NonprofitsRochester Institute Of Technology

Education

Rochester Institute Of Technology

ROCHESTER, NY

Total revenue

$1.2B

Total expenses

$1.1B

Net assets

$2.1B

Grants received

$98.7M

837 grants

EIN

160743140

Tax year

2023

Mission

Rochester institute of technology (rit) shapes the future and improves the world through creativity and innovation. As an engaged, intellectually curious, and socially conscious community, rit leverages the power of technology, the arts, and design for the greater good.

Programs

2 programs

Student and Auxiliary Services - Student services provide students with additional enrichment and educational opportunities. Such services include student health, athletics, and other recreational activities. Auxiliaries provide essential services to students in support of RIT's educational mission. These services include housing operations and dining services. Sales and services of auxiliary enterprises generated total revenue of $104.8 million, an increase of approximately $9 million from the prior year. Surpluses from auxiliary services support the operating budget of the University.

Expenses: $164.4MGrants: $9.1M

Research 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.

Expenses: $95.3MGrants: $9.4M

Financials

FY 2023

Revenue

Contributions & grants$222.3M
Program service revenue$853.7M
Investment income$70.9M
Other revenue$9.0M
Total revenue$1.2B

Expenses

Grants paid$403.4M
Salaries & benefits$460.3M
Fundraising$13.4M
Other expenses$228.1M
Total expenses$1.1B
Total assets$2.8B
Net assets$2.1B

