Rockefeller University
84% goes to programs $5 to raise $100 Strong reserves
Rockefeller University is a 501(c)(3) organization based in New York, New York, registered in 1938, with $458,410,394 in FY2024 revenue. CharityIndex grades it B+, and it directs about 84% of spending to programs.
1230 York Ave, New York, NY, 10065 EIN 13-1624158 Since 1938
Revenue (FY2024)
$458.4M
▼ 8.5% vs prior year
Education median: $200K
Expenses (FY2024)
$504.4M
Net assets
$2.6B
Employees
1,657
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
B+Program efficiency40% of the rating84% to programs · $5 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Rockefeller University: 84% to programs · $5 to raise $100 earns a B+ on this criterion. See the exact thresholds →
C+Financial health25% of the rating63 mo reserves · -10% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Rockefeller University: 63 mo reserves · -10% margin earns a C+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Rockefeller University: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Rockefeller University: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
A world-renowned center for research and graduate education.
What they do
Hospital - consists of 40 beds and serves as a clinical research center for outpatients and inpatients. the rockefeller university hospital exists solely to conduct clinical research. the specialized personnel and other resources available at the hospital facilitate clinical research for both the investigator and the research participant.
Library contains 648,432 volumes (of which 370,028 are on-line) and 8,383 on-line subscriptions and is maintained on an open stock policy. the library strives to advance knowledge by supporting our university's world class research community with technology, innovation, and collaboration in the field of science information and communication.
Auxiliary enterprises - housing on campus for single and married students; off campus housing for faculty and other university personnel; food service consists of cafeteria dining facilities; press includes journal and subscriptions.
Contact & location
- Address
- 1230 York Ave, New York, NY, 10065
- City
- New York
- State
- New York
- Category
- Education
- Subcategory
- Colleges & Universities
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $426.9M (FY2013) to $458.4M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $1.5BNet assets $2.6B
Operating margin
-10.0%
Spent more than it raised in the latest fiscal year.
Total assets
$4.1B
Total liabilities
$1.5B
Net assets
$2.6B
Salaries & benefits
$217.1M
43% of expenses
Board members
46
45 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $458,410,394▼8.5% | $504,447,980▼11.7% | $2,628,594,341▲3.4% | $4,127,223,897▲2.5% | 990 |
| 2023 | $501,030,765▼2.6% | $571,330,484▲9.6% | $2,541,223,256▼1.5% | $4,025,810,239▲1.7% | 990 |
| 2022 | $514,627,473▼3.9% | $521,221,549▼12.6% | $2,580,979,841▼5.3% | $3,956,769,216▼7.2% | 990 |
| 2021 | $535,346,959▲0.9% | $596,078,177▲1.9% | $2,726,049,295▼9.4% | $4,263,008,941▼5.9% | 990 |
| 2020 | $530,345,700▲16.4% | $585,011,703▲6.5% | $3,008,914,443▲22.2% | $4,529,661,441▲16.8% | 990 |
| 2019 | $455,447,251▼1.0% | $549,309,305▼5.6% | $2,462,061,556▼4.8% | $3,879,645,094▼0.6% | 990 |
| 2018 | $460,221,715▼7.3% | $582,124,924▲43.5% | $2,585,336,952▼6.0% | $3,904,497,928▼0.1% | 990 |
| 2017 | $496,427,301▲44.2% | $405,749,283▲0.7% | $2,750,567,369▲8.4% | $3,908,917,821▲6.4% | 990 |
| 2016 | $344,163,555▼7.7% | $402,753,451▲7.4% | $2,537,203,480▲7.3% | $3,672,198,954▲3.9% | 990 |
| 2015 | $372,788,161▼46.3% | $374,872,056▲1.7% | $2,365,008,163▼5.7% | $3,535,715,584▼2.2% | 990 |
| 2014 | $694,084,865▲62.6% | $368,601,760▲5.2% | $2,508,300,311▲10.9% | $3,614,623,413▲12.5% | 990 |
| 2013 | $426,890,178 | $350,429,792▲1.4% | $2,260,981,852▲9.9% | $3,214,164,130▲6.9% | 990 |
| 2012 | — | $345,466,842▲7.4% | $2,056,555,466▲8.4% | $3,007,659,283▲3.3% | 990 |
| 2011 | — | $321,730,813▲1.5% | $1,897,393,665▼8.1% | $2,910,477,154▼2.3% | 990 |
| 2010 | — | $316,944,003▲1.7% | $2,064,477,720▲9.8% | $2,980,030,530▲6.8% | 990 |
