Rockefeller University

Rockefeller University is a biomedical research university that fosters scientific researchers from around the world. Largely dedicated to the life sciences, it devotes its resources to various subfields of biology, genetics, neuroscience, and medicine. It is based in New York City. 1

At-A-Glance

Formation:

1901

Location: New York, NY View on map
Tax ID: 13-1624158
Most Recent Filing: 2025
Budget (2025): Assets: $4,127,223,897 Revenue: $458,410,394 Expenses: $504,447,980

Contents

    From 2000 to 2023, Rockefeller University received $2.15 billion from government sources. 2

    Background

    Rockefeller University is a biomedical research university that fosters scientific researchers from around the world. It is based in New York City. It purports to direct its research toward a single purpose: “the benefit of humanity.” 1

    As of 2025, the University had 20 labs dedicated to chemical and structural biology; 20 labs dedicated to genetics and genomics; 20 labs dedicated to immunology, virology, and microbiology; 15 labs dedicated to medical sciences, systems physiology, and human genetics; 37 labs dedicated to molecular and cell biology; 33 labs dedicated to neurosciences and behavior; six labs dedicated to organismal biology and evolution; 13 labs dedicated to physical, mathematical, and computational biology; and 17 labs dedicated to stem cells, development, regeneration, and aging. 3

    Rockefeller University is involved in various collaborative projects with other research and educational institutions. Its Tri-Institutional collaborative encompasses several biomedical centers in New York and elsewhere. The Sloan-Kettering Institute was an initial partner of the Tri-Institutional Program. The University makes available the Rockefeller University Hospital, a standalone organization, as a data resource for Tri-Institutional members. The University also has several “Interdisciplinary Centers” which combine efforts with other science centers in researching specific illnesses and organs. Its Office of Technology Transfer creates “commercial opportunities” to produce innovative technological breakthroughs out of the discoveries made by Rockefeller researchers. 4 5 6 7

    History

    Rockefeller University was incorporated in 1901 as “the Rockefeller Institute for Medical Research” after one of John D. Rockefeller Sr.’s grandsons died of scarlet fever. Rockefeller had already considered creating a research center with his advisor Frederick T. Gates and his son John D. Rockefeller Jr. The Institute aimed to model itself on the Koch and Pasteur Institutes in Europe by researching diseases that were raging throughout the world at the time, such as tuberculosis, diphtheria, and typhoid fever. 8 9 7

    In 1910, the Rockefeller network established the Rockefeller Institute Hospital, now known as Rockefeller University Hospital. Initial scholars at the hospital researched polio, heart disease, and diabetes. In 1913, Oswald T. Avery was hired by the hospital to study viral strains, leading to the first vaccine for pneumococcal pneumonia. This incidentally triggered a breakthrough discovery in 1944, accomplished in tandem with his colleagues Colin M. MacLeod and Maclyn McCarthy, that DNA transmits hereditary information. 7

    In 1955, the Rockefeller Institute grew to include an educational component and enrolled its first cohort of graduate students. It issued its first doctoral degrees in 1959. In 1965, the Rockefeller Institute was renamed “the Rockefeller University.” In 1972, the University began a collaboration with Cornell University to start a M.D.-Ph.D. program for its students. As of 2025, the Rockefeller University had granted over 1,000 Ph.D. degrees. 7

    Controversies

    Eugenics

    The Rockefeller Foundation provided grants to and employed French biologist Alexis Carrel at the Rockefeller Institute for Medical Research (now known as Rockefeller University). While working at the Institute, Carrel wrote his bestselling book Man, the Unknown (1935) which promoted the eugenics movement, suggested the use of toxic gas to euthanize criminals, and in a later edition, endorsed early Nazi regime programs engaging in “suppression” of the “defective.” 10

    Population Council

    In 1952, John D. Rockefeller III launched the population control advocacy group known as the Population Council with about $250,000 from his personal fortune after struggling to convince the Rockefeller Foundation board to fund birth-control efforts overseas. The Rockefeller Brothers Fund also initially declined to offer help. According to one estimate, Rockefeller III provided $1 million within the first year of its operations. Despite a lack of help from Rockefeller institutions, Rockefeller Brothers Fund trustee and Rockefeller University president Detlev Bronk was a founding Council board member. 11 12 13 14

    Financials

    In 2023, Rockefeller University reported revenues of $501 million, total expenses of $571 million, and net assets of $2.54 billion. 15

    Funding

    From 2000 to 2023, Rockefeller University received $2.15 billion from government sources. 2

