JOAN AND IRWIN JACOBS TECHNION-CORNELL INNOVATION INSTIT: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization: JOAN AND IRWIN JACOBS TECHNION-CORNELL INNOVATION INSTIT (EIN 46-4395157)
Tax period: 2023-06-30 to 2024-06-29
Filed: 2025-05-14
IRS object ID: 202511349349304781
Schema version: 2023v6.0
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule D
Schedule I
Schedule M
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2025-05-14T10:42:42+00:00	ReturnTs
Tax Period End	2024-06-29	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	440160260	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	Forvis Mazars LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	135 West 50th Street	AddressLine1Txt
City	New York	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	10020	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2023-06-30	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	464395157	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	JOAN AND IRWIN JACOBS TECHNION - CORNELL INSTITUTE INC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	JOAN	BusinessNameControlTxt
Phone	6072545898	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	2 WEST LOOP ROAD	AddressLine1Txt
City	NEW YORK	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	10044	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	MICHAEL WEISSMAN	PersonNm
Person Title	Treasurer	PersonTitleTxt
Signature	2025-05-14	SignatureDt
Discuss With Paid Preparer	false	DiscussWithPaidPreparerInd

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	Yes (true)	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	Aaron Shapiro	PreparerPersonNm
PTIN	P01333816	PTIN
Phone	2128127000	PhoneNum
Preparation	2025-05-14	PreparationDt

Field	Value	IRS element (for citing)
Tax	2023	TaxYr
Build TS	2025-03-06 01:10:19Z	BuildTS

Form 990 IRS990

Principal Ofcr Business Name PrincipalOfcrBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	MICHAEL WEISSMAN	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	2 WEST LOOP ROAD	AddressLine1Txt
City	NEW YORK	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	10044	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$35,381,055	GrossReceiptsAmt
Group Return For Affiliates	false	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	TECH.CORNELL.EDU	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	2012	FormationYr
Legal Domicile State	NY	LegalDomicileStateCd
Activity Or Mission	ADMINISTRATION OF DUAL MASTERS DEGREE PROGRAM AWARDED BY TECHNION-ISRAEL INSTITUTE OF TECHNOLOGY AND CORNELL PROVIDE RESEARCH ENVIRONMENT FOR FACULTY, RESEARCHERS AND STUDENTS.	ActivityOrMissionDesc
Voting Members Governing Body	8	VotingMembersGoverningBodyCnt
Voting Members Independent	8	VotingMembersIndependentCnt
Total Employee	0	TotalEmployeeCnt
Total Volunteers	11	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$3,568,594	PYContributionsGrantsAmt
CY Contributions Grants	$6,683,545	CYContributionsGrantsAmt
PY Program Service Revenue	$13,610,514	PYProgramServiceRevenueAmt
CY Program Service Revenue	$15,997,241	CYProgramServiceRevenueAmt
PY Investment Income	-$199,055	PYInvestmentIncomeAmt
CY Investment Income	$6,366,831	CYInvestmentIncomeAmt
PY Other Revenue	$12,464	PYOtherRevenueAmt
CY Other Revenue	$21,984	CYOtherRevenueAmt
PY Total Revenue	$16,992,517	PYTotalRevenueAmt
CY Total Revenue	$29,069,601	CYTotalRevenueAmt
PY Grants And Similar Paid	$3,993,504	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$3,528,322	CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid	$0	CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$24,088,946	PYOtherExpensesAmt
CY Other Expenses	$26,503,256	CYOtherExpensesAmt
PY Total Expenses	$28,082,450	PYTotalExpensesAmt
CY Total Expenses	$30,031,578	CYTotalExpensesAmt
PY Revenues Less Expenses	-$11,089,933	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	-$961,977	CYRevenuesLessExpensesAmt
Total Assets BOY	$199,052,060	TotalAssetsBOYAmt
Total Assets EOY	$203,412,008	TotalAssetsEOYAmt
Total Liabilities BOY	$1,048,819	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$717,384	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$198,003,241	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$202,694,624	NetAssetsOrFundBalancesEOYAmt
Mission	ADMINISTRATION OF DUAL MASTERS DEGREE PROGRAM AWARDED BY TECHNION-ISRAEL INSTITUTE OF TECHNOLOGY AND CORNELL UNIVERSITY. PROVIDE RESEARCH ENVIRONMENT FOR FACULTY, RESEARCHERS, AND STUDENTS.	MissionDesc
Significant New Program Srvc	false	SignificantNewProgramSrvcInd
Significant Change	false	SignificantChangeInd
Expense	$24,470,752	ExpenseAmt
Grant	$3,528,322	GrantAmt
Revenue	$15,997,241	RevenueAmt
Desc	THE JOAN AND IRWIN JACOBS TECHNION-CORNELL INSTITUTE, INC. (JACOBS) WAS FORMED IN APRIL 2013 TO ADMINISTER A DUAL MASTERS DEGREE PROGRAM AWARDED BY TECHNION-ISRAEL INSTITUTE OF TECHNOLOGY (TECHNION) AND CORNELL UNIVERSITY. THE PROGRAM CONDUCTS AND SUPPORTS SCIENTIFIC AND TECHNOLOGICAL RESEARCH AND ENCOURAGES THE DEVELOPMENT OF THE INDUSTRY.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Expense	$1,962,626	ExpenseAmt
Desc	JACOBS' RUNWAY PROGRAM IS A UNIQUE PROGRAM THAT GIVES RECENT PHD'S INTERESTED IN ENTREPENEURSHIP IN TECHNOLOGY THE OPPORTUNITY TO DRAW ON THEIR RESEARCH KNOWLEDGE TO LAUNCH NEW VENTURES WITH THE ACADEMIC, PROFESSIONAL, AND NETWORKING SUPPORT FROM JACOBS.	Desc