| 2009 | — | $311,754,257 | $1,880,280,946 | $2,791,046,695 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Paula Volent — $1,928,555 (0.38% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Paula Volent | Chief Investment Officer | 50 | $1,928,555 |
| Richard P Lifton Md Phd | President | 50 | $1,308,593 |
| Betty Y Chen - Managing | Director, Investments (thru 10/24) | 50 | $926,322 |
| Maren Imhoff | Svp, Development | 50 | $803,309 |
| Barry Coller | Vp & Physician-in-chief | 50 | $716,817 |
| Timothy O'connor | Executive Vice President | 50 | $706,920 |
| Michael Young | Vp, Academic Affairs (thru 8/31/23) | 50 | $660,410 |
| Deborah Yeoh | Vp & General Counsel | 50 | $659,343 |
| Charles M Rice | Professor, Head of Laboratory | 50 | $620,822 |
| Jeanne Farrell | Avp, Technology Transfer | 50 | $569,612 |
| Romayne L Botti | Vp, Finance & Treasurer | 50 | $567,271 |
| Timothy Stearns | Vp, Education Affairs | 50 | $566,933 |
| Nathaniel Heintz | Professor, Head of Laboratory | 50 | $545,389 |
| Titia De Lange | Professor, Head of Laboratory | 50 | $539,178 |
| Cornelia Bargmann | Vp, Academic Affairs | 50 | $526,652 |
| Virginia Huffman | Vp, Human Resources | 50 | $516,593 |
| Sidney Strickland | Vp, Education Affairs (thru 8/31/22) | 50 | $486,251 |
| Anthony Carvalloza - Chief | Information Officer (from 11/13/24) | 50 | $374,996 |
| Ashton Murray | Vp Univ. Life & Community Engagement | 50 | $366,775 |
| Kretina Cook | Asst. Vp, Finance | 50 | $319,204 |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Blank Rome LLP | Legal Services | $7,084,056 |
| Ropes & Gray LLP | Legal Services | $6,552,470 |
| Bright Horizons Children's Ctr LLC | Child Care / Schooling | $4,428,620 |
| Great Performances | Food Services | $3,398,932 |
| Sunshine Building Services | Cleaning Services | $1,635,273 |
Grants received · $168.8M total
311 grants to Rockefeller University totaling $168.8M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Silicon Valley Community Foundation | Education | 2024 | $3,475,382 |
| Entertainment Industry Foundation | General program | 2024 | $1,850,000 |
| Entertainment Industry Foundation | General program | 2024 | $1,850,000 |
| Jewish Communal Fund | In furtherance of grantee's tax-exempt purpose | 2024 | $315,000 |
| Chan Zuckerberg Biohub Inc | Scientific and medical research | 2024 | $217,471 |
| Susan G Komen Breast Cancer Foundation | Research | 2024 | $100,000 |
| The New York Community Trust | For research. | 2024 | $100,000 |
| New York Genome Center Inc | Research subaward | 2024 | $93,797 |
| Mayo Clinic | Support charitable programs | 2024 | $75,000 |
| Ayco Charitable Foundation | Education | 2024 | $61,000 |
| American Online Giving Foundation Inc | General support | 2024 | $32,703 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $30,000 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Education | 2024 | $30,000 |
| The New York Community Trust | For general support. | 2024 | $25,500 |
| The New York Community Trust | For research. | 2024 | $25,000 |
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Frequently asked questions
- Is Rockefeller University a legitimate nonprofit?
- Yes. Rockefeller University is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 13-1624158, based in New York, New York. Donations are tax-deductible.
- What is Rockefeller University's EIN?
- Rockefeller University's Employer Identification Number (EIN) is 13-1624158.
- How much revenue does Rockefeller University report?
- Rockefeller University reported $458,410,394 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Rockefeller University's spending goes to programs?
- Rockefeller University spends about 84% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Rockefeller University have?
- CharityIndex grades Rockefeller University B+, based on program efficiency and fundraising cost.
- How much does Rockefeller University's highest-paid employee make?
- The highest reported compensation on Rockefeller University's latest Form 990 is $1,928,555, paid to Paula Volent (Chief Investment Officer).
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Explore more
Data for Rockefeller University (EIN 13-1624158) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.