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ROCKEFELLER UNIVERSITY: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
ROCKEFELLER UNIVERSITY (EIN 13-1624158)
Tax period
2023-07-01 to 2024-06-30
Filed
2025-02-13
IRS object ID
202530449349301203
Schema version
2023v6.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-02-13T07:59:41-06:00ReturnTs
Tax Period End2024-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN991856619PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Grant Thornton Advisors LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1757 Third AvenueAddressLine1Txt
CityNew YorkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP100172013ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN131624158EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE ROCKEFELLER UNIVERSITYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlROCKBusinessNameControlTxt
Phone2123278000PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11230 YORK AVENUEAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP100656307ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonRomayne L BottiPersonNm
Person TitleVP for Finance, TreasurerPersonTitleTxt
Phone2123278301PhoneNum
Signature2025-02-13SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDaniel RomanoPreparerPersonNm
PTINP00504182PTIN
Phone2125429609PhoneNum
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerRichard P LiftonPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11230 York AvenueAddressLine1Txt
CityNew YorkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10065ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$795,425,886GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresswww.rockefeller.eduWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1901FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionA world-renowned center for research and graduate education.ActivityOrMissionDesc
Voting Members Governing Body45VotingMembersGoverningBodyCnt
Voting Members Independent44VotingMembersIndependentCnt
Total Employee1678TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$11,377,586TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$265,706,105PYContributionsGrantsAmt
CY Contributions Grants$273,449,128CYContributionsGrantsAmt
PY Program Service Revenue$31,944,257PYProgramServiceRevenueAmt
CY Program Service Revenue$34,195,323CYProgramServiceRevenueAmt
PY Investment Income$185,645,184PYInvestmentIncomeAmt
CY Investment Income$155,101,220CYInvestmentIncomeAmt
PY Other Revenue$31,331,927PYOtherRevenueAmt
CY Other Revenue$38,285,094CYOtherRevenueAmt
PY Total Revenue$514,627,473PYTotalRevenueAmt
CY Total Revenue$501,030,765CYTotalRevenueAmt
PY Grants And Similar Paid$12,307,083PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$13,548,980CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$194,049,392PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$214,493,839CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$10,479,587CYTotalFundraisingExpenseAmt
PY Other Expenses$314,865,074PYOtherExpensesAmt
CY Other Expenses$343,287,665CYOtherExpensesAmt
PY Total Expenses$521,221,549PYTotalExpensesAmt
CY Total Expenses$571,330,484CYTotalExpensesAmt
PY Revenues Less Expenses-$6,594,076PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$70,299,719CYRevenuesLessExpensesAmt
Total Assets BOY$3,956,769,216TotalAssetsBOYAmt
Total Assets EOY$4,025,810,239TotalAssetsEOYAmt
Total Liabilities BOY$1,375,789,375TotalLiabilitiesBOYAmt
Total Liabilities EOY$1,484,586,983TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$2,580,979,841NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$2,541,223,256NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionThe Rockefeller University (the University) is a world renowned center for research and graduate education in the biomedical sciences, chemistry, bioinformatics, and physics. The University's 71 laboratories conduct both clinical and basic research and study a diverse range of biological and biomedical problems with the mission of improving the understanding of life for the benefit of humanity. Laboratories are loosely clustered in nine research areas covering a wide spectrum of disciplines in the life sciences, including neuroscience, immunology, genetics, structural biology and bioinformatics. The University does not charge tuition. Its revenues are derived primarily from investment income, government grants and contracts, and private gifts and grants.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$365,141,306ExpenseAmt
Grant$13,548,980GrantAmt
DescRESEARCH EDUCATION - 71 LABORATORIES (AND 15 EMERITUS LABORATORIES) INCLUDING 80 FACULTY MEMBERS, 212 POST-DOCTORAL SCHOLARS, 268 GRADUATE STUDENTS AND WEILL MEDICAL COLLEGE OF CORNELL UNIVERSITY MEDICAL STUDENTS.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$17,798,161ExpenseAmt
DescHOSPITAL - CONSISTS OF 40 BEDS AND SERVES AS A CLINICAL RESEARCH CENTER FOR OUTPATIENTS AND INPATIENTS. THE ROCKEFELLER UNIVERSITY HOSPITAL EXISTS SOLELY TO CONDUCT CLINICAL RESEARCH. THE SPECIALIZED PERSONNEL AND OTHER RESOURCES AVAILABLE AT THE HOSPITAL FACILITATE CLINICAL RESEARCH FOR BOTH THE INVESTIGATOR AND THE RESEARCH PARTICIPANT.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$2,550,136ExpenseAmt
DescLIBRARY CONTAINS 648,413 VOLUMES (OF WHICH 370,028 ARE ON-LINE) AND 8,383 ON-LINE SUBSCRIPTIONS AND IS MAINTAINED ON AN OPEN STOCK POLICY. THE LIBRARY STRIVES TO ADVANCE KNOWLEDGE BY SUPPORTING OUR UNIVERSITY'S WORLD CLASS RESEARCH COMMUNITY WITH TECHNOLOGY, INNOVATION, AND COLLABORATION IN THE FIELD OF SCIENCE INFORMATION AND COMMUNICATION.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$40,222,365ExpenseAmt
Revenue$34,195,323RevenueAmt
DescAuxiliary Enterprises - housing on campus for single and married students; off campus housing for faculty and other University personnel; food service consists of cafeteria dining facilities; press includes Journal and subscriptions.Desc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$40,222,365TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Revenue$34,195,323TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$425,711,968TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of ArtYes (1)CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate HospitalYes (1)OperateHospitalInd
Audited Financial Stmt AttYes (1)AuditedFinancialStmtAttInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt BondsYes (1)TaxExemptBondsInd
Invest Tax Exempt Bonds0InvestTaxExemptBondsInd
Escrow Account0EscrowAccountInd
On Behalf Of Issuer0OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan OutstandingYes (1)LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam MemYes (1)BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgYes (1)TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
IRP Document619IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee1678EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial AccountYes (1)ForeignFinancialAccountInd
Foreign CountryARForeignCountryCd
Foreign CountryUKForeignCountryCd
Foreign CountryMXForeignCountryCd
Foreign CountryBEForeignCountryCd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtYes (1)SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members45GoverningBodyVotingMembersCnt
Independent Voting Member44IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Michael P VitaleBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2123278704PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11230 York AvenueAddressLine1Txt
CityNew YorkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP100656307ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (68 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeIndFormer Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
Richard P Lifton MD PhD
President50.00Yes (X)Yes (X)$1,271,737$0$276,499
Karen Akinsanya PhD
Trustee2.00Yes (X)$0$0$0
Holly Andersen MD
Trustee2.00Yes (X)$0$0$0
Scott KH Bessent
Trustee3.00Yes (X)$0$0$0
Debra Black
Trustee2.00Yes (X)$0$0$0
Valentino Carlotti
Trustee2.00Yes (X)$0$0$0
Eli Casdin
Trustee2.00Yes (X)$0$0$0
Anna Chapman MD
Trustee2.00Yes (X)$0$0$0
Caroline Curry
Trustee2.00Yes (X)$0$0$0
James G Dinan
Trustee2.00Yes (X)$0$0$0
Andreas C Dracopoulos
Trustee, Vice Chair3.00Yes (X)Yes (X)$0$0$0
Cheryl Cohen Effron
Trustee2.00Yes (X)$0$0$0
Anne Chandler Bass Evans
Trustees2.00Yes (X)$0$0$0
Katherine G Farley
Trustee3.00Yes (X)$0$0$0
Michael D Fascitelli
Trustee, Vice Chair3.00Yes (X)Yes (X)$0$0$0
Lee Fixel
Trustee2.00Yes (X)$0$0$0
William E Ford
Trustee, Chair5.00Yes (X)Yes (X)$0$0$0
Diane Halvorsen
Trustee2.00Yes (X)$0$0$0
Marlene Hess
Trustee, Vice Chair (until 5/29/24)3.00Yes (X)Yes (X)$0$0$0
Michael B Hoffman
Trustee2.00Yes (X)$0$0$0
Jessica Hopfield PhD
Trustee2.00Yes (X)$0$0$0
Sandra J Horbach
Trustee2.00Yes (X)$0$0$0
William I Huyett
Trustee2.00Yes (X)$0$0$0
Weslie Janeway
Trustee (until 5/29/24)2.00Yes (X)$0$0$0
Rebecca A John
Trustee2.00Yes (X)$0$0$0
Paula Johnson MD
Trustee2.00Yes (X)$0$0$0
Joelle Kayden
Trustee2.00Yes (X)$0$0$0
Mary Klotman MD
Trustee3.00Yes (X)$0$0$0
Pablo G Legorreta
Trustee2.00Yes (X)$0$0$0
Gregg Lemkau
Trustee2.00Yes (X)$0$0$0
Karen M Levy
Trustee2.00Yes (X)$0$0$0
Ge Li PhD
Trustee2.00Yes (X)$0$0$0
Michael Lynton
Trustee (until 11/8/23)2.00Yes (X)$0$0$0
Scott Mackesy
Trustee2.00Yes (X)$0$0$0
Diane Mathis PhD
Trustee2.00Yes (X)$0$0$0
Surya N Mohapatra PhD
Trustee (until 5/29/24)2.00Yes (X)$0$0$0
John Monsky
Trustee2.00Yes (X)$0$0$0
Jeremy Nathans MD PhD
Trustee3.00Yes (X)$0$0$0
Jonathan M Nelson
Trustee2.00Yes (X)$0$0$0
Robin Chemers Neustein
Trustee, Vice Chair3.00Yes (X)Yes (X)$0$0$0
Daniel Pacthod
Trustee2.00Yes (X)$0$0$0
Michael Price
Trustee3.00Yes (X)$0$0$0
John M Shapiro
Trustee3.00Yes (X)$0$0$0
Barry R Sloane
Trustee2.00Yes (X)$0$0$0
Robert Steel
Trustee, Vice Chair3.00Yes (X)Yes (X)$0$0$0
David Sze
Trustee2.00Yes (X)$0$0$0
Sandra Tamer
Trustee2.00Yes (X)$0$0$0
Huda Zoghbi MD
Trustee2.00Yes (X)$0$0$0
Xiaowei Zhuang PhD
Trustee2.00Yes (X)$0$0$0
Paula Volent
Chief Investment Officer50.00Yes (X)$1,806,255$0$226,978
Anouk van der Boor
Managing Director, Private Partnerships50.00$799,113$0$58,373Yes (X)
Maren Imhoff
SVP, Development50.00Yes (X)$731,411$0$124,566
Michael Young
VP, Academic Affairs (thru 8/31/23)50.00Yes (X)$702,350$0$122,289
Barry Coller
VP & Physician-in-Chief50.00Yes (X)$700,493$0$121,428
Timothy O'Connor
Executive Vice President & Corp Sec (from 7/24)50.00Yes (X)$687,445$0$118,229
Robert G Roeder
Professor, Head of Laboratory50.00$597,463$0$138,917Yes (X)
Deborah Yeoh
VP & General Counsel50.00Yes (X)$636,563$0$85,109
Charles M Rice
Professor, Head of Laboratory50.00$604,049$0$88,494Yes (X)
Nathaniel Heintz
Professor, Head of Laboratory50.00$541,112$0$132,853Yes (X)
Timothy Stearns
VP, Education Affairs50.00Yes (X)$545,677$0$115,978
Romayne L Botti
VP, Finance & Treasurer50.00Yes (X)$545,841$0$114,730
Virginia Huffman
VP, Human Resources50.00Yes (X)$499,734$0$122,567
Titia de Lange
Professor, Head of Laboratory50.00$525,172$0$91,518Yes (X)
Cornelia Bargmann
VP, Academic Affairs (from 9/1/23)50.00Yes (X)$512,392$0$88,575
Sidney Strickland
VP, Education Affairs (thru 8/31/22)50.00$480,561$0$118,197Yes (X)
Kretina Cook
Asst. VP, Finance50.00Yes (X)$352,329$0$112,221
Ashton Murray
Chief Diversity Officer & VP for DEI50.00Yes (X)$356,711$0$61,865
Theresa Desmond
Spec. Asst/Corp Sec. (thru 7/2024)50.00Yes (X)$211,937$0$64,952
FieldValueIRS element (for citing)
Total Reportable Comp From Org$13,108,345TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$2,384,338TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K355IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedYes (1)FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
ROPES & GRAY LLP
800 BOYLSTON STREETBOSTONMA02199LEGAL SERVICES$11,129,367
CALDWELL & WALSH
17 BERKSHIRE ROADSANDY HOOKCT06482CONSTRUCTION SERVICES$10,756,516
BLANK ROME LLP
1271 AVENUE OF THE AMERICASNEW YORKNY10020LEGAL SERVICES$7,560,444
GREAT PERFORMANCES
2417 THIRD AVENUE SUITE 300BRONXNY10451FOOD SERVICES$3,135,765
SUNSHINE BUILDING SERVICES
64-36 84TH STREETMIDDLE VILLAGENY11379CLEANING SERVICES$1,727,351
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K49CntrctRcvdGreaterThan100KCnt
Fundraising$3,087,452FundraisingAmt
Government Grants$110,367,775GovernmentGrantsAmt
All Other Contributions$159,993,901AllOtherContributionsAmt
Noncash Contributions$58,864,199NoncashContributionsAmt
Total Contributions$273,449,128TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
Housing532000$21,719,154$21,719,154
Press Operations513120$8,197,382$8,197,382
Food Service722210$4,278,787$4,278,787
FieldValueIRS element (for citing)
Total Program Service Revenue$34,195,323TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$4,402,135TotalRevenueColumnAmt
Exclusion$4,402,135ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$27,239,176TotalRevenueColumnAmt
Exclusion$27,239,176ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$9,210,120RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$0RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$9,210,120RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$9,210,120TotalRevenueColumnAmt
Exclusion$9,210,120ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$444,685,889SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$293,986,804SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$150,699,085SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$150,699,085TotalRevenueColumnAmt
Unrelated Business Revenue$11,377,586UnrelatedBusinessRevenueAmt
Exclusion$139,321,499ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$56,475FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$3,087,452ContriRptFundraisingEventAmt
Fundraising Direct Expenses$408,317FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$351,842TotalRevenueColumnAmt
Exclusion-$351,842ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtExclusionExclusionAmt
Other900099$1,004,161$1,004,161
Reimbursement of Costs900099$688,790$688,790
Mortgage Interest900099$289,183$289,183

