2024-10-29T06:57:19+00:00 2023-12-31 991856619 GRANT THORNTON ADVISORS LLC 757 THIRD AVENUE NEW YORK NY 100172013 990 2023-01-01 800412424 Research Foundation Post-Retirement Benefits Plan RESE 5184347050 PO Box 9 Albany NY 12201 RYAN FARRELL CFO 5184347050 2024-10-29 true DANIEL ROMANO P00504182 2125990100 2024-10-29 2023 2024-10-15 13:58:12Z DR MELUR RAMASUBRAMANIAN PO Box 9 Albany NY 12201 234395601 false X WWW.RFSUNY.ORG X 2009 NY TO PROVIDE POST-RETIREMENT BENEFITS TO ELIGIBLE PARTICIPANTS. 1 1 0 0 153642 19763 0 0 7615284 7718920 17313543 20513127 0 24928827 28232047 0 14711593 16663608 110086 45431 0 0 10107148 11523008 24928827 28232047 0 0 292932224 306654587 292932224 306654587 0 0 TO PROVIDE POST-RETIREMENT BENEFITS TO ELIGIBLE PARTICIPANTS. false false 0 0 0 THE FILING ORGANIZATION IS A VOLUNTARY EMPLOYEE BENEFIT ASSOCIATION (VEBA) TRUST, ESTABLISHED TO ACCOMPLISH THE FOLLOWING ACTIVITIES: THE PAYMENT OF HEALTH CARE AND DENTAL RELATED CLAIMS OF ELIGIBLE RETIREES OF THE RESEARCH FOUNDATION FOR THE STATE UNIVERSITY OF NEW YORK (EIN 14-1368361), MANAGEMENT OF THE INVESTMENT PORTFOLIO THAT HAS BEEN FUNDED TO PAY FOR CURRENT AND FUTURE CLAIMS OF THOSE RETIREES, RECEIPT AND PROCESSING OF CONTRIBUTIONS FROM THE RETIREES AS APPLICABLE, AND RECEIPT AND PROCESSING OF FUNDING FROM THE RESEARCH FOUNDATION FOR THE STATE UNIVERSITY OF NEW YORK. 0 false false false false false false false false false true false false true true false false false false true false false false false false false false false false false false false false false false false false false false false true false false true 0 0 0 true true false false false false false false false X 1 1 false false false false false true true true true false false true false false false false false false X RYAN FARRELL 5184347050 PO BOX 9 ALBANY NY 12201 BANK OF NEW YORK MELLON TRUSTEE 1.0 X 45431 0 0 45431 0 0 0 false false false PARTNER'S CAPITAL INVESTMENT GROUP LLC Federal Reserve Plaza 600 Atlantic Ave 30th fl BOSTON MA 02210 INVESTMENT CONSULTING 1757008 1 0 RESEARCH FOUNDATION EMPLOYER FUNDING 900099 5985670 5985670 RESEARCH FOUNDATION PARTICIPANT CONTRIBU 900099 1733250 1733250 0 0 0 0 7718920 1276842 153642 1123200 0 0 208057769 17342070 191546107 14617447 16511662 2724623 19236285 19236285 0 0 0 0 0 28232047 7718920 153642 20359485 0 0 0 16663608 45431 200733 1757008 0 POST-RETIREMENT BENEFITS EXPENSE 9565267 0 28232047 1784654 1930298 0 0 0 0 0 0 0 0 55264901 66071105 234710991 234713487 0 1171678 3939697 292932224 306654587 553282 382531 0 0 292378942 306272056 292932224 306654587 0 0 292932224 306654587 0 0 X false false false ABS. MULTISTRAT. RETURN FUND 30365117 F GLOBAL EQUITIES 110306477 F PRIVATE EQUITY FUNDS 94041893 F 234713487 LIABILITY FOR POST-RETIREMENT 306272056 306272056 X Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote THE TRUST ESTABLISHED FOR THE PLAN RECEIVED APPROVAL OF ITS TAX-EXEMPT STATUS ON JUNE 1, 2011 FROM THE INTERNAL REVENUE SERVICE. THE APPROVAL RECOGNIZES THE TAX EXEMPTION PURSUANT TO SECTION 501(C) (9) OF THE INTERNAL REVENUE CODE. THE EFFECTIVE DATE OF THE TAX EXEMPTION IS MAY 29, 2009. ALTHOUGH THE PLAN HAS SINCE BEEN AMENDED, THE PLAN SPONSOR BELIEVES THE PLAN IS CURRENTLY DESIGNED AND OPERATED IN COMPLIANCE WITH THE