RESEARCH FOUNDATION FOR THE STATE UNIVERSITY OF NEW YORK

ALBANY, NY, 12201-0009 (518) 434-7050 Est. 1951 EIN 14-1368361

B114 - Education 990 - Public charity return 501(c)(3)

Mission

SEE SCHEDULE O

Total Revenue

$1,858,824,863

Total Expenses

$1,648,805,410

Net Assets

$1,200,994,479

15,627 employees 1,298 volunteers

From latest filing (tax period ending 2025-06-30)

Operating Reserve

8.7 months Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↑ 28.8%

Expenses ↑ 13.0%

Revenue Sources

Contributions 83.1% Earned revenue 11.2% Investment 3.1% Other 3.0%

Expense Breakdown

Program 82.9% Management 17.1%

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Year	Revenue	Expenses	Net Assets
2024 990 - Public charity return Jul 1, 2024 to Jun 30, 2025	$1,858,824,863 ↑	$1,648,805,410	$1,200,994,479
2023 990 - Public charity return Jul 1, 2023 to Jun 30, 2024	$1,443,536,073 ↑	$1,458,680,376	$897,540,354
2022 990 - Public charity return Jul 1, 2022 to Jun 30, 2023	$1,395,404,960 ↑	$1,357,481,624	$828,139,421
2020 990 - Public charity return Jul 1, 2020 to Jun 30, 2021	$1,300,675,243 ↓	$1,248,418,276	$665,403,873
2019 990 - Public charity return Jul 1, 2019 to Jun 30, 2020	$1,572,885,709 ↑	$1,150,879,117	$451,860,330
2017 990 - Public charity return Jul 1, 2017 to Jun 30, 2018	$1,193,614,653	$1,135,056,970	$59,330,536