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$205,506TotalRevenueColumnAmt
Exclusion$205,506ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$2,187,640OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$501,030,765TotalRevenueColumnAmt
Related Or Exempt Func Income$34,195,323RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$11,377,586UnrelatedBusinessRevenueAmt
Exclusion$182,008,728ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$13,548,980TotalAmt
Program Services$13,548,980ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$8,284,291TotalAmt
Program Services$2,859,541ProgramServicesAmt
Management And General$4,745,550ManagementAndGeneralAmt
Fundraising$679,200FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$138,569,512TotalAmt
Program Services$120,898,285ProgramServicesAmt
Management And General$12,952,135ManagementAndGeneralAmt
Fundraising$4,719,092FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$12,824,109TotalAmt
Program Services$10,534,295ProgramServicesAmt
Management And General$1,677,955ManagementAndGeneralAmt
Fundraising$611,859FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$45,426,914TotalAmt
Program Services$36,521,541ProgramServicesAmt
Management And General$7,320,535ManagementAndGeneralAmt
Fundraising$1,584,838FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$9,389,013TotalAmt
Program Services$7,758,371ProgramServicesAmt
Management And General$1,297,226ManagementAndGeneralAmt
Fundraising$333,416FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$1,924,826TotalAmt
Management And General$1,924,826ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$464,673TotalAmt
Program Services$80,808ProgramServicesAmt
Management And General$383,865ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$1,130,831TotalAmt
Management And General$1,130,831ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$39,144,260TotalAmt
Program Services$37,847,117ProgramServicesAmt
Management And General$1,147,409ManagementAndGeneralAmt
Fundraising$149,734FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$655,364TotalAmt
Program Services$346,733ProgramServicesAmt
Management And General$235,312ManagementAndGeneralAmt
Fundraising$73,319FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$65,835,838TotalAmt
Program Services$64,039,471ProgramServicesAmt
Management And General$1,472,057ManagementAndGeneralAmt
Fundraising$324,310FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$2,841,047TotalAmt
Program Services$2,315,834ProgramServicesAmt
Management And General$1,325ManagementAndGeneralAmt
Fundraising$523,888FundraisingAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$12,466,712TotalAmt
Program Services$12,466,712ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$14,147,745TotalAmt
Program Services$13,464,672ProgramServicesAmt
Management And General$366,924ManagementAndGeneralAmt
Fundraising$316,149FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$943,162TotalAmt
Program Services$879,767ProgramServicesAmt
Management And General$54,570ManagementAndGeneralAmt
Fundraising$8,825FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$1,414,744TotalAmt
Program Services$1,319,651ProgramServicesAmt
Management And General$81,856ManagementAndGeneralAmt
Fundraising$13,237FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$42,116,365TotalAmt
Program Services$33,380,063ProgramServicesAmt
Management And General$8,736,302ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$54,509,201TotalAmt
Program Services$49,368,085ProgramServicesAmt
Management And General$3,999,396ManagementAndGeneralAmt
Fundraising$1,141,720FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$5,129,947TotalAmt
Program Services$1,153,582ProgramServicesAmt
Management And General$3,976,365ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmtManagement And GeneralManagementAndGeneralAmtProgram ServicesProgramServicesAmt
Litigation payments$83,634,490$83,634,490
Subcontracts$16,928,460$16,928,460

