Rosalind Franklin University Of Medicine & Science

Organization Overview

Rosalind Franklin University Of Medicine & Science is located in North Chicago, IL. The organization was established in 1945. According to its NTEE Classification (B50) the organization is classified as: Graduate & Professional Schools, under the broad grouping of Education and related organizations. As of 06/2021, Rosalind Franklin University Of Medicine & Science employed 1,477 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rosalind Franklin University Of Medicine & Science is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, Rosalind Franklin University Of Medicine & Science generated $130.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $123.3m during the year ending 06/2021. While expenses have increased by 1.9% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF ROSALIND FRANKLIN UNIVERSITY IS TO SERVE HUMANITY THROUGH THE INTERPROFESSIONAL EDUCATION OF HEALTH AND BIOMEDICAL PROFESSIONALS, AND THE DISCOVERY OF KNOWLEDGE DEDICATED TO IMPROVING WELLNESS.

Describe the Organization's Program Activity:

INSTRUCTION - THE PRIMARY PURPOSE OF THE UNIVERSITY IS TO EDUCATE AND TRAIN MEDICAL AND OTHER HEALTHCARE PROFESSION STUDENTS. IN 2020, RFUMS TRAINED OVER 2,000 STUDENTS.


RESEARCH - A CORE COMPONENT OF THE UNIVERSITY'S MISSION IS THE DISCOVERY OF KNOWLEDGE DEDICATED TO IMPROVING THE HEALTH OF THE NATION'S PEOPLE. IN ADDITION TO INSTRUCTION, MANY OF THE UNIVERSITY FACULTY ENGAGE IN UNIVERSITY-FUNDED AND EXTERNALLY FUNDED RESEARCH PROJECTS. PRIMARY AREAS OF RESEARCH FOCUS INCLUDE: BRAIN SCIENCES, GENETIC DISEASES, PROTEOMICS, AND CANCER CELL BIOLOGY, IMMUNOLOGY AND INFLAMMATION. EXTERNAL FUNDING COMES FROM THE NATIONAL INSTITUTES OF HEALTH AND ORGANIZATIONS SUCH AS THE AMERICAN CANCER SOCIETY, THE CYSTIC FIBROSIS FOUNDATION, AND THE FOREBATTEN FOUNDATION.


PATIENT CARE - THE UNIVERSITY UTILIZES EXISTING LABORATORY FACILITIES AND PERSONNEL TO PROCESS GENERAL LAB TESTS AND SPECIALIZED LAB TESTS FOR REPRODUCTIVE IMMUNOLOGY.


OTHER PROGRAM SERVICE REVENUES AND EXPENSES INCLUDE INTEREST ON STUDENT LOANS AND PENALTIES, STUDENT HOUSING REVENUE AND OTHER PROGRAM SERVICES.


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Trustee As Of 5.13.21
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Eab Global Inc
Student Recruitment Services
$579,701
Harvard Maintenance Inc
Janitorial Services
$951,125
Ssi (Us) Inc Dba Spencerstuart
Personnel Recruiting
$292,897
Ted Studios Inc
Marketing
$244,097
Woodlands On Green Bay Apartments
Student Housing Services
$1,401,990
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$28,850
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $11,179,736
All other contributions, gifts, grants, and similar amounts not included above$5,174,589
Noncash contributions included in lines 1a–1f $51,343
Total Revenue from Contributions, Gifts, Grants & Similar$16,383,175
Total Program Service Revenue$107,592,144
Investment income $793,177
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $119,260
Net Gain/Loss on Asset Sales $4,257,275
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $130,066,998

Grants Recieved

Over the last fiscal year, we have identified 13 grants that Rosalind Franklin University Of Medicine & Science has recieved totaling $1,021,264.

Awarding OrganizationAmount
Cystic Fibrosis Foundation

Bethesda, MD

PURPOSE: THERAPEUTICS DISCOVERY RESEARCH

$263,457
Fore Batten Foundation

Chapel Hill, NC

PURPOSE: TO FUND RESEARCH OF ADVANCING KNOWLEDGE AND CREATING KNOWLEDGE THAT CAN BE TRANSLATED INTO IMPROVING THE HEALTH OF THE POPULATION

$211,745
Cystic Fibrosis Foundation

Bethesda, MD

PURPOSE: RESEARCH

$139,994
Community Foundation Of The Fox River Valley

Aurora, IL

PURPOSE: BENEFIT GREATER AURO

$100,000
Zoll Foundation Inc

Chelmsford, MA

PURPOSE: AZIB SHAHIB, MD STUDY COVER RESEARCH ENTITLED "TRANSLATIONALLY RELEVANT SWINE MODEL OF LIPOPOLYSACCHARIDE-INDUCED SEPTIC SHOCK TO ASSESS A PERFUSION CENTERED APPROACH FOR THE MANAGEMENT OF SEPTIC SHOCK

$98,520
Cystic Fibrosis Foundation

Bethesda, MD

PURPOSE: RESEARCH STUDY

$65,450
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$78,895,738
Earnings$22,190,123
Net Contributions$4,663,636
Other Expense$4,990,615
Grants$449,836
Ending Balance$100,309,046

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