People

50 listed

NameRoleCompensation

DAVID C MUNSON

PRESIDENT

Board

$1.5M

40 hrs/wk

JAMES H WATTERS

SVP FINANCE AND ADMINISTRATION

Board

$661K

40 hrs/wk

PHILLIP D CASTLEBERRY

VP UNIVERSITY ADVANCEMENT

Board

$426K

40 hrs/wk

GERARD BUCKLEY

PRESIDENT NTID & VP AND DEAN RIT

Board

$384K

40 hrs/wk

RYNE RAFFAELLE

VP RESEARCH

Board

$376K

40 hrs/wk

SANDRA S JOHNSON

SVP STUDENT AFFAIRS

Board

$376K

40 hrs/wk

ROBERT COLON

VP & GENERAL COUNSEL

Board

$368K

40 hrs/wk

JOHN K TRIERWEILER

VP CHIEF MARKETING OFFICER

Board

$326K

40 hrs/wk

VANESSA J HERMAN

VP FOR GOVT & COMMUNITY RELATIONS

Board

$278K

40 hrs/wk

KEITH JENKINS

VP & ASSOC PROVOST FOR DIVERSITY & INCLUSION

Board

$268K

40 hrs/wk

LISA A CHASE

VP & SECRETARY OF THE UNIVERSITY

Board

$259K

40 hrs/wk

PRABU DAVID

PROVOST & SR VP FOR ACADEMIC AFFAIRS

Board

$227K

40 hrs/wk

KATHLEEN DAVIS

VP ENROLLMENT MGMT & ASSOC PROVOST

Board

$96K

40 hrs/wk

GERARD Q PIERCE

TRUSTEE

Board

0.1 hrs/wk

HYACINTH DRUMMOND

TRUSTEE

Board

0.1 hrs/wk

JAMES P SWIFT

TRUSTEE

Board

0.1 hrs/wk

JEFFREY BENCK

TRUSTEE

Board

0.1 hrs/wk

JONATHAN BUDINGTON

TRUSTEE

Board

0.1 hrs/wk

JORGE M RODRIGUEZ

TRUSTEE

Board

0.1 hrs/wk

KATHY M YU

TRUSTEE

Board

0.1 hrs/wk

KEVIN J SURACE

TRUSTEE

Board

0.1 hrs/wk

KIM E VANGELDER

TRUSTEE

Board

0.1 hrs/wk

MARK G BARBERIO

TRUSTEE

Board

0.1 hrs/wk

NICHOLAS M SCHNEIDER

TRUSTEE

Board

0.1 hrs/wk

Orlando Ortiz

TRUSTEE

Board

0.1 hrs/wk

PAMELA LLOYD-OGOKE

TRUSTEE

Board

0.1 hrs/wk

RICHARD DAVIS

TRUSTEE

Board

0.1 hrs/wk

RICK A KITTLES PHD

TRUSTEE

Board

0.1 hrs/wk

ROBERT W AUGUST

TRUSTEE

Board

0.1 hrs/wk

RONALD L ZARRELLA

TRUSTEE

Board

0.1 hrs/wk

RONALD S RICOTTA

TRUSTEE

Board

0.1 hrs/wk

SHARON D NAPIER

TRUSTEE

Board

0.1 hrs/wk

VICTORIA D DECKER

TRUSTEE

Board

0.1 hrs/wk

ROOSEVELT MERCER JR

TRUSTEE

Board

0.1 hrs/wk

JEFFREY K HARRIS

TRUSTEE

Board

0.1 hrs/wk

SUSAN M PUGLIA

TRUSTEE

Board

0.1 hrs/wk

SUSAN R HOLLIDAY

TRUSTEE

Board

0.1 hrs/wk

ANDREW N BRENNEMAN

TRUSTEE

Board

0.1 hrs/wk

ANDREW R JACOBSON

TRUSTEE

Board

0.1 hrs/wk

ARTHUR A GOSNELL

TRUSTEE

Board

0.1 hrs/wk

NABIL Z NASR

ASSOC PROVOST DIR GOLISANO INST OF SUSTAINABILITY

Staff

$651K

40 hrs/wk

JACQUELINE MOZRALL

DEAN SAUNDERS COLLEGE OF BUSINESS

Staff

$435K

40 hrs/wk

ERSIN UZUN

KATHERINE JOHNSON ENDOWED EXEC. DIR. GLOBAL CYBERSECURITY INSTITUTE

Staff

$406K

40 hrs/wk

DOREEN EDWARDS

DEAN COLLEGE OF ENGINEERING

Staff

$356K

40 hrs/wk

DONALD F FIGER

PROF AND DIR CENTER FOR DETECTORS

Staff

$330K

40 hrs/wk

ELLEN M GRANBERG

PROVOST AND SVP ACADEMIC AFFAIRS

Staff

$285K

40 hrs/wk

CHRISTINE M LICATA

VICE PROVOST FOR ACADEMIC AFFAIRS

Staff

$272K

40 hrs/wk

COLLEEN F PETERSON

ASSOCIATE VP ENROLLMENT MANAGEMENT

Staff

$222K

40 hrs/wk

DANIEL ORNT

PROFESSOR

Staff

$215K

40 hrs/wk

KAREN A BARROWS

CHIEF OF STAFF

Staff

$160K

40 hrs/wk

Independent contractors

LECHASE CONSTRUCTION SERVICES LLC

CONSTRUCTION SERVICES

$22.4M

CHRISTA CONSTRUCTION LLC

CONSTRUCTION SERVICES

$9.1M

DGA BUILDERS LLC

CONSTRUCTION SERVICES

$3.6M

HBT ARCHITECTS LLP

ARCHITECT SERVICES

$1.1M

MCCARTHY TENTS & EVENTS

RENTAL SERVICES

$723K

Grants received

Showing 200 of 837

FromAmountPurposeYear
$1.7M
MATERIALS SCIENCE RESEARCH, AND PERSONNEL
2024
$303K
AGENCY ALLOCATION
2024
$296K
WORKFORCE DEVELOPMENT AWARD
2024
$229K
EDUCATIONAL
2024
$222K