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$571,330,484TotalAmt
Program Services$425,711,968ProgramServicesAmt
Management And General$135,138,929ManagementAndGeneralAmt
Fundraising$10,479,587FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$38,355BOYAmt
EOY$49,893EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$31,104,087BOYAmt
EOY$66,907,034EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$216,241,037BOYAmt
EOY$218,373,980EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$7,796,738BOYAmt
EOY$8,974,436EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
BOY$4,809,737BOYAmt
EOY$5,321,905EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$35,605,010BOYAmt
EOY$35,367,215EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$1,129,925BOYAmt
EOY$1,314,349EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$4,686,693BOYAmt
EOY$5,461,337EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$1,960,621,734LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$884,300,012LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$1,104,253,063BOYAmt
EOY$1,076,321,722EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$1,226,214,646BOYAmt
EOY$1,250,540,485EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$1,299,727,931BOYAmt
EOY$1,331,289,692EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$3,107,484BOYAmt
EOY$2,781,814EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$22,054,510BOYAmt
EOY$23,106,377EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$3,956,769,216BOYAmt
EOY$4,025,810,239EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$48,144,977BOYAmt
EOY$55,632,564EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$29,188,570BOYAmt
EOY$23,552,159EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$785,669,815BOYAmt
EOY$783,331,335EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$200,345,000BOYAmt
EOY$200,345,000EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
EOY$100,000,000EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$312,441,013BOYAmt
EOY$321,725,925EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,375,789,375BOYAmt
EOY$1,484,586,983EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$172,457,232BOYAmt
EOY$67,826,252EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,408,522,609BOYAmt
EOY$2,473,397,004EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,580,979,841BOYAmt
EOY$2,541,223,256EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,956,769,216BOYAmt
EOY$4,025,810,239EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss-$70,299,719ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$19,931,284NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$10,611,850OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$176,863,709CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$239,404,552CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$230,283,347CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$265,706,105CurrentTaxYearMinus1YearAmt
Current Tax Year$273,449,128CurrentTaxYearAmt
Total$1,185,706,841TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$176,863,709CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$239,404,552CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$230,283,347CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$265,706,105CurrentTaxYearMinus1YearAmt
Current Tax Year$273,449,128CurrentTaxYearAmt
Total$1,185,706,841TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$2,101,774SubstantialContributorsTotAmt
Public Support Total170$1,183,605,067PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$64,654,661CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$30,975,147CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$36,679,383CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$35,674,131CurrentTaxYearMinus1YearAmt
Current Tax Year$40,851,431CurrentTaxYearAmt
Total$208,834,753TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$3,146,230CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,705,330CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$4,573,493CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,200,548CurrentTaxYearMinus1YearAmt
Current Tax Year$2,244,115CurrentTaxYearAmt
Total$12,869,716TotalAmt
FieldValueIRS element (for citing)
Total Support$1,407,411,310TotalSupportAmt
Gross Receipts Rltd Activities$157,870,913GrossReceiptsRltdActivitiesAmt
Public Support CY1700.84100PublicSupportCY170Pct
Public Support PY1700.81080PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule A, Part II, Line 10, Explanation of Other Income:FormAndLineReferenceDesc
ExplanationTax Exempt Bond income / loss - Fundraising events income - line 8a - 2019 Amount: $ 118,800. 2021 Amount: $ 14,109. 2022 Amount: $ 72,675. 2023 Amount: $ 56,475. Other income - line 11e - 2019 Amount: $ 3,027,430. 2020 Amount: $ 1,705,330. 2021 Amount: $ 4,559,384. 2022 Amount: $ 1,127,873. 2023 Amount: $ 2,187,640.ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp

FieldValueIRS element (for citing)
Assets Included$890,664AssetsIncludedAmt
FieldValueIRS element (for citing)
Collection Used Pub ExhibitionYes (X)CollectionUsedPubExhibitionInd
Solicited Assets Sale0SolicitedAssetsSaleInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$2,365,419,481BeginningYearBalanceAmt
Contributions$14,273,279ContributionsAmt
Investment Earnings Or Losses$179,167,951InvestmentEarningsOrLossesAmt
Other Expenditures$138,759,765OtherExpendituresAmt
End Year Balance$2,420,100,946EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$2,608,216,257BeginningYearBalanceAmt
Contributions$28,194,902ContributionsAmt
Investment Earnings Or Losses-$9,815,274InvestmentEarningsOrLossesAmt
Other Expenditures$261,176,404OtherExpendituresAmt
End Year Balance$2,365,419,481EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$2,816,696,877BeginningYearBalanceAmt
Contributions$26,536,326ContributionsAmt
Investment Earnings Or Losses-$72,618,237InvestmentEarningsOrLossesAmt
Other Expenditures$162,398,709OtherExpendituresAmt
End Year Balance$2,608,216,257EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$2,184,690,526BeginningYearBalanceAmt
Contributions$16,318,325ContributionsAmt
Investment Earnings Or Losses$767,476,546InvestmentEarningsOrLossesAmt
Other Expenditures$151,788,520OtherExpendituresAmt
End Year Balance$2,816,696,877EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$2,112,311,806BeginningYearBalanceAmt
Contributions$9,513,481ContributionsAmt
Investment Earnings Or Losses$207,297,121InvestmentEarningsOrLossesAmt
Other Expenditures$144,431,882OtherExpendituresAmt
End Year Balance$2,184,690,526EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.11000BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.19800PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.69200TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$33,091,524OtherCostOrOtherBasisAmt
Book Value$33,091,524BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,796,108,936OtherCostOrOtherBasisAmt
Depreciation$793,584,021DepreciationAmt
Book Value$1,002,524,915BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$460,112OtherCostOrOtherBasisAmt
Depreciation$438,297DepreciationAmt
Book Value$21,815BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$129,315,261OtherCostOrOtherBasisAmt
Depreciation$89,522,457DepreciationAmt
Book Value$39,792,804BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,645,901OtherCostOrOtherBasisAmt
Depreciation$755,237DepreciationAmt
Book Value$890,664BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$1,076,321,722TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (6 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
Alt Inv-Private-Buyout funds$413,332,854F
Alt Inv-Private-Natural res/other$230,597,055F
Alt Inv-Private-Real estate funds$76,468,186F
Alt Inv-Private-Venture capital funds$518,962,804F
Cash Equivalents$88,741,293F
Natural resources and other$3,187,500C
FieldValueIRS element (for citing)
Total Book Value Securities$1,331,289,692TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)

DescDescAmtAmt
Amounts held for others$151,594,988
Conditional asset retirement obligation$9,731,616
Contingent liabilities$48,207,934
Obligation under derivative instruments$51,397,387
Postretirement benefit obligation$60,794,000
FieldValueIRS element (for citing)
Total Liability$321,725,925TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$523,849,352TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$19,931,284NetUnrealizedGainsInvstAmt
Other Revenue$16,076,529OtherRevenueAmt
Revenue Not Reported$36,007,813RevenueNotReportedAmt
Revenue Subtotal$487,841,539RevenueSubtotalAmt
Investment Expenses Not Incld$1,130,831InvestmentExpensesNotIncldAmt
Other Revenues Not Included$12,058,395OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$13,189,226RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$501,030,765TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$563,760,844TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$6,027,903OtherExpensesIncludedAmt
Expenses Not Reported$6,027,903ExpensesNotReportedAmt
Expenses Subtotal$557,732,941ExpensesSubtotalAmt
Investment Expenses Not Incld2$1,130,831InvestmentExpensesNotIncld2Amt
Other Expenses Not Included$12,466,712OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$13,597,543ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$571,330,484TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Part III, Line 4:Works of art are displayed in various locations throughout the campus.
Part V, Line 4:The primary role of the endowment is to advance the research mission of the University through support of the annual operating budget and future budgets. The Investment Committee of the Board of Trustees is responsible for overseeing the endowment. With the support of the Office of Investments, the Committee is responsible for establishing the endowments investment policy and asset allocation; retaining and overseeing external investment managers; and monitoring the implementation and performance of the investment program. The endowments assets are invested in marketable securities, including U.S. and non-U.S. equity and fixed income securities, and private investments, including venture capital, private equity and real assets. The assets are invested by external investment managers through separate accounts or through commingled vehicles, including funds, trusts, and limited partnerships.
Part X, Line 2:The University is exempt from federal income taxes under the provisions of Section 501(c)(3) of the Internal Revenue Code. The University follows the guidance of ASC Subtopic 740 10, Income Taxes - Overall, which addresses accounting for uncertainties in income taxes recognized in an enterprise's financial statements. The University utilizes a threshold of more likely than not for recognition and derecognition of tax positions taken or expected to be taken in a tax return. The University evaluates on an annual basis, the effect of any uncertain tax position on its financial statements. As of June 30, 2024, the University has not identified or provided for any such positions.
Part XI, Line 2d - Other Adjustments:Unrealized Net Gain on Derivative Instruments - $16,076,529
Part XI, Line 4b - Other Adjustments:Royalty payments (netted in Financials) - $12,466,712 Fundraising expenses - $(408,317)
Part XII, Line 2d - Other Adjustments:RU Faculty & Students Club, Inc. - NET LOSS - $154,907 Postretirement related changes - $(64,000) Fundraising expenses - $408,317 Provision for uncollectible contributions receivable - $5,528,679
Part XII, Line 4b - Other Adjustments:Royalty payments (netted in Financials) - $12,466,712

