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Cornell University Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 222848738 ✦ Ithaca, NY ✦ Designated as a 501(c)(3)

Overview

What is Cornell University Foundation?

The Cornell University Foundation, located at 130 East Seneca Street 400, Ithaca, NY 14850, functions as a donor-advised fund for Cornell University and other charitable organizations. This nonprofit organization facilitates charitable giving for Cornell alumni and friends. By using the structure of a donor-advised fund, it allows contributors to make thoughtful, informed charitable decisions and grants to various causes, all while receiving tax benefits. The Cornell University Foundation serves as a vital intermediary for those who wish to support Cornell University and other deserving charities.


Official website here: www.alumni.cornell.giftplans.org/

Is Cornell University Foundation legitimate?

Cornell University Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cornell University Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.alumni.cornell.giftplans.org/

What is the mission statement of Cornell University Foundation?

The Cornell University Foundation serves as a donor-advised fund, catering to Cornell alumni and supporters who wish to make charitable donations. By facilitating this giving structure, the organization enables individuals to make a significant impact on various causes. The Cornell University Foundation distributes funds to both Cornell University and other eligible charitable organizations, as per the donors' advisements. In essence, it bridges the gap between generous donors and the charitable organizations they wish to support.


Official website here: www.alumni.cornell.giftplans.org/

Who is the CEO of Cornell University Foundation?

Wendell L Bryce is the Trustee of Cornell University Foundation.


Official website here: www.alumni.cornell.giftplans.org/

What is the revenue of Cornell University Foundation?

Cornell University Foundation's revenue in 2022 was $18,329,237.


Official website here: www.alumni.cornell.giftplans.org/

Who are the executives of Cornell University Foundation and what are their salaries?

Here are 4 key members and their salaries:

    Nelson Schaenen Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wendell L Bryce (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David C Costine (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tracy Cary (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.alumni.cornell.giftplans.org/

    Where can I find the form 990 for Cornell University Foundation?

    The Cornell University Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.alumni.cornell.giftplans.org/

    Learn more at the official website: www.alumni.cornell.giftplans.org/

    Mission Statement of Cornell University Foundation

    The Cornell University Foundation serves as a charitable intermediary, catering to the giving needs of Cornell alumni and friends. In this role, it facilitates the creation and management of donor-advised funds. By offering this service, the organization enables supporters to make charitable contributions in a structured and efficient manner.

    The Cornell University Foundation's primary mission lies in providing a platform for philanthropy. It enables individuals to make a significant impact on the causes they care about, including Cornell University and various other charitable organizations. The foundation facilitates the allocation of funds, ensuring they are distributed in accordance with the donors' wishes.

    In essence, the Cornell University Foundation acts as a vital link between generous donors and worthy causes. It empowers individuals to make a difference, enabling them to support the initiatives that resonate with them most. By offering a donor-advised fund structure, the organization makes charitable giving accessible and convenient for a wide range of individuals, ultimately contributing to the betterment of various causes and communities.

    Impact

    This information is meant to be a general summary of Cornell University Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Cornell University Foundation's impact lies in facilitating charitable giving for Cornell alumni and friends through its donor-advised fund structure. By providing this service, the nonprofit helps individuals support Cornell University and other charitable organizations. Through its mission, the Cornell University Foundation effectively channels resources towards education and philanthropic causes, making a positive contribution to society.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $989,653
  • Program Service Revenue: $0
  • Gross Receipts: $45,213,011

    • Assets and Liabilities:
  • Total Assets: $167,185,531
  • Total Liabilities: $1,326,800
  • Net Assets: $165,858,731
  • Organization Details

    Founding Year

    1986

    Principal Officer

    Wendell L Bryce

    Main Address

    130 EAST SENECA STREET 400, ITHACA, NY, 14850

    NTEE Category

    Code: B43I - Education

    If you are a representative of Cornell University Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.