WORKFORCE DEVELOPMENT AWARD
2024
$175K
TO PROMOTE COLLEGE EDUCATIONAL ACTIVITIES
2024
$150K
To support the Center for Statesmanship, Law, and Liberty
2024
$125K
Funds for Dean Jacqueline Mozrall to use for special initiatives at Saunders College
2024
$100K
EDUCATION & SCHOLARSHIP PROGRAMS
2024
$87K
VACCINE DELIVERY
2024
$75K
General Operating Support
2024
$72K
INNOVATION AWARD
2024
$70K
TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
2024
$54K
TO PROVIDE SCHOLARSHIPS FOR STUDENTS
2024
$52K
Sub Awards
2024
$50K
CAPITAL CAMPAIGN-MOVEMENT LAB
2024
$45K
SCHOLARSHIPS AND SUPPORT
2024
$31K
SCHOLARSHIP GRANT
2024
$30K
Workplace Professionalism & Leader to Leader Program
2024
$30K
GLASS BOX RECEPTION AREA
2024
$25K
UNRESTRICTED GENERAL SUPPORT
2024
$25K
FURTHERANCE OF TAX EXEMPT PURPOSE.
2024
$25K
DEVELOPMENT OF VARIATIONAL METHODS FOR FERMIONIC SYSTEMS
2024
$24K
Educational
2024
$24K
Students Support
2024
$20K
UNRESTRICTED PROGRAM USE
2024
$20K
OPERATING SUPPORT
2024
$20K
Education
2024
$20K
General & Unrestricted
2024
$18K
SCHOLARSHIP DONATION
2024
$18K
SCHOLARSHIP
2024
$15K
SAUNDERS COLLEGE OF BUSINESS, RON KELLY SCHOLARSHIP FUND
2024
$10K
ENGINEERS OF COLOR CREATING OPPORTUNITIES
2024
$10K
STEM CAMP
2024
$10K
FOR A SCHOLARSHIP AWARD.
2024
$10K
PROGRAM SUPPORT
2024
$8K
SCHOLARSHIP
2024
$8K
SCHOLARSHIP
2024
$8K
To give assistance to libraries in the community.
2024
$7K
FIDELITY MATCHING GIFTS TO EDUCATION
2024
$7K
FIDELITY MATCHING GIFTS TO EDUCATION
2024
$6K
For equipment purchase
2024
$5K
ANNUAL FUND
2024
$5K
SCHOLARSHIPS
2024
$5K
Enhancing the Journal Rochester History
2024
$3K
Scholarships - E. Lu
2024
$3K
PAYMENT FOR EDUCATIONAL PURPOSES
2024
$3K
GENERAL CONTRIBUTION
2024
$3K
SCHOLARSHIP
2024
$3K
STUDENT SCHOLARSHIP AWARDS
2024
$2K
EDUCATION SCHOLARSHIP
2024
$2K
HIGHER EDUCATION
2024
$2K
CHARITABLE CONTRIBUTION
2024
$2K
SCHOLARSHIPS
2024
$1K
MATCHING GIFTS
2024
$1K
DOLLARS FOR DOERS
2024
$1K
DISCRETIONARY GRANT
2024
$1K
FIDELITY MATCHING GIFTS TO EDUCATION
2024
$1K
FIDELITY MATCHING GIFTS TO EDUCATION
2024
$600
GENERAL OPERATING PURPOSE
2024
$500
DONATIONS TO COLLEGES, UNIVERSITIES AND OTHER ORGANIZATIONS UNDER "MATCHING GIFTS PROGRAM."
2024
$500
SCHOLARSHIPS
2024
$300
MATCHING CONTRIBUTION (GENERAL OPERATING SUPPORT)
2024
$250
Unrestricted
2024
$200
FIDELITY MATCHING GIFTS TO EDUCATION
2024
$200
FIDELITY MATCHING GIFTS TO EDUCATION
2024
$103
GENERAL EXEMPT PURPOSE
2024
$100
TO FURTHER THE ORGANIZATION'S TAX EXEMPT PURPOSE
2024
$20
GENERAL SUPPORT
2024
$1M
CHARITABLE DONATION
2023
$732K
For grant recipient's exempt purposes
2023
$543K
CHARITABLE GIFT FUND
2023
$500K
QUALITY EDUCATION
2023
$416K
HUMAN SERVICES
2023
$343K
Research
2023
$328K
SUBAWARD
2023
$319K
SCIENTIFIC RESEARCH ON DATA FROM HUBBLE SPACE TELESCOPE
2023
$300K
TO DEVELOP SKILLS FRAMEWORKS AND COMPETENCY-BASED ASSESSMENTS FOR THREE MIDDLE-SKILL, MIDDLE-WAGE CAREER PATHWAYS.
2023
$300K
PROVIDING ALTERNATIVE PATHWAYS INTO WORK AND ECONOMIC MOBILITY
2023
$254K
TO PROVIDE CONTINUED SUPPORT FOR FACULTY OPEN SOURCE SOFTWARE NEEDS AND BUILD CAPACITY FOR EXTERNAL PARTNERSHIPS AT THE ROCHESTER INSTITUTE OF TECHNOLOGY OPEN SOURCE PROJECTS OFFICE
2023
$250K
SUB-AWARD
2023
$150K
To support the Center for Statesmanship, Law, and Liberty
2023
$150K
EMBEDDING EM INSTITUTIONALLY
2023
$141K
EDUCATIONAL
2023
$125K
SUPPORT HOSPITALITY WORKFORCE TRAINING FOR REFUGEES AND IMMIGRANTS
2023
$125K
RACIAL HEALTH EQUITY
2023
$116K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$105K
