EIN 15-0532082

Cornell University

IRS 501(c) type
501(c)(3)
Num. employees
43,858
City
Year formed
1865
Most recent tax filings
2023-06-01
Description
Cornell University is a private, land-grant, sea-grant, and space-grant research university located in Ithaca, New York. The university is organized into seven undergraduate colleges and seven graduate divisions at its main Ithaca campus, with each college and division defining its own admission standards and academic programs in near autonomy.
Total revenues
$5,877,363,039
2023
Total expenses
$5,846,117,271
2023
Total assets
$17,336,489,402
2023
Num. employees
43,858
2023

Program areas at Cornell University

Cornell University is renowned for its academic rigor, intellectual vibrancy, entrepreneurial character, and the diversity and quality of its curricula and areas of multidisciplinary research and study. The University's undergraduate, graduate, professional, post-doctoral, and continuing education programs have a global reputation for excellence and innovation. Cornell's main campus is in ithaca, new york, with the campuses of weill Cornell medical college and Cornell tech in new york city. The University has a significant international educational presence, including weill Cornell medical college's campus in doha, qatar. During the reporting year, the University granted the following degrees: undergraduate (3,791); masters (3,779); d.v.m. (120); j.d. (175), and ph.d., j.d., and d.m.a. (553).
Cornell has a long tradition of combining scholarly work and leadership in research -both basic and applied- with public service and engagement in new york state and around the world. Revenues from sponsored awards include $855,341,000 in direct support and $239,564,000 in indirect cost recovery. Revenues also include grant and contract revenue to support public outreach and instruction, the single largest portion is related to research.
Medical services, including the training and education of physicians, is a primary component of the University's mission. Cornell is committed to excellence in patient care, scientific discovery, and the education of future physicians in new york city and around the world. The doctors and scientists of weill Cornell medicine -faculty from weill Cornell medical college, weill Cornell graduate school of medical sciences, and the weill Cornell physician organization- provide clinical care and research that connect patients to the latest treatment innovations and prevention strategies.
Other program service accomplishments include, but are not limited to, Cornell's land-grant mission, academic conferences, publications, and room and board for students.

Grants made by Cornell University

GranteeGrant descriptionAmount
Memorial Sloan-Kettering Cancer CenterResearch$3,374,848
Rutgers Alumni AssociationResearch$3,159,089
Icahn School of Medicine at Mount SinaiResearch$2,586,848
...and 231 more grants made totalling $77,813,938

Who funds Cornell University

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$42,900,681
Jewish Communal FundIn Furtherance of Grantee's Tax-Exempt Purpose$23,095,579
National Philanthropic TrustHealth$14,227,287
...and 918 more grants received totalling $270,368,608

Personnel at Cornell University

NameTitleCompensation
Robert J MinPresident and Chief Executive Officer of Physician Org / Chief Executive Officer / Chief Medical Officer$2,723,237
Christopher CowenExecutive Vice President and Chief Financial Officer
Kenneth MirandaChief Invesment Officer / Chief Investment Officer$2,671,714
Augustine Mk ChoiProvost - Medical Affairs and Dean / Provost for Medl Affrs and Dean / Provost Medl Affrs and Dean$2,420,981
Hunter R RawlingsFormer President / Former President / Former President / Former President / Former President / Interim President$1,108,607
...and 6 more key personnel

Financials for Cornell University

RevenuesFYE 06/2023
Total grants, contributions, etc.$617,653,886
Program services$4,818,302,041
Investment income and dividends$171,825,100
Tax-exempt bond proceeds$0
Royalty revenue$21,124,476
Net rental income$1,560,539
Net gain from sale of non-inventory assets$237,594,475
Net income from fundraising events$-333,582
Net income from gaming activities$0
Net income from sales of inventory$9,636,104
Miscellaneous revenues$0
Total revenues$5,877,363,039

Form 990s for Cornell University

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-10990View PDF
2022-062023-05-09990View PDF
2021-062022-05-10990View PDF
2020-062021-05-11990View PDF
2019-062020-09-25990View PDF
...and 9 more Form 990s

Organizations like Cornell University

OrganizationLocationRevenue
Georgetown UniversityWashington, DC$1,922,844,840
Johns Hopkins University (JHU)Baltimore, MD$10,225,986,000
Stanford University / The Board of Trustees of the Leland Stanford Junior UniversityRedwood City, CA$8,473,666,240
Duke UniversityDurham, NC$3,747,197,275
Dartmouth CollegeHanover, NH$1,603,346,438
Harvard UniversityCambridge, MA$6,051,934,438
Northeastern University (NU)Boston, MA$2,586,227,003
Brown UniversityProvidence, RI$1,585,724,817
University of Pennsylvania (Penn)Philadelphia, PA$9,925,251,000
Tulane UniversityNew Orleans, LA$1,674,159,000
Data update history
August 10, 2024
Received grants
Identified 300 new grant, including a grant for $10,291,559 from Cornell University Foundation
August 3, 2024
Updated personnel
Identified 11 new personnel
July 13, 2024
Used new vendors
Identified 1 new vendor, including
July 11, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 18, 2024
Received grants
Identified 14 new grant, including a grant for $23,095,579 from Jewish Communal Fund
Nonprofit Types
Grantmaking organizationsSchoolsHigher ed institutionsHeadquarter / parent organizations
Issues
Education
Characteristics
Political advocacyLobbyingFundraising eventsOperates internationallyNational levelReceives government fundingEndowed supportCommunity engagement / volunteeringTax deductible donationsAccepts online donations
General information
Address
377 Pine Tree Rd
Ithaca, NY 14850
Metro area
Ithaca, NY
County
Tompkins County, NY
Website URL
cornell.edu/ 
Phone
(607) 255-3790
IRS details
EIN
15-0532082
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1865
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B43: University or Technological Institute
NAICS code, primary
611310: Colleges, Universities, and Professional Schools
Parent/child status
Central organization
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Exempt
FTB status revoked
Not revoked
AG Registration Number
CT0192718
FTB Entity ID
None yet
AB 488 data last updated ("as-of") date
2024-10-16
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