Field	Value	IRS element (for citing)
Total Program Service Expenses	$26,433,378	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (true)	DescribedInSection501c3Ind
Schedule B Required	Yes (true)	ScheduleBRequiredInd
Political Campaign Acty	false	PoliticalCampaignActyInd
Lobbying Activities	false	LobbyingActivitiesInd
Donor Advised Fund	false	DonorAdvisedFundInd
Conservation Easements	false	ConservationEasementsInd
Collections Of Art	false	CollectionsOfArtInd
Credit Counseling	false	CreditCounselingInd
Donor Rstr Or Quasi Endowments	Yes (true)	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (true)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	Yes (true)	ReportInvestmentsOtherSecInd
Report Program Related Invst	false	ReportProgramRelatedInvstInd
Report Other Assets	Yes (true)	ReportOtherAssetsInd
Report Other Liabilities	false	ReportOtherLiabilitiesInd
Include FIN48 Footnote	false	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (true)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	Yes (true)	ConsolidatedAuditFinclStmtInd
School Operating	false	SchoolOperatingInd
Foreign Office	false	ForeignOfficeInd
Foreign Activities	false	ForeignActivitiesInd
More Than5000 K To Org	false	MoreThan5000KToOrgInd
More Than5000 K To Individuals	false	MoreThan5000KToIndividualsInd
Professional Fundraising	false	ProfessionalFundraisingInd
Fundraising Activities	false	FundraisingActivitiesInd
Gaming Activities	false	GamingActivitiesInd
Operate Hospital	false	OperateHospitalInd
Grants To Organizations	Yes (true)	GrantsToOrganizationsInd
Grants To Individuals	false	GrantsToIndividualsInd
Schedule J Required	false	ScheduleJRequiredInd
Tax Exempt Bonds	false	TaxExemptBondsInd
Engaged In Excess Benefit Trans	false	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	false	PYExcessBenefitTransInd
Loan Outstanding	false	LoanOutstandingInd
Grant To Related Person	false	GrantToRelatedPersonInd
Business Rln With Org Mem	false	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	false	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	false	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	Yes (true)	DeductibleNonCashContriInd
Deductible Art Contribution	false	DeductibleArtContributionInd
Terminate Operations	false	TerminateOperationsInd
Partial Liquidation	false	PartialLiquidationInd
Disregarded Entity	false	DisregardedEntityInd
Related Entity	false	RelatedEntityInd
Related Organization Ctrl Ent	false	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	false	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	false	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (true)	ScheduleORequiredInd
IRP Document	0	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Employee	0	EmployeeCnt
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	false	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Taxable Party Notification	false	TaxablePartyNotificationInd
Nondeductible Contributions	false	NondeductibleContributionsInd
Quid Pro Quo Contributions	false	QuidProQuoContributionsInd
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	false	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	false	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	8	GoverningBodyVotingMembersCnt
Independent Voting Member	8	IndependentVotingMemberCnt
Family Or Business Rln	false	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	false	DelegationOfMgmtDutiesInd
Change To Org Documents	false	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	false	MaterialDiversionOrMisuseInd
Members Or Stockholders	false	MembersOrStockholdersInd
Election Of Board Members	Yes (true)	ElectionOfBoardMembersInd
Decisions Subject To Approva	Yes (true)	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (true)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (true)	MinutesOfCommitteesInd
Officer Mailing Address	false	OfficerMailingAddressInd
Local Chapters	false	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (true)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	false	ConflictOfInterestPolicyInd
Whistleblower Policy	Yes (true)	WhistleblowerPolicyInd
Document Retention Policy	false	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (true)	CompensationProcessCEOInd
Compensation Process Other	Yes (true)	CompensationProcessOtherInd
Investment In Joint Venture	false	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	NY	StatesWhereCopyOfReturnIsFldCd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	MICHAEL WEISSMAN	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	6072545898	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	377 PINE TREE ROAD	AddressLine1Txt
City	ITHACA	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	14850	ZIPCd

