EIN 15-0532082

Cornell University

IRS 501(c) type
501(c)(3)
Num. employees
43,316
City
Year formed
1865
Most recent tax filings
2020-06-01
Description
Cornell University is an university in Ithaca, NY whose mission is: Education, research, medical services and other public services.
Total revenues
$5,126,693,316
2020
Total expenses
$5,178,905,382
2020
Total assets
$14,446,875,157
2020
Num. employees
43,316
2020

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 continue on schedule o
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 $696,518,653 million in direct support and $184,763,443 million 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.

Who funds Cornell University

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$24,980,404
Cornell University FoundationIn Furtherance of the Organization's Tax Exempt Mission$17,548,335
Silicon Valley Community Foundation (SVCF)Education$15,186,500
...and 589 more grants received totalling $166,542,729
Federal funding details
Federal agencyProgram nameAmount
Department of EducationFEDERAL DIRECT STUDENT LOANS-PLUS$54,876,118
Department of Health and Human ServicesBIOMEDICAL RESEARCH AND RESEARCH TRAINING$50,957,337
Department of Health and Human ServicesALLERGY AND INFECTIOUS DISEASES RESEARCH$48,688,531
...and 984 more federal grants / contracts

Personnel at Cornell University

NameTitleCompensation
Robert J MinChief Executive Officer$2,232,576
Joanne DestefanoExecutive Vice President and Chief Financial Officer / Executive Director - Payroll and Tax Services$760,226
Hunter R RawlingsFormer President$1,108,607
Kenneth M MirandaPast Chief Investment Officer$1,679,157
Augustine Mk ChoiProvost for Medl Affrs and Dean$2,485,635
...and 3 more key personnel

Financials for Cornell University

RevenuesFYE 06/2020
Total grants, contributions, etc.$511,045,032
Program services$4,280,021,515
Investment income and dividends$107,335,101
Tax-exempt bond proceeds$0
Royalty revenue$30,692,848
Net rental income$1,708,747
Net gain from sale of non-inventory assets$191,530,901
Net income from fundraising events$-2,733,855
Net income from gaming activities$0
Net income from sales of inventory$7,093,027
Miscellaneous revenues$0
Total revenues$5,126,693,316

Form 990s for Cornell University

Fiscal year endingDate received by IRSFormPDF link
2020-062021-05-11990View PDF
2019-062020-09-25990View PDF
2018-062019-07-23990View PDF
2017-062018-06-14990View PDF
2016-062017-09-28990View PDF
...and 6 more Form 990s

Organizations like Cornell University

OrganizationLocationRevenue
Drexel UniversityPhiladelphia, PA$1,329,522,543
Johns Hopkins University (JHU)Baltimore, MD$7,505,891,000
Harvard UniversityCambridge, MA$7,350,273,474
Duke UniversityDurham, NC$3,194,489,301
Tulane UniversityNew Orleans, LA$1,346,494,000
Brown UniversityProvidence, RI$1,482,840,270
Stanford UniversityRedwood City, CA$6,829,098,940
Liberty UniversityLynchburg, VA$1,343,657,390
Northeastern University (NU)Boston, MA$1,943,632,573
University of RochesterRochester, NY$4,135,942,762
Data update history
August 3, 2022
Received grants
Identified 138 new grant, including a grant for $2,000,000 from The Rimora Foundation
October 3, 2021
Received grants
Identified 294 new grant, including a grant for $17,548,335 from Cornell University Foundation
August 21, 2021
Posted financials
Added Form 990 for fiscal year 2019
July 28, 2021
Posted financials
Added Form 990 for fiscal year 2020
June 27, 2021
Updated personnel
Identified 12 new personnel
Nonprofit Types
SchoolsHigher ed institutionsHeadquarter / parent organizations
Issues
HealthEducationPublic policy
Characteristics
Political advocacyLobbyingFundraising eventsOperates internationallyNational levelReceives government fundingEndowed supportCommunity engagement / volunteeringTax deductible donations
General information
Address
341 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
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