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ROCHESTER INSTITUTE OF TECHNOLOGY: Form 990, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
ROCHESTER INSTITUTE OF TECHNOLOGY (EIN 16-0743140)
Tax period
2014-07-01 to 2015-06-30
Filed
2016-05-11
IRS object ID
201641329349303199
Schema version
2014v6.0
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)
Return2016-05-11T18:00:20-05:00ReturnTs
Tax Period End2015-06-30TaxPeriodEndDt
Return Type990ReturnTypeCd
Tax Period Begin2014-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN160743140EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Rochester Institute of TechnologyBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlROCHBusinessNameControlTxt
Phone5854752383PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line146 Lomb Memorial DriveAddressLine1Txt
CityRochesterCityNm
State AbbreviationNYStateAbbreviationCd
ZIP14623ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJames H WattersPersonNm
Person TitleSr VP Finance & AdministrationPersonTitleTxt
Signature2016-05-11SignatureDt
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-08-17 19:52:53ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd

Principal Ofcr Business Name PrincipalOfcrBusinessName

FieldValueIRS element (for citing)
Business Name Line1William DestlerBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line146 Lomb Memorial DriveAddressLine1Txt
CityRochesterCityNm
State AbbreviationNYStateAbbreviationCd
ZIP14623ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$868,210,007GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresswww.rit.eduWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1830FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionTHROUGH A UNIQUE BLEND OF CURRICULAR, EXPERIENTIAL, AND RESEARCH PROGRAMS DELIVERED WITHIN A STUDENT-CENTRIC CULTURE, ROCHESTER INSTITUTE OF TECHNOLOGY PREPARES ITS STUDENTS FOR SUCCESSFUL CAREERS IN A GLOBAL SOCIETY.ActivityOrMissionDesc
Voting Members Governing Body47VotingMembersGoverningBodyCnt
Voting Members Independent44VotingMembersIndependentCnt
Total Employee12216TotalEmployeeCnt
Total Volunteers3431TotalVolunteersCnt
Total Gross UBI$3,648,177TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm-$3,509,823NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$118,245,235PYContributionsGrantsAmt
CY Contributions Grants$124,963,942CYContributionsGrantsAmt
PY Program Service Revenue$504,649,688PYProgramServiceRevenueAmt
CY Program Service Revenue$528,170,839CYProgramServiceRevenueAmt
PY Investment Income$50,634,920PYInvestmentIncomeAmt
CY Investment Income$38,578,155CYInvestmentIncomeAmt
PY Other Revenue$9,443,886PYOtherRevenueAmt
CY Other Revenue$9,949,865CYOtherRevenueAmt
PY Total Revenue$682,973,729PYTotalRevenueAmt
CY Total Revenue$701,662,801CYTotalRevenueAmt
PY Grants And Similar Paid$160,759,512PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$171,690,021CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$324,621,538PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$332,543,704CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$143,534PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$93,275CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$8,961,922CYTotalFundraisingExpenseAmt
PY Other Expenses$169,981,413PYOtherExpensesAmt
CY Other Expenses$158,011,959CYOtherExpensesAmt
PY Total Expenses$655,505,997PYTotalExpensesAmt
CY Total Expenses$662,338,959CYTotalExpensesAmt
PY Revenues Less Expenses$27,467,732PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$39,323,842CYRevenuesLessExpensesAmt
Total Assets BOY$1,711,097,571TotalAssetsBOYAmt
Total Assets EOY$1,726,065,715TotalAssetsEOYAmt
Total Liabilities BOY$563,676,662TotalLiabilitiesBOYAmt
Total Liabilities EOY$559,195,258TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,147,420,909NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,166,870,457NetAssetsOrFundBalancesEOYAmt
MissionTHROUGH A UNIQUE BLEND OF CURRICULAR, EXPERIENTIAL, AND RESEARCH PROGRAMS DELIVERED WITHIN A STUDENT-CENTRIC CULTURE, ROCHESTER INSTITUTE OF TECHNOLOGY PREPARES ITS STUDENT FOR SUCCESSFUL CAREERS IN A GLOBAL SOCIETY.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$451,621,567ExpenseAmt
Grant$168,006,906GrantAmt
Revenue$435,442,412RevenueAmt
DescINSTRUCTION AND ACADEMIC SUPPORT - ESTABLISHED IN 1829, RIT IS A PRIVATE COEDUCATIONAL UNIVERSITY LOCATED IN UPSTATE NEW YORK, WITH APPROXIMATELY 18,100 FULL AND PART-TIME UNDERGRADUATE AND GRADUATE STUDENTS. RIT IS COMPRISED OF NINE COLLEGES OFFERING MORE THAN 200 GRADUATE AND UNDERGRADUATE PROGRAMS. NTID (NATIONAL TECHNICAL INSTITUTE FOR THE DEAF), ONE OF RIT'S COLLEGES, IS THE WORLD'S FIRST AND LARGEST TECHNICAL COLLEGE FOR DEAF STUDENTS WITH APPROXIMATELY 1,400 STUDENTS FROM THE UNITED STATES AND ABROAD. FOR THE PAST 20 YEARS, US NEWS AND WORLD REPORT HAS RANKED RIT FIRST OR SECOND IN ACADEMIC REPUTATION AMONG REGIONAL UNIVERSITIES IN THE NORTH. OVER THE PRECEDING 10 YEARS, TOTAL FALL ENROLLMENT HAS INCREASED 2,717 FULL TIME EQUIVALENTS (FTES) OR 22.0% FROM 12,336 IN 2004 TO 15,053 IN 2014. TOTAL SCHOLARSHIPS INCREASED 6.9% OVER THE PRIOR YEAR AND INSTITUTIONALLY FUNDED SCHOLARSHIPS INCREASED BY 7.1% OVER THE PRIOR YEAR.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$116,417,001ExpenseAmt
Grant$50,345GrantAmt
Revenue$88,551,635RevenueAmt
DescSTUDENT AND AUXILIARY SERVICES - STUDENT SERVICES PROVIDE STUDENTS WITH ADDITIONAL ENRICHMENT AND EDUCATIONAL OPPORTUNITIES. SUCH SERVICES INCLUDE ATHLETICS, STUDENT HEALTH AND ADMISSIONS. AUXILIARIES PROVIDE ESSENTIAL SERVICES TO STUDENTS IN SUPPORT OF RIT'S EDUCATIONAL MISSION. THESE SERVICES INCLUDE HOUSING OPERATIONS AND DINING SERVICES. SALES & SERVICES OF AUXILIARY ENTERPRISES GENERATED TOTAL REVENUE OF $81.6 MILLION, AN INCREASE OF $2.5 MILLION OVER THE PRIOR YEAR. SURPLUSES FROM AUXILIARY OPERATIONS SUPPORT THE OPERATING BUDGET OF THE UNIVERSITY.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$39,013,386ExpenseAmt
Grant$3,632,770GrantAmt
Revenue$4,176,792RevenueAmt
DescRESEARCH AND PUBLIC SUPPORT - RIT ENGAGES IN PUBLIC SERVICE ACTIVITIES THAT BENEFIT THE GENERAL COMMUNITY IN WHICH IT RESIDES, INCLUDING TRAINING, POSTSECONDARY EDUCATION FOR THE DEAF AND HARD OF HEARING, AND K-12 PROGRAMS. RIT ALSO CONDUCTS RESEARCH TO ADVANCE THE BODY OF KNOWLEDGE, ENHANCE STUDENT AND FACULTY LEARNING AND BUILD ITS REPUTATION IN THE SCIENTIFIC AND TECHNICAL COMMUNITIES IN SUPPORT OF, OR IN CONCERT WITH, THE UNIVERSITY'S EXEMPT MISSION, WHILE PROVIDING POSITIVE RETURNS TO OUR SPONSORING PARTNERS. AS ARTICULATED IN RIT'S STRATEGIC PLAN, THE UNIVERSITY CONTINUES TO PLACE EMPHASIS ON ITS REVENUE GROWTH IN THE RESEARCH PORTFOLIO.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$607,051,954TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesYes (true)LobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsYes (true)ConservationEasementsInd
Collections Of ArtYes (true)CollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Temp Or Permanent EndowmentsYes (true)TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (true)ReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (true)ConsolidatedAuditFinclStmtInd
School OperatingYes (true)SchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesYes (true)ForeignActivitiesInd
More Than5000 K To OrgYes (true)MoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingYes (true)ProfessionalFundraisingInd
Fundraising ActivitiesYes (true)FundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsYes (true)GrantsToOrganizationsInd
Grants To IndividualsYes (true)GrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsYes (true)TaxExemptBondsInd
Invest Tax Exempt BondsfalseInvestTaxExemptBondsInd
Escrow AccountfalseEscrowAccountInd
On Behalf Of IssuerfalseOnBehalfOfIssuerInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemYes (true)BusinessRlnWithFamMemInd
Business Rln With Officer EntYes (true)BusinessRlnWithOfficerEntInd
Deductible Non Cash ContriYes (true)DeductibleNonCashContriInd
Deductible Art ContributionYes (true)DeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityYes (true)DisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntYes (true)RelatedOrganizationCtrlEntInd
Transaction With Control EntYes (true)TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document1163IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee12216EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (true)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (true)Form990TFiledInd
Foreign Financial AccountYes (true)ForeignFinancialAccountInd
Foreign CountryHRForeignCountryCd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsYes (true)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (true)QuidProQuoContriDisclInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members47GoverningBodyVotingMembersCnt
Independent Voting Member44IndependentVotingMemberCnt
Family Or Business RlnYes (true)FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Lyn KellyBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone5854752383PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line17 Lomb Memorial DriveAddressLine1Txt
CityRochesterCityNm
State AbbreviationNYStateAbbreviationCd
ZIP146235603ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (68 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
WILLIAM W DESTLER
PRESIDENT40.000.10Yes (X)Yes (X)$858,867$0$92,271
WILLEM APPELO
TRUSTEE0.100.10Yes (X)$0$0$0
BROOKS H BOWER
TRUSTEE0.10Yes (X)$0$0$0
ANDREW N BRENNEMAN
TRUSTEE0.10Yes (X)$0$0$0
CHARLES S BROWN JR
TRUSTEE0.10Yes (X)$0$0$0
WILLIAM A BUCKINGHAM
TRUSTEE0.10Yes (X)$0$0$0
DAVID J BURNS
TRUSTEE0.100.10Yes (X)$0$0$0
ANN L BURR
TRUSTEE0.10Yes (X)$0$0$0
ESSIE L CALHOUN-MCDAVID
TRUSTEE0.10Yes (X)$0$0$0
MARK C CLEMENT
TRUSTEE0.10Yes (X)$0$0$0
RICHARD M DASTIN
TRUSTEE0.10Yes (X)$0$0$0
ROBERT DOBIES
TRUSTEE0.10Yes (X)$0$0$0
NANCY L FEIN
TRUSTEE0.100.10Yes (X)$0$0$0
MARIANNE GOFF
TRUSTEE0.10Yes (X)$0$0$0
ARTHUR A GOSNELL
TRUSTEE0.10Yes (X)$0$0$0
BRIAN H HALL
TRUSTEE0.10Yes (X)$0$0$0
JEFFREY K HARRIS
TRUSTEE0.10Yes (X)$0$0$0
FRANK S HERMANCE
TRUSTEE0.10Yes (X)$0$0$0
SUSAN R HOLLIDAY
TRUSTEE0.10Yes (X)$0$0$0
JAY T HOLMES
TRUSTEE0.100.10Yes (X)$0$0$0
SAMUEL T HUBBARD JR
TRUSTEE0.10Yes (X)$0$0$0
THOMAS F JUDSON JR
TRUSTEE0.10Yes (X)$0$0$0
RICHARD A KAPLAN
TRUSTEE0.100.10Yes (X)$0$0$0
JOYCE B KLEMMER
TRUSTEE0.10Yes (X)$0$0$0
AUSTIN W MCCHORD
TRUSTEE0.10Yes (X)$0$0$0
ROOSEVELT MERCER JR
TRUSTEE0.10Yes (X)$0$0$0
ROBERT D MOORE JR
TRUSTEE0.100.10Yes (X)$0$0$0
HAROLD M MOWL JR
TRUSTEE0.10Yes (X)$0$0$0
HENRY D NAVAS
TRUSTEE0.10Yes (X)$0$0$0
BRIAN P O'SHAUGHNESSY
TRUSTEE0.10Yes (X)$0$0$0
SANDRA A PARKER
TRUSTEE0.10Yes (X)$0$0$0
WOLFGANG PFIZENMAIER
TRUSTEE0.10Yes (X)$0$0$0
GERARD Q PIERCE
TRUSTEE0.10Yes (X)$0$0$0
SUSAN M PUGLIA
TRUSTEE0.10Yes (X)$0$0$0
ROBERT W RICE
TRUSTEE0.10Yes (X)$0$0$0
THOMAS S RICHARDS
TRUSTEE0.10Yes (X)$0$0$0
SUSAN J RILEY
TRUSTEE0.10Yes (X)$0$0$0
RICHARD E SANDS
TRUSTEE0.10Yes (X)$0$0$0
JANET F SANSONE
TRUSTEE0.10Yes (X)$0$0$0
STEPHEN L SCHULTZ
TRUSTEE0.10Yes (X)$0$0$0
FRANK S SKLARSKY
TRUSTEE0.10Yes (X)$0$0$0
KEVIN J SURACE
TRUSTEE0.10Yes (X)$0$0$0
SHARON TING
TRUSTEE0.10Yes (X)$0$0$0
HARRY P TRUEHEART III
TRUSTEE0.10Yes (X)$0$0$0
DONALD J TRUESDALE
TRUSTEE0.10Yes (X)$0$0$0
KIM E VANGELDER
TRUSTEE0.10Yes (X)$0$0$0
RICARDO A VENEGAS
TRUSTEE0.10Yes (X)$0$0$0
JUDY B VON BUCHER
TRUSTEE0.10Yes (X)$0$0$0
CHESTER N WATSON
TRUSTEE0.10Yes (X)$0$0$0
CHRISTINE B WHITMAN
TRUSTEE0.100.10Yes (X)$0$0$0
RONALD L ZARRELLA
TRUSTEE0.10Yes (X)$0$0$0
KAREN A BARROWS
SECRETARY OF THE INST AND CHIEF OF STAFF40.00Yes (X)$120,001$0$19,166
GERARD BUCKLEY
PRESIDENT NTID, VP AND DEAN RIT40.00Yes (X)$298,509$0$44,928
LISA A CAUDA
VP DEVELOPMENT AND ALUMNI RELATIONS40.00Yes (X)$284,410$0$38,942
JEREMY A HAEFNER
PROVOST AND SVP ACADEMIC AFFAIRS40.000.10Yes (X)$464,826$0$65,888
SANDRA S JOHNSON
SVP STUDENT AFFAIRS40.00Yes (X)$157,760$0$14,973
KATHERINE J MAYBERRY
VP FOR STRATEGIC PLANNING AND SPECIAL INITIATIVES40.00Yes (X)$231,981$0$38,453
KEVIN MCDONALD
VP AND ASSOC PROVOST FOR DIVERSITY AND INCLUSION40.00Yes (X)$209,032$0$48,174
JAMES G MILLER
SVP ENROLLMENT MGMT AND CAREER SVCS40.000.10Yes (X)$351,884$0$42,152
DANIEL ORNT
VP AND DEAN OF INST OF HEALTH SCIENCES AND TECH40.00Yes (X)$401,961$0$35,574
RYNE RAFFAELLE
VP FOR RESEARCH AND ASSOC PROVOST40.00Yes (X)$263,393$0$80,914
DEBORAH M STENDARDI
VP GOVT AND COMMUNITY RELATIONS40.00Yes (X)$244,110$0$45,139
JAMES H WATTERS
SVP FINANCE AND ADMINISTRATION40.000.10Yes (X)$473,967$0$62,536
DONALD F FIGER
PROF AND DIR CENTER FOR DETECTORS40.00$273,422$0$41,155Yes (X)
NABIL Z NASR
ASST PROVOST, DIR GOLISANO INST OF SUSTAINABILITY40.00$400,945$0$47,289Yes (X)
DT OGILVIE
DISTINGUISHED PROFESSOR OF URBAN ENTREPRENEURSHIP40.00$303,312$0$33,737Yes (X)
HARVEY PALMER
DEAN, KATE GLEASON COLLEGE OF ENGINEERING40.00$266,599$0$44,335Yes (X)
ANDREW SEARS
DEAN, GOLISANO COLLEGE OF COMPUTING AND INFO SCIENCES40.00$293,027$0$62,029Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$5,898,006TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$857,655TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K456IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsYes (true)CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
AMERICAN CAMPUS COMMUNITIES OPERATING PTP LLC
400 PARK POINT DRIVEROCHESTERNY14623RENT$800,000
BOND SCHOENECK & KING
ONE LINCOLN CENTERSYRACUSENY132021355LEGAL SERVICES$586,416
HBT ARCHITECTS LLP
16 SOUTH MAIN STPITTSFORDNY14534ARCHITECTURAL SERVICES$408,211
PRICEWATERHOUSE COOPERS LLP
PO BOX 7247-8001PHILADELPHIAPA19170AUDITING SERVICES$264,912
WAYNE DE LUONG
53 MAPLE VALLEY CRESCENTROCHESTERNY14623FOOD SERVICE$227,497
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K18CntrctRcvdGreaterThan100KCnt
Info In Schedule O Part VIIIYes (X)InfoInScheduleOPartVIIIInd
Fundraising$31,322FundraisingAmt
Government Grants$100,705,864GovernmentGrantsAmt
All Other Contributions$24,226,756AllOtherContributionsAmt
Noncash Contributions$7,879,812NoncashContributionsAmt
Total Contributions$124,963,942TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtExclusionExclusionAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmt
TUITION900099$441,524,441$441,524,441
AUXILIARY SERVICES721000$71,837,921$71,837,921
RESEARCH900099$1,639,907$987,884$652,023
NONCREDIT INSTRUCTION900099$3,739,046$3,596,771$142,275
FEES713990$2,192,520$2,192,520

