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Description
(from the website):
"The
Research Foundation is a private, nonprofit educational
corporation whose primary responsibility is the administration
of externally funded contracts and grants for and on
behalf of the State University of New York. Since its
establishment in 1951, the Research Foundation has facilitated
research, education, and public service at 30 state-operated
SUNY locations. The Foundation carries out its responsibilities
pursuant to an agreement entered into in 1977 with the
University.
"Separate
Status
"The
Research Foundation is a separate, private corporation,
and as such is not supported by state appropriated tax
dollars, nor does it receive support services provided
to New York State agencies. The Foundation is responsible
for its own financial, legal, and business systems;
maintains its own personnel policies, employee fringe
benefits program, and payroll services.
"Rationale
for the Research Foundation
"The
Research Foundation provides the administrative flexibility
to respond quickly to the special demands of sponsored
programs in a manner that facilitates their scientific
or technical execution.
"Governance
"The
Research Foundation is governed by a Board of Directors
that includes researchers and representatives from campus
and system administration, as well as representatives
of private business and industry. The Chancellor of
the University serves as chair of the board, ex officio."
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