CORNELL UNIVERSITY

ITHACA, NY, 14850-2820 (607) 255-3790 Est. 1865 EIN 15-0532082

B430— Education Form 990 501(c)(3)

WWW.CORNELL.EDU

Mission

SEE SCHEDULE O

Giving Portfolio

Total Grants

1,713

Total Giving

$546.5M

Recipients

1,711

Years Active

2017 - 2023

Avg grant: $317,912 Median: $89,378

Yearly Trends

Year	Grants	Total Giving	Avg Grant	New	Repeat
2023	331	$120.8M	$365K	68	263
2022	312	$94.6M	$303K	36	275
2021	299	$92.6M	$310K	57	241
2020	247	$84.4M	$342K	44	203
2019	263	$85.3M	$324K	87	176
2017	261	$68.8M	$264K	261	0

Sectors Funded

Education

432

Health Care

201

Medical Research

78

Science & Technology

59

Diseases & Disorders

34

Arts, Culture & Humanities

25

Human Services

21

Environment

17

and 16 more sectors

Top States

New York

434

Massachusetts

122

California

119

Texas

85

Illinois

65

Florida

55

Pennsylvania

54

Maryland

44

and 42 more states

Grantee Size Profile

Over $50M

650

$10M - $50M

105

$1M - $5M

81

$5M - $10M

39

$100K - $500K

29

$500K - $1M

14

Under $100K

4

Top Grantees

DUKE UNIVERSITY

NC - 6 grants

$8.3M

MEMORIAL SLOAN-KETTERING CANCER CENTER

NY - 2 grants

$7.5M

UNIVERSITY OF MASSACHUSETTS

MA - 4 grants

$7.3M

TRUSTEES OF COLUMBIA UNIVERSITY

NY - 3 grants

$7.0M

UNIVERSITY OF CHICAGO

IL - 5 grants

$7.0M

BOYCE THOMPSON INSTITUTE FOR PLANT RESEARCH INC

NY - 6 grants

$6.9M

Sathguru Inc

MA - 6 grants

$6.8M

MASS GENERAL BRIGHAM INCORPORATED

MA - 5 grants

$6.8M

THE BOARD OF TRUSTEES OF THE UNIVERSITY OF ILLINOIS

IL - 3 grants

$6.5M

RUTGERS ALUMNI ASSOCIATION

NJ - 2 grants

$6.4M

and 15 more grantees

Grants Awarded · 1213 grants

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Financials

Total Revenue

$6,551,885,454

Total Expenses

$6,409,742,353

Net Assets

$13,784,965,555

47,247 employees 5,339 volunteers

From latest filing (tax period ending 2024-06-30)

Financial Health

Operating Reserve

2.1 years Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↑ 11.5%

Expenses ↑ 9.6%

Revenue Sources

Contributions 9.5% Earned revenue 79.2% Investment 10.8% Other 1.0%

Expense Breakdown

Program 93.4% Management 5.7% Fundraising 0.9%

Officers & Trustees (80)

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Filing History (6 filings)

Year	Revenue	Expenses	Net Assets
2023 Form 990	$6,551,885,454 ↑	$6,409,742,353	$13,784,965,555
2022 Form 990	$5,877,363,039 ↓	$5,846,117,271	$13,336,850,241
2021 Form 990	$6,503,011,003 ↑	$5,456,954,931	$13,295,018,080
2020 Form 990	$6,105,457,911 ↑	$5,392,092,121	$13,044,507,155
2019 Form 990	$5,126,693,316 ↑	$5,178,905,382	$10,020,821,856
2017 Form 990	$5,023,263,037	$4,604,733,720	$10,295,620,673