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (1)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (1)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (1)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (1)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (1)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (1)MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts0DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy0DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty0DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs0DiscriminateRaceSchsInd
Discriminate Race Educ Plcy0DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog0DiscriminateRaceAthltProgInd
Discriminate Race Other Acty0DiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (1)GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule E, Part I, Line 3It is the policy of The Rockefeller University to support equality of educational and employment opportunity. No individual shall be discriminated against with respect to admission, access, or employment in or to any University program or activity on the basis of race, color, national origin, religion, sex (including gender, gender identity, gender expression, pregnancy, and sexual harassment), disability, age, citizenship status, military status, marital or partnership status, sexual orientation, genetic information, or any other characteristic protected by law. The Rockefeller University is committed to the maintenance of affirmative action programs that will assure the continuation of such equality of opportunity.
Schedule E, Part I, Line 6The University receives financial assistance from the State of New York under the Bundy Aid Program.

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp (11 entries)

RegionRegionTxtType Of Activities ConductedTypeOfActivitiesConductedTxtRegion Total ExpendituresRegionTotalExpendituresAmtSpecific Services ProvidedSpecificServicesProvidedTxt
Europe (Including Iceland & Greenland) -Investments$88,179,713
Central America & CaribbeanInvestments$1,246,878,829
North AmericaInvestments$8,833,615
Central America & CaribbeanProgram$995Research related travel
East Asia and the Pacific - Australia, Brunei, Burma, Cambodia,Investments$10,328,118
East Asia and the Pacific - Australia, Brunei, Burma, Cambodia,Program$119,713Research related travel
Europe (Including Iceland & Greenland) - Albania, Andorra, Austria, BelgiumProgram$705,746Research related travel
Middle East and North Africa - Algeria, Bahrain, Djibouti, Egypt,Program$95,798Research related travel
North America - Canada and Mexico, but not the United StatesProgram$87,361Research related travel
South America - Argentina, Bolivia, Brazil, Chile, Columbia, Ecuador,Program$27,058Research related travel
South Asia - Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal,Program$6,354Research related travel
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$1,355,142,527SubtotalSpentAmt
Continuation Spent$120,773ContinuationSpentAmt
Total Spent$1,355,263,300TotalSpentAmt
Transfer To Foreign CorpYes (1)TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp OwnershipYes (1)ForeignCorpOwnershipInd
Passive Foreign Investmest CoYes (1)PassiveForeignInvestmestCoInd
Foreign PartnershipYes (1)ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1Women & Science LuncheonEvent1Nm
Gross Receipts Event1$859,727GrossReceiptsEvent1Amt
Charitable Contri Event1$826,427CharitableContriEvent1Amt
Gross Revenue Event1$33,300GrossRevenueEvent1Amt
Rent Facility Costs Event1$151,829RentFacilityCostsEvent1Amt
Food And Beverage Event1$41,470FoodAndBeverageEvent1Amt
Other Direct Expenses Event1$16,220OtherDirectExpensesEvent1Amt
Event2Celebrating ScienceEvent2Nm
Gross Receipts Event2$2,284,200GrossReceiptsEvent2Amt
Charitable Contri Event2$2,261,025CharitableContriEvent2Amt
Gross Revenue Event2$23,175GrossRevenueEvent2Amt
Rent Facility Costs Event2$122,860RentFacilityCostsEvent2Amt
Food And Beverage Event2$64,641FoodAndBeverageEvent2Amt
Other Direct Expenses Event2$11,297OtherDirectExpensesEvent2Amt
Gross Receipts Total$3,143,927GrossReceiptsTotalAmt
Charitable Contributions Tot$3,087,452CharitableContributionsTotAmt
Gross Revenue Total Events$56,475GrossRevenueTotalEventsAmt
Rent Fclty Costs Total Events$274,689RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$106,111FoodAndBeverageTotalEventsAmt
Oth Direct Expnss Total Events$27,517OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$408,317DirectExpenseSummaryEventsAmt
Net Income Summary-$351,842NetIncomeSummaryAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceForm 990, Schedule G, Part II, Fundraising EventsFormAndLineReferenceDesc
ExplanationThe Women & Science program is an important outreach and fundraising initiative of The Rockefeller University. Comprised of a wide circle of friends and benefactors, Women & Science provides support for education and career advancement of scientists in biomedical research and related fields. One component of this initiative is the annual Women & Science Lecture and Luncheon.ExplanationTxt

Schedule H IRS990ScheduleH

FieldValueIRS element (for citing)
Financial Assistance Policy0FinancialAssistancePolicyInd
Annual Community Bnft ReportYes (1)AnnualCommunityBnftReportInd
Report Publically AvailableYes (1)ReportPublicallyAvailableInd

Research ResearchGrp

FieldValueIRS element (for citing)
Total Community Benefit Expns$17,798,161TotalCommunityBenefitExpnsAmt
Direct Offsetting Revenue$2,979,420DirectOffsettingRevenueAmt
Net Community Benefit Expns$14,818,741NetCommunityBenefitExpnsAmt
Total Expense0.02590TotalExpensePct

Total Other Benefits TotalOtherBenefitsGrp

FieldValueIRS element (for citing)
Total Community Benefit Expns$17,798,161TotalCommunityBenefitExpnsAmt
Direct Offsetting Revenue$2,979,420DirectOffsettingRevenueAmt
Net Community Benefit Expns$14,818,741NetCommunityBenefitExpnsAmt
Total Expense0.02590TotalExpensePct

Total Community Benefits TotalCommunityBenefitsGrp

FieldValueIRS element (for citing)
Total Community Benefit Expns$17,798,161TotalCommunityBenefitExpnsAmt
Direct Offsetting Revenue$2,979,420DirectOffsettingRevenueAmt
Net Community Benefit Expns$14,818,741NetCommunityBenefitExpnsAmt
Total Expense0.02590TotalExpensePct
FieldValueIRS element (for citing)
Bad Debt Expense Reported0BadDebtExpenseReportedInd
Written Debt Collection Policy0WrittenDebtCollectionPolicyInd
Hospital Facilities1HospitalFacilitiesCnt

Hospital Facilities HospitalFacilitiesGrp

FieldValueIRS element (for citing)
Facility1FacilityNum

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1The Rockefeller University HospitalBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line11230 York AvenueAddressLine1Txt
CityNew YorkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10065ZIPCd
FieldValueIRS element (for citing)
Website Addresswww.rucares.orgWebsiteAddressTxt
State License7002031HStateLicenseNum
Licensed HospitalYes (X)LicensedHospitalInd
Research FacilityYes (X)ResearchFacilityInd
OtherNew York State License # - 7002031HOtherDesc

