS APPLICABLE, AND RECEIPT AND PROCESSING OF FUNDING FROM THE RESEARCH FOUNDATION FOR THE STATE UNIVERSITY OF NEW YORK.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt00
IRS990/EscrowAccountLiabilityGrp/BOYAmt00
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesManagementGrp/TotalAmt0113139
IRS990/FeesForServicesOtherGrp/FundraisingAmt00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt00
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt0879935
IRS990/ForeignActivitiesInd0true
IRS990/ForeignCountryCd0CJ
IRS990/ForeignFinancialAccountInd0true
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.0
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt0Bank of New York Mellon Trustee
IRS990/Form990PartVIISectionAGrp/InstitutionalTrusteeInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt025024
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/TitleTxt0Trustee
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0true
IRS990/FormationYr02009
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt0494706
IRS990/GainOrLossGrp/SecuritiesAmt03406685
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt01
IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt02045156
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt072661972
IRS990/GrossReceiptsAmt085937345
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt01
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt01885090
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01885227
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt0137
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0133377188
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0160401537
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt051627860
IRS990/InvestmentsPubTradedSecGrp/EOYAmt060220421
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt00
IRS990/LegalDomicileStateCd0NY
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt01550450
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt069255287
IRS990/LoanOutstandingInd0false
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MiscellaneousRevenueGrp/ExclusionAmt00
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt00
IRS990/MiscellaneousRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/MissionDesc0TO PROVIDE POST-RETIREMENT BENEFITS TO ELIGIBLE PARTICIPANTS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt00
IRS990/NetAssetsOrFundBalancesEOYAmt00
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt03897132
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt03901391
IRS990/NetGainOrLossInvestmentsGrp/UnrelatedBusinessRevenueAmt04259
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt010801116
IRS990/OtherAssetsTotalGrp/EOYAmt03602
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0POST-RETIREMENT BENEFITS EXPENSE
IRS990/OtherExpensesGrp/TotalAmt05931616
IRS990/OtherLiabilitiesGrp/BOYAmt0200754329
IRS990/OtherLiabilitiesGrp/EOYAmt0229477425
IRS990/OtherRevenueTotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0DR JEFFREY CHEEK
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0RESEARCH FOUNDATION EMPLOYER FUNDING
IRS990/ProgramServiceRevenueGrp/Desc1RESEARCH FOUNDATION PARTICIPANT CONTRIBU
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt08480743
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1864247
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt08480743
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1864247
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt012597155
IRS990/PYInvestmentIncomeAmt03100190
IRS990/PYOtherExpensesAmt025913394
IRS990/PYProgramServiceRevenueAmt035443681
IRS990/PYRevenuesLessExpensesAmt00
IRS990/PYSalariesCompEmpBnftPaidAmt033322
IRS990/PYTotalExpensesAmt038543871
IRS990/PYTotalRevenueAmt038543871
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt00
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt05135013
IRS990/SavingsAndTempCashInvstGrp/EOYAmt08994939
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0229477425
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LIABILITY FOR POST-RETIREMENT
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt017622688
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1111500154
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt231278695
IRS990ScheduleD/OtherSecuritiesGrp/Desc0ABS. MULTISTRAT. RETURN FUND
IRS990ScheduleD/OtherSecuritiesGrp/Desc1GLOBAL EQUITIES
IRS990ScheduleD/OtherSecuritiesGrp/Desc2PRIVATE EQUITY FUNDS
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2F
IRS990ScheduleD/TotalBookValueSecuritiesAmt0160401537
IRS990ScheduleD/TotalLiabilityAmt0229477425
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt0142262440
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0Central America and the Caribbean
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0Investments
IRS990ScheduleF/BoycottCountriesInd0false
IRS990ScheduleF/ContinuationSpentAmt00
IRS990ScheduleF/ContinuationTotalEmployeeCnt00
IRS990ScheduleF/ContinuationTotalOfficeCnt00
IRS990ScheduleF/ForeignCorpOwnershipInd0true
IRS990ScheduleF/ForeignPartnershipInd0true
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0true
IRS990ScheduleF/SubtotalEmployeesCnt00
IRS990ScheduleF/SubtotalOfficesCnt00
IRS990ScheduleF/SubtotalSpentAmt0142262440
IRS990ScheduleF/TotalEmployeeCnt00
IRS990ScheduleF/TotalOfficeCnt00
IRS990ScheduleF/TotalSpentAmt0142262440
IRS990ScheduleF/TransferToForeignCorpInd0true
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FILING ORGANIZATION DOES NOT HAVE ANY EMPLOYEES, DOES NOT HAVE ITS OWN OFFICERS OR DIRECTORS ASIDE FROM AN INSTITUTIONAL TRUSTEE AND THE RESEARCH FOUNDATION FOR THE STATE UNIVERSITY OF NEW YORK ("THE RESEARCH FOUNDATION") AS ITS SPONSORING ORGANIZATION. THEREFORE THE FILING ORGANIZATION DOES NOT HAVE A WRITTEN CONFLICT OF INTEREST POLICY, A WHISTLEBLOWER POLICY, OR A DOCUMENT RETENTION AND DESTRUCTION POLICY. THE CORPORATE DOCUMENTS ARE RETAINED BY THE RESEARCH FOUNDATION AND THAT ORGANIZATION DOES HAVE A WRITTEN DOCUMENT RETENTION AND DESTRUCTION POLICY. FURTHERMORE, THE RESEARCH FOUNDATION HAS A CONFLICT OF INTEREST AND A WHISTLEBLOWER POLICY. THERE ARE NO INDIVIDUALS EMPLOYED AND/OR COMPENSATED BY THE FILING ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE RESEARCH FOUNDATION FOR THE STATE UNIVERSITY OF NEW YORK, AS THE FILING ORGANIZATION'S SPONSORING ORGANIZATION, HAS THE ABILITY TO