Field	Value	IRS element (for citing)
No Listed Persons Compensated	Yes (X)	NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (11 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt
MICHAEL KOTLIKOFF
TRUSTEE & PROVOST	2.0	Yes (X)	Yes (X)	$0	$0	$0
ARIEL ORDA
TRUSTEE	2.0	Yes (X)		$0	$0	$0
AVIGDOR GAL
TRUSTEE	2.0	Yes (X)		$0	$0	$0
GREG MORRISETT
TRUSTEE	2.0	Yes (X)		$0	$0	$0
LAURA SYER
TRUSTEE	2.0	Yes (X)		$0	$0	$0
MARK LEWIS
TRUSTEE	2.0	Yes (X)		$0	$0	$0
ODED RABINOVITCH
TRUSTEE	2.0	Yes (X)		$0	$0	$0
RAFI AVIRAM
TRUSTEE	2.0	Yes (X)		$0	$0	$0
DONICA THOMAS VARNER
SECRETARY	2.0		Yes (X)	$0	$0	$0
ISRAEL CIDON
DIRECTOR	50.0		Yes (X)	$0	$0	$0
MICHAEL WEISSMAN
TREASURER	2.0		Yes (X)	$0	$0	$0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$0	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$0	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	0	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	false	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	false	TotalCompGreaterThan150KInd
Compensation From Other Srcs	false	CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K	0	CntrctRcvdGreaterThan100KCnt
All Other Contributions	$6,683,545	AllOtherContributionsAmt
Noncash Contributions	$205,448	NoncashContributionsAmt
Total Contributions	$6,683,545	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TUITION	611710	$12,487,706	$12,487,706
RESEARCH	611710	$3,350,827	$3,350,827
APPLICATION FEES	611710	$48,316	$48,316
OTHER SOURCES	611710	$110,392	$110,392

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt
Related Or Exempt Func Income	$0	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$0	ExclusionAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$15,997,241	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$6,366,831	TotalRevenueColumnAmt
Exclusion	$6,366,831	ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$7,853	TotalRevenueColumnAmt
Exclusion	$7,853	ExclusionAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	$0	RealAmt
Personal	$0	PersonalAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$6,311,454	SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$6,311,454	SecuritiesAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$0	SecuritiesAmt
Other	$0	OtherAmt

Other Revenue Misc OtherRevenueMiscGrp

Field	Value	IRS element (for citing)
Desc	OTHER	Desc
Business	900099	BusinessCd
Total Revenue Column	$14,131	TotalRevenueColumnAmt
Exclusion	$14,131	ExclusionAmt

Miscellaneous Revenue MiscellaneousRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt
Related Or Exempt Func Income	$0	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$0	ExclusionAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$14,131	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$29,069,601	TotalRevenueColumnAmt
Related Or Exempt Func Income	$15,997,241	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$6,388,815	ExclusionAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part IX	Yes (X)	InfoInScheduleOPartIXInd

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$3,528,322	TotalAmt
Program Services	$3,528,322	ProgramServicesAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$206,838	TotalAmt
Management And General	$206,838	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$96,500	TotalAmt
Management And General	$96,500	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$22,732,952	TotalAmt
Program Services	$22,732,952	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$2,659,595	TotalAmt
Management And General	$2,659,595	ManagementAndGeneralAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$635,267	TotalAmt
Management And General	$635,267	ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$97,042	TotalAmt
Program Services	$97,042	ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$75,062	TotalAmt
Program Services	$75,062	ProgramServicesAmt

