University at Albany Foundation

The University at Albany Foundation is a non-profit 501(c)(3) corporation established to support the mission of the University at Albany through the management of philanthropic gifts and strategic investments. The Foundation plays a pivotal role in the university's life sciences ecosystem by providing financial oversight and support for major research centers, including the RNA Institute and the Cancer Research Center. It facilitates the advancement of scientific research by managing funds for faculty chairs, student scholarships, and state-of-the-art laboratory facilities. Additionally, the Foundation assists in the stewardship of resources that drive innovation in biotechnology, public health, and biomedical sciences, often serving as the legal entity for technology transfer and commercialization initiatives.