    An itemized list of Rockefeller University’s annual government-grant amounts is available below:

    2023$110,367,775
    2022$101,522,703
    2021$94,794,561
    2020$96,974,698
    2019$86,812,921
    2018$85,072,260
    2017$87,231,396
    2016$87,076,735
    2015$81,278,136
    2014$82,555,028
    2013$82,429,263
    2012$156,222,356
    2011$86,323,449
    2010$99,385,778
    2009$90,466,451
    2008$74,859,366
    2007$81,797,852
    2006$87,057,610
    2005$91,804,005
    2004$86,052,944
    2003$82,782,203
    2002$82,975,067
    2001$74,050,021
    2000$61,634,557

    From 2015 and 2023, Rockefeller University received a total of $2.75 million in grants from the Chase and Stephanie Coleman Foundation. 16 17 18 19 20 21

    In 2018, Rockefeller University received a total of $163,500 earmarked for “education” from the National Philanthropic Trust. 22

    In 2019, Rockefeller University received a grant of $197,300 earmarked for “education” from the National Philanthropic Trust. 23

    In 2019, Rockefeller University received two grants worth a total of $416,667 from the Kavli Foundation earmarked for the Kavli Neural Systems Institute, which Rockefeller University houses. 24

    As of 2020, Rockefeller University had raised $8 million for its newly established Julian Robertson Professorship, crediting Lee and Elizabeth Ainslie, Chase and Stephanie Coleman, Andreas and Diane Halvorsen, and Stephen and Susan Mandel for each contributing more than $1 million. 25

    In 2021, Rockefeller University held an “Honoring Pfizer” initiative in honor of the pharmaceutical company. Pfizer contributed over $250,000 to the initiative. 26

    In 2023, Rockefeller University received $1.13 million from Donor Advised Charitable Giving, a donor-advised fund (DAF) provider formerly known as the Schwab Charitable Fund. That year, the University reportedly received $110 million in government grants. 27 28

    Financial Statistics

    Total Assets

    Total Revenue

    Total Expenses

    YearTotal AssetsTotal RevenueTotal ExpensesFiling
    2025 $4,127,223,897 $458,410,394 $504,447,980 View
    2024 $4,025,810,239 $501,030,765 $571,330,484 View
    2023 $3,956,769,216 $514,627,473 $521,221,549 View
    2022 $4,263,008,941 $535,346,959 $596,078,177 View
    2021 $4,529,661,441 $530,345,700 $585,011,703 View
    2020 $3,879,645,094 $455,447,251 $549,309,305 View

    Prior year filings: 2019, 2018, 2017, 2016, 2015, 2014, 2013, 2012, 2011

    Revenue Detail

    Expenses Detail

    Employee Compensation

    • Number of Employees: 1657

    Highest Earning Employees

    EmployeeTitleTotal Compensation
    Paula VolentCHIEF INVESTMENT OFFICER$2,257,458
    Richard P Lifton MD PhDPRESIDENT$1,593,942
    Betty Y Chen-ManagingDIRECTOR, INVESTMENTS (THRU 10/24)$967,093
    Maren ImhoffSVP, DEVELOPMENT$929,305
    Barry CollerVP & PHYSICIAN-IN-CHIEF$840,772
    Timothy O'ConnorEXECUTIVE VICE PRESIDENT$827,667
    Deborah YeohVP & GENERAL COUNSEL$752,492
    Charles M RicePROFESSOR, HEAD OF LABORATORY$711,836
    Timothy StearnsVP, EDUCATION AFFAIRS$687,865
    Romayne L BottiVP, FINANCE & TREASURER$687,070
    Nathaniel HeintzPROFESSOR, HEAD OF LABORATORY$683,784
    Jeanne FarrellAVP, TECHNOLOGY TRANSFER$651,173
    Virginia HuffmanVP, HUMAN RESOURCES$641,824
    Titia De LangePROFESSOR, HEAD OF LABORATORY$633,417
    Cornelia BargmannVP, ACADEMIC AFFAIRS$617,752
    Anthony Carvalloza-ChiefINFORMATION OFFICER (FROM 11/13/24)$492,214
    Kretina CookASST. VP, FINANCE$434,209
    Ashton MurrayVP UNIV. LIFE & COMMUNITY ENGAGEMENT$430,274

    Grant Activity

    All-time grants received statistics from Candid dataset:

    • Total Grant Value: $1,261,662,929
    • Number of Grants: 4,144
    • Number of Funders: 771

    Selection of highest value grants received from the last seven years:

