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EIN 46-4395157

Jacobs Technion-Cornell Innovation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
New York
State
New York
Year formed
2013
Most recent tax filings
2023-06-01
NTEE code, primary
B50: Graduate, Professional Schools
Description
Jacobs Technion-Cornell Innovation administers a dual masters degree program awarded by Technion-Israel Institute of Technology and Cornell University, while also providing a research environment for faculty, researchers, and students. The institute was formed in April 2013 and is located in New York, NY. Additionally, Jacobs offers the Runway Program to recent PhD graduates interested in entrepreneurship in technology, providing academic, professional and networking support to launch new ventures.
Also known as...
Joan and Irwin Jacobs Technion-Cornell Institute; Joan and Irwin Jacobs Technion-Cornell Innovation Instit
Total revenues
$16,992,517
2023
Total expenses
$28,082,450
2023
Total assets
$199,052,060
2023
Num. employees
0
2023

Program areas at Jacobs Technion-Cornell Innovation

The Joan and Irwin Jacobs technion-cornell Institute, Inc. (Jacobs) was formed in april 2013 to administer a dual masters degree program awarded by technion-israel Institute of technology (Technion) and Cornell university. The program conducts and supports scientific and technological research and encourages the development of the industry.
Jacobs' runway program is a unique program that gives recent phd's interested in entrepeneurship in technology the opportunity to draw on their research knowledge to launch new ventures with the academic, professional, and networking support from Jacobs.

Grants made by Jacobs Technion-Cornell Innovation

GranteeGrant descriptionAmount
Cornell UniversityTuition Assistance$3,993,504

Who funds Jacobs Technion-Cornell Innovation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
American Technion SocietyVarious Projects$5,242,720

Personnel at Jacobs Technion-Cornell Innovation

NameTitleCompensation
Michael WeissmanTreasurer$0
Israel CidonDirector$0
Michael KotlikoffTrustee and Provost$0
John SicilianoSecretary$0
Ronald BrachmanDirector$0
...and 2 more key personnel

Financials for Jacobs Technion-Cornell Innovation

RevenuesFYE 06/2023
Total grants, contributions, etc.$3,568,594
Program services$13,610,514
Investment income and dividends$6,157,726
Tax-exempt bond proceeds$0
Royalty revenue$8,187
Net rental income$0
Net gain from sale of non-inventory assets$-6,356,781
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$4,277
Total revenues$16,992,517

Form 990s for Jacobs Technion-Cornell Innovation

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-14990View PDF
2022-062023-05-11990View PDF
2021-062022-05-12990View PDF
2020-062022-04-24990View PDF
2019-062021-05-13990View PDF
...and 4 more Form 990s
Data update history
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
September 26, 2023
Received grants
Identified 1 new grant, including a grant for $5,242,720 from American Technion Society
July 2, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 26, 2023
Updated personnel
Identified 9 new personnel
June 25, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
SchoolsCharities
Issues
Education
Characteristics
State / local levelEndowed supportTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
2 W Rd
New York, NY 10044
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
New York County, NY
Website URL
tech.cornell.edu/jacobs-technion-cornell-institute/ 
Phone
(607) 254-5898
IRS details
EIN
46-4395157
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2013
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B50: Graduate, Professional Schools
NAICS code, primary
611310: Colleges, Universities, and Professional Schools
Parent/child status
Independent
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