Emil Muller Scholars
2023
$100K
Medical Research
2023
$92K
GENERAL SUPPORT
2023
$87K
RESEARCH
2023
$76K
MULTI-SPECTRAL IMAGING TO HELP CONTROL BEET DISEASES AND ESTIMATE CROP YIELD.
2023
$75K
Saunders College General Fund and Saunders College building transformation fund
2023
$75K
CORE SUPPORT FOR THE MORPHEYES STUDIO PROJECT
2023
$75K
General Operating Support
2023
$70K
TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
2023
$65K
CHARITABLE PURPOSE
2023
$63K
ENGINEERING SCHOLARSHIP PROGRAM
2023
$63K
ENGINEERING SCHOLARSHIP PROGRAM
2023
$59K
RESEARCH AND DEVELOPMENT
2023
$55K
UNRESTRICTED GENERAL SUPPORT
2023
$50K
COMMUNITY OUTREACH & ENRICHMENT PROGRAMS
2023
$50K
ENTEGRIS SCHOLARSHIP
2023
$50K
TOWARD THE ALBERT PALEY ARCHIVE COLLECTION AT RIT
2023
$50K
HIGHER EDUCATION
2023
$50K
CAPITAL CAMPAIGN-MOVEMENT LAB
2023
$37K
SCHOLARSHIPS
2023
$37K
EDUCATION
2023
$36K
GENERAL DONATION
2023
$36K
TO ENHANCE ENVIRONMENTAL AND SOCIAL SUSTAINABILITY IN THE SKILLSET OF ENGINEERING AND ENGINEERING TECHNOLOGY UNDERGRADUATE AND GRADUATE STUDENTS IN MULTIPLE DEPARTMENTS AT RIT AND CALIFORNIA STATE UNIVERSITY, FRESNO USING THE ENGINEERING FOR ONE PLANET FRAMEWORK TO MODIFY COURSES AT THESE INSTITUTIONS.
2023
$35K
TO PROMOTE COLLEGE EDUCATIONAL ACTIVITIES
2023
$33K
SUMMER MATH APPLICATIONS IN SCIENCE WITH HANDS-ON EXPERIENCE FOR GIRLS (SMASH)
2023
$31K
INNOVATION AWARD
2023
$30K
Workplace Professionalism & Leader to Leader Program
2023
$30K
GLASS BOX RECEPTION AREA
2023
$28K
SUBAWARD - SPONSORED RESEARCH
2023
$25K
SCHOLARSHIPS & FINANCIAL AID
2023
$25K
LIFELONG LEARNING INSTITUTES
2023
$25K
EDUCATION
2023
$25K
Contribution - Accessible and Inclusive Faculty
2023
$24K
CHARITABLE DONATION
2023
$24K
DEVELOPMENT OF VARIATIONAL METHODS FOR FERMIONIC SYSTEMS
2023
$23K
EDUCATION/RESEARCH
2023
$21K
MATCHING GIFTS
2023
$20K
INTERNATIONAL STUDENT SUPPORT
2023
$20K
GENERAL SUPPORT
2023
$20K
EDUCATION & SCHOLARSHIP PROGRAMS
2023
$20K
OPERATING SUPPORT
2023
$20K
GENERAL SUPPORT
2023
$20K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$20K
TO PROVIDE SCHOLARSHIPS
2023
$19K
SCHOLARSHIP AWARDS
2023
$18K
To support the organization
2023
$17K
UNRESTRICTED FUNDS
2023
$16K
FURTHERANCE OF TAX EXEMPT PURPOSE.
2023
$16K
EDUCATIONAL INSTITUTIONS
2023
$16K
FURTHERANCE OF TAX EXEMPT PURPOSE.
2023
$15K
FCI 2023 SCOPING
2023
$15K
SCHOLARSHIPS
2023
$14K
FOR GENERAL SUPPORT
2023
$13K
SBA GRANT - SPOKE FOR RPEP PROGRAM
2023
$12K
SAUNDERS COLLEGE OF BUSINESS, RON KELLY SCHOLARSHIP FUND
2023
$12K
PROGRAM SUPPORT
2023
$10K
PROGRAM SUPPORT
2023
$10K
Engineers of Color Creating Opportunities (ECCO) at RIT
2023
$10K
SCHOLARSHIP
2023
$10K
Operating Support/Annual Fund
2023
$10K
ALUMNUS SCHOLARSHIP
2023
$10K
DONOR ADVISED FUND
2023

Funded by

$98.7M from 361 funders · 837 grants · 2016–2024

Fidelity Investments Charitable Gift Fund

$65.2M · 8 grants · 2017–2023

Sustainable Manufacturing Innovation

$1.7M · 1 grant · 2024

United Way Of Greater Rochester And

$1.6M · 7 grants · 2018–2024

Donor Advised Charitable Giving Inc

$1.5M · 7 grants · 2017–2023

American University In Kosovo Foundation

$1.4M · 2 grants · 2023–2024

American Online Giving Foundation Inc

$1.2M · 6 grants · 2019–2024

Cornell University

$1.2M · 7 grants · 2017–2023

Association Of Universities For Research

$1.1M · 7 grants · 2017–2023

Details

EIN160743140
NTEE codeB430
Subsection03
Ruling date1943-07
Formed1830
Employees11980
Volunteers4656