    AmountYearFunderSubject
    $13,252,2762021 Alzheimer's Research Foundation, Fisher CenterTO FUND ALZHEIMER'S DISEASE RESEARCH. SEE PART IV FOR DETAILS.
    $10,951,9902024 Alzheimer's Research Foundation, Fisher CenterTO FUND ALZHEIMER'S DISEASE RESEARCH. SEE PART IV FOR DETAILS.
    $9,762,9432022 Alzheimer's Research Foundation, Fisher CenterTO FUND ALZHEIMER'S DISEASE RESEARCH. SEE PART IV FOR DETAILS.
    $8,850,0002024 Hess Philanthropic FundCHARITABLE
    $8,736,0832020 Gates Foundationto clinically develop broadly neutralizing anti-HIV antibodies for the prevention of HIV in Sub-Saharan Africa.
    $7,133,2512021 National Philanthropic TrustEDUCATION
    $7,081,9802023 Gates Foundationto test the hypothesis that, given with antiretroviral therapy upon HIV diagnosis, bNAbs against HIV will induce an immune response leading to durable suppression of the disease once antiretroviral therapy is discontinued
    $6,325,0002023 Silicon Valley Community Foundation
    $6,110,0002021 Anna-Maria and Stephen Kellen Foundation Inc C/o Joel E Sammet & Co LLPGENERAL TAX EXEMPT PURPOSES
    $5,100,0002023 Anna-Maria and Stephen Kellen Foundation Inc C/o Joel E Sammet & Co LLPGENERAL TAX EXEMPT PURPOSES
    $5,100,0002022 Anna-Maria and Stephen Kellen Foundation Inc C/o Joel E Sammet & Co LLPGENERAL TAX EXEMPT PURPOSES
    $5,100,0002021 The Marie-Josee and Henry R Kravis FoundationGENERAL PURPOSE
    $5,060,0002023 The Marie-Josee and Henry R Kravis FoundationGENERAL PURPOSE
    $5,050,0002022 The Marie-Josee and Henry R Kravis FoundationGENERAL PURPOSE
    $5,000,0002024 The Marie-Josee and Henry R Kravis FoundationGENERAL PURPOSE
    $5,000,0002023 THE STARR FOUNDATIONMAURICE R. AND CORINNE P. GREENBERG CENTER FOR THE STUDY OF INFLAMMATION, MICROBIOME, AND METABOLISM
    $5,000,0002023 THE STARR FOUNDATIONSTARR CENTER FOR COMPUTATIONAL AND QUANTITATIVE SCIENCE
    $5,000,0002022 THE STARR FOUNDATIONMaurice R. and Corinne P. Greenberg Center for the Study of Inflammation, Microbiome, and Metabolism
    $5,000,0002021 THE STARR FOUNDATIONEndow the Maurice R. and Corinne P. Greenberg Center for the Study of Inflammation, Microbiome, and Metabolism
    $5,000,0002020 THE STARR FOUNDATIONMaurice R. And Corinne P. Greenberg Center for the Study of Inflammation, Microbiome, and Metabolism
    $5,000,0002020 Simons FoundationFund for COVID-19 Research Gift
    $5,000,0002020 THE STARR FOUNDATIONStarr Center for Computational and Quantitative Science
    $4,750,0002020 Alzheimer's Research Foundation, Fisher CenterNEUROLOGICAL RESEARCH INTO THE CAUSES OF ALZHEIMER'S DISEASE, POTENTIAL NEW PHARMACOLOGICAL TREATMENT OPTIONS, PROFESSORSHIP TO CONDUCT RESEARCH ACTIVITIES, AND COVID-19 RESEARCH."
    $4,700,0002022 Robertson FoundationTHERAPEUTIC DEVELOPMENT FUND
    $4,500,0002024 Gates FoundationCREATE NOVEL TECHNOLOGY PLATFORM CAPABILITIES