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$7,237,004TotalRevenueColumnAmt
Related Or Exempt Func Income$6,818,399RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$223,217UnrelatedBusinessRevenueAmt
Exclusion$195,388ExclusionAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$528,170,839TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$15,840,285TotalRevenueColumnAmt
Unrelated Business Revenue-$2,067,758UnrelatedBusinessRevenueAmt
Exclusion$17,908,043ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

FieldValueIRS element (for citing)
Total Revenue Column$14,309TotalRevenueColumnAmt
Exclusion$14,309ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$368,046TotalRevenueColumnAmt
Exclusion$368,046ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$715,936RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$686,144RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$29,792RealAmt
Personal$0PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$29,792TotalRevenueColumnAmt
Related Or Exempt Func Income$20,529RelatedOrExemptFuncIncomeAmt
Exclusion$9,263ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$188,546,723SecuritiesAmt
Other$2,994OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$165,317,994SecuritiesAmt
Other$508,162OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$23,228,729SecuritiesAmt
Other-$505,168OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$22,723,561TotalRevenueColumnAmt
Related Or Exempt Func Income$2,994RelatedOrExemptFuncIncomeAmt
Exclusion$22,720,567ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$30,633FundraisingGrossIncomeAmt
Fundraising Direct Expenses$34,906FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$4,273TotalRevenueColumnAmt
Exclusion-$4,273ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmtExclusionExclusionAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
RIT INN AND CONFERENCE CENTER721110$3,550,076$3,550,076
BOOKSTORE COMMISSIONS451211$971,660$971,660
PARKING812930$1,283,536$1,283,536

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,751,028TotalRevenueColumnAmt
Related Or Exempt Func Income$1,671,884RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$1,148,344UnrelatedBusinessRevenueAmt
Exclusion$930,800ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$9,556,300OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$701,662,801TotalRevenueColumnAmt
Related Or Exempt Func Income$454,918,554RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$3,648,177UnrelatedBusinessRevenueAmt
Exclusion$118,132,128ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$405,711TotalAmt
Program Services$405,711ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$171,220,593TotalAmt
Program Services$171,220,593ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$63,717TotalAmt
Program Services$63,717ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$4,644,402TotalAmt
Program Services$1,440,056ProgramServicesAmt
Management And General$2,416,090ManagementAndGeneralAmt
Fundraising$788,256FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$250,383,384TotalAmt
Program Services$226,602,750ProgramServicesAmt
Management And General$18,938,362ManagementAndGeneralAmt
Fundraising$4,842,272FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$19,214,507TotalAmt
Program Services$17,103,865ProgramServicesAmt
Management And General$1,685,503ManagementAndGeneralAmt
Fundraising$425,139FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$41,542,224TotalAmt
Program Services$36,687,893ProgramServicesAmt
Management And General$3,619,708ManagementAndGeneralAmt
Fundraising$1,234,623FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$16,759,187TotalAmt
Program Services$14,918,253ProgramServicesAmt
Management And General$1,470,121ManagementAndGeneralAmt
Fundraising$370,813FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$280,173TotalAmt
Program Services$74,213ProgramServicesAmt
Management And General$205,960ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$1,442,430TotalAmt
Program Services$319,152ProgramServicesAmt
Management And General$1,122,922ManagementAndGeneralAmt
Fundraising$356FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$333,333TotalAmt
Program Services$790ProgramServicesAmt
Management And General$332,543ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$316,384TotalAmt
Management And General$302,765ManagementAndGeneralAmt
Fundraising$13,619FundraisingAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$93,275TotalAmt
Fundraising$93,275FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$272,040TotalAmt
Management And General$272,040ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$25,104,625TotalAmt
Program Services$20,872,333ProgramServicesAmt
Management And General$3,999,152ManagementAndGeneralAmt
Fundraising$233,140FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$1,253,156TotalAmt
Program Services$1,056,786ProgramServicesAmt
Management And General$184,658ManagementAndGeneralAmt
Fundraising$11,712FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$38,759,634TotalAmt
Program Services$34,455,972ProgramServicesAmt
Management And General$4,011,215ManagementAndGeneralAmt
Fundraising$292,447FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$4,944,041TotalAmt
Program Services$4,388,136ProgramServicesAmt
Management And General$448,592ManagementAndGeneralAmt
Fundraising$107,313FundraisingAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$42,372TotalAmt
Program Services$42,333ProgramServicesAmt
Fundraising$39FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$10,760,554TotalAmt
Program Services$10,330,511ProgramServicesAmt
Management And General$426,907ManagementAndGeneralAmt
Fundraising$3,136FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$11,923,012TotalAmt
Program Services$10,605,745ProgramServicesAmt
Management And General$911,095ManagementAndGeneralAmt
Fundraising$406,172FundraisingAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