Hospital Fclty Policies Prctc HospitalFcltyPoliciesPrctcGrp

Hospital Facility Name HospitalFacilityName

FieldValueIRS element (for citing)
Business Name Line1The Rockefeller University HospitalBusinessNameLine1Txt
FieldValueIRS element (for citing)
Facility1FacilityNum
First Licensed CY Or PY0FirstLicensedCYOrPYInd
Tax Exempt Hospital CY Or PY0TaxExemptHospitalCYOrPYInd
CHNA ConductedYes (1)CHNAConductedInd
Community DefinitionYes (X)CommunityDefinitionInd
Community DemographicsYes (X)CommunityDemographicsInd
Existing ResourcesYes (X)ExistingResourcesInd
How Data ObtainedYes (X)HowDataObtainedInd
Community Health NeedsYes (X)CommunityHealthNeedsInd
Other Health IssuesYes (X)OtherHealthIssuesInd
Community Hlth Needs Id ProcessYes (X)CommunityHlthNeedsIdProcessInd
Consulting ProcessYes (X)ConsultingProcessInd
Prior CHNA ImpactYes (X)PriorCHNAImpactInd
CHNA Conducted22CHNAConductedYr
Take Into Account Others InputYes (1)TakeIntoAccountOthersInputInd
CHNA Conducted With Other FcltsYes (1)CHNAConductedWithOtherFcltsInd
CHNA Conducted With Non FcltsYes (1)CHNAConductedWithNonFcltsInd
CHNA Report Widely AvailableYes (1)CHNAReportWidelyAvailableInd
Rpt Available On Own WebsiteYes (X)RptAvailableOnOwnWebsiteInd
Own Website URLwww.rucares.orgOwnWebsiteURLTxt
Paper Copy Public InspectionYes (X)PaperCopyPublicInspectionInd
Rpt Available Thru Other MethodYes (X)RptAvailableThruOtherMethodInd
Implementation Strategy AdoptYes (1)ImplementationStrategyAdoptInd
Implementation Strategy Adpt22ImplementationStrategyAdptYr
Strategy Posted WebsiteYes (1)StrategyPostedWebsiteInd
Strategy Website URLwww.rucares.orgStrategyWebsiteURLTxt
Organization Incur Excise Tax0OrganizationIncurExciseTaxInd
Elig Criteria Explained0EligCriteriaExplainedInd
Explained Basis0ExplainedBasisInd
App Financial Asst Expln0AppFinancialAsstExplnInd
Includes Publicity Measures0IncludesPublicityMeasuresInd
FAP Actions On Nonpayment0FAPActionsOnNonpaymentInd
Collection Activities0CollectionActivitiesInd
Nondis Emergency Care PolicyYes (1)NondisEmergencyCarePolicyInd
Amounts Generally Billed0AmountsGenerallyBilledInd
Gross Charges0GrossChargesInd

Supplemental Information SupplementalInformationGrp (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Part V, Section A:The Rockefeller University Hospital exists solely to conduct clinical research. The specialized personnel and other resources available at the Hospital facilitate clinical research for both the investigator and the research participant. The Hospital's facilities include a licensed 40 bed inpatient unit (14 beds are active) which is staffed 5 days per week 24 hours a day. All patient rooms are single occupancy, private accommodations. Specialized facilities include a four-room procedure suite, suitable for endoscopy and biopsy procedures; and an inpatient wireless telemetry system that can remotely monitor any 4 beds at a time. The Robert & Harriet Heilbrunn Outpatient Research Center opened in January 2003 and includes 9 exam rooms, 2 consultation rooms, and 2 phlebotomy rooms, as well as other patient and staff facilities. The Outpatient Research Center is open weekdays from 7AM to 5PM. The Rockefeller University Hospital and Center for Clinical and Translational Science is particularly suitable to conducting studies involving moderate and low acuity patients, as well as high intensity, high-complexity protocols such as pharmacokinetics and metabolic studies. The Hospital's strengths include a specialized Research Bionutrition Department, an on-site Research Pharmacy, and facilities to support long-stay inpatient studies, including a recreation area which offers participants video and computer activities. Full clinical laboratory services are provided via contract with Memorial-Sloan Kettering Cancer Center; Radiology and EKG interpretations are provided by arrangement with New York-Presbyterian Hospital; on-site apheresis services are provided by contract with New York Blood Center. The Hospital is licensed by the State of New York.
The Rockefeller University HospitalPart V, Section B, Line 6a: Maimonides Medical Center and New York Community HospitalMemorial Sloan Kettering Cancer CenterNew York-Presbyterian HospitalNiagara Falls Memorial Medical CenterSt. John's Riverside Hospital
The Rockefeller University HospitalPart V, Section B, Line 6b: MediSysHealth NetworkMontefiore Health SystemNorthwell HealthNuvanceOne Brooklyn Health SystemSBH Health SystemWMC HealthNetwork
The Rockefeller University HospitalPart V, Section B, Line 7d: Publicized annually in The Rockefeller University's eNewsletter.
The Rockefeller University HospitalPart V, Section B, Line 11: Part V, Section B, lines 5 and 11See Part VI for Community Building Activities
Schedule H Part V, Line 22 - 24The section "charges to individuals eligible for assistance under the financial assistance policy" is not applicable since the Hospital neither collects insurance information from its research participants (patients), nor bills for services, neither a collection policy nor an amounts generally billed calculation are necessary.