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$30,031,578	TotalAmt
Program Services	$26,433,378	ProgramServicesAmt
Management And General	$3,598,200	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$3,425,598	BOYAmt
EOY	$1,268,554	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$699,918	BOYAmt
EOY	$643,768	EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$455,778	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$271,524	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$173,013	BOYAmt
EOY	$184,254	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$169,315,332	BOYAmt
EOY	$186,775,420	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

Field	Value	IRS element (for citing)
BOY	$9,936,177	BOYAmt
EOY	$1,214,919	EOYAmt

Intangible Assets IntangibleAssetsGrp

Field	Value	IRS element (for citing)
BOY	$515,220	BOYAmt
EOY	$720,669	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$14,986,802	BOYAmt
EOY	$12,604,424	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$199,052,060	BOYAmt
EOY	$203,412,008	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$1,048,819	BOYAmt
EOY	$681,033	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
EOY	$36,351	EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$1,048,819	BOYAmt
EOY	$717,384	EOYAmt

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$15,601,199	BOYAmt
EOY	$13,257,730	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$182,402,042	BOYAmt
EOY	$189,436,894	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$198,003,241	BOYAmt
EOY	$202,694,624	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$199,052,060	BOYAmt
EOY	$203,412,008	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	-$961,977	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$5,653,360	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	$0	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	false	AccountantCompileOrReviewInd
FS Audited	Yes (true)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Consol And Sep Basis Fincl Stmt	Yes (X)	ConsolAndSepBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (true)	AuditCommitteeInd
Federal Grant Audit Required	false	FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Public Organization170	Yes (X)	PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$17,530,429	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$3,138,898	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$8,157,117	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$3,568,594	CurrentTaxYearMinus1YearAmt
Current Tax Year	$6,683,545	CurrentTaxYearAmt
Total	$39,078,583	TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$17,530,429	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$3,138,898	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$8,157,117	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$3,568,594	CurrentTaxYearMinus1YearAmt
Current Tax Year	$6,683,545	CurrentTaxYearAmt
Total	$39,078,583	TotalAmt

Field	Value	IRS element (for citing)
Substantial Contributors Tot	$5,000,302	SubstantialContributorsTotAmt
Public Support Total170	$34,078,281	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	-$1,485,211	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$5,566,761	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$6,343,890	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$6,165,913	CurrentTaxYearMinus1YearAmt
Current Tax Year	$6,374,684	CurrentTaxYearAmt
Total	$22,966,037	TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Other Income170 OtherIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$0	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$0	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$679,413	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$4,277	CurrentTaxYearMinus1YearAmt
Current Tax Year	$14,131	CurrentTaxYearAmt
Total	$697,821	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$62,742,441	TotalSupportAmt
Gross Receipts Rltd Activities	$59,529,540	GrossReceiptsRltdActivitiesAmt
Public Support CY170	0.5431	PublicSupportCY170Pct
Public Support PY170	0.5612	PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170	Yes (X)	ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

Field	Value	IRS element (for citing)
Form And Line Reference	Schedule A, Part II, Line 10 Other Income	FormAndLineReferenceDesc
Explanation	DESCRIPTION - , COLUMN A - , COLUMN B - , COLUMN C - 679413.0, COLUMN D - 4277.0, COLUMN E - 14131.0, COLUMN F - 697821.0;	ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$169,315,332	BeginningYearBalanceAmt
Contributions	$2,824,158	ContributionsAmt
Investment Earnings Or Losses	$13,401,417	InvestmentEarningsOrLossesAmt
Other Expenditures	$6,311,454	OtherExpendituresAmt
End Year Balance	$179,229,453	EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$168,791,006	BeginningYearBalanceAmt
Contributions	$1,600,000	ContributionsAmt
Investment Earnings Or Losses	$4,989,654	InvestmentEarningsOrLossesAmt
Other Expenditures	$6,065,328	OtherExpendituresAmt
End Year Balance	$169,315,332	EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$170,451,503	BeginningYearBalanceAmt
Contributions	$6,595,000	ContributionsAmt
Investment Earnings Or Losses	-$2,752,165	InvestmentEarningsOrLossesAmt
Other Expenditures	$5,503,332	OtherExpendituresAmt
End Year Balance	$168,791,006	EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$121,059,862	BeginningYearBalanceAmt
Contributions	$4,210,462	ContributionsAmt
Investment Earnings Or Losses	$48,897,248	InvestmentEarningsOrLossesAmt
Other Expenditures	$3,716,069	OtherExpendituresAmt
End Year Balance	$170,451,503	EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$122,979,253	BeginningYearBalanceAmt
Contributions	$3,643,750	ContributionsAmt
Investment Earnings Or Losses	$1,202,627	InvestmentEarningsOrLossesAmt
Other Expenditures	$6,765,768	OtherExpendituresAmt
End Year Balance	$121,059,862	EndYearBalanceAmt

