EIN 15-0532082

Cornell University

IRS 501(c) type
501(c)(3)
Num. employees
41,865
City
Year formed
1865
Most recent tax filings
2022-06-01
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
$6,503,011,003
2022
Total expenses
$5,456,954,931
2022
Total assets
$17,439,114,941
2022
Num. employees
41,865
2022

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 (3,781); masters (3,756); d.v.m. (114); j.d. (199), and ph.d., j.d., and d.m.a. (512).
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 $873,143,000 in direct support and $215,008,000 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
Rutgers the State University of NJResearch$3,701,291
Memorial Sloan-Kettering Cancer CenterResearch$3,374,848
Johns Hopkins University (JHU)Research$2,491,923
...and 222 more grants made totalling $78,400,234

Who funds Cornell University

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$24,564,104
Cornell University FoundationIn Furtherance of the Organization's Tax Exempt Mission$18,024,112
National Philanthropic TrustEducation$11,405,498
...and 899 more grants received totalling $229,520,150

Personnel at Cornell University

NameTitleCompensation
Robert J MinPresident and Chief Executive Officer of Physician Org / Chief Executive Officer / Chief Medical Officer$2,242,387
Christopher CowenChief Financial Officer
Joanne DestefanoChief Financial Officer and Executive Vice President$818,952
Kenneth MirandaChief Invesment Officer / Chief Investment Officer$2,392,617
Augustine Mk ChoiProvost - Medical Affairs and Dean / Provost for Medl Affrs and Dean / Provost Medl Affrs and Dean$2,427,611
...and 6 more key personnel

Financials for Cornell University

RevenuesFYE 06/2022
Total grants, contributions, etc.$696,997,589
Program services$4,895,863,532
Investment income and dividends$86,862,647
Tax-exempt bond proceeds$0
Royalty revenue$37,707,189
Net rental income$1,757,287
Net gain from sale of non-inventory assets$775,474,506
Net income from fundraising events$12,882
Net income from gaming activities$0
Net income from sales of inventory$8,335,371
Miscellaneous revenues$0
Total revenues$6,503,011,003

Form 990s for Cornell University

Fiscal year endingDate received by IRSFormPDF link
2022-062023-05-09990View PDF
2021-062022-05-10990View PDF
2020-062021-05-11990View PDF
2019-062020-09-25990View PDF
2018-062019-07-23990View PDF
...and 8 more Form 990s

Organizations like Cornell University

OrganizationLocationRevenue
Johns Hopkins University (JHU)Baltimore, MD$8,434,336,000
Georgetown UniversityWashington, DC$1,988,566,479
Duke UniversityDurham, NC$4,604,378,802
Stanford University / The Board of Trustees of the Leland Stanford Junior UniversityRedwood City, CA$9,526,036,013
Harvard UniversityCambridge, MA$9,623,728,188
Dartmouth CollegeHanover, NH$1,952,191,796
Northeastern University (NU)Boston, MA$2,393,370,957
Brown UniversityProvidence, RI$1,790,921,493
Boston CollegeChestnut Hill, MA$1,638,236,627
Tulane UniversityNew Orleans, LA$1,639,844,000
Data update history
April 19, 2024
Updated personnel
Identified 1 new personnel
February 3, 2024
Received grants
Identified 355 new grant, including a grant for $6,057,749 from Bill & Melinda Gates Foundation
October 26, 2023
Received grants
Identified 91 new grant, including a grant for $976,750 from American Endowment Foundation
August 19, 2023
Received grants
Identified 702 new grant, including a grant for $18,024,112 from Cornell University Foundation
August 13, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
SchoolsHigher ed institutionsHeadquarter / parent organizations
Issues
Education
Characteristics
Political advocacyLobbyingFundraising eventsOperates internationallyNational levelReceives government fundingEndowed supportCommunity engagement / volunteeringTax deductible donations
General information
Address
377 Pine Tree Rd
Ithaca, NY 14850
Metro area
Ithaca, 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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