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule H Part VI, NarrativesPart I, Lines 3c, 6a and 7 - Not applicable.Part III, Lines 2,3,4 and 8 - Not applicable.Part VI, Line 7 - The Rockefeller University Hospital is not required to file a community benefit report with the State of New York.
Part II, Community Building Activities:The Rockefeller University Hospital is located on the Upper East Side of Manhattan in Community District 8. The Rockefeller University Hospital is a unique institution. As an institution solely committed to conducting clinical research our community/service area is defined as the New York Metropolitan Area. The Rockefeller University Hospital has provided an array of clinical research and patient care services since its founding in 1910. The Rockefeller University Hospital community served/service area is determined based on research being conducted. Principal Investigators identify an area of interest and submit a protocol for review and approval by our institutional review board. When the protocol is approved, our recruitment office works with the investigator to develop and submit advertisements in local newspapers, magazines and online. Identification of effective places to advertise is determined by current trends in readership among local newspapers, magazines and visits to particular websites such as Craigslist and Facebook. Research participants are culled from all over New York City as well as through collaborations with neighboring hospitals, Universities, and clinics. As a result, our enrolled research participant demographics are similar to those of New York City overall. In calendar year 2023 18% of research participants identified as Hispanic, 25% identified as Black or African-American and 48% identified as white (RUH subject race and ethnicity report 2023), which is similar to the geographic makeup of New York City (35.99% white, 22.74% Black or African-American, and 28.49% Hispanic). Source:https://www.census.gov/quickfacts/fact/table/newyorkcountynewyork,newyorkcitynewyork/PST045224
Part III, Line 9b:The Rockefeller University Hospital does not have any net patient service revenue as it does not charge its patients. The patients, referred to as participants, are volunteers who receive participant compensation for certain clinical trials and research studies (protocols) that are performed on a routine basis.
Part VI, Line 2:Volunteers/participants (patients) who consent to participate in research studies (protocols) participate (treated) without charge. Unlike most hospitals, the Rockefeller University Hospital does not routinely provide standard diagnostic and treatment services. Admission is selective; research participants (patients) are enrolled in studies by trained staff solely because they meet the inclusion criteria of the IRB approved research protocol. Thus, all research participants are volunteers, and as such are important partners in the research process. Without volunteers, significant advances in biomedical knowledge could not otherwise be achieved.
Part VI, Line 3:The Rockefeller University Hospital conducts research funded primarily by a subsidy from The Rockefeller University. All research participants (patients) are voluntary research subjects who are not charged for participation in clinical research studies at the Rockefeller University Hospital. In the process of performing patient-oriented research, the need for medically indicated and thus potentially reimbursable care could arise; however, the hospital does not bill patients or their insurance companies for such service. The Rockefeller University Hospital does not collect insurance information from research participants outside of the requesting the type of insurance they have. We only ask that they self-report if they are insured or uninsured. If a research participant (patient) needs access to social services, and any additional ancillary services not part of the research protocol, the Rockefeller University Hospital provides access to social services to help research participants access care externally should the need arise. All research participants (patients) are aware and are told during the consent process when they agree to participate in a research protocol that there are no fees for services rendered.
Part VI, Line 4:The Rockefeller University Hospital is located on the Upper East Side of Manhattan in Community District 8. The Rockefeller University Hospital is a unique institution. As an institution committed to conducting clinical research, our community/service area is defined as the New York Metropolitan Area. The Rockefeller University Hospital has provided an array of clinical research and patient care services since its founding in 1910. Research participants are culled from all over New York City through collaborations with neighboring hospitals, Universities, and clinics. Patients with rare disease that are being studied at Rockefeller come from all over the world. As an institution that provides services to volunteers who have agreed to participate in a research study our participant demographics generally follow those of New York City, which is 35.9% white, 22.7% Black or African American, and 28.49% Hispanic (https://www.census.gov/). In calendar year 2023 18% of research participants identified as Hispanic, 25% identified as Black or African American and 48% identified as white (RUH subject race and ethnicity report 2023). The Rockefeller University Hospital is owned by the University and is licensed for 40 inpatient beds for clinical research. The Hospital provides researchers with an opportunity to conduct clinical studies and offers both normal volunteers and people with diseases under study the opportunity to stay in the hospital and help to contribute to important advances in science. The Hospital has an inpatient unit as well as an outpatient center where prospective patients are screened, and many outpatient studies are conducted. Medical services, surgical services, emergency care, specialized care, radiology and ambulatory care is provided by New York Presbyterian Hospital. In addition, cancer care, education and research are provided by Memorial Sloan-Kettering Cancer Center. Both institutions are located adjacent to Rockefeller University Hospital. The Rockefeller University Hospital does not generally provide medical care for research participants beyond that needed for participation in the research study. Should a research participant become acutely and severely ill, they are immediately transferred to New York Presbyterian Hospital since they are equipped to respond to the health needs of the community. The hospital inpatient unit is staffed 5 days a week, 24 hours a day with professional nurses and has nutritional research services, social work, as well as its own research pharmacy. Our staff Hospitalist and on-call physicians provide additional medical support to the clinical research teams. Social service needs, primary and chronic disease needs, health issues of uninsured persons, low-income persons, and minority groups are assessed by our on-site social worker. The social worker then refers research participants based on needs to local institutions that can provide resources. In 2020 the coronavirus pandemic had a significant impact on how health care is accessed and provided in New York City. The pandemic shed additional light on the many inequities in health care including access to care and the many racial disparities that exist based on socioeconomic status and race. The global pandemic made clear that everyone can be affected and that isolation, mental and emotional health as well as the economic impact will continue to shape how health care is provided in this country and will be analyzed and assessed for years to come. The impact on our research during the global pandemic immediately affected participation in research and continues to have an impact. In 2023 The Rockefeller University Hospital had 0 inpatient days(0 admissions) and over 1,266 outpatient visits, approximately a 100 percent decrease from last year's inpatient census statistics. Outpatient research center visits increased by 35.4% from 2022 to 2023.
Part VI, Line 5:The Rockefeller University Hospital conducted its community health needs assessment in the summer of 2022 in collaboration with The Greater New York Hospital Association Community Health Needs Assessment (CHNA) survey collaborative to determine health concerns of New York City residents. A diverse group of GNYHA hospitals participated in the 2022 collaborative including community and safety net hospitals, small health systems, and large academic medical centers. The survey was developed by GNHYA with member input and was made available across NYC in 11 languages online and in paper form. GNHYA collected the data, analyzed the results, and created custom reports for each participating institution. More than 17,000 community members submitted the survey with approximately 70 percent of respondents completing the entire survey (CHNASurveyCollab-ES). We reviewed and analyzed data provided by CHNA survey collaborative results, DOH 2021 Health Equity Reports, the New York State Department of Health and The New York City Department of Health and Mental Hygiene neighborhood health atlas, and snapshots with an in-depth look at health needs of the community in District 8 where Rockefeller University Hospital is located as well as New York City as a whole. This allowed us to review key health trends among New York City residents, as well as residents located near our research hospital. New York City residents identified the following health concerns: - Violence (including gun violence)- Mental health/depression- Falls among the elderly- Dental Care- COVID-19- Cancer - Heart Disease- Access to healthy/nutritious food- Cardiovascular disease- Chronic Disease Care - Clinic/hospital access programs- Support services The New York Metropolitan area has an array of health needs based on geographic location and socioeconomic status. According to the New York City Department of Health and Mental Hygiene 78% of New York City adults considered themselves to be in very good or good health (Community Health Profiles 2018). Chronic diseases such as diabetes, hypertension and obesity continue to severely affect the communities we serve. Nearly 2.4 million adult New Yorkers reported having hypertension, an increase of approximately 33% of the total population since 2016, and more than 24 percent of New York City residents are identified as overweight or obese (New York City Department of Health and Mental Hygiene. Community Health Profiles-[Upper West Side 108] https://nyc.gov/health/profiles). The number of New Yorkers who are uninsured has decreased since the initiation of the Affordable Care Act (ACA) from 20 precent to 12 however access and health equity in health care continue to be concern for many residents and research participants. While many research participants tend to seek care with a primary care physician in lieu of high utilization of the emergency room where there was no follow-up care to track disease progression, we know that environment, including housing, safety, and access to care continue to plague communities in New York City. Although The Rockefeller University Hospital does not provide direct care to research participants outside of the research protocol, the health of our participants is our highest priority and so, in addition to providing care as per the protocols free of charge, we identify resources and services to ensure access to support services and medical facilities outside of our hospital to meet the health needs of our participant community. To that end, The Rockefeller University Hospital has a social worker on staff to conduct one-on-one consultations with, and assessments of, research participants to determine their needs and identify outside resources that can further assist them in receiving the care they require. As part of this service, The Rockefeller University Hospital maintains strong relationship with organizations in the New York Metropolitan area that can provide these services to expedite referrals. The Rockefeller University Hospital community served/service area is determined based on research being conducted. Principal Investigators identify an area of interest and submit a protocol for review and approval by our institutional review board. When the protocol is approved, our recruitment office works with the investigator to develop and submit advertisements in local newspapers, magazines and online. Identification of effective places to advertise is determined by current trends in readership among local newspapers, magazines, and visits to websites such as Craigslist's and Facebook. Demographics of research participants recruited is similar to that of the demographic of New York City, 18% identified as Hispanic, 47% Black/African American and 35% identified as White (RUH recruitment repository data 2023). To assist the hospital in identifying health concerns to address as part of our community service plan, The Rockefeller University Hospital reviewed statistics from the New York State Department of Health Prevention Agenda towards a health state Prevention Agenda 2019-2024), and New York State Health Assessment 2018.
Part VI, Line 6:The Rockefeller University Hospital is not part of an affiliated health care system.

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntNon Cash AssistanceNonCashAssistanceAmt
RESEARCH FELLOWSHIPS84$3,631,631
RESEARCH STIPENDS240$9,917,349

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart I, Line 2:FormAndLineReferenceDesc
ExplanationStipends and research fellowships are funds paid to offset living expenses for trainees while they further their education at Rockefeller. These amounts are not considered salary or wages given in consideration for specific job duties nor are they grants given in anticipation of specific scientific achievements on the individuals parts. There is no restriction on the use of the funds once they are received by the trainees.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Housing Allowance Or ResidenceYes (X)HousingAllowanceOrResidenceInd
Written Policy Ref T And E ExpnssYes (1)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (1)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Independent ConsultantYes (X)IndependentConsultantInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr PlanYes (1)SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgYes (1)CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsYes (1)AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (20 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
Richard P Lifton MD PhD
President$1,104,363$0$0$0$167,374$0$56,836$0$219,663$0$1,548,236$0$0$0
Paula Volent
Chief Investment Officer$1,047,536$0$607,751$0$150,968$0$195,214$0$31,764$0$2,033,233$0$154,167$0
Anouk van der Boor
Managing Director, Private Partnersh$399,113$0$400,000$0$0$0$0$0$58,373$0$857,486$0$0$0
Maren Imhoff
SVP, Development$656,242$0$0$0$75,169$0$56,745$0$67,821$0$855,977$0$0$0
Michael Young
VP, Academic Affairs (thru 8/31/23)$611,014$0$0$0$91,336$0$56,715$0$65,574$0$824,639$0$0$0
Barry Coller
VP & Physician-in-Chief$627,818$0$0$0$72,675$0$56,727$0$64,701$0$821,921$0$0$0
Timothy O'Connor
Executive Vice President & Corp Sec$623,057$0$0$0$64,388$0$56,773$0$61,456$0$805,674$0$0$0
Robert G Roeder
Professor, Head of Laboratory$515,763$0$0$0$81,700$0$56,687$0$82,230$0$736,380$0$0$0
Deborah Yeoh
VP & General Counsel$573,626$0$25,000$0$37,937$0$35,975$0$49,134$0$721,672$0$0$0
Charles M Rice
Professor, Head of Laboratory$548,618$0$0$0$55,431$0$56,827$0$31,667$0$692,543$0$0$0
Nathaniel Heintz
Professor, Head of Laboratory$491,578$0$0$0$49,534$0$56,707$0$76,146$0$673,965$0$0$0
Timothy Stearns
VP, Education Affairs$505,613$0$0$0$40,064$0$56,754$0$59,224$0$661,655$0$0$0
Romayne L Botti
VP, Finance & Treasurer$479,558$0$0$0$66,283$0$35,837$0$78,893$0$660,571$0$0$0
Virginia Huffman
VP, Human Resources$466,253$0$0$0$33,481$0$56,657$0$65,910$0$622,301$0$0$0
Titia de Lange
Professor, Head of Laboratory$485,926$0$0$0$39,246$0$56,754$0$34,764$0$616,690$0$0$0
Cornelia Bargmann
VP, Academic Affairs (from 9/1/23)$479,111$0$0$0$33,281$0$56,811$0$31,764$0$600,967$0$0$0
Sidney Strickland
VP, Education Affairs (thru 8/31/22)$445,082$0$0$0$35,479$0$56,741$0$61,456$0$598,758$0$0$0
Kretina Cook
Asst. VP, Finance$273,045$0$25,000$0$54,284$0$47,429$0$64,792$0$464,550$0$0$0
Ashton Murray
Chief Diversity Officer & VP for DEI$347,609$0$0$0$9,102$0$29,373$0$32,492$0$418,576$0$0$0
Theresa Desmond
Spec. Asst/Corp Sec. (thru 7/2024)$209,979$0$0$0$1,958$0$33,560$0$31,392$0$276,889$0$0$0