APPLICABLE REQUIREMENTS OF THE INTERNAL REVENUE SERVICE, AND AS SUCH IS EXEMPT FROM FEDERAL INCOME TAXES. Central America and the Caribbean 0 0 Investments 172970902 North America (Canada & Mexico only) 0 0 Investments 1348776 Europe (Including Iceland and Greenland) 0 0 Investments 7292889 0 0 0 0 0 0 181612567 0 181612567 true false true true true false Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements CENTRAL AMERICA AND THE CARIBBEAN-Other:NOT APPLICABLE -ONLY INVESTMENTS REPORTED.; EUROPE (INCLUDING ICELAND AND GREENLAND)-Other:NOT APPLICABLE -ONLY INVESTMENTS REPORTED.; NORTH AMERICA (CANADA & MEXICO ONLY)-Other:NOT APPLICABLE -ONLY INVESTMENTS REPORTED. Form 990, Part VI, Line 12a PART VI - POLICIES THE FILING ORGANIZATION DOES NOT HAVE ANY EMPLOYEES, DOES NOT HAVE ITS OWN OFFICERS OR DIRECTORS ASIDE FROM AN INSTITUTIONAL TRUSTEE AND THE RESEARCH FOUNDATION FOR THE STATE UNIVERSITY OF NEW YORK ("THE RESEARCH FOUNDATION") AS ITS SPONSORING ORGANIZATION. THEREFORE THE FILING ORGANIZATION DOES NOT HAVE A WRITTEN CONFLICT OF INTEREST POLICY, A WHISTLEBLOWER POLICY, OR A DOCUMENT RETENTION AND DESTRUCTION POLICY. THE CORPORATE DOCUMENTS ARE RETAINED BY THE RESEARCH FOUNDATION AND THAT ORGANIZATION DOES HAVE A WRITTEN DOCUMENT RETENTION AND DESTRUCTION POLICY. FURTHERMORE, THE RESEARCH FOUNDATION HAS A CONFLICT OF INTEREST AND A WHISTLEBLOWER POLICY. THERE ARE NO INDIVIDUALS EMPLOYED AND/OR COMPENSATED BY THE FILING ORGANIZATION. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body THE RESEARCH FOUNDATION FOR THE STATE UNIVERSITY OF NEW YORK, AS THE FILING ORGANIZATION'S SPONSORING ORGANIZATION, HAS THE ABILITY TO REMOVE OR REPLACE THE FILING ORGANIZATION'S TRUSTEE. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders THE BOARD OF DIRECTORS OF THE RESEARCH FOUNDATION FOR THE STATE UNIVERSITY OF NEW YORK, AS THE FILING ORGANIZATION'S SPONSORING ORGANIZATION, THROUGH ITS FINANCE COMMITTEE, MAKES DECISIONS RELATIVE TO THE FILING ORGANIZATION'S ASSETS. Form 990, Part VI, Line 11b Review of form 990 by governing body A COMPLETE COPY OF THE FILING ORGANIZATION'S FINAL FORM 990 (INCLUDING ALL REQUIRED SCHEDULES), AS ULTIMATELY FILED WITH THE IRS, WAS PROVIDED TO THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS OF THE SPONSORING ORGANIZATION, THE RESEARCH FOUNDATION FOR THE STATE UNIVERSITY OF NEW YORK, BEFORE ITS FILING WITH THE IRS. Form 990, Part VI, Line 19 Required documents available to the public ALL RELEVANT FILING AND GOVERNING DOCUMENTS ARE AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST. THE RESEARCH FOUNDATION FOR THE STATE UNIVERSITY OF NEW YORK PO BOX 9 ALBANY NY 12201 141368361 RESEARCH NY 501(c)(3) 7 na false false false false false false false false false false false false true false false true false false false NOTE ON RELATED ORG TRANSACTION THE RELATED ORGANIZATION, THE RESEARCH FOUNDATION FOR THE STATE UNIVERSITY OF NEW YORK, EIN 14-1368361, IS THE CONTRIBUTING EMPLOYER AND SPONSORING ORGANIZATION FOR THE FILING ORGANIZATION, WHICH IS A SECTION 501(C)(9) VEBA TRUST. TRANSACTIONS LISTED IN SCHEDULE R, PART V LINE 1, ARE THE EMPLOYER CONTRIBUTIONS TO THE VEBA TRUST, AND REIMBURSEMENTS BY THE VEBA TRUST OF CLAIMS AND ADMINISTRATIVE PAYMENTS FROM THE SPONSORING ORGANIZATION.