Field	Value	IRS element (for citing)
Prmnnt Endowment Balance EOY	0.735	PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY	0.265	TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org	Yes (true)	EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org	false	EndowmentsHeldRelatedOrgInd

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$455,778	OtherCostOrOtherBasisAmt
Depreciation	$271,524	DepreciationAmt
Book Value	$184,254	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$184,254	TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp

Field	Value	IRS element (for citing)
Desc	CORNELL LT INVESTMENT POOL	Desc
Book Value	$186,775,420	BookValueAmt
Method Valuation	F	MethodValuationCd

Field	Value	IRS element (for citing)
Total Book Value Securities	$186,775,420	TotalBookValueSecuritiesAmt

Other Assets Org OtherAssetsOrgGrp

Field	Value	IRS element (for citing)
Desc	FUNDS HELD AT CORNELL	Desc
Book Value	$12,604,424	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Other Assets	$12,604,424	TotalBookValueOtherAssetsAmt
Total Rev Etc Audited Fincl Stmt	$31,726,357	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	$5,653,360	NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts	$207,800	DonatedServicesAndUseFcltsAmt
Other Revenue	$0	OtherRevenueAmt
Revenue Not Reported	$5,861,160	RevenueNotReportedAmt
Revenue Subtotal	$25,865,197	RevenueSubtotalAmt
Other Revenues Not Included	$3,204,404	OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt	$3,204,404	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$29,069,601	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$27,034,974	TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts	$207,800	DonatedServicesUseFcltsAmt
Other Expenses Included	$0	OtherExpensesIncludedAmt
Expenses Not Reported	$207,800	ExpensesNotReportedAmt
Expenses Subtotal	$26,827,174	ExpensesSubtotalAmt
Other Expenses Not Included	$3,204,404	OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt	$3,204,404	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$30,031,578	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Schedule D, Part X, Line 2	MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS.
Schedule D, Part V, Line 4 Intended uses of endowment funds	JACOBS' ENDOWMENT ASSETS ARE MANAGED BY CORNELL UNIVERSITY. CORNELL'S BOARD OF TRUSTEES HAS OVERSIGHT FOR THE MANAGEMENT OF CORNELL'S ENDOWMENT, IN WHICH JACOBS PARTICIPATES, INCLUDING INVESTMENT POLICY, OBJECTIVES, AND GUIDELINES FOR ASSET ALLOCATION AND ANNUAL DISTRIBUTION. JACOBS WILL USE ITS ENDOWMENT FUNDS TO FURTHER ITS TAX EXEMPT MISSION AS DESCRIBED IN ITS FUNDING AGREEMENT.
Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements	Financial Aid - 3204404
Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements	Financial Aid - 3204404

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (true)	GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Cornell University	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	341 Pine Tree Road	AddressLine1Txt
City	Ithaca	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	14850	ZIPCd

Field	Value	IRS element (for citing)
Recipient EIN	150532082	RecipientEIN
IRC Section	501(c)(3)	IRCSectionDesc
Cash Grant	$3,204,404	CashGrantAmt
Purpose Of Grant	TUITION ASSISTANCE	PurposeOfGrantTxt

Field	Value	IRS element (for citing)
Total501c3 Org	1	Total501c3OrgCnt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds.	FormAndLineReferenceDesc
Explanation	JACOBS ADMINISTERS THE MASTERS AND PHD PROGRAMS WHILE CORNELL AND TECHNION JOINTLY DETERMINE THE SELECTION CRITERIA FOR GRANTS AND AWARDS AS THEY ARE THE DEGREE GRANTING INSTITUTIONS. THE JACOBS ADMISSION COMMITTEE DETERMINES INDIVIDUAL STUDENT ELIGIBILITY FOR AWARDS, IN LINE WITH AVAILABLE RESOURCES AND ADMISSION GOALS. THE FUNDING FOR THESE GRANTS AND AWARDS IS THEN PAID TO CORNELL UNIVERSITY, TO PROVIDE TO THE INDIVIDUAL STUDENTS ADMITTED INTO THE JACOBS PROGRAMS. APPROXIMATELY 167 STUDENTS RECEIVED FINANCIAL AID FROM JACOBS THROUGH THIS PROCESS.	ExplanationTxt