FieldValueIRS element (for citing)
Total$3,505TotalAmt
Program Services$3,505ProgramServicesAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$9,818,894TotalAmt
Program Services$9,342,630ProgramServicesAmt
Management And General$476,264ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$37,282,530TotalAmt
Program Services$34,461,785ProgramServicesAmt
Management And General$2,820,745ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$1,854,574TotalAmt
Program Services$1,774,076ProgramServicesAmt
Management And General$67,010ManagementAndGeneralAmt
Fundraising$13,488FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
POSTRETIREMENT BENEFITS ASC 715$16,289,605$14,500,253$1,749,761$39,591
BAD DEBT EXPENSE$1,212,208$70,775$1,141,038$395
EXPENSE RECOVERIES FROM AFFILIATES-$2,751,130-$2,751,130
ASSET RETIREMENT OBLIGATIONS-$1,369,065-$1,305,267-$63,798

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$239,084TotalAmt
Program Services$366,518ProgramServicesAmt
Management And General-$213,570ManagementAndGeneralAmt
Fundraising$86,136FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$662,338,959TotalAmt
Program Services$607,051,954ProgramServicesAmt
Management And General$46,325,083ManagementAndGeneralAmt
Fundraising$8,961,922FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$16,848,768BOYAmt
EOY$553,106EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$60,838,692BOYAmt
EOY$50,130,162EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$29,767,767BOYAmt
EOY$34,828,434EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$59,198,463BOYAmt
EOY$59,356,850EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$1,330,555BOYAmt
EOY$1,320,811EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$8,771,822BOYAmt
EOY$8,291,391EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$1,108,918,966LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$462,386,808LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$636,217,516BOYAmt
EOY$646,532,158EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$266,738,348BOYAmt
EOY$282,115,202EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$626,677,071BOYAmt
EOY$637,296,480EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$4,708,569BOYAmt
EOY$5,641,121EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,711,097,571BOYAmt
EOY$1,726,065,715EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$46,957,557BOYAmt
EOY$40,490,208EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$26,097,071BOYAmt
EOY$25,317,138EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$290,994,304BOYAmt
EOY$282,869,457EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$199,627,730BOYAmt
EOY$210,518,455EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$563,676,662BOYAmt
EOY$559,195,258EOYAmt

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$739,251,581BOYAmt
EOY$763,094,069EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$262,397,787BOYAmt
EOY$253,458,940EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$145,771,541BOYAmt
EOY$150,317,448EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,147,420,909BOYAmt
EOY$1,166,870,457EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,711,097,571BOYAmt
EOY$1,726,065,715EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$39,323,842ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$19,681,626NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets-$192,668OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredYes (true)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (true)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$125,065,640CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$133,524,430CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$122,797,274CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$118,154,892CurrentTaxYearMinus1YearAmt
Current Tax Year$124,957,324CurrentTaxYearAmt
Total$624,499,560TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$125,065,640CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$133,524,430CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$122,797,274CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$118,154,892CurrentTaxYearMinus1YearAmt
Current Tax Year$124,957,324CurrentTaxYearAmt
Total$624,499,560TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$0SubstantialContributorsTotAmt
Public Support Total170$624,499,560PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$14,131,954CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$15,855,657CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$13,327,954CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$14,909,633CurrentTaxYearMinus1YearAmt
Current Tax Year$19,006,334CurrentTaxYearAmt
Total$77,231,532TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$0CurrentTaxYearMinus1YearAmt
Current Tax Year$0CurrentTaxYearAmt
Total$0TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$4,710,890CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,596,659CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,813,101CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,905,496CurrentTaxYearMinus1YearAmt
Current Tax Year$1,933,093CurrentTaxYearAmt
Total$12,959,239TotalAmt
FieldValueIRS element (for citing)
Total Support$714,690,331TotalSupportAmt
Gross Receipts Rltd Activities$2,103,150,107GrossReceiptsRltdActivitiesAmt
Public Support CY1700.8738PublicSupportCY170Pct
Public Support PY1700.8786PublicSupportPY170Pct
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 Other IncomeFormAndLineReferenceDesc
ExplanationDESCRIPTION - COMMISSIONS - BOOKSTORE, COLUMN A - 915249.0, COLUMN B - 972474.0, COLUMN C - 971660.0, COLUMN D - 971660.0, COLUMN E - 971660.0, COLUMN F - 4802703.0; DESCRIPTION - MARGARETS HOUSE, COLUMN A - 808952.0, COLUMN B - 818697.0, COLUMN C - 765357.0, COLUMN D - 848998.0, COLUMN E - 887201.0, COLUMN F - 4129205.0; DESCRIPTION - ALL OTHER REVENUE, COLUMN A - 2986689.0, COLUMN B - 805488.0, COLUMN C - 76084.0, COLUMN D - 84838.0, COLUMN E - 74232.0, COLUMN F - 4027331.0;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 C IRS990ScheduleC

FieldValueIRS element (for citing)
Organization Belongs Afflt GrpYes (X)OrganizationBelongsAffltGrpInd

Total Direct Lobbying TotalDirectLobbyingGrp

FieldValueIRS element (for citing)
Filing Organizations Total$372,198FilingOrganizationsTotalAmt

Total Lobbying Expend TotalLobbyingExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$372,198FilingOrganizationsTotalAmt
Affiliated Group Total$0AffiliatedGroupTotalAmt

Other Exempt Purpose Expend OtherExemptPurposeExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$606,679,756FilingOrganizationsTotalAmt

Total Exempt Purpose Expend TotalExemptPurposeExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$607,051,954FilingOrganizationsTotalAmt

Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp

FieldValueIRS element (for citing)
Filing Organizations Total$1,000,000FilingOrganizationsTotalAmt
Affiliated Group Total$0AffiliatedGroupTotalAmt

Grassroots Nontaxable GrassrootsNontaxableGrp

FieldValueIRS element (for citing)
Filing Organizations Total$250,000FilingOrganizationsTotalAmt
Affiliated Group Total$0AffiliatedGroupTotalAmt

Tot Lbbyng Grassroot Mns Non Tx TotLbbyngGrassrootMnsNonTxGrp

FieldValueIRS element (for citing)
Filing Organizations Total$0FilingOrganizationsTotalAmt
Affiliated Group Total$0AffiliatedGroupTotalAmt

Tot Lbby Expend Mns Lbbyng Non Tx TotLbbyExpendMnsLbbyngNonTxGrp

FieldValueIRS element (for citing)
Filing Organizations Total$0FilingOrganizationsTotalAmt
Affiliated Group Total$0AffiliatedGroupTotalAmt

Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp

FieldValueIRS element (for citing)
Current Year Minus3$1,000,000CurrentYearMinus3Amt
Current Year Minus2$1,000,000CurrentYearMinus2Amt
Current Year Minus1$1,000,000CurrentYearMinus1Amt
Current Year$1,000,000CurrentYearAmt
Total$4,000,000TotalAmt
FieldValueIRS element (for citing)
Lobbying Ceiling$6,000,000LobbyingCeilingAmt

Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp

FieldValueIRS element (for citing)
Current Year Minus3$395,962CurrentYearMinus3Amt
Current Year Minus2$379,134CurrentYearMinus2Amt
Current Year Minus1$346,300CurrentYearMinus1Amt
Current Year$372,198CurrentYearAmt
Total$1,493,594TotalAmt

Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp

FieldValueIRS element (for citing)
Current Year Minus3$250,000CurrentYearMinus3Amt
Current Year Minus2$250,000CurrentYearMinus2Amt
Current Year Minus1$250,000CurrentYearMinus1Amt
Current Year$250,000CurrentYearAmt
Total$1,000,000TotalAmt
FieldValueIRS element (for citing)
Grassroots Ceiling$1,500,000GrassrootsCeilingAmt

Avg Grassroots Lobbying Expend AvgGrassrootsLobbyingExpendGrp

FieldValueIRS element (for citing)
Current Year Minus3$0CurrentYearMinus3Amt
Current Year Minus2$0CurrentYearMinus2Amt
Current Year Minus1$0CurrentYearMinus1Amt
Current Year$0CurrentYearAmt
Total$0TotalAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Preservation Public UseYes (X)PreservationPublicUseInd
Protection Natural HabitatYes (X)ProtectionNaturalHabitatInd
Total Easements1TotalEasementsCnt
Total Acreage32.0TotalAcreageCnt
Historic Structure Easements0HistoricStructureEasementsCnt
Historic Strctr Easements Aftr0HistoricStrctrEasementsAftrCnt
Modified Easements0ModifiedEasementsCnt
States Easements Held1StatesEasementsHeldCnt
Written Policy MonitoringfalseWrittenPolicyMonitoringInd

Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp

FieldValueIRS element (for citing)
Revenues Included$555,934RevenuesIncludedAmt
Assets Included$10,029,191AssetsIncludedAmt

Held Works Art HeldWorksArtGrp

FieldValueIRS element (for citing)
Revenues Included$0RevenuesIncludedAmt
Assets Included$0AssetsIncludedAmt
FieldValueIRS element (for citing)
Collection Used Pub ExhibitionYes (X)CollectionUsedPubExhibitionInd
Coll Used Scholarly RsrchYes (X)CollUsedScholarlyRsrchInd
Coll Used Loan Or Exch ProgYes (X)CollUsedLoanOrExchProgInd

Collection Used Other Purposes CollectionUsedOtherPurposesGrp

FieldValueIRS element (for citing)
Collection Used Other PurposesYes (X)CollectionUsedOtherPurposesInd
Other PurposesEDUCATIONOtherPurposesDesc
FieldValueIRS element (for citing)
Solicited Assets SalefalseSolicitedAssetsSaleInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$753,950,862BeginningYearBalanceAmt
Contributions$16,583,606ContributionsAmt
Investment Earnings Or Losses$17,755,661InvestmentEarningsOrLossesAmt
Grants Or Scholarships$6,830,883GrantsOrScholarshipsAmt
Other Expenditures$19,522,909OtherExpendituresAmt
Administrative Expenses$0AdministrativeExpensesAmt
End Year Balance$761,936,337EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$669,331,907BeginningYearBalanceAmt
Contributions$7,171,686ContributionsAmt
Investment Earnings Or Losses$105,705,608InvestmentEarningsOrLossesAmt
Grants Or Scholarships$6,605,396GrantsOrScholarshipsAmt
Other Expenditures$21,652,943OtherExpendituresAmt
Administrative Expenses$0AdministrativeExpensesAmt
End Year Balance$753,950,862EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$628,328,362BeginningYearBalanceAmt
Contributions$4,654,227ContributionsAmt
Investment Earnings Or Losses$62,099,043InvestmentEarningsOrLossesAmt
Grants Or Scholarships$6,636,972GrantsOrScholarshipsAmt
Other Expenditures$19,112,753OtherExpendituresAmt
Administrative Expenses$0AdministrativeExpensesAmt
End Year Balance$669,331,907EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$640,962,040BeginningYearBalanceAmt
Contributions$1,676,001ContributionsAmt
Investment Earnings Or Losses$11,769,898InvestmentEarningsOrLossesAmt
Grants Or Scholarships$6,708,063GrantsOrScholarshipsAmt
Other Expenditures$19,371,514OtherExpendituresAmt
Administrative Expenses$0AdministrativeExpensesAmt
End Year Balance$628,328,362EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$559,539,414BeginningYearBalanceAmt
Contributions$6,852,732ContributionsAmt
Investment Earnings Or Losses$97,039,041InvestmentEarningsOrLossesAmt
Grants Or Scholarships$5,751,946GrantsOrScholarshipsAmt
Other Expenditures$16,717,201OtherExpendituresAmt
Administrative Expenses$0AdministrativeExpensesAmt
End Year Balance$640,962,040EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.526BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.1937PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.2803TermEndowmentBalanceEOYPct
Endowments Held Unrelated OrgYes (true)EndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgfalseEndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$10,758,030OtherCostOrOtherBasisAmt
Book Value$10,758,030BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$934,070,424OtherCostOrOtherBasisAmt
Depreciation$367,893,777DepreciationAmt
Book Value$566,176,647BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$148,593,929OtherCostOrOtherBasisAmt
Depreciation$94,493,031DepreciationAmt
Book Value$54,100,898BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$15,496,583OtherCostOrOtherBasisAmt
Book Value$15,496,583BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$646,532,158TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (7 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
BENEFICIAL INTEREST IN TRUSTS$1,704,804F
CASH SURRENDER VALUE OF LIFE INSURANCE$140,799F
COMMINGLED EQUITY FUNDS$253,093,439F
COMMINGLED FIXED INCOME FUNDS$18,038,121F
PRIVATE PLACEMENTS$182,533,938F
HEDGE FUNDS$163,508,245F
CDAR HELD FOR INVESTMENT$18,277,134F
FieldValueIRS element (for citing)
Total Book Value Securities$637,296,480TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)

