Public Charity

RESEARCH FOUNDATION OF THE CITY

RESEARCH FOUNDATION OF THE CITY is a nonprofit organization categorized as Public Charity based in DETROIT, MI. Its most recent IRS filing (2024) reports revenue of $63.0M, expenses of $48.3M, total assets of $260.5M. Imperigo tracks 13 reported grant relationships connected to this organization totaling approximately $10.6M.

EIN: 020733394 DETROIT, MI Voluntary Employees Beneficiary Associations (Non-Government) NTEE: Y43 Latest filing: 2024
Total Revenue$63.0M
Total Expenses$48.3M
Total Assets$260.5M
Grant Records13
Funding Total$10.6M
Filing Years2019–2024

Mission

PROVIDE RETIREMENT MEDICAL AND DENTAL BENEFITS TO THE EMPLOYEES OF THE RESEARCH FOUNDATION OF THE CITY UNIVERSITY OF NEW YORK

Where $100 goes at Research Foundation of the City

How Research Foundation of the City divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.

$98 Programs the work itself
$2 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $98 for programs

$98
Provide retirement medical and dental benefits to the employees of the Research Foundation of the City university of new york
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

BOARD MEMBER Abel Valenzuela Jr
BOARD MEMBER Ayman El-Mohandes
BOARD MEMBER Chauncy Lennon
BOARD MEMBER David Jeruzalmi
CHAIRPERSON Felix Matos Rodriguez
CHIEF FINANCIAL OFFICER Gavita Harris

Officer compensation and complete director data available with membership.

Top Grant Purposes

Education
$6,846,839 5 grants
General Support
$460,000 1 grant
Training & Professional Development
$79,550 3 grants
Unspecified
$3,228,055 4 grants

Financial Trends

Year Revenue Expenses Assets
2024 $63.0M $48.3M $260.5M
2023 $50.4M $44.4M $235.6M
2022 $50.0M $37.0M $203.8M
2020 $43.8M $33.1M $218.4M
2019 $53.2M $38.8M $193.2M

Between 2019 and 2024, reported annual revenue grew from $53.2M to $63.0M (+18%), with total assets most recently reported at $260.5M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for RESEARCH FOUNDATION OF THE CITY

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