Schedule M IRS990ScheduleM

Other Non Cash Contri Table OtherNonCashContriTableGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Desc	Cryptocurrencies	Desc
Noncash Contributions Rpt F990	$205,448	NoncashContributionsRptF990Amt
Method Of Determining Revenues	Market value	MethodOfDeterminingRevenuesTxt

Field	Value	IRS element (for citing)
Any Property That Must Be Held	false	AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts	false	ReviewProcessUnusualNCGiftsInd
Third Parties Used	false	ThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Form 990, Part VI, Line 7a Members or stockholders electing members of governing body	THE BOARD CONSISTS OF FOUR DIRECTORS NOMINATED BY EACH UNIVERSITY (CORNELL AND THE TECHNION), ACCORDING TO THE SPECIFICATIONS IN THE BYLAWS.
Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders	GOVERNANCE DECISIONS ARE MADE THROUGH THE BOARD OF DIRECTORS, WHICH ARE ELECTED AND FILLED BY BOTH CORNELL AND TECHNION. ANY DECISIONS CONCERNING THE BUDGET, FINANCIAL STATEMENTS, AND AUDIT ARE APPROVED BY THE FINANCE AND AUDIT SUBCOMMITTEE, WHICH CONSISTS OF THE JACOB'S DIRECTOR AND BOARD TREASURER, IN ADDITION TO MEMBERS OUTSIDE OF THE GOVERNING BODY WHICH INCLUDES CORNELL UNIVERSITY'S VP OF FINANCE, CORNELL TECH'S CHIEF ADMINISTRATIVE OFFICER, AND TECHNION'S VP FOR FINANCE AND ADMINISTRATION. THE JACOBS STEERING COMMITTEE WAS CREATED TO PROVIDE SUPPORT AND STRATEGIC GUIDANCE TO THE JACOBS DIRECTOR AND THE JACOBS BOARD OF DIRECTORS IN JACOBS EDUCATIONAL, RESEARCH, AND INNOVATION ACTIVITIES. CANDIDATES FOR MEMBERSHIP WILL BE RECOMMENDED AND APPROVED BY THE JACOBS DIRECTOR, MEMBERS OF THE JACOBS BOARD OF DIRECTORS, AND BY THE PRESIDENTS OF CORNELL UNIVERSITY AND THE TECHNION, THE LATTER NOT BEING MEMBERS OF THE JACOBS BOARD OF DIRECTORS AND GOVERNING BODY.
Form 990, Part VI, Line 11b Review of form 990 by governing body	THE 990 WAS REVIEWED BY BOTH THE JACOBS DIRECTOR AND THE BOARD OF DIRECTORS. ANY QUESTIONS ON THE RETURN ARE BROUGHT UP AND DISCUSSED WITH THE PREPARER. ONCE THE 990 IS AGREED UPON, THE PREPARER GETS APPROVAL TO FILE.
Form 990, Part VI, Line 15a Process to establish compensation of top management official	JACOBS DOES NOT HAVE ANY EMPLOYEES, BUT RATHER THEY ARE EMPLOYED THROUGH CORNELL UNIVERSITY. ALL COMPENSATION CONCERNS FOR THE JACOBS DIRECTOR AND OTHER TOP MANAGEMENT GOES THROUGH THE AUTHORIZATION PROCEDURES ESTABLISHED BY CORNELL UNIVERSITY.
Form 990, Part VI, Line 19 Required documents available to the public	AS NOTED ABOVE, JACOBS FOLLOWS THE CORNELL UNIVERSITY CONFLICT OF INTEREST, WHISTLEBLOWER, AND DOCUMENT RETENTION AND DESTRUCTION POLICIES. THESE DOCUMENTS ARE AVAILABLE TO THE PUBLIC THROUGH THE CORNELL UNIVERSITY WEBSITE (WWW.CORNELL.EDU). THE JACOBS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE NOT YET AVAILABLE ON THE INTERNET; HOWEVER, THEY ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
Form 990, Part IX, Line 11g Other Fees	Other Fees - Total Expense: 22732952, Program Service Expense: 22732952, Management and General Expenses: , Fundraising Expenses: ;