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Part I, Line 1aThe University provides a residence for the President on campus. The residence is a condition of employment as stated in the President's appointment letter. The house is provided to enable the President to be on campus 24/7 in order to respond to emergent situations that may arise and for other business purposes.
Part I, Line 4bThe University maintains a frozen 457(f) deferred compensation plan for one of its employees (Robert Roeder, PhD). There were no contributions into the plan during the year ended June 30, 2024 and there are no amounts to report as taxable or deferred in Schedule J, Part II compensation detail.
Part I, Line 5The University maintains a bonus plan for the Chief Investment Officer and the Deputy Chief Investment Officer which is partially based upon the fiscal year return of the University's endowment in addition to other quantitative and qualitative measures. The plan was approved by the University's Compensation Committee of the Board of Trustees. The plan was developed using comparative data from similar institutions. For retention purposes, a portion of the annual bonus is deferred and paid in subsequent years. Certain Investment office staff are also eligible for a bonus. The deferred compensation amount disclosed in the University's 2022 Form 990 for the Chief Investment officer included an overstatement of the deferred bonus in the amount of $321,181.
Part I, Line 7Bonuses, as reported in column b(ii), are based on extraordinary operational achievements. Bonuses are approved by the President and the Compensation Committee of the Board of Trustees.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINCUSIPCUSIPNumBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
Dormitory Authority of the State of New York (issue date 013108)
A146000293649903YA32008-01-31$103,215,000Const. & renov. of campus000
Dormitory Authority of the State of New York (issue date 052015)
B1460002930000000002015-05-20$163,190,000Current Refunding (2005A) & const & renov of campus000
Dormitory Authority of the State of New York (issue date 08317)
C1460002930000000002017-08-03$100,445,000Current Refunding (2009B)000
Dormitory Authority of the State of New York (issue date 121119)
D14600029364990GWX62019-12-11$59,618,654Current Refunding (2009A)000

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)

Bond ReferenceBondReferenceCdTotal ProceedsTotalProceedsAmtIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtCapital ExpendituresCapitalExpendituresAmtSubstantial CompletionSubstantialCompletionYrRefunding Tax Exempt BondsRefundingTaxExemptBondsIndRefunding Taxable BondsRefundingTaxableBondsIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintIndOther Spent ProceedsOtherSpentProceedsAmt
A$104,734,474$641,319$104,093,155201200Yes (1)Yes (1)
B$163,373,239$465,000$100,258,2392015Yes (1)0Yes (1)Yes (1)$62,650,000
C$100,445,000$320,000$125,0002012Yes (1)0Yes (1)Yes (1)$100,000,000
D$59,618,654$297,306$29,0471998Yes (1)0Yes (1)Yes (1)$59,292,301

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)

Bond ReferenceBondReferenceCdOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndAny Research AgreementsAnyResearchAgreementsIndEngage Bond Counsel ResearchEngageBondCounselResearchIndBond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestIndChange In Use Bond Financed PropChangeInUseBondFinancedPropIndProcs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A000Yes (1)Yes (1)00Yes (1)
B000Yes (1)Yes (1)00Yes (1)
C000Yes (1)Yes (1)00Yes (1)
D000Yes (1)Yes (1)00Yes (1)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)

Bond ReferenceBondReferenceCdForm8038 T FiledForm8038TFiledIndRebate Not Due YetRebateNotDueYetIndException To RebateExceptionToRebateIndNo Rebate DueNoRebateDueIndVariable Rate IssueVariableRateIssueIndHedge Identified In Bks And RecHedgeIdentifiedInBksAndRecIndGross Proceeds Invested In GICGrossProceedsInvestedInGICIndGross Proceeds InvestedGrossProceedsInvestedIndWritten Proc To Monitor ReqsWrittenProcToMonitorReqsInd
A00Yes (1)Yes (1)Yes (1)000Yes (1)
B00Yes (1)Yes (1)Yes (1)000Yes (1)
C0Yes (1)Yes (1)Yes (1)Yes (1)000Yes (1)
D0Yes (1)Yes (1)Yes (1)0000Yes (1)

Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)

Bond ReferenceBondReferenceCdProcedures Corrective ActionProceduresCorrectiveActionInd
AYes (1)
BYes (1)
CYes (1)
DYes (1)

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Date Rebate Computation PerformedIssuer Name: Dormitory Authority of the State of New York (issue date 01/31 Date the Rebate Computation was Performed: 02/01/2011 Issuer Name: Dormitory Authority of the State of New York (issue date 05/20 Date the Rebate Computation was Performed: 05/20/2017 Issuer Name: Dormitory Authority of the State of New York (issue date 08/3/ Date the Rebate Computation was Performed: 04/08/2019 Issuer Name: Dormitory Authority of the State of New York (issue date 12/11 Date the Rebate Computation was Performed: 11/13/2021 Issuer Name: Dormitory Authority of the State of New York (issue date 11/26 Date the Rebate Computation was Performed: 11/13/2021 Issuer Name: Dormitory Authority of the State of New York (issue date 04/30 Date the Rebate Computation was Performed: 11/13/2021
Part II - line 3 - Total Proceeds (Issue date 1/31/2008)Total Proceeds includes issue price ($103,215,000) + investment income ($1,519,474)
Part II - line 3 - Total Proceeds (Issue date 5/20/2015)Total proceeds include issue price ($163,190,000) plus investment income ($183,239)
Part II - line 3 - Total Proceeds (Issue date 11/26/2019)Total proceeds include issue price ($190,862,275) + investment income ($129,215)
Part II - line 3 - Total Proceeds (Issue date 4/30/2020)Total proceeds include issue price ($50,966,897) + investment income ($6,091)
Part II - line 3 - Total Proceeds (Issue date 4/20/2022)Total proceeds include issue price ($79,308,972) + investment income ($46,477)

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (3 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINCUSIPCUSIPNumBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
Dormitory Authority of the State of New York (issue date 112619)
A14600029364990GVH22019-11-26$190,862,275Current Refunding (2009C) & const & renov of campus000
Dormitory Authority of the State of New York (issue date 043020)
B14600029364990GF212020-04-30$50,966,897Current Refunding (2010A)000
Dormitory Authority of the State of New York (issue date 42022)
C14600029365000BME52022-04-20$79,308,972Current Refunding (2012A & 2012B)000

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (3 entries)

Bond ReferenceBondReferenceCdTotal ProceedsTotalProceedsAmtIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtCapital ExpendituresCapitalExpendituresAmtOther Spent ProceedsOtherSpentProceedsAmtSubstantial CompletionSubstantialCompletionYrRefunding Tax Exempt BondsRefundingTaxExemptBondsIndRefunding Taxable BondsRefundingTaxableBondsIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintInd
A$190,991,490$897,959$90,095,953$99,997,5782019Yes (1)0Yes (1)Yes (1)
B$50,972,988$425,789$125,000$50,422,1992012Yes (1)0Yes (1)Yes (1)
C$79,355,449$645,846$125,000$78,584,6032022Yes (1)0Yes (1)Yes (1)

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (3 entries)

Bond ReferenceBondReferenceCdOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndAny Research AgreementsAnyResearchAgreementsIndEngage Bond Counsel ResearchEngageBondCounselResearchIndBond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestIndChange In Use Bond Financed PropChangeInUseBondFinancedPropIndProcs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A000Yes (1)Yes (1)00Yes (1)
B000Yes (1)Yes (1)00Yes (1)
C000Yes (1)Yes (1)00Yes (1)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (3 entries)