    References

    1. “About.” The Rockefeller University. Accessed November 20, 2025. https://www.rockefeller.edu/about/.
    2. Return(s) of Organization Exempt from Income Tax (Form 990). The Rockefeller University. 2001-2023. Statement(s) of Revenue. https://projects.propublica.org/nonprofits/organizations/131624158.
    3. “Research at the Rockefeller University.” The Rockefeller University. Accessed November 20, 2025. https://www.rockefeller.edu/research/.
    4. “Tri-Institutional and External Collaborations.” The Rockefeller University. Accessed November 20, 2025. https://www.rockefeller.edu/research/tri-institutional-collaborations/.
    5. “Interdisciplinary Centers.” The Rockefeller University. https://www.rockefeller.edu/research/interdisciplinary-centers/.
    6. “Technology Transfer.” The Rockefeller University. Accessed November 20, 2025. https://www.rockefeller.edu/office-technology-transfer/.
    7. “Our History.” The Rockefeller University. Accessed November 20, 2025. https://www.rockefeller.edu/about/history/.
    8. Return of Organization Exempt from Income Tax (Form 990). The Rockefeller University. 2023. Box L.
    9. “Mission and History.” The Rockefeller University. Accessed November 20, 2025. https://www.rucares.org/clinicalresearch/mission-history.
    10. Schambra, William A. “Philanthropy’s Original Sin.” The New Atlantis, Summer 2013. Accessed November 20, 2025. https://www.thenewatlantis.com/publications/philanthropys-original-sin.
    11. “Population Control Movement.” Philanthropy Roundtable. Accessed November 20, 2025. https://www.philanthropyroundtable.org/almanac/population-control-movement/.
    12. “Rockefeller Founds the Population Council.” EBSCO Host. Accessed November 19, 2025. https://www.ebsco.com/research-starters/business-and-management/rockefeller-founds-population-council.
    13. “The Population Council.” Rockefeller Brothers Fund. Accessed November 19, 2025. https://www.rbf.org/about/our-history/timeline/population-council.
    14. Dunlop, Joan. “John D. Rockefeller 3rd, Statesman and Founder of the Population Council.” PRB, September 1, 2000. Accessed November 19, 2025. https://www.prb.org/resources/john-d-rockefeller-3rd-statesman-and-founder-of-the-population-council/.
    15. Return of Organization Exempt from Income Tax (Form 990). The Rockefeller University. 2023. Part I, lines 12, 18, 22.
    16. Return of Organization Exempt from Income Tax (Form 990). The Chase and Stephanie Coleman Foundation. 2015. Part XV. 3 – Grants and Contributions Paid During the Year or Approved for Future Payment.
    17. Return of Organization Exempt from Income Tax (Form 990). The Chase and Stephanie Coleman Foundation. 2019. Part XV. 3 – Grants and Contributions Paid During the Year or Approved for Future Payment.
    18. Return of Organization Exempt from Income Tax (Form 990). The Chase and Stephanie Coleman Foundation. 2020. Part XV. 3 – Grants and Contributions Paid During the Year or Approved for Future Payment.
    19. Return of Organization Exempt from Income Tax (Form 990). The Chase and Stephanie Coleman Foundation. 2021. Part XIV. 3 – Grants and Contributions Paid During the Year or Approved for Future Payment.
    20. Return of Organization Exempt from Income Tax (Form 990). The Chase and Stephanie Coleman Foundation. 2022. Part XIV. 3 – Grants and Contributions Paid During the Year or Approved for Future Payment.
    21. Return of Organization Exempt from Income Tax (Form 990). The Chase and Stephanie Coleman Foundation. 2023. Part XIV. 3 – Grants and Contributions Paid During the Year or Approved for Future Payment.
    22. Return of Organization Exempt from Income Tax (Form 990). National Philanthropic Trust. 2018. Schedule I. Part II – Grants and Other Assistance to Domestic Organizations and Domestic Governments.
    23. Return of Organization Exempt from Income Tax (Form 990). National Philanthropic Trust. 2019. Schedule I. Part II – Grants and Other Assistance to Domestic Organizations and Domestic Governments.
    24. Return of Organization Exempt from Income Tax (Form 990). Kavli Foundation. 2109. Part XV. 3 – Grants and Contributions Paid During the Year or Approved for Future Payment.
    25. “Celebrating Science Virtual Benefit Donors – Honoring Julian Robertson.” The Rockefeller University. 2020. Accessed November 20, 2025. https://www.rockefeller.edu/support-our-science/landing2/benefit-2020/benefitdonors-2020/.
    26. “Celebrating Science Virtual Benefit Donors – Honoring Pfizer.” The Rockefeller University. Accessed November 20, 2025. https://www.rockefeller.edu/support-our-science/landing2/benefit-2021/celebrating-science-benefit-donors-2021/.
    27. Return of Organization Exempt from Income Tax (Form 990). Donor Advised Charitable Giving. 2023. Schedule I. Part II – Grants and Other Assistance to Domestic Organizations and Domestic Governments.
    28. Return of Organization Exempt from Income Tax (Form 990). The Rockefeller University. 2023. Part VIII – Statement of Revenue, line f.