DescDescAmtAmt
FEDERAL PERKINS LOAN PROGRAM$22,063,856
ASSET RETIREMENT OBLIGATIONS$21,091,383
ASC 715 POSTRETIREMENT BENEFITS OBLIGATION$163,957,697
ALL OTHER LIABILITIES$3,405,519
FieldValueIRS element (for citing)
Total Liability$210,518,455TotalLiabilityAmt

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule D, Part X, Line 1 ASC 740 FOOTNOTE, INCOME TAXESThe University and its consolidated subsidiaries, except for Venture Fund I, LLC (Fund I), are not-for-profit organizations, and generally exempt from income taxes on related income under Section 501(c)(3) of the IRC but are subject to unrelated business income tax on activities not related to their exempt purposes. Fund I, a limited liability company of which RIT is the investor member, is classified as a disregarded entity for federal income tax purposes. The accounting for income taxes Topic of the FASB Accounting Standards Codification addresses the determination of whether certain tax positions result in benefits claimed or expected to be claimed on a tax return and whether they should be recorded in the Consolidated Financial Statements. For tax-exempt entities, tax positions include the entity's tax-exempt status and assumptions used to determine unrelated business taxable income. The University believes its tax positions meet the more-likely-than-not recognition threshold referenced in the Topic.
Schedule D, Part II, Line 9 Conservation easements financial reportingIN 2007, THE UNIVERSITY ENTERED INTO A CONSERVATION EASEMENT WITH THE TOWN OF HENRIETTA, NY. THE CONSERVATION EASEMENT IS VALUED AS PART OF THE LAND AND RECORDED IN RIT'S FINANCIAL STATEMENTS.
Schedule D, Part III, Line 4 Collections of art - description of collectionsTHE UNIVERSITY'S SPECIAL COLLECTIONS INCLUDE MANUSCRIPTS AND CORRESPONDENCE COLLECTIONS ON THE HISTORY AND PRACTICE OF GRAPHIC COMMUNICATION TECHNOLOGIES, HOLDINGS ON BOOKBINDING, PAPERMAKING, TYPE DESIGN, CALLIGRAPHY, AND BOOK ILLUSTRATION. COLLECTIONS ARE AVAILABLE TO STUDENTS, RESEARCHERS, AND THE PUBLIC THROUGH AN ONLINE DATABASE. THE UNIVERSITY CAMPUS IS ALSO HOME TO A COLLECTION OF PUBLIC ART INCLUDING, BUT NOT LIMITED TO, MURALS, PAINTINGS, AND STATUES.
Schedule D, Part V, Line 4 Intended uses of endowment fundsTHE INTENDED USES OF THE UNIVERSITY'S ENDOWMENT FUNDS, AS DETERMINED BY EITHER DONOR RESTRICTION OR BOARD DESIGNATION, INCLUDE SCHOLARSHIPS, AWARDS, PROFESSORSHIPS, LECTURES, AND OTHER GENERAL SUPPORT OF THE UNIVERSITY'S EDUCATIONAL AND RESEARCH MISSION.

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (true)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (true)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (true)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (true)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (true)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (true)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (true)MaintainCpyOfAllSolInd
Discriminate Race Stdnts RghtsfalseDiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss PlcyfalseDiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm FcultyfalseDiscriminateRaceEmplmFcultyInd
Discriminate Race SchsfalseDiscriminateRaceSchsInd
Discriminate Race Educ PlcyfalseDiscriminateRaceEducPlcyInd
Discriminate Race Use Of FcltsfalseDiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt ProgfalseDiscriminateRaceAthltProgInd
Discriminate Race Other ActyfalseDiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (true)GovernmentFinancialAidRcvdInd
Government Financial Aid RvkdfalseGovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (true)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICYRIT'S RACIALLY NON-DISCRIMINATORY POLICY WITH RESPECT TO STUDENT SOLICITATION IS PUBLICIZED IN ALL UNIVERSITY APPLICATIONS, REGISTRATIONS AND OTHER CAMPUS-WIDE PUBLICATIONS. IN ADDITION, RIT PUBLICIZES ITS RACIALLY NON-DISCRIMINATORY EMPLOYMENT POLICIES WHEN RECRUITING FOR OPEN POSITIONS.
Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENTTHE UNIVERSITY IS THE RECIPIENT OF APPROPRIATIONS AND ASSISTANCE FROM THE DEPARTMENT OF EDUCATION TO OPERATE THE NATIONAL TECHNICAL INSTITUTE FOR THE DEAF AND TO SUPPORT THE FEDERAL WORK STUDY AND FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT PROGRAMS. THE UNIVERSITY ALSO RECEIVES AN APPROPRIATION OF DIRECT INSTITUTIONAL SUPPORT OF "BUNDY AID" FROM THE NEW YORK STATE DEPARTMENT OF EDUCATION.

Schedule F IRS990ScheduleF

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

Account Activities Outside US AccountActivitiesOutsideUSGrp (2 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
Central America and the Caribbean00Investments$167,317,765
Europe (Including Iceland and Greenland)00Investments$7,049,368
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Continutation Total Office0ContinutationTotalOfficeCnt
Continutation Total Employee0ContinutationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$174,367,133SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$174,367,133TotalSpentAmt

Grants To Org Outside US GrantsToOrgOutsideUSGrp (2 entries)

RegionRegionTxtPurpose Of GrantPurposeOfGrantTxtCash GrantCashGrantAmtManner Of Cash DisbursementMannerOfCashDisbursementTxtValuation Method UsedValuationMethodUsedDesc
Sub-Saharan AfricaRESEARCH OF PROMOTING SPATIAL THINKING IN RESOURCE MGMT$22,731WIRE0
Sub-Saharan AfricaRESEARCH OF PROMOTING SPATIAL THINKING IN RESOURCE MGMT$40,986WIRE0
FieldValueIRS element (for citing)
Total501c3 Org2Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt
Transfer To Foreign CorpYes (true)TransferToForeignCorpInd
Interest In Foreign TrustYes (true)InterestInForeignTrustInd
Foreign Corp OwnershipYes (true)ForeignCorpOwnershipInd
Passive Foreign Investmest CoYes (true)PassiveForeignInvestmestCoInd
Foreign PartnershipYes (true)ForeignPartnershipInd
Boycott CountriesfalseBoycottCountriesInd

Schedule G IRS990ScheduleG

FieldValueIRS element (for citing)
Mail SolicitationsYes (X)MailSolicitationsInd
Email SolicitationsYes (X)EmailSolicitationsInd
Phone SolicitationsYes (X)PhoneSolicitationsInd
In Person SolicitationsYes (X)InPersonSolicitationsInd
Solicitation Of Non Govt GrantsYes (X)SolicitationOfNonGovtGrantsInd
Solicitation Of Govt GrantsYes (X)SolicitationOfGovtGrantsInd
Special Fundraising EventsYes (X)SpecialFundraisingEventsInd
Agrmt Prof Fundraising ActyYes (true)AgrmtProfFundraisingActyInd

Fundraiser Activity Info FundraiserActivityInfoGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdActivityActivityTxtFundraiser Control Of FundsFundraiserControlOfFundsIndGross ReceiptsGrossReceiptsAmtRetained By ContractorRetainedByContractorAmtNet To OrganizationNetToOrganizationAmt
BENTZ WHALEY FLESSNER INC
7251OHMS LANEMINNEAPOLISMN55439CAMPAIGN FEASABILITYfalse$0$19,090-$19,090
BRAKELEY BRISCOE
322 W BELLEVUE AVESAN MATEOCA94402CAMPAIGN CONSULTANTfalse$0$66,726-$66,726
USEED
1898 E CARMEN STTEMPEAZ85283CROWDSOURCE CONSULTANTfalse$0$7,459-$7,459
FieldValueIRS element (for citing)
Total Gross Receipts$0TotalGrossReceiptsAmt
Total Retained By Contractors$93,275TotalRetainedByContractorsAmt
Total Net To Organization-$93,275TotalNetToOrganizationAmt
Licensed StatesAKLicensedStatesCd
Licensed StatesAZLicensedStatesCd
Licensed StatesCOLicensedStatesCd
Licensed StatesFLLicensedStatesCd
Licensed StatesMELicensedStatesCd
Licensed StatesMALicensedStatesCd
Licensed StatesMILicensedStatesCd
Licensed StatesNHLicensedStatesCd
Licensed StatesORLicensedStatesCd
Licensed StatesSCLicensedStatesCd
Licensed StatesWALicensedStatesCd
Licensed StatesWVLicensedStatesCd

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1TIGER OPEN GOLFEvent1Nm
Gross Receipts Event1$39,384GrossReceiptsEvent1Amt
Charitable Contri Event1$19,345CharitableContriEvent1Amt
Gross Revenue Event1$20,039GrossRevenueEvent1Amt
Cash Prizes Event1$0CashPrizesEvent1Amt
Non Cash Prizes Event1$229NonCashPrizesEvent1Amt
Rent Facility Costs Event1$7,920RentFacilityCostsEvent1Amt
Food And Beverage Event1$5,891FoodAndBeverageEvent1Amt
Entertainment Event1$0EntertainmentEvent1Amt
Other Direct Expenses Event1$5,245OtherDirectExpensesEvent1Amt
Event2RITZ DINNEREvent2Nm
Gross Receipts Event2$11,886GrossReceiptsEvent2Amt
Charitable Contri Event2$5,112CharitableContriEvent2Amt
Gross Revenue Event2$6,774GrossRevenueEvent2Amt
Cash Prizes Event2$0CashPrizesEvent2Amt
Non Cash Prizes Event2$0NonCashPrizesEvent2Amt
Rent Facility Costs Event2$2,430RentFacilityCostsEvent2Amt
Food And Beverage Event2$8,585FoodAndBeverageEvent2Amt
Entertainment Event2$300EntertainmentEvent2Amt
Other Direct Expenses Event2$4,306OtherDirectExpensesEvent2Amt
Other Events Total1OtherEventsTotalCnt
Gross Receipts Other Events$10,685GrossReceiptsOtherEventsAmt
Charitable Contri Other Events$6,865CharitableContriOtherEventsAmt
Gross Revenue Other Events$3,820GrossRevenueOtherEventsAmt
Cash Prizes Other Events$0CashPrizesOtherEventsAmt
Non Cash Prizes Other Events$0NonCashPrizesOtherEventsAmt
Rent Fclty Costs Other Events$0RentFcltyCostsOtherEventsAmt
Food And Beverage Other Events$0FoodAndBeverageOtherEventsAmt
Entertainment Other Events$0EntertainmentOtherEventsAmt
Oth Direct Expnss Other Events$0OthDirectExpnssOtherEventsAmt
Gross Receipts Total$61,955GrossReceiptsTotalAmt
Charitable Contributions Tot$31,322CharitableContributionsTotAmt
Gross Revenue Total Events$30,633GrossRevenueTotalEventsAmt
Cash Prizes Total Events$0CashPrizesTotalEventsAmt
Non Cash Prizes Total Events$229NonCashPrizesTotalEventsAmt
Rent Fclty Costs Total Events$10,350RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$14,476FoodAndBeverageTotalEventsAmt
Entertainment Total Events$300EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events$9,551OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$34,906DirectExpenseSummaryEventsAmt
Net Income Summary-$4,273NetIncomeSummaryAmt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule G, Part I, Line 2b Bentz, Whaley, Flessner, IncBentz, Whaley, Flessner, Inc was engaged to conduct a campaign feasibility study for the University. Amount paid (column v) includes professional fees, out-of-pocket expenses incurred in performing services which include travel costs, long-distance telephone charges, administrative support, research tools, photocopying, postage, etc.
Schedule G, Part I, Line 2b Brakeley BriscoeBrakeley Briscoe was engaged as a fundraising consultant with respect to a potential capital campaign. Amount paid (column v) includes consulting fees and direct expenses associated with the project that includes travel, meals, entertainment costs, express document delivery charges, telephone conferencing costs, and document printing, photocopying, and binding. Brakeley Briscoe has advised the University that it is a fundraising consultant, and not a fundraiser.
Schedule G, Part I, Line 2b USEEDUSEED is a crowdfunding service provider engaged by the University. Amount reported in column v represents consulting services provided with respect to crowdfunding initiatives.

