NEW YORK INSTITUTE OF TECHNOLOGY (NYIT) OFFERS VARIOUS DEGREE PROGRAMS, INCLUDING UNDERGRADUATE, GRADUATE, AND PROFESSIONAL DEGREES, IN MORE THAN 50 FIELDS OF STUDY, INCLUDING ARCHITECTURE AND DESIGN; ARTS AND SCIENCES; (CONTINUED ON SCHEDULE O)
Key facts about New York Institute of Technology
- EIN
- 11-1788788
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $261,688
- Grants made (2025)
- 8
- Average grant
- $32,711
- Median grant
- $25,191
- Total assets
- $588,419,128
- Primary geography
- Wisconsin (30% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Who New York Institute of Technology funds
By grant dollars, the top recipient states for New York Institute of Technology's 8 itemized 2025 grants were Wisconsin (30%), New Jersey (28%) and California (14%). The most frequent recipient cities were New York, NY (2 grants). None of its 8 grants with a stated purpose were described as general or operating support. Recurring purposes include "Research" (8 grants).
How New York Institute of Technology gives
- Giving fell 37% from 2022 to 2025. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with New York Institute of Technology
- How to evaluate New York Institute of Technology as a funder
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Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$588.4M
+0.3% YoY
Annual Giving
$262K
-47.7% YoY
Grant Count
8
-11.1% YoY
Avg Grant Size
$33K
-41.2% YoY
About New York Institute of Technology
Based on IRS filings
New York Institute of Technology is a nonprofit organization focused on Education, based in Old Westbury, NY. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $588.4M in total assets. In 2025, it awarded 8 grants totaling $262K. Net investment income was $8.5M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 8 itemized 2025 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $588,419,128 | $586,710,960 | $440,803,344 |
| Revenue | $381,995,828 | $381,498,402 | $352,214,770 |
| Expenses | $369,691,908 | $366,369,094 | $342,435,250 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $8,496,099 | $12,772,701 | $3,433,018 |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2025
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2025
Grant Size Distribution
34 grants across all recorded years
Open Grants
1 open opportunity from New York Institute of Technology
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest recipients include Board of Regents of the University of Wisconsin System ($78,326), Rutgers the State University of New Jersey ($73,087), Sanford Burnham Prebys Medical Discovery Insititute ($36,784).
| Recipient | Purpose | Amount |
|---|---|---|
| BOARD OF REGENTS OF THE UNIVERSITY OF WISCONSIN SYSTEM Madison, WI | RESEARCH | $78,326 |
| RUTGERS THE STATE UNIVERSITY OF NEW JERSEY Piscataway, NJ | RESEARCH | $73,087 |
| SANFORD BURNHAM PREBYS MEDICAL DISCOVERY INSITITUTE La Jolla, CA | RESEARCH | $36,784 |
| THE UNIVERSITY OF UTAH Salt Lake City, UT | RESEARCH | $32,043 |
| RESEARCH FOUNDATION OF CUNY New York, NY | RESEARCH | $18,339 |
| NEW YORK UNIVERSITY New York, NY | RESEARCH | $11,140 |
| CURATORS OF THE UNIVERSITY OF MISSOURI Columbia, MO | RESEARCH | $6,000 |
| ARIZONA STATE UNIVERSITY Temple, AZ | RESEARCH | $5,969 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Dr Henry Foley | President (Thru 06/30/2025) | 60 | $1,534,600 |
| Peter J Romano | Chairperson | 5 | — |
| Dan Ferrara | Vice Chair | 5 | — |
| Michael J Merlo | Vice Chair | 5 | — |
| Catherine Allen | Trustee | 5 | — |
| Andrew Berner | Trustee | 5 | — |
| Humayun Chaudhry | Trustee (As of 03/2025) | 5 | — |
| Domenick Chieco | Trustee | 5 | — |
| Peter Ferentinos | Trustee | 5 | — |
| Angela Iannacci | Trustee (As of 03/2025) | 5 | — |
| Henry Iervolino | Trustee | 5 | — |
| Santhosh Keshavan | Trustee | 5 | — |
| John Keville | Trustee | 5 | — |
| Thomas Van Laan | Trustee | 5 | — |
| Ted Moudis | Trustee | 5 | — |
| Patrick O'Shaughnessy | Trustee | 5 | — |
| Monte N Redman | Trustee | 5 | — |
| Deborah Verderame | Trustee (As of 03/2025) | 5 | — |
| Deborah Vogel | Trustee | 5 | — |
| Eli Wachtel | Trustee (Thru 08/2024) | 5 | — |
| Robert a Wild Esq | Trustee | 5 | — |
| Catherine Flickinger | VP HR, Gen. Counsel & Secretary | 40 | $492,893 |
| Barbara J Holahan | VP Fin. Affairs, CFO/Treasurer | 40 | $448,834 |
| Eileen Valerio | Controller & Assistant Treasurer | 40 | $237,230 |
| Jerry Balentine | Provost & Executive Vice President | 40 | $771,043 |
| Nicole Wadsworth | Dean, College of Osteopathic Med. | 40 | $486,336 |
| Joseph Posillico | VP for Enroll Mgmt/Strategic Comm. | 40 | $424,186 |
| Babak Dastgheib-Beheshti | Dean Engineering School | 40 | $391,290 |
| Donald Booth | VP, Capital Planning & Faciliites | 40 | $313,679 |
| Shane Speights | Site Dean, College of Osteopathic Med. | 40 | $444,202 |
| Patrick Minson | VP Dev. & Alum. Relations & Ext Aff. | 40 | $382,415 |
| Pennie Turgeon | VP of It & CIO | 40 | $438,247 |
| Anthony Gerdes | Professor | 40 | $367,184 |
| Maria Rita Perbellini | Dean, School of Architecture/Design | 40 | $349,151 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is New York Institute of Technology?
New York Institute of Technology is a nonprofit organization focused on Education, based in Old Westbury, NY. It holds $588.4M in total assets as of 2025.
How large is New York Institute of Technology?
As of 2025, New York Institute of Technology holds $588.4M in total assets with $382.0M in annual revenue. It awarded 8 grants totaling $262K in 2025.
Where does New York Institute of Technology operate?
New York Institute of Technology has awarded grants in Arizona, California, Massachusetts, Missouri, New Jersey, Nevada, New York, Pennsylvania, Utah, Wisconsin.
What size grants does New York Institute of Technology award?
In 2025, New York Institute of Technology awarded 8 grants totaling $262K — an average of about $33K per grant, based on its IRS Form 990 filings.
What is New York Institute of Technology's EIN?
New York Institute of Technology's EIN (Employer Identification Number) is 11-1788788. IRS Form 990 filing data is available on this page for 2021–2025.
Explore Open Grants
Browse active grant opportunities in New York Institute of Technology's focus areas in our free grants database
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.