REMOVE OR REPLACE THE FILING ORGANIZATION'S TRUSTEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS OF THE RESEARCH FOUNDATION FOR THE STATE UNIVERSITY OF NEW YORK, AS THE FILING ORGANIZATION'S SPONSORING ORGANIZATION, THROUGH ITS FINANCE COMMITTEE, MAKES DECISIONS RELATIVE TO THE FILING ORGANIZATION'S ASSETS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A COMPLETE COPY OF THE FILING ORGANIZATION'S FINAL FORM 990 (INCLUDING ALL REQUIRED SCHEDULES), AS ULTIMATELY FILED WITH THE IRS, WAS PROVIDED TO THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS OF THE SPONSORING ORGANIZATION, THE RESEARCH FOUNDATION FOR THE STATE UNIVERSITY OF NEW YORK, BEFORE ITS FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL RELEVANT FILING AND GOVERNING DOCUMENTS ARE AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 12a PART VI - POLICIES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 7a Members or stockholders electing members of governing body
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 11b Review of form 990 by governing body
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 19 Required documents available to the public
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0THE RESEARCH FOUNDATION FOR THE STATE UNIVERSITY OF NEW YORK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0141368361
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0RESEARCH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt07
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0PO BOX 9
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0ALBANY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd012201
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0true
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0true
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/SupplementalInformationDetail/ExplanationTxt0THE RELATED ORGANIZATION, THE RESEARCH FOUNDATION FOR THE STATE UNIVERSITY OF NEW YORK, EIN 14-1368361, IS THE CONTRIBUTING EMPLOYER AND SPONSORING ORGANIZATION FOR THE FILING ORGANIZATION, WHICH IS A SECTION 501(C)(9) VEBA TRUST. TRANSACTIONS LISTED IN SCHEDULE R, PART V, ARE THE EMPLOYER CONTRIBUTIONS TO THE VEBA TRUST, AND REIMBURSEMENTS BY THE VEBA TRUST OF CLAIMS AND ADMINISTRATIVE PAYMENTS FROM THE SPONSORING ORGANIZATION.
IRS990ScheduleR/SupplementalInformationDetail/FormAndLineReferenceDesc0NOTE ON RELATED ORG TRANSACTION
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt00
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0200941177
IRS990/TotalAssetsEOYAmt0229620499
IRS990/TotalAssetsGrp/BOYAmt0200941177
IRS990/TotalAssetsGrp/EOYAmt0229620499
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt015131608
IRS990/TotalGrossUBIAmt04396
IRS990/TotalLiabilitiesBOYAmt0200941177
IRS990/TotalLiabilitiesEOYAmt0229620499
IRS990/TotalLiabilitiesGrp/BOYAmt0200941177
IRS990/TotalLiabilitiesGrp/EOYAmt0229620499
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOthProgramServiceRevGrp/ExclusionAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt00
IRS990/TotalOthProgramServiceRevGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt00
IRS990/TotalProgramServiceRevenueAmt09344990
IRS990/TotalReportableCompFromOrgAmt025024
IRS990/TotalRevenueGrp/ExclusionAmt05782222
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt09344990
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt015131608
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt04396
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0200941177
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0229620499
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO Box 9
IRS990/USAddress/CityNm0Albany
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd012201
IRS990/VotingMembersGoverningBodyCnt01
IRS990/VotingMembersIndependentCnt01
IRS990/WebsiteAddressTxt0WWW.RFSUNY.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Emily Kunchala
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO, Fiduciary
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-10-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Research Foundation Post-Retirement Benefits Plan
ReturnHeader/Filer/BusinessNameControlTxt0RESE
ReturnHeader/Filer/EIN0800412424
ReturnHeader/Filer/PhoneNum05184347050
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 9
ReturnHeader/Filer/USAddress/CityNm0Albany
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd012201
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0135565207
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KPMG LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt060 SOUTH ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BOSTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002111
ReturnHeader/PreparerPersonGrp/PhoneNum06179881000
ReturnHeader/PreparerPersonGrp/PreparationDt02017-09-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SHYAMALEE JOSEPH
ReturnHeader/ReturnTs02018-10-16T15:00:07-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$229,620,499
Liabilities
$229,620,499
Net assets
$0
Revenue
$15,131,608
Expenses
$15,131,608
Net income
$0
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$329$329$0.00$23.3$23.3$0.00
2023Summary only. Only limited summary data is available for this year.$307$307$0.00$28.2$28.2$0.00
2022Summary only. Only limited summary data is available for this year.$293$293$0.00$24.9$24.9$0.00
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$322$322$0.00$36.5$36.5$0.00
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$294$294$0.00$15.9$15.9$0.00
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$262$262$0.00$21.0$21.0$0.00
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$226$226$0.00$15.6$15.6$0.00
2017Detailed filing. Detailed filing data is available for this year.$230$230$0.00$15.1$15.1$0.00
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$201$201$0.00$38.5$38.5$0.00
2015Detailed filing. Detailed filing data is available for this year.$172$172$0.00$31.0$31.0$0.00
2014Detailed filing. Detailed filing data is available for this year.$156$156$0.00$26.0$26.0$0.00
2013Summary only. Only limited summary data is available for this year.$139$139$0.00$24.3$24.3$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$118$118$0.00$19.3
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$100.0$100.0$0.00$18.7
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$96.3$96.3$0.00$20.8