Schedule I IRS990ScheduleI

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

Recipient Table RecipientTable (11 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtPurpose Of GrantPurposeOfGrantTxtAddress Line2USAddress/AddressLine2Txt
AMERICAN HEART ASSOCIATION
7272 GREENVILLE AVEDALLASTX75231135613797501C3$6,000GENERAL SUPPORT, EVENT SPONSORSHIP
CTR FOR THE DEVELOPMENT OF TEEN EMPOWERMENT INC
48 RUTLAND STBOSTONMA02118043091002501C3$5,400EVENT SPONSORSHIP
GREATER ROCHESTER ENTERPRISE INC
ONE HSBC PLAZAROCHESTERNY14604100000080501C3$50,000GENERAL SUPPORT100 CHESTNUT ST SUITE 1919
HENRIETTA FIRE DISTRICT
850 BAILEY RDW HENRIETTANY14586160974231STATE OF NY$35,000GENERAL SUPPORT
HIGH TECH ROCHESTER INC
159 LUCIUS GORDON DR SUITE 100W HENRIETTANY14586161195028501C3$35,000GENERAL SUPPORT, EVENT SPONSORSHIP
NATIONAL ASSOCIATION OF THE DEAF
8630 FENTON ST SUITE 820SILVER SPRINGMD20910941358295501C3$10,000CONFERENCE SPONSORSHIP
NEW YORK WINE & CULINARY CTR
800 S MAIN STCANANDAIGUANY14424201682175501C3$29,000GENERAL SUPPORT
NEWBAY MEDIA LLC
28 EAST 28TH ST 12TH FLOORNEW YORKNY10016010873862$12,000EVENT SPONSORSHIP
ROCHESTER GENERAL HOSPITAL
1425 PORTLAND AVEROCHESTERNY14621160743134501C3$6,000EVENT SPONSORSHIP
WORLD ASSOC FOR COOPERATIVE EDUCATION INC
WANNLANCIT BUSINESS CTRLOWELLMA08154043279172501C3$32,000GENERAL SUPPORT600 SUFFOLK
HENRIETTA VOLUNTEER AMBULANCE
280 CALKINS RDROCHESTERNY14623160813592501C3$5,500GENERAL SUPPORT
FieldValueIRS element (for citing)
Total501c3 Org10Total501c3OrgCnt
Total Other Org1TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (3 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntCash GrantCashGrantAmt
SCHOLARSHIP13100$163,889,120
GRADUATE RESEARCH ASSISTANCE344$4,708,690
FELLOWSHIPS29$278,510

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule I, Part I, Line 2 Description Of Procedure For Monitoring Use Of Grant FundsSCHOLARSHIPS, FELLOWSHIPS, AND OTHER STUDENT RELATED FINANCIAL AID MUST BE USED FOR EDUCATIONAL PURPOSES. SCHOLARSHIPS AND GRANTS ARE CREDITED DIRECTLY TO STUDENT ACCOUNTS THROUGH AN AUTOMATED SYSTEM AUTHORIZED BY THE UNIVERSITY'S OFFICE OF FINANCIAL AID AND SCHOLARSHIPS.
Schedule I, Part III NUMBER OF RECIPIENTSTHE UNIVERSITY ESTIMATES THE NUMBER OF RECIPIENTS FROM RECORDS MAINTAINED IN OUR FINANCIAL AID (SCHOLARSHIPS) AND ACCOUNTS PAYABLE SYSTEM (GRADUATE RESEARCH ASSISTANCE STIPENDS AND FELLOWSHIPS) WHICH HAVE BEEN CLASSIFIED BY THE TYPE OF ASSISTANCE.
Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds.SCHOLARSHIPS, FELLOWSHIPS, AND OTHER STUDENT RELATED FINANCIAL AID MUST BE USED FOR EDUCATIONAL PURPOSES. SCHOLARSHIPS AND GRANTS ARE CREDITED DIRECTLY TO STUDENT ACCOUNTS THROUGH AN AUTOMATED SYSTEM AUTHORIZED BY THE UNIVERSITY'S OFFICE OF FINANCIAL AID AND SCHOLARSHIPS.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Housing Allowance Or ResidenceYes (X)HousingAllowanceOrResidenceInd
Club Dues Or FeesYes (X)ClubDuesOrFeesInd
Written Policy Ref T And E ExpnssfalseWrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (true)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Independent ConsultantYes (X)IndependentConsultantInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Written Employment ContractYes (X)WrittenEmploymentContractInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanfalseSupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgfalseCompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgfalseCompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsfalseAnyNonFixedPaymentsInd
Initial Contract ExceptionfalseInitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (17 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
WILLIAM W DESTLER
PRESIDENT$800,330$0$49,278$0$9,259$0$23,400$0$68,871$0$951,138$0$0$0
GERARD BUCKLEY
PRESIDENT NTID, VP AND DEAN RIT$296,187$0$0$0$2,322$0$26,000$0$18,928$0$343,437$0$0$0
LISA A CAUDA
VP DEVELOPMENT AND ALUMNI RELATIONS$273,679$0$0$0$10,731$0$24,121$0$14,821$0$323,352$0$0$0
JEREMY A HAEFNER
PROVOST AND SVP ACADEMIC AFFAIRS$445,170$0$17,334$0$2,322$0$23,400$0$42,488$0$530,714$0$0$0
SANDRA S JOHNSON
SVP STUDENT AFFAIRS$154,817$0$0$0$2,943$0$13,950$0$1,023$0$172,733$0$0$0
KATHERINE J MAYBERRY
VP FOR STRATEGIC PLANNING AND SPECIAL INITIATIVES$221,501$0$0$0$10,480$0$22,681$0$15,772$0$270,434$0$0$0
KEVIN MCDONALD
VP AND ASSOC PROVOST FOR DIVERSITY AND INCLUSION$213,286$0$0$0-$4,254$0$19,998$0$28,176$0$257,206$0$0$0
JAMES G MILLER
SVP ENROLLMENT MGMT AND CAREER SVCS$333,721$0$6,803$0$11,360$0$26,000$0$16,152$0$394,036$0$0$0
DANIEL ORNT
VP AND DEAN OF INST OF HEALTH SCIENCES AND TECH$398,127$0$0$0$3,834$0$23,400$0$12,174$0$437,535$0$0$0
RYNE RAFFAELLE
VP FOR RESEARCH AND ASSOC PROVOST$262,051$0$0$0$1,342$0$26,000$0$54,914$0$344,307$0$0$0
DEBORAH M STENDARDI
VP GOVT AND COMMUNITY RELATIONS$236,661$0$0$0$7,449$0$24,628$0$20,511$0$289,249$0$0$0
JAMES H WATTERS
SVP FINANCE AND ADMINISTRATION$440,365$0$16,459$0$17,143$0$26,000$0$36,536$0$536,503$0$0$0
DONALD F FIGER
PROF AND DIR CENTER FOR DETECTORS$231,574$0$0$0$41,848$0$19,156$0$21,999$0$314,577$0$0$0
NABIL Z NASR
ASST PROVOST, DIR GOLISANO INST OF SUSTAINABILITY$397,381$0$0$0$3,564$0$26,000$0$21,289$0$448,234$0$0$0
DT OGILVIE
DISTINGUISHED PROFESSOR OF URBAN ENTREPRENEURSHIP$296,454$0$0$0$6,858$0$23,400$0$10,337$0$337,049$0$0$0
HARVEY PALMER
DEAN, KATE GLEASON COLLEGE OF ENGINEERING$257,241$0$0$0$9,358$0$26,000$0$18,335$0$310,934$0$0$0
ANDREW SEARS
DEAN, GOLISANO COLLEGE OF COMPUTING AND INFO SCIENCES$292,117$0$0$0$910$0$23,400$0$38,629$0$355,056$0$0$0

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule J, Part I, Line 3 METHODS USED TO ESTABLISH COMPENSATIONTHE UNIVERSITY UTILIZES EACH OF THE METHODS LISTED IN SCHEDULE J, PART I, LINE 3 ON AN ANNUAL BASIS WITH THE EXCEPTION OF REVIEWING FORM 990 OF OTHER ORGANIZATIONS EVERY OTHER YEAR. IN THE YEAR THAT 990 OF OTHER ORGANIZATIONS ARE NOT REVIEWED BY THE UNIVERSITY, A BROADER COMPENSATION SURVEY OR STUDY IS CONDUCTED.
Schedule J, Part I, Line 1a Housing allowance or residence for personal useDUE TO THE NUMBER OF UNIVERSITY-RELATED ACTIVITIES THAT THE PRESIDENT IS REQUIRED TO HOST, HE IS REQUIRED TO LIVE IN A HOME OWNED AND MAINTAINED BY THE UNIVERSITY. THIS BENEFIT IS NOT DEEMED TO BE TAXABLE COMPENSATION.
Schedule J, Part I, Line 1a Health or social club dues or initiation feesTHE UNIVERSITY PAYS SOCIAL CLUB INITIATION FEES AND DUES FOR EIGHT OFFICERS AND/OR HIGHLY COMPENSATED EMPLOYEES. THE PERSONAL USE PORTION OF THE BENEFIT IS TREATED AS TAXABLE COMPENSATION AND ADDED TO THE EMPLOYEES' FORM W-2.
Schedule J, Part I, Line 1b Written policy regarding payment or reimbursement of expensesEACH OF THE BENEFITS INDICATED IS AVAILABLE TO THE PRESIDENT; CERTAIN OF THESE BENEFITS ARE AVAILABLE TO SELECT OFFICERS. AMOUNTS CONSIDERED TAXABLE ARE REPORTED COMPENSATION INCLUDED ON THE EMPLOYEE'S FORM W-2. SINCE THESE BENEFITS ARE LIMITED TO VERY FEW INDIVIDUALS, A WRITTEN POLICY IS NOT CONSIDERED NECESSARY; HOWEVER, THE UNIVERSITY HAS SPECIFIC WRITTEN POLICIES PERTAINING TO TRAVEL EXPENDITURES AND PAYMENTS/REIMBURSEMENTS.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINCUSIPCUSIPNumBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
DASNY RIT SERIES 2002B
A14600029364983QH512006-05-04$15,719,523SEE SUPPLEMENTAL INFORMATIONYes (true)falsefalse
DASNY RIT SERIES 2006A
B14600029364983QF382006-05-04$61,706,239SEE SUPPLEMENTAL INFORMATIONfalsefalsefalse
DASNY RIT SERIES 2008A
C1460002936499034Y42008-11-13$84,352,284SEE SUPPLEMENTAL INFORMATIONYes (true)falsefalse
DASNY RIT SERIES 2010
D1460002936499054S22010-10-21$83,324,343SEE SUPPLEMENTAL INFORMATIONfalsefalsefalse

