Rensselaer Polytechnic Institute

Organization 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 06/2022, Rensselaer Polytechnic Institute employed 4,218 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rensselaer Polytechnic Institute 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, Rensselaer Polytechnic Institute generated $616.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $562.6m during the year ending 06/2021. While expenses have increased by 1.2% per year over the past 7 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 309 individual grants totaling $30,513,649. 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

2021

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

INSTRUCTION NUMBER OF STUDENTS ENROLLED: UNDERGRADUATE 5579 GRADUATE 1264 SPECIAL 33


OTHER PROGRAM SERVICES INCLUDE ACTIVITIES THAT FURTHER RENSSELAER'S EXEMPT PURPOSE. AUXILIARY NUMBER OF HOUSING UNITS AVAILABLE: DORM ROOMS - 2,919 SINGLE APARTMENTS - 1,095 NUMBER OF STUDENTS ON MEAL PLANS: 2,889


SCHOLARSHIPS AND FELLOWSHIPS. NUMBER OF UNDERGRADUATE STUDENTS ON SCHOLARSHIP: 4224 NUMBER OF GRADUATE STUDENTS ON SCHOLARSHIPS/FELLOWSHIPS: 1,361


RESEARCH NUMBER OF ACTIVE RESEARCH PROJECTS: 605


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Trustee
$0
Name Not Listed
Trustee
$0
Name Not Listed
Trustee
$0
Name Not Listed
Trustee
$0
Name Not Listed
Trustee
$0
Name Not Listed
Trustee
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Sodexo Management Inc
Food And Facilities Management
$15,713,631
E & B Global Inc
Consulting
$1,760,016
Rc Housing 1 Llc
Rent
$1,443,000
Murtha Cullina Llp
Legal
$1,291,006
Hv Housing Llc
Rent
$1,261,528
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$35,985,632
Investment income $15,644,512
Tax Exempt Bond Proceeds $0
Royalties $915,332
Net Rental Income $448,004
Net Gain/Loss on Asset Sales $20,806,172
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $58,855
Miscellaneous Revenue$0
Total Revenue $616,594,821

Grants Awarded

Over the last fiscal year, Rensselaer Polytechnic Institute has awarded $6,985,281 in support to 65 organizations.

Grant RecipientAmount

RENSSELAER NEWMAN FOUNDATION

PURPOSE: General Support

$34,000

ADVENT TECHNOLOGIES INC

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$105,863

ABB INC

PURPOSE: Research Subcontract

$18,365

ALBANY MEDICAL COLLEGE

PURPOSE: Research Subcontract

$342,417

THE UNIVERSITY OF OKLAHOMA

PURPOSE: Research Subcontract

$26,408

AWS TRUEPOWER LLC

PURPOSE: Research Subcontract

$46,990
View Grant Profile

Peer Organizations

Organization NameAssets
Fordham University
Bronx, NY
$953,892,663
Rochester Institute Of Technology
Rochester, NY
$1,071,324,345
St Johns University New York
Jamaica, NY
$798,473,536
Villanova University
Villanova, PA
$781,809,892
Lehigh University
Bethlehem, PA
$695,392,244
Rockefeller University
New York, NY
$535,346,959
Rensselaer Polytechnic Institute
Troy, NY
$616,594,821
The New School
New York, NY
$468,399,427
Hofstra University
Hempstead, NY
$606,887,297
Seton Hall University
South Orange, NJ
$526,525,000
American University Of Beirut
New York, NY
$608,300,843
Quinnipiac University
Hamden, CT
$533,471,085
Brandeis University
Waltham, MA
$399,602,478
Duquesne University Of The Holy Spirit
Pittsburgh, PA
$444,411,178
Bar Ilan University In Israel
New York, NY
$478,485,822
The Trustees Of The Stevens Institute Of Technology
Hoboken, NJ
$466,449,861
Sacred Heart University
Fairfield, CT
$476,875,710
Worcester Polytechnic Institute
Worcester, MA
$398,152,961
Long Island University
Brookville, NY
$438,322,403
President & Fellows Of Middlebury College
Middlebury, VT
$387,918,222
Suffolk University
Boston, MA
$381,571,833
Yeshiva University
New York, NY
$354,803,319
Bucknell University
Lewisburg, PA
$288,902,813
Fairfield University
Fairfield, CT
$341,786,596
University Of New Haven
West Haven, CT
$344,725,446

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