New York Institute of Technology
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;
New York Institute of Technology at a glance
In short: New York Institute of Technology gave $262K across 8 grants in 2025 (avg $33K), top state Wisconsin. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $261,688
- -47.7% vs 2024
- Grants made (2025)
- 8
- -11.1% vs 2024
- Average grant
- $32,711
- -41.2% vs 2024
- Median grant
- $25,191
- Total assets
- $588,419,128
- +0.3% vs 2024
- Primary geography
- Wisconsin (30% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
How to apply to New York Institute of Technology
Open Grants
1 open opportunity from New York Institute of Technology
Who New York Institute of Technology funds
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2025
The largest 2025 recipient was Board of Regents of the University of Wisconsin System ($78K). Together the top 8 received $262K.
Grant Size Distribution
34 grants across all recorded years
The most common grant size was under $50K: 22 grants of 34 (65%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 8 itemized grants.
Cities
How New York Institute of Technology gives
- Giving fell 37% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $69K (2021) to $500K (2024). In 2025 it made 8 grants totaling $262K.
Grants by year
Grant recipients and amounts by year
| 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 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $588,419,128 | $381,995,828 | $369,691,908 | $261,688 | 8 | $8,496,099 |
| 2024 | $586,710,960 | $381,498,402 | $366,369,094 | $500,255 | 9 | $12,772,701 |
| 2023 | $440,803,344 | $352,214,770 | $342,435,250 | $209,836 | 6 | $3,433,018 |
| 2022 | $422,758,629 | $372,691,826 | $326,387,751 | $417,285 | 8 | $29,837,644 |
| 2021 | $405,132,037 | $325,278,153 | $322,128,862 | $69,267 | 3 | $2,937,473 |
About New York Institute of Technology
Based on IRS filings
New York Institute of Technology is a public charity 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
Leadership & Key People
Officers and directors from IRS filings
New York Institute of Technology is led by Henry Foley, President on every filing since 2021; 14 of 34 officers listed in 2025 are compensated.
Officers on the 2025 filing
Henry Foley
President
On filings since 2021
60 hrs/week
$1.1M (2021) → $1.5M (2025)
Peter J. Romano
Chairperson
Vice Chair & Chairperson → Chairperson, 2022
On filings since 2021
5 hrs/week
No compensation reported
Andrew Berner
Trustee
On filings since 2021
5 hrs/week
No compensation reported
Catherine Allen
Trustee
On filings since 2021
5 hrs/week
No compensation reported
Henry Iervolino
Trustee
On filings since 2021
5 hrs/week
No compensation reported
Monte N. Redman
Trustee
On filings since 2021
5 hrs/week
No compensation reported
Peter Ferentinos
Trustee
On filings since 2021
5 hrs/week
No compensation reported
Robert A. Wild Esq.
Trustee
On filings since 2021
5 hrs/week
No compensation reported
Ted Moudis
Trustee
On filings since 2021
5 hrs/week
No compensation reported
Domenick Chieco
Trustee
On filings since 2022
5 hrs/week
No compensation reported
Patrick O'Shaughnessy
Trustee
On filings since 2022
5 hrs/week
No compensation reported
Santhosh Keshavan
Trustee
On filings since 2022
5 hrs/week
No compensation reported
Deborah Vogel
Trustee
On filings since 2023
5 hrs/week
No compensation reported
John Keville
Trustee
On filings since 2023
5 hrs/week
No compensation reported
Eli Wachtel
Trustee
On filings since 2024
5 hrs/week
No compensation reported
Thomas Van Laan
Trustee
On filings since 2024
5 hrs/week
No compensation reported
Angela Iannacci
Trustee
New on the 2025 filing
5 hrs/week
No compensation reported
Deborah Verderame
Trustee
New on the 2025 filing
5 hrs/week
No compensation reported
Humayun Chaudhry
Trustee
New on the 2025 filing
5 hrs/week
No compensation reported
Anthony Gerdes
Professor
On filings since 2021
40 hrs/week
$315K (2021) → $367K (2025)
Babak Dastgheib-Beheshti
Dean Engineering School
On filings since 2021
40 hrs/week
$300K (2021) → $391K (2025)
Barbara J. Holahan
Vice President Finance Affairs, CFO & Treasurer
On filings since 2021
40 hrs/week
$451K (2021) → $449K (2025)
Catherine Flickinger
Vice President Hr, General Counsel & Secretary
On filings since 2021
40 hrs/week
$468K (2021) → $493K (2025)
Eileen Valerio
Controller & Assistant Treasurer
On filings since 2021
40 hrs/week
$207K (2021) → $237K (2025)
Jerry Balentine
Provost & Executive Vice President
Executive Vice President & COO → Executive Vice President, COO & Acting Prov., 2022
Executive Vice President, COO & Acting Prov. → Provost & Executive Vice President, 2023
On filings since 2021
40 hrs/week
$672K (2021) → $771K (2025)
Joseph Posillico
Vice President for Enroll Management & Strategic Committee
Vice President for Enrollment Management → Vice President for Enroll Management & Strategic Committee, 2022
On filings since 2021
40 hrs/week
$335K (2021) → $424K (2025)
Nicole Wadsworth
Dean & College of Osteopathic Med.