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)

Bond ReferenceBondReferenceCdRetiredRetiredAmtBond DefeasedBondDefeasedAmtTotal ProceedsTotalProceedsAmtIn Reserve FundInReserveFundAmtCapitalized InterestCapitalizedInterestAmtRefunding EscrowRefundingEscrowAmtIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtCredit EnhancementCreditEnhancementAmtWorking Capital ExpendituresWorkingCapitalExpendituresAmtCapital ExpendituresCapitalExpendituresAmtOther Spent ProceedsOtherSpentProceedsAmtUnspentUnspentAmtSubstantial CompletionSubstantialCompletionYrCurrent RefundingCurrentRefundingIndAdvance RefundingAdvanceRefundingIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintInd
A$3,705,000$10,850,000$15,720,929$0$0$0$141,121$5,000$9,808$0$15,565,000$02004Yes (true)falseYes (true)Yes (true)
B$22,020,000$0$61,710,620$0$0$0$457,585$470,127$15,809$0$60,767,099$02000falseYes (true)Yes (true)Yes (true)
C$6,400,000$76,100,000$85,041,578$0$0$0$684,437$0$0$83,691,277$665,864$02010falsefalseYes (true)Yes (true)
D$3,360,000$0$83,421,727$0$0$0$559,987$0$0$38,134,885$44,726,855$02013falseYes (true)Yes (true)Yes (true)

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)

Bond ReferenceBondReferenceCdPrivate Bus Use By OthersPrivateBusUseByOthersPctPrivate Bus Concerning UBIPrivateBusConcerningUBIPctTotal Private Business UseTotalPrivateBusinessUsePctOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndEngage Bond Counsel ContractsEngageBondCounselContractsIndAny Research AgreementsAnyResearchAgreementsIndEngage Bond Counsel ResearchEngageBondCounselResearchIndBond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestIndChange In Use Bond Financed PropChangeInUseBondFinancedPropIndProcs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A0.00.00.0
B0.00.00.0
C0.00240.00020.0026falseYes (true)Yes (true)falseYes (true)falsefalsefalseYes (true)
D0.0180.00.018falseYes (true)Yes (true)falseYes (true)falsefalsefalseYes (true)

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
AfalsefalsefalseYes (true)falsefalsefalsefalseYes (true)
BfalsefalsefalseYes (true)falsefalsefalsefalseYes (true)
CfalsefalsefalseYes (true)falsefalsefalsefalseYes (true)
DfalseYes (true)falsefalsefalsefalsefalsefalseYes (true)

Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)

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

Supplemental Information Detail SupplementalInformationDetail (21 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule K, Part II, Line 11 LINE 11A, SERIES 2012OTHER SPENT PROCEEDS, INCLUDES $75,000 FOR ISSUER/DASNY FEES.
Schedule K, Part I, Column (f) ISSUER NAME - DASNY, RIT SERIES 2010LINE D (F): THE 2010 PROJECT CONSISTS OF THE CONSTRUCTION OF A NEW ACADEMIC BUILDING, THE CONSTRUCTION OF A GREEN DATA CENTER, THE EXPANSION OF ATHLETIC FACILITIES, VARIOUS OTHER CAMPUS-WIDE IMPROVEMENTS, AND THE ADVANCE REFUNDING OF DASNY, RIT SERIES 2002A, DATED OCTOBER 31, 2002.
Schedule K, Part I, Column (f) ISSUER NAME - DASNY, RIT SERIES 2006ALINE B (f): THE SERIES 2006A (ADVANCE REFUNDING OF DASNY, RIT SERIES 1997, ISSUED JULY 15, 1997) - PROJECT CONSISTS OF CONSTRUCTION, RENOVATION AND IMPROVEMENTS TO VARIOUS RESIDENTIAL BUILDINGS AND APARTMENT COMPLEXES AND A FINANCIAL INFORMATION SYSTEM. PURSUANT TO CODE SECTION 150(C)(3)(ii), THE ISSUE REPORTED IN THE INFORMATION RETURN FOR TAX-EXEMPT PRIVATE ACTIVITY BOND ISSUES (FORM 8038) AND THE REISSUANCE OF THE SAME DATE OF THE ISSUER'S ROCHESTER INSTITUTE OF TECHNOLOGY INSURED REVENUE BONDS, SERIES 2002B. AS REPORTED IN A SEPARATE 8038 DATED MAY 4, 2006, ARE TREATED AS PARTS OF A SINGLE ISSUE FOR CERTAIN PURPOSES DESCRIBED IN A CODE SECTION 150(C)(3)(ii).
Schedule K, Part II, Line 7 LINE 7C, SERIES 2008AORIGINAL ISSUANCE COSTS FROM PROCEEDS OF $697,839 WERE ADJUSTED FOR $13,402 OF UNUSED PROCEEDS. THESE PROCEEDS ($13,402), TOGETHER WITH INVESTMENT PROCEEDS OF $689,295, ARE INCLUDED IN PART II, LINE 10C, CAPITAL EXPENDITURES FROM PROCEEDS.
Schedule K, Part II, Line 11 LINE 11B, SERIES 2006AOTHER SPENT PROCEEDS, INCLUDES $75,000 FOR ISSUER/DASNY FEES, $400,919 FOR STATE ISSUANCE FEES AND $60,291,180 OF PROCEEDS USED TO LEGALLY DEFEASE THE OUTSTANDING AGGREGATE PRINCIPAL AMOUNT OF SERIES 1997. THE REFUNDED BONDS WERE CALLED ON JULY 1, 2007.
Schedule K, Part II, Line 11 LINE 11D, SERIES 2010OTHER SPENT PROCEEDS, INCLUDES $75,000 FOR ISSUER/DASNY FEES, $650,450 FOR STATE ISSUANCE FEES, AND $44,001,405 OF PROCEEDS USED IN REFUNDING ESCROW FOR SERIES 2002A. THE REFUNDED BONDS WERE CALLED ON JULY 1, 2012.
Schedule K, Part II, Line 11 LINE 11A, SERIES 2002BOTHER SPENT PROCEEDS, INCLUDES $5,000 FOR ISSUER/DASNY FEES AND $15,560,000 OF PROCEEDS USED TO REDEEM SERIES 2002B, REOFFERED ON MAY 4, 2006. THE REOFFERED BONDS WERE CALLED ON MAY 4, 2006.
Schedule K, Part II, Line 3 LINES 3A, 3B, 3C, 3D; SERIES 2002B, 2006A, 2008A, 2010, RESPECTIVELYTOTAL PROCEEDS OF ISSUE, INCLUDES INVESTMENT PROCEEDS OF $1,406, $4,381, $689,295, AND $97,384, RESPECTIVELY.
Schedule K, Part I, Column (f) ISSUER NAME - DASNY, RIT SERIES 2002BLINE A (F): THE 2002B (FIXED RATE CONVERSION AND REOFFERING OF DASNY, RIT SERIES 2002B, ISSUED OCTOBFR 31, 2002; PARTIAL DEFEASANCE THROUGH THE DASNY, RIT SERIES 2012, DATED 12/12/12) - PROJECT CONSISTS OF THE RENOVATION AND IMPROVEMENT OF VARIOUS ACADEMIC AND ADMINISTRATIVE BUILDINGS AND CONSTRUCTION OF AN ATHLETIC FIELD HOUSE. PURSUANT TO CODE SECTION 150(C)(3)(ii), THE ISSUE REPORTED IN THE INFORMATION RETURN FOR TAX-EXEMPT PRIVATE ACTIVITY BOND ISSUES (FORM 8038) AND THE ISSUANCE OF THE SAME DATE OF THE ISSUER'S ROCHESTER INSTITUTE OF TECHNOLOGY INSURED REVENUE BONDS, SERIES 2006A, AS REPORTED IN A SEPARATE FORM 8038 DATED MAY 4, 2006, ARE TREATED AS PARTS OF A SINGLE ISSUE FOR CERTAIN PURPOSES DESCRIBED IN CODE SECTION 150(C)(3)(ii).
Schedule K, Part II, Line 3 LINE 3A, SERIES 2012ATOTAL PROCEEDS OF ISSUE, INCLUDE INVESTMENT PROCEEDS OF $111,166.
Schedule K, Part I, Column (f) ISSUER NAME - DASNY, RIT SERIES 2012ALINE A (F): THE 2012 PROJECT CONSISTS OF THE CONSTRUCTION OF AN ICE ARENA, RENOVATIONS AND IMPROVEMENTS TO THE INSTITUTE OF HEALTH SCIENCE AND TECHNOLOGY, RENOVATIONS OF LABS, ACQUISITION OF UNIVERSITY COMMONS II, AND PARTIAL REFUNDING OF THE SERIES 2002B AND 2008A.
Schedule K, Part II, Line 7 LINE 7A, SERIES 2012ORIGINAL ISSUANCE COSTS FROM PROCEEDS OF $832,806 WERE ADJUSTED FOR $22,052 OF ADDITIONAL PROCEEDS. THESE PROCEEDS, ($22,052), TOGETHER WITH INVESTMENT PROCEEDS OF $111,166, ARE INCLUDED IN PART II, LINE 10A, CAPITAL EXPENDITURES FROM PROCEEDS.
Schedule K, Part II, Line 7 LINE 7B, SERIES 2006AORIGINAL ISSUANCE COSTS FROM PROCEEDS OF $469,013 WERE ADJUSTED FOR $11,428 OF UNUSED PROCEEDS. THESE PROCEEDS ($11,428), TOGETHER WITH INVESTMENT PROCEEDS OF $4,381, ARE INCLUDED IN PART II, LINE 9B, WORKING CAPITAL EXPENDITURES FROM PROCEEDS.
Schedule K, Part I, Column (f) ISSUER NAME - DASNY, RIT SERIES 2008ALINE C (f): THE 2008A (PARTIAL DEFEASANCE THROUGH THE DASNY, RIT SERIES 2012, DATED 12/12/12) - PROJECT CONSISTS OF CONSTRUCTION OF A MIXED-USE HOUSING COMPLEX; THE RENEWAL, REPLACEMENT AND EXPANSION OF EXISTING HEATING AND COOLING INFRASTRUCTURE AND ENERGY MANAGEMENT SYSTEMS; AND THE RENOVATION OF ACADEMIC AND ADMINISTRATIVE BUILDINGS ON THE MAIN CAMPUS.
Schedule K, Part II, Line 9 LINE 9A, SERIES 2002B; LINE 9B, SERIES 2006AWORKING CAPITAL EXPENDITURES FROM PROCEEDS REPRESENT UNUSED ORIGINAL ISSUANCE PROCEEDS OF $8,402 AND INVESTMENT PROCEEDS OF $1,406 FOR THE SERIES 2002B AND UNUSED ORIGINAL ISSUANCE PROCEEDS OF $11,428 AND INVESTMENT PROCEEDS OF $4,381 FOR THE SERIES 2006A. THE INVESTMENT PROCEEDS ARE INCLUDED IN PART II, LINE 3A (SERIES 2002B) AND B (SERIES 2006A), TOTAL PROCEEDS OF ISSUE, RESPECTIVELY.
Schedule K, Part II, Line 7 LINE 7A, SERIES 2002BORIGINAL ISSUANCE COSTS FROM PROCEEDS OF $149,523 WERE ADJUSTED FOR $8,402 OF UNUSED PROCEEDS. THESE PROCEEDS ($8,402), TOGETHER WITH INVESTMENT PROCEEDS OF $1,406, ARE INCLUDED IN PART II, LINE 9A, WORKING CAPITAL EXPENDITURES FROM PROCEEDS.
Schedule K, Part II, Line 7 LINE 7D, SERIES 2010ORIGINAL ISSUANCE COSTS FROM PROCEEDS OF $597,487 WERE ADJUSTED FOR $37,500 OF UNUSED PROCEEDS. THESE PROCEEDS ($37,500), TOGETHER WITH INVESTMENT PROCEEDS OF $97,384, ARE INCLUDED IN PART II, LINE 10D, CAPITAL EXPENDITURES FROM PROCEEDS.
Schedule K, Part II, Line 11 LINE 11C, SERIES 2008AOTHER SPENT PROCEEDS, INCLUDES $75,000 FOR ISSUER/DASNY FEES AND $590,864 FOR STATE ISSUANCE FEES.
Schedule K, Part IV, Line 2c Rebate CalculationIssuer name: DASNY, RIT SERIES 2002B The calculation for computing no rebate due was performed on 12/31/2010
Schedule K, Part IV, Line 2c Rebate CalculationIssuer name: DASNY, RIT SERIES 2006A The calculation for computing no rebate due was performed on 12/31/2010
Schedule K, Part IV, Line 2c Rebate CalculationIssuer name: DASNY, RIT SERIES 2008A The calculation for computing no rebate due was performed on 12/31/2012