Bond ReferenceBondReferenceCdForm8038 T FiledForm8038TFiledIndRebate Not Due YetRebateNotDueYetIndException To RebateExceptionToRebateIndNo Rebate DueNoRebateDueIndVariable Rate IssueVariableRateIssueIndHedge Identified In Bks And RecHedgeIdentifiedInBksAndRecIndGross Proceeds Invested In GICGrossProceedsInvestedInGICIndGross Proceeds InvestedGrossProceedsInvestedIndWritten Proc To Monitor ReqsWrittenProcToMonitorReqsInd
A0Yes (1)Yes (1)Yes (1)0000Yes (1)
B0Yes (1)Yes (1)Yes (1)0000Yes (1)
C0Yes (1)Yes (1)Yes (1)0000Yes (1)

Procedures Corrective Action ProceduresCorrectiveActionGrp (3 entries)

Bond ReferenceBondReferenceCdProcedures Corrective ActionProceduresCorrectiveActionInd
AYes (1)
BYes (1)
CYes (1)

Schedule L IRS990ScheduleL

Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp (10 entries)

Relationship With OrgRelationshipWithOrgTxtLoan PurposeLoanPurposeTxtLoan From OrganizationLoanFromOrganizationIndOriginal PrincipalOriginalPrincipalAmtBalance DueBalanceDueAmtDefaultDefaultIndBoard Or Committee ApprovalBoardOrCommitteeApprovalIndWritten AgreementWrittenAgreementInd
V Huffman
OfficerMortgage LoanYes (X)$234,000$181,3510Yes (1)Yes (1)
Maren I Imhoff
OfficerMortgage LoanYes (X)$150,000$68,6870Yes (1)Yes (1)
Robin Maloney
FormerMortgage LoanYes (X)$502,932$74,2900Yes (1)Yes (1)
Ashton Murray
OfficerMortgage LoanYes (X)$1,283,888$1,254,6660Yes (1)Yes (1)
Timothy O'Connor
OfficerMortgage LoanYes (X)$825,000$772,8460Yes (1)Yes (1)
Harriet Rabb
OfficerMortgage LoanYes (X)$300,000$139,5670Yes (1)Yes (1)
Michael Young
OfficerMortgage LoanYes (X)$1,238,068$802,2100Yes (1)Yes (1)
Thomas Sakmar
EmployeeMortgage LoanYes (X)$599,000$417,6560Yes (1)Yes (1)
Kretina Cook
OfficerMortgage LoanYes (X)$1,020,000$961,1010Yes (1)Yes (1)
Romayne L Botti
OfficerMortgage LoanYes (X)$650,000$649,5310Yes (1)Yes (1)
FieldValueIRS element (for citing)
Total Balance Due$5,321,905TotalBalanceDueAmt

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp

Name Of Interested NameOfInterested

FieldValueIRS element (for citing)
PersonDavid SzePersonNm
FieldValueIRS element (for citing)
Relationship DescriptionRU TrusteeRelationshipDescriptionTxt
Transaction$352,223TransactionAmt
TransactionThe Rockefeller University's endowment is an investor in several partnerships where David Sze (RU Trustee) is General Partner or Member of the General Partnership. David Sze is not and has never been a member of the Rockefeller University Investment Committee, which means that he does not participate in the University's investment decisions. All transactions are conducted at arms length and at FMV.TransactionDesc
Sharing Of Revenues0SharingOfRevenuesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule L, Part V, SupplementalFormAndLineReferenceDesc
ExplanationGRANTS TO INTERESTED PERSONS: THE ONLY GRANT RELATED TRANSACTIONS ARE THOSE IN WHICH AN INTERESTED PERSON, OR FAMILY MEMBER RECEIVES A STIPEND FOR LIVING EXPENSES FOR BEING A STUDENT AT THE UNIVERSITY. SUCH AMOUNTS WOULD BE IN ACCORDANCE WITH FINANCIAL AID OR GRANT PRACTICES AT ARM'S LENGTH, AND ARE PROTECTED UNDER FERPA, THEREFORE, WILL NOT BE DISCLOSED ON PART III.ExplanationTxt

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution82ContributionCnt
Noncash Contributions Rpt F990$9,566,212NoncashContributionsRptF990Amt
Method Of Determining RevenuesFair Market ValueMethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
DescPledgesDesc
Contribution44ContributionCnt
Noncash Contributions Rpt F990$91,563,490NoncashContributionsRptF990Amt
Method Of Determining RevenuesNet Present ValueMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (1)ReviewProcessUnusualNCGiftsInd
Third Parties UsedYes (1)ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart I, Line 32b:FormAndLineReferenceDesc
ExplanationThe University utilizes a third party to sell gifts of stock that it receives during the fiscal year.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Section A, line 2William E. Ford (RU Trustee) has a business relationship with Pablo Legorreta (RU Trustee). Michael Fascitelli (RU Trustee) has a business relationship with Jamie Dinan (RU Trustee).
Form 990, Part VI, Section B, line 11bThe Organization made available to the governing Board of Trustees the completed form 990 prior to its submission. Any comments or questions pertaining to the form 990 were sent to the Vice President, Finance or a member of the Audit Committee of the Board of Trustees. The Audit Committee of the Board of Trustees reviewed and approved the form 990 prior to its submission.
Form 990, Part VI, Section B, line 12cAll members of the University community are covered by the applicable University conflict of interest policies. Trustees, Officers, and Key Employees are covered by the Policy on Business Conflict of Interest and Family/Business Relationships. All other members of the University community are covered by the Conflict of Interest Policy Governing Business Practices. (a) For trustees (including the President), the conflict of interest disclosure form is submitted to the Audit Committee of the Board of Trustees. The Audit Committee, with help from others it may designate, investigates any conflicts or potential conflicts of interest and implements management plans where conflicts or potential conflicts are found to exist. Trustees having made disclosures of current or potential conflict of interest situations may participate in the information-gathering stage of the Audit Committee's review of the disclosures, but will be asked to excuse themselves during the Audit Committee discussion, consideration and vote on the matters in question. (b) For officers and key employees, the conflict of interest disclosure form is submitted to the President. The President, with the help from others he may designate, investigates any conflicts or potential conflicts of interest, and implements management plans where conflicts are found to exist. (c) For heads of laboratory, the conflict of interest disclosure form is submitted to the Vice President for Academic Affairs. The Vice President for Academic Affairs, with help from others he may designate, investigates any conflicts or potential conflicts of interest, and implements management plans where conflicts are found to exist. (d) For all other members of the University community, the conflict of interest disclosure form is submitted to the Vice President for Human Resources. The Vice President for Human Resources, with help from others she may designate, investigates any conflicts or potential conflicts of interest, and implements management plans where conflicts are found to exist.
Form 990, Part VI, Section B, line 15Compensation for the President and Officers is established and approved by the Compensation Committee of the Board of Trustees. Such compensation is established through review of comparability data and contemporaneous documentation of the deliberation and decision. The process includes use of an independent compensation consultant, compensation survey of peer institutions and review of other Form 990s. Specific reviews occur on an annual basis.
Form 990, Part VI, Section C, line 19The University's governing documents would be made available upon request. The conflict of interest policy and financial statements are available to the public through the University's website.
Form 990, Part XI, line 9:Unrealized Gain on Derivatives 16,076,529. Postretirement related changes 64,000. Provision for uncollectible contributions receivable -5,528,679.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1The Rockefeller University Faculty & Students Club IncBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line11230 York AvenueAddressLine1Txt
CityNew YorkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10065ZIPCd
FieldValueIRS element (for citing)
EIN136066979EIN
Primary ActivitiesSocial ClubPrimaryActivitiesTxt
Legal Domicile StateNYLegalDomicileStateCd
Exempt Code Section501(c)(7)ExemptCodeSectionTxt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1The Rockefeller UniversityBusinessNameLine1Txt
FieldValueIRS element (for citing)
Controlled OrganizationYes (1)ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other OrgYes (1)PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other OrgYes (1)TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (3 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
THE ROCKEFELLER UNIVERSITY FACULTY & STUDENTS CLUB INC
M$264,679Cash
THE ROCKEFELLER UNIVERSITY FACULTY & STUDENTS CLUB INC
N$128,381Cash
THE ROCKEFELLER UNIVERSITY FACULTY & STUDENTS CLUB INC
R-$238,153Cash

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceForm 990, Schedule R, Part V, #2FormAndLineReferenceDesc
ExplanationThe Rockefeller University Faculty and Students Club, Inc. (the Club) is a 501(c)(7) organization that operates a social Club on the campus of The Rockefeller University. The purpose of the Club is to encourage the friendly association of its members and their guests for scientific and other intellectual discourse, and/or pleasure and recreation. The books and records of the Club are maintained by the University. The University collects annual Club dues on behalf of the Club. The Club also relies on certain University systems in order to operate. The Club has a liability to the University which represents the University's subsidized portion of the Club's operations in the amount of $3,319,497 as of June 30, 2024.ExplanationTxt