EIN 22-2848738

Cornell University Foundation

Name: Cornell University Foundation financials for 2023
Creator: Cause IQ
License: https://creativecommons.org/licenses/by-nc-nd/4.0/

IRS 501(c) type

501(c)(3)

Num. employees

City

Ithaca

State

New York

Year formed

1986

Most recent tax filings

2023-06-01

NTEE code, primary

B11: Education Single Organization Support

Description

The Cornell University Foundation is a donor advised fund providing a service for Cornell alumni and friends who wish to make charitable gifts through the structure of a donor-advised fund. To provide a service for Cornell alumni and friends who wish to make charitable gifts through the structure of a donor-advised fund.

Total revenues

$40,953,921

2023

Total expenses

$25,513,764

2023

Total assets

$176,829,852

2023

Num. employees

2023

Program areas at Cornell University Foundation

The organization provides allocations to Cornell University and other charitable organizations.

Grants made by Cornell University Foundation

Grantee	Grant description	Grant year	Amount
Cornell University	In Furtherance of the Organization's Tax Exempt Mission	2023-06	$10,291,559
University of Rochester	In Furtherance of the Organization's Tax Exempt Mission	2023-06	$5,200,000
Saratoga County YMCA	In Furtherance of the Organization's Tax Exempt Mission	2023-06	$2,000,000
...and 85 more grants made totalling $24,011,780

Who funds Cornell University Foundation

Grants from foundations and other nonprofits

Grantmaker	Grantmaker tax period	Description	Amount
Fidelity Investments Charitable Gift Fund	2023-06	For Grant Recipient's Exempt Purposes	$285,950
The Sanders Foundation	2022-12	General Support	$275,000
FJC - A Foundation of Philanthropic Funds	2023-03	General Operating Support	$70,122
...and 10 more grants received

Personnel at Cornell University Foundation

Name	Title	Compensation	Date of data
Wendell L Bryce	Trustee	$0	2023-05-12

Financials for Cornell University Foundation

Revenues	FYE 06/2023	FYE 06/2022	% Change
Total grants, contributions, etc.	$29,780,257	$17,339,584	71.7%
Program services	$0	$0	-
Investment income and dividends	$1,813,090	$795,289	128%
Tax-exempt bond proceeds	$0	$0	-
Royalty revenue	$0	$0	-
Net rental income	$0	$0	-
Net gain from sale of non-inventory assets	$9,360,574	$194,364	4716%
Net income from fundraising events	$0	$0	-
Net income from gaming activities	$0	$0	-
Net income from sales of inventory	$0	$0	-
Miscellaneous revenues	$0	$0	-
Total revenues	$40,953,921	$18,329,237	123.4%

Form 990s for Cornell University Foundation

Fiscal year ending	Date received by IRS	Form	PDF link
2023-06	2024-05-14	990	View PDF
2022-06	2023-05-12	990	View PDF
2021-06	2022-05-12	990	View PDF
2020-06	2021-05-20	990	View PDF
2019-06	2021-10-12	990	View PDF
...and 9 more Form 990s

Organizations like Cornell University Foundation

Organization	Type	Location	Revenue
The University Foundation California State University Chico	501(c)(3)	Chico, CA	$11,237,610
The Campanile Foundation	501(c)(3)	San Diego, CA	$61,404,079
University of Nevada-Reno Foundation	501(c)(3)	Reno, NV	$151,934,512
Clemson University Foundation	501(c)(3)	Clemson, SC	$75,039,646
University of Oregon Foundation	501(c)(3)	Eugene, OR	$190,958,772
The Fuller Foundation	501(c)(3)	Pasadena, CA	$12,191,151
Dallas Seminary Foundation	501(c)(3)	Dallas, TX	$13,426,192
East Tennessee State University Foundation	501(c)(3)	Johnson City, TN	$22,460,776
Virginia Commonwealth University Foundation	501(c)(3)	Richmond, VA	$15,943,324
Valencia College Foundation	501(c)(3)	Orlando, FL	$11,628,505

Data update history

May 18, 2024

Received grants

Identified 3 new grant, including a grant for $70,122 from FJC - A Foundation of Philanthropic Funds

December 31, 2023

Received grants

Identified 4 new grant, including a grant for $275,000 from The Sanders Foundation

August 19, 2023

Received grants

Identified 3 new grant, including a grant for $25,000 from The Sanders Foundation

August 13, 2023

Posted financials

Added Form 990 for fiscal year 2021

July 3, 2023

Posted financials

Added Form 990 for fiscal year 2022

Nonprofit Types

School foundationsGrantmaking organizationsCharities

Issues

Education

Characteristics

Funds one specific organizationOperates donor advised fundsProvides grantsTax deductible donationsNo full-time employeesAccepts online donations

General information

Address: 130 E Seneca St 400; Ithaca, NY 14850
Metro area: Ithaca, NY
County: Tompkins County, NY
Website URL: giving.cornell.edu/ways-to-give/corporate/foundation/
Phone: (607) 254-1550

IRS details

EIN: 22-2848738
Fiscal year end: June
Taxreturn type: Form 990
Year formed: 1986
Eligible to receive tax-deductible contributions (Pub 78): Yes

Categorization

NTEE code, primary: B11: Education Single Organization Support
NAICS code, primary: 813211: Grantmaking Foundations
Parent/child status: Independent

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Cornell University Foundation

Program areas at Cornell University Foundation

Grants made by Cornell University Foundation

Who funds Cornell University Foundation

Personnel at Cornell University Foundation

Financials for Cornell University Foundation

Form 990s for Cornell University Foundation

Organizations like Cornell University Foundation

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