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd

Issuer Name IssuerName

FieldValueIRS element (for citing)
Business Name Line1DASNY RIT SERIES 2012ABusinessNameLine1Txt
FieldValueIRS element (for citing)
Bond Issuer EIN146000293BondIssuerEIN
CUSIP649907HM7CUSIPNum
Bond Issued2012-12-12BondIssuedDt
Issue Price$168,217,368IssuePriceAmt
PurposeSEE SUPPLEMENTAL INFORMATIONPurposeDesc
DefeasedfalseDefeasedInd
On Behalf Of IssuerfalseOnBehalfOfIssuerInd
Pool FinancingfalsePoolFinancingInd

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Retired$490,000RetiredAmt
Bond Defeased$0BondDefeasedAmt
Total Proceeds$168,328,534TotalProceedsAmt
In Reserve Fund$0InReserveFundAmt
Capitalized Interest$2,881,587CapitalizedInterestAmt
Refunding Escrow$109,309,562RefundingEscrowAmt
Issuance Costs From Proceeds$854,858IssuanceCostsFromProceedsAmt
Credit Enhancement$0CreditEnhancementAmt
Working Capital Expenditures$0WorkingCapitalExpendituresAmt
Capital Expenditures$58,089,438CapitalExpendituresAmt
Other Spent Proceeds$75,000OtherSpentProceedsAmt
Unspent$0UnspentAmt
Substantial Completion2015SubstantialCompletionYr
Current RefundingfalseCurrentRefundingInd
Advance RefundingYes (true)AdvanceRefundingInd
Final Allocation MadeYes (true)FinalAllocationMadeInd
Adequate Books And Rec MaintYes (true)AdequateBooksAndRecMaintInd

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Owning Bond Financed PropertyfalseOwningBondFinancedPropertyInd
Any Lease ArrangementsYes (true)AnyLeaseArrangementsInd
Mgmt Contract Bond Fincd PropYes (true)MgmtContractBondFincdPropInd
Engage Bond Counsel ContractsfalseEngageBondCounselContractsInd
Any Research AgreementsYes (true)AnyResearchAgreementsInd
Engage Bond Counsel ResearchfalseEngageBondCounselResearchInd
Private Bus Use By Others0.035PrivateBusUseByOthersPct
Private Bus Concerning UBI0.0001PrivateBusConcerningUBIPct
Total Private Business Use0.0351TotalPrivateBusinessUsePct
Bond Iss Meet Prvt Sec Pymt TestfalseBondIssMeetPrvtSecPymtTestInd
Change In Use Bond Financed PropfalseChangeInUseBondFinancedPropInd
Procs Nonqualified Bond RemdtdYes (true)ProcsNonqualifiedBondRemdtdInd

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Form8038 T FiledfalseForm8038TFiledInd
Rebate Not Due YetYes (true)RebateNotDueYetInd
Exception To RebatefalseExceptionToRebateInd
No Rebate DuefalseNoRebateDueInd
Variable Rate IssuefalseVariableRateIssueInd
Hedge Identified In Bks And RecfalseHedgeIdentifiedInBksAndRecInd
Gross Proceeds Invested In GICfalseGrossProceedsInvestedInGICInd
Gross Proceeds InvestedfalseGrossProceedsInvestedInd
Written Proc To Monitor ReqsYes (true)WrittenProcToMonitorReqsInd

Procedures Corrective Action ProceduresCorrectiveActionGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Procedures Corrective ActionYes (true)ProceduresCorrectiveActionInd

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (4 entries)

Relationship DescriptionRelationshipDescriptionTxtTransactionTransactionAmtTransactionTransactionDescSharing Of RevenuesSharingOfRevenuesInd
THE PIKE COMPANY
TRUSTEE, THOMAS JUDSON, CHAIRMAN AND CEO OF PIKE CO, WITH HIS FAMILY OWN > 35% OF THE COMPANY.$1,021,461PIKE PROVIDED CONSTRUCTION SERVICES TO RIT; RIT PROVIDED TRAINING TO PIKE EMPLOYEES.false
DATTO INC
TRUSTEE, AUSTIN MCCHORD, IS FOUNDER, CEO, AND OWNER OF >35% OF THE STOCK OF DATTO, INC.$194,989DATTO PROVIDED IT SERVICES TO RIT; RIT RENTED REAL ESTATE TO DATTO.false
DEVON WATTERS
FAMILY MEMBER OF OFFICER$12,806PAYMENT OF COMPENSATIONfalse
ELLEN RAFFAELLE
FAMILY MEMBER OF OFFICER$11,101PAYMENT OF COMPENSATIONfalse

Schedule M IRS990ScheduleM

Works Of Art WorksOfArtGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution9ContributionCnt
Noncash Contributions Rpt F990$555,934NoncashContributionsRptF990Amt
Method Of Determining RevenuesMarket valueMethodOfDeterminingRevenuesTxt

Books And Publications BooksAndPublicationsGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Noncash Contributions Rpt F990$9,198NoncashContributionsRptF990Amt
Method Of Determining RevenuesMarket valueMethodOfDeterminingRevenuesTxt

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution36ContributionCnt
Noncash Contributions Rpt F990$2,749,885NoncashContributionsRptF990Amt
Method Of Determining RevenuesMarket valueMethodOfDeterminingRevenuesTxt

Real Estate Commercial RealEstateCommercialGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution1ContributionCnt
Noncash Contributions Rpt F990$8,200NoncashContributionsRptF990Amt
Method Of Determining RevenuesMarket valueMethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp (4 entries)