Dean Nyitcom → Dean & College of Osteopathic Med., 2023
On filings since 2021
40 hrs/week
$348K (2021) → $486K (2025)
Patrick Minson
Vice President Development, Alum. Relations & Ext Aff.
Vice President Development & Alumni Relations → Vice President Development, Alum. Relations & Ext Aff., 2022
On filings since 2021
40 hrs/week
$354K (2021) → $382K (2025)
Pennie Turgeon
Vice President of It & CIO
On filings since 2021
40 hrs/week
$325K (2021) → $438K (2025)
Shane Speights
Site Dean & College of Osteopathic Med.
Site Dean Nyitcom → Site Dean & College of Osteopathic Med., 2023
On filings since 2021
40 hrs/week
$426K (2021) → $444K (2025)
Maria Rita Perbellini
Dean, School of Architecture & Design
On filings since 2023
40 hrs/week
$325K (2023) → $349K (2025)
Donald Booth
Vice President, Capital Planning & Faciliites
On filings since 2024
40 hrs/week
$308K (2024) → $314K (2025)
Dan Ferrara
Vice Chair
Trustee & Vice Chair → Vice Chair, 2022
On filings since 2021
5 hrs/week
No compensation reported
Michael J. Merlo
Vice Chair
On filings since 2021
5 hrs/week
No compensation reported
Former officers (11)
- Former: Phillip Fasano (2021–2024) — Trustee
- Former: Nancy Bono (2024) — Associate Dean Clinical Rel., Outreach & Associate Prof
- Former: Kevin D. Silva (2021–2023) — Trustee Emeritus
- Former: Suzanne Musho (2021–2023) — Vice President of Real Estate Development & Sust Cap · Filing note: Thru 12/2022
- Former: Tom Van Laan (2023) — Trustee
- Former: Caroline Watteeuw (2021–2022) — Trustee
- Former: Deborah Verderame Marciano (2021–2022) — Trustee
- Former: Junius Gonzales (2021–2022) — Provost & Vice President Academic Affairs · Filing note: Thru 2/2022
- Former: Nada Assaf-Anid (2021–2022) — Vice President Strategic Committee & External Affairs · Filing note: Thru 9/2021
- Former: Roger Sawhney (2021–2022) — Trustee
- Former: Itzhak Fisher (2021) — Trustee
Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $1.5M, to Dr Henry Foley (President (Thru 06/30/2025)). 14 officers or directors reported compensation on that filing.
Frequently asked questions about New York Institute of Technology
How much does New York Institute of Technology give each year?
New York Institute of Technology gave $262K across 8 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $500K across 9 grants.
What is New York Institute of Technology's typical grant size?
New York Institute of Technology's median grant in 2025 was $25,191, and its average grant was $32,711, across 8 grants on its 2025 IRS Form 990.
Where does New York Institute of Technology give grants?
New York Institute of Technology's top state is Wisconsin, with 30% of the grant dollars itemized on its 2025 IRS Form 990. The next largest states were New Jersey (28%) and California (14%). The most frequent recipient cities were New York, NY (2 grants).
Does New York Institute of Technology give general operating support?
Not in 2025: none of the 8 grants with a stated purpose on New York Institute of Technology's 2025 IRS Form 990 were described as general or operating support. Recurring purposes include "Research" (8 grants).
Who are New York Institute of Technology's largest grantees?
New York Institute of Technology's largest 2025 grantees include Board of Regents of the University of Wisconsin System ($78,326), Rutgers the State University of New Jersey ($73,087) and Sanford Burnham Prebys Medical Discovery Insititute ($36,784), according to its 2025 IRS Form 990. Together they received 72% of its itemized 2025 grant dollars.
How large is New York Institute of Technology?
New York Institute of Technology reported $588.4M in total assets on its 2025 IRS Form 990. Its revenue that year was $382.0M.
What is New York Institute of Technology?
New York Institute of Technology is a public charity focused on Education, based in Old Westbury, NY. It holds $588.4M in total assets as of 2025.
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.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2021 (received by the IRS May 11, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS May 8, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS May 13, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS May 2, 2025)
- Updated Form 990 for fiscal year 2025 (received by the IRS April 10, 2026)
- IRS filings on file for fiscal years 2021–2025
Live grants for the work New York Institute of Technology funds
Education Open opportunities, soonest deadline first.
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New York Institute of Technology down — hundreds of funders to go?