Rensselaer Polytechnic Institute

Rensselaer Polytechnic Institute Overview

Rensselaer Polytechnic Institute is located in Troy, NY. The organization was established in 1941. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 06/2020, Rensselaer Polytechnic Institute employed 4,880 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 06/2020, Rensselaer Polytechnic Institute generated $653.0m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $619.3m during the year ending 06/2020. While expenses have increased by 3.6% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Rensselaer Polytechnic Institute has awarded 168 individual grants totaling $14,324,297. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

RENSSELAER EDUCATES THE LEADERS OF TOMORROW FOR TECHNOLOGICALLY BASED CAREERS. WE CELEBRATE DISCOVERY AND THE RESPONSIBLE APPLICATION OF TECHNOLOGY TO CREATE KNOWLEDGE AND GLOBAL PROSPERITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

INSTRUCTIONNUMBER OF STUDENTS ENROLLED: UNDERGRADUATE 6,230 GRADUATE 1,366


SCHOLARSHIP & FELLOWSHIPNUMBER OF UNDERGRADUATE STUDENTS ON SCHOLARSHIP: 5,202NUMBER OF GRADUATE STUDENTS ON SCHOLARSHIPS/FELLOWSHIPS: 1,157


RESEARCHNUMBER OF ACTIVE RESEARCH PROJECTS: 638


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Rensselaer Polytechnic Institute Board, Officers & Key Employees

Name (title)Compensation
Shirley Ann Jackson
President
$1,847,271
Curtis N Powell
Vice President
$536,670
Prabhat Hajela
Provost
$534,901
Graig Eastin
Vice President
$486,266
Barbara Hough
Vice President
$474,158
John E Kolb
Vice President
$462,677

Rensselaer Polytechnic Institute Vendors

Vendor Name (Service)Compensation
Rc Housing 1 Llc
Rent
$1,563,250
Mt Ida Apartments Llc
Rent
$1,097,550
Murth Cullina Llp
Legal
$1,446,061
Pattison Sampson Ginsberg & Griffin
Legal
$748,215
Columbia Chasan Mt Llc
Rent
$626,003
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$1,029,279
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$29,074,898
Noncash contributions included in lines 1a–1f $1,062,645
Total Revenue from Contributions, Gifts, Grants & Similar$30,104,177
Total Program Service Revenue$599,010,631
Investment income $12,401,279
Tax Exempt Bond Proceeds $0
Royalties $930,346
Net Rental Income $415,769
Net Gain/Loss on Asset Sales $11,256,392
Net Income from Fundraising Events -$1,169,501
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $98,085
Miscellaneous Revenue$0
Total Revenue $653,047,178

Rensselaer Polytechnic Institute Grants Awarded

Over the last fiscal year, Rensselaer Polytechnic Institute has awarded $6,697,736 in support to 70 organizations.

Grant RecipientAmount

ICAHN SCHOOL OF MEDICINE AT M

Org PageRecipient Profile

New York, NY

PURPOSE: Research Subcontract

$513,998

ALBANY MEDICAL COLLEGE

Org PageRecipient Profile

Albany, NY

PURPOSE: Research Subcontract

$430,525

RESEARCH FOUNDATION OF SUNY

Org PageRecipient Profile

Albany, NY

PURPOSE: Research Subcontract

$336,293

UNIVERSITY OF SOUTH CAROLINA

PURPOSE: Research Subcontract

$275,504

UNIVERSITY OF NEW MEXICO

PURPOSE: Research Subcontract

$267,562

THE BRIGHAM & WOMENS HOSPITA

Org PageRecipient Profile

Somerville, MA

PURPOSE: Research Subcontract

$250,002
View Grant Profile

Rensselaer Polytechnic Institute Grants Recieved

Over the last fiscal year, we have identified 35 grants that Rensselaer Polytechnic Institute has recieved totaling $842,722.

Awarding OrganizationAmount
Paul Beer Trust Under Will

Las Vegas, NV

PURPOSE: GENERAL SUPPORT GRANT

$357,533
Isermann Family Foundation

Morristown, NJ

PURPOSE: CAPITAL CAMPAIGN

$100,000
Isermann Family Foundation

Morristown, NJ

PURPOSE: CAPITAL CAMPAIGN

$100,000
Jim H Mcclung Lighting Research Foundation Inc

Atlanta, GA

PURPOSE: TO FUND RESEARCH PERTAINING TO INVESTIGATING RETINAL SENSITIVITY TO CIRCADIAN STIMULUS AS MEASURED BY ACUTE MELATONIN SUPPRESSION IN HUMANS. OBJECTIVE IS TO CHARACTERIZE THE RELATIVE SENSITIVITY OF SPECIFIC RETINAL REGIONS TO CIRCADIAN-EFFECTIVE LIGHT AND THEREBY EXPAND THE EXISTING CS MODEL 2 TO ENCOMPASS LIGHT'S SPATIAL CHARACTERISTICS; DOING SO WILL PROVIDE THE LIGHTING INDUSTRY WITH A CLEARER UNDERSTANDING OF THE LIGHTING QUALITIES THAT WILL BE MOST EFFECTIVE FOR PROMOTING CIRCADIAN ENTRAINMENT.

$50,000
Jim H Mcclung Lighting Research Foundation Inc

Atlanta, GA

PURPOSE: TO FUND RESEARCH PERTAINING TO INVESTIGATING RETINAL SENSITIVITY TO CIRCADIAN STIMULUS AS MEASURED BY ACUTE MELATONIN SUPPRESSION IN HUMANS. OBJECTIVE OF THIS RESEARCH IS TO CHARACTERIZE THE RELATIVE SENSITIVITY OF SPECIFIC RETINAL REGIONS TO CIRCADIAN-EFFECTIVE LIGHT AND THEREBY EXPAND THE EXISTING CS MODEL 2 TO ENCOMPASS LIGHT'S SPATIAL CHARACTERISTICS; DOING SO WILL PROVIDE THE LIGHTING INDUSTRY WITH A CLEARER UNDERSTANDING OF THE LIGHTING QUALITIES THAT WILL BE MOST EFFECTIVE FOR PROMOTING CIRCADIAN ENTRAINMENT.

$46,500
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$44,255
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$746,817,524
Earnings$17,889,537
Admin Expense-$1,460,000
Net Contributions$12,432,992
Other Expense-$2,909,750
Grants-$27,927,250
Ending Balance$744,843,053

Rensselaer Polytechnic Institute Peer Organizations

Organization NameAssets
Fordham University
Bronx, NY
$936,054,028
Rochester Institute Of Technology
Rochester, NY
$849,584,640
St Johns University New York
Jamaica, NY
$810,687,746
Rensselaer Polytechnic Institute
Troy, NY
$653,047,178
Villanova University
Villanova, PA
$644,725,997
The New School
New York, NY
$558,997,855
Hofstra University
Hempstead, NY
$592,927,157
Rockefeller University
New York, NY
$455,447,251
Lehigh University
Bethlehem, PA
$506,773,429
American University Of Beirut
New York, NY
$608,300,843
Brandeis University
Waltham, MA
$457,392,877
Seton Hall University
South Orange, NJ
$456,494,000

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