Non Cash CheckboxNonCashCheckboxIndDescDescContributionContributionCntNoncash Contributions Rpt F990NoncashContributionsRptF990AmtMethod Of Determining RevenuesMethodOfDeterminingRevenuesTxt
Yes (X)Equipment42$2,896,059Market value
Yes (X)Software6$1,506,650Market value
Yes (X)Consumables16$453,065Market value
Yes (X)Other22$122,318Market value
FieldValueIRS element (for citing)
Form8283 Received1Form8283ReceivedCnt
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (true)ReviewProcessUnusualNCGiftsInd
Third Parties UsedYes (true)ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule M, Part I Lines 1-28, Column BThe University is reporting the number of contributions received.
Schedule M, Part I, Line 32b Third parties used to solicit, process, or sell noncash contributionsThe University will, on occasion, contract with a third party for the purpose of disposing of contributed assets that it does not have further use for and which are of a specialized nature.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (10 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Line 2 Family/business relationships amongst interested personsANN L BURR, SUSAN R HOLLIDAY, RICHARD A KAPLAN, SANDRA A PARKER, HARRY P TRUEHEART III, CHRISTINE B WHITMAN AND RONALD L ZARRELLA ARE RIT TRUSTEES. WILLIAM W DESTLER AND JAMES H WATTERS ARE OFFICERS. - Business relationship, COMPLEMAR PARTNERS INC: SUSAN R HOLLIDAY (DIRECTOR) AND CHRISTINE B WHITMAN (CHAIR AND CEO). - Business relationship, FRONTIER COMMUNICATIONS: ANN L BURR (CHAIRMAN, SR VICE PRESIDENT CUSTOMER EXPERIENCE), SANDRA A PARKER (DIRECTOR, FRONTIER COMMUNICATIONS), AND HARRY P TRUEHEART III (DIRECTOR OF FRONTIER TELEPHONE OF ROCHESTER, A SUBSIDIARY). - Business relationship, TORVEC INC: WILLIAM W DESTLER (DIRECTOR) AND RICHARD A KAPLAN (CEO). - Business relationship, VNOMICS CORP: RICHARD A KAPLAN (DIRECTOR), JAMES H WATTERS (DIRECTOR), AND RONALD L ZARRELLA (CHAIR). - Business relationship
Form 990, Part VI, Line 11b Review of form 990 by governing bodyPRIOR TO FILING THE RETURN, THE PREPARED RIT FORM 990 WAS PROVIDED TO THE MEMBERS OF THE AUDIT COMMITTEE AND SUBSEQUENTLY PRESENTED FOR REVIEW AT A REGULARLY SCHEDULED AUDIT COMMITTEE MEETING. PRIOR TO FILING THE RETURN, IT WAS MADE AVAILABLE TO ALL MEMBERS OF THE BOARD OF TRUSTEES VIA A SECURED WEBSITE.
Form 990, Part VI, Line 12c Conflict of interest policyTHE UNIVERSITY'S CONFLICT OF INTEREST POLICY APPLIES TO ALL MEMBERS OF THE BOARD OF TRUSTEES. ALL TRUSTEES AND OFFICERS ARE REQUIRED TO DISCLOSE POTENTIAL CONFLICTS OF INTEREST AS SOON AS POSSIBLE. ADDITIONALLY, ON AN ANNUAL BASIS, THE SECRETARY OF THE UNIVERSITY DISTRIBUTES A CONFLICT OF INTEREST DISCLOSURE FORM TO ALL TRUSTEES AND OFFICERS SOLICITING DISCLOSURE OF ANY ACTUAL OR POTENTIAL CONFLICTS. FOLLOWING THE RECEIPT OF INFORMATION CONCERNING A CONTRACT OR TRANSACTION INVOLVING A POTENTIAL CONFLICT OF INTEREST, THE SECRETARY OF THE UNIVERSITY WILL ARRANGE FOR THE CONFLICT OF INTEREST SUBCOMMITTEE TO CONSIDER THE MATERIAL FACTS CONCERNING THE FAIRNESS AND BUSINESS CASE OF THE PROPOSED CONTRACT OR TRANSACTION. THE COMMITTEE SHALL APPROVE ONLY THOSE CONTRACTS OR TRANSACTIONS IN WHICH THE TERMS ARE FAIR AND REASONABLE TO THE UNIVERSITY AND THE ARRANGEMENTS ARE CONSISTENT WITH THE BEST INTERESTS OF THE UNIVERSITY. IN ANY EVENT, SUCH MEMBERS WILL NEITHER VOTE, NOR DISCHARGE HIS/HER DUTIES WITH RESPECT TO ANY MATTER CONCERNING A CONFLICT. THE COMMITTEE SHALL SET FORTH THE BASIS FOR ITS DECISION WITH RESPECT TO APPROVAL OF CONTRACTS OR TRANSACTIONS INVOLVING CONFLICTS OF INTEREST IN THE MINUTES OF THE MEETING AT WHICH THE DECISION IS MADE, INCLUDING THE BASIS FOR DETERMINING THAT THE CONSIDERATION TO BE PAID IS FAIR TO THE UNIVERSITY. THE CONFLICT OF INTEREST CONFLICT OF COMMITMENT (ICIC) POLICY REQUIRES ALL REGULAR RIT FACULTY AND STAFF TO DISCLOSE POTENTIAL, REAL, OR PERCEIVED CONFLICTS OF INTEREST OR COMMITMENT ANNUALLY TO THEIR IMMEDIATE SUPERVISOR. ADDITIONALLY, THE ICIC POLICY REQUIRES THAT EMPLOYEES SUBMIT AN ANNUAL DISCLOSURE AND/OR A DISCLOSURE WHEN CIRCUMSTANCES CHANGE THAT MAY CREATE A POTENTIAL, REAL, OR PERCEIVED CONFLICT.
Form 990, Part VI, Line 15a Process to establish compensation of top management officialTHE EXECUTIVE COMPENSATION SUBCOMMITTEE SHALL DECIDE UPON MATTERS OF EXECUTIVE SALARY AND BENEFITS, AND ANNUALLY SHALL REVIEW THE COMPENSATION OF THE OFFICERS OF THE UNIVERSITY, MAKING A RECOMMENDATION CONCERNING THE SAME TO THE EXECUTIVE COMMITTEE FOR ITS FINAL APPROVAL. THE PRESIDENT ANNUALLY WILL MEET WITH THE EXECUTIVE COMPENSATION SUBCOMMITTEE AND PROVIDE IT WITH AN EVALUATION OF THE OFFICERS OF THE UNIVERSITY OTHER THAN THE PRESIDENT, AND A PROPOSAL FOR THEIR COMPENSATION. THE CHAIR OF THE BOARD OF TRUSTEES ANNUALLY WILL MEET WITH THE EXECUTIVE COMPENSATION SUBCOMMITTEE AND PROVIDE IT WITH AN EVALUATION OF THE PRESIDENT AND A PROPOSAL FOR THE PRESIDENT'S COMPENSATION. BIENNIALLY THE EXECUTIVE COMPENSATION SUBCOMMITTEE UTILIZES VARIOUS TOOLS TO REVIEW THE COMPENSATION FOR THE OFFICERS: INDEPENDENT CONSULTANT AND COMPENSATION SURVEY BASED ON A SALARY ANALYSIS OF COMPARABLE POSITIONS IN LIKE CIRCUMSTANCES.
Form 990, Part VI, Line 15b Process to establish compensation of other employeesTHE EXECUTIVE COMPENSATION SUBCOMMITTEE REVIEWS THE PROPOSED SALARIES OF THE FOLLOWING POSITIONS: PRESIDENT; PROVOST AND SVP ACADEMIC AFFAIRS; SVP FINANCE AND ADMINISTRATION; SVP ENROLLMENT MANAGEMENT AND CAREER SERVICES; VP FOR RESEARCH AND ASSOC PROVOST; VP DEVELOPMENT AND ALUMNI RELATIONS; SVP STUDENT AFFAIRS; PRESIDENT NTID, VP AND DEAN RIT; VP FOR STRATEGIC PLANNING AND SPECIAL INITIATIVES; VP GOVERNMENT AND COMMUNITY RELATIONS; VP DEAN INSTITUTE HEALTH SCIENCES AND TECHNOLOGY; AND VP AND ASSOC PROVOST FOR DIVERSITY AND INCLUSION. THE EXECUTIVE COMPENSATION SUBCOMMITTEE SHALL SET FORTH THE BASIS FOR ITS DECISIONS WITH RESPECT TO COMPENSATION IN THE MINUTES OF THE MEETING AT WHICH THE DECISIONS ARE MADE, INCLUDING THE PRIMARY CONCLUSIONS OF THE EVALUATION AND THE BASIS FOR DETERMINING THAT THE INDIVIDUAL'S COMPENSATION WAS REASONABLE IN LIGHT OF THE EVALUATION AND COMPARABILITY DATA. THE EXECUTIVE COMPENSATION SUBCOMMITTEE REPORTS ANNUALLY TO THE FINANCE COMMITTEE AND TO THE FULL BOARD CONCERNING THE EVALUATION OF OFFICERS AND THE ESTABLISHMENT OF THEIR COMPENSATION.
Form 990, Part VI, Line 19 Required documents available to the publicTHE FOLLOWING DOCUMENTS ARE AVAILABLE AT THE UNIVERSITY'S WEBSITE AT WWW.RIT.EDU: 1) LIST OF MEMBERS OF THE BOARD OF TRUSTEES; 2) CONSOLIDATED AUDITED FINANCIAL STATEMENTS; AND 3) UNIVERSITY POLICY AND PROCEDURES MANUAL. ADDITIONALLY, THESE DOCUMENTS ARE AVAILABLE UPON REQUEST.
Form 990, Part VIII, Line 2f Other Program Service RevenueOTHER - Total Revenue: 7237004, Related or Exempt Function Revenue: 6818399, Unrelated Business Revenue: 223217, Revenue Excluded from Tax Under Sections 512, 513, or 514: 195388;
Form 990, Part VIII, Line 11d Other Miscellaneous RevenueOTHER - Total Revenue: 3751028, Related or Exempt Function Revenue: 1671884, Unrelated Business Revenue: 1148344, Revenue Excluded from Tax Under Sections 512, 513, or 514: 930800;
Form 990, Part XI, Line 9 Other changes in net assets or fund balancesCONSOLIDATION OF VENTURE FUND I NET ASSETS - -192668;
FORM 990, PART XI, LINE 9 OTHER CHANGES IN NET ASSETS OR FUND BALANCESRIT VENTURE FUND I, A LIMITED LIABILITY COMPANY, BECAME A DISREGARDED ENTITY FOR RIT TAX REPORTING PURPOSES IN THE CURRENT YEAR AS A RESULT OF RIT'S BECOMING THE SOLE PARTNER IN THE FUND. FOLLOWING THIS EVENT, THE RESULTS OF RIT VENTURE FUND I HAVE BEEN CONSOLIDATED WITH THOSE OF RIT. OTHER CHANGES IN NET ASSETS REPRESENTS RIT VENTURE FUND I'S NET ASSETS AT THE TIME IT BECAME A DISREGARDED ENTITY.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdTotal IncomeTotalIncomeAmtEnd Of Year AssetsEndOfYearAssetsAmtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Txt
5257 W HENRIETTA ROAD LLC
5257 W HENRIETTA RDHENRIETTANY14586161609483OWN REAL PROPERTYNY$5,060,870$22,274,644ROCHESTER INSTITUTE OF TECHNOLOGY
MAGIC SPELL STUDIOS LLC
ONE LOMB MEMORIAL DRIVEROCHESTERNY14623464163650DIGITAL RESEARCH CENTERNY$31,273$12,530ROCHESTER INSTITUTE OF TECHNOLOGY
RIT VENTURE FUND I LLC (BEGINNING 12-18-2014 - SEE PART III)
5 LOMB MEMORIAL DRIVEROCHESTERNY14623INVESTMENTSDE$0$9,326ROCHESTER INSTITUTE OF TECHNOLOGY

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (3 entries)

Address Line1USAddress/AddressLine1TxtAddress Line2USAddress/AddressLine2TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationIndAddress Line1ForeignAddress/AddressLine1TxtCityForeignAddress/CityNmCountryForeignAddress/CountryCdLegal Domicile Foreign CountryLegalDomicileForeignCountryCd
RIT GLOBAL DELIVERY CORPORATION
5 LOMB MEMORIAL DRIVEEASTMAN-4000ROCHESTERNY14623201151703EDUCATIONAL PURPOSESNY501(c)(3Type IROCHESTER INSTITUTE OF TECHNOLOGYfalse
RIT CROATIA
EDUCATIONAL PURPOSES501(c)(32RIT GLOBAL DELIVERY CORPORATIONfalseDON FRANA BULIKA 6DUBROVNIKHRHR
RIT CAMPUS CLUB INC
39 LOMB MEMORIAL DRIVEROCHESTERNY14623161201526SUPPORT RITNY501(c)(3Type IROCHESTER INSTITUTE OF TECHNOLOGYfalse

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp

Related Organization Name RelatedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1RIT VENTURE FUND I LLC (ENDING 12-18-2014 - SEE PART I)BusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line15 LOMB MEMORIAL DRIVEAddressLine1Txt
CityROCHESTERCityNm
State AbbreviationNYStateAbbreviationCd
ZIP14623ZIPCd
FieldValueIRS element (for citing)
EIN455183880EIN
Primary ActivitiesINVESTMENTSPrimaryActivitiesTxt
Legal Domicile StateDELegalDomicileStateCd

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1ROCHESTER INSTITUTE OF TECHNOLOGYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Predominant Income TypeExcludedPredominantIncomeTypeTxt
Share Of Total Income$0ShareOfTotalIncomeAmt
Share Of EOY Assets$3,164ShareOfEOYAssetsAmt
Disproportionate AllocationsfalseDisproportionateAllocationsInd
General Or Managing PartnerfalseGeneralOrManagingPartnerInd
Ownership1OwnershipPct
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsYes (true)ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (true)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgfalseGiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgfalseRentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgYes (true)PerformOfServicesForOthOrgInd
Perform Of Services By Other OrgfalsePerformOfServicesByOtherOrgInd
Sharing Of FacilitiesfalseSharingOfFacilitiesInd
Paid Employees SharingfalsePaidEmployeesSharingInd
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrgInd
Transfer To Other OrgYes (true)TransferToOtherOrgInd
Transfer From Other OrgYes (true)TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (5 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmt
RIT CAMPUS CLUB INC
A$577,764
RIT CAMPUS CLUB INC
L$2,678,148
RIT GLOBAL DELIVERY CORPORATION
R$1,062,775
RIT VENTURE FUND I LLC
S$197,210
RIT CAMPUS CLUB INC
R$117,013

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule R, Part III RELATED ORGANIZATIONS TAXABLE AS A PARTNERSHIPFormAndLineReferenceDesc
ExplanationRIT VENTURE FUND I LLC WAS CREATED TO MAKE INVESTMENTS IN SEED, VENTURE, AND GROWTH-STAGE COMPANIES THAT INVOLVE RIT STUDENTS, FACULTY, TECHNOLOGIES, OR INCUBATORS OR SIMILAR FACILITIES GENERATED BY, CONNECTED WITH, OR SPUN-OUT FROM RIT. RIT VENTURE FUND I LLC BECAME A DISREGARDED ENTITY FOR RIT TAX REPORTING PURPOSES IN THE CURRENT YEAR AS A RESULT OF RIT'S BECOMING THE SOLE PARTNER IN THE FUND EFFECTIVE DECEMBER 18, 2014. FOLLOWING THIS EVENT, THE RESULTS OF RIT VENTURE FUND I LLC HAVE BEEN CONSOLIDATED WITH THOSE OF RIT.ExplanationTxt