CORNELL RESEARCH FOUNDATION INC: Form 990, tax year 2009
View the entire original 990 at ProPublica ↗
- Organization
- CORNELL RESEARCH FOUNDATION INC (EIN 16-6050703)
- Tax period
- 2009-07-01 to 2010-06-30
- Filed
- 2011-05-10
- IRS object ID
- 201121309349301872
- Schema version
- 2009v1.7
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-05-10T13:49:49-05:00 | Timestamp |
| Tax Period End Date | 2010-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Sciarabba Walker & Co LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 E Buffalo St Suite 402 | AddressLine1 |
| City | Ithaca | City |
| State | NY | State |
| ZIP Code | 14850 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2009-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 166050703 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CORNELL RESEARCH FOUNDATION INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | CORN | NameControl |
| Phone | 6072571081 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 395 Pine Tree Road Suite 310 | AddressLine1 |
| City | Ithaca | City |
| State | NY | State |
| ZIP Code | 14850 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ALAN PAAU | Name |
| Title | PRESIDENT | Title |
| Phone | 6072571081 | Phone |
| Date Signed | 2011-05-10 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Rita J French | Name |
| Phone | 6072725550 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2009 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
Doing Business As DoingBusinessAs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Cornell Center for Technology | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | ALAN PAAU | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 395 Pine Tree Road Suite 310 | AddressLine1 |
| City | Ithaca | City |
| State | NY | State |
| ZIP Code | 14850 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 92861737 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | www.cctec.cornell.edu | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1932 | YearFormation |
| State Legal Domicile | NY | StateLegalDomicile |
| Activity Or Mission Description | TO FOSTER INVENTIVENESS AT CORNELL AND PROTECT AND MANAGE CORNELL'S INTELLECTUAL PROPERTY. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 5 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 5 | NbrIndependentVotingMembers |
| Total Nbr Employees | 0 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | -691 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -940 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 8070290 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 92713774 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 44727 | InvestmentIncomePriorYear |
| Investment Income Current Year | 148644 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 142 | OtherRevenuePriorYear |
| Other Revenue Current Year | -691 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 8115159 | TotalRevenuePriorYear |
| Total Revenue Current Year | 92861727 | TotalRevenueCurrentYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 2934174 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 2656700 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 705 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 11251125 | OtherExpensePriorYear |
| Other Expenses Current Year | 31561789 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 14185299 | TotalExpensesPriorYear |
| Total Expenses Current Year | 34218489 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -6070140 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 58643238 | RevenuesLessExpensesCY |
| Total Assets BOY | 50172 | TotalAssetsBOY |
| Total Assets EOY | 57046579 | TotalAssetsEOY |
| Total Liabilities BOY | 66461347 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 64814517 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | -66411175 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | -7767938 | NetAssetsOrFundBalancesEOY |
| Mission Description | The organization's mission is to foster inventiveness at Cornell, protect Cornell's intellectual property interests and manage those interests for the benefit of Cornell, its inventors and the public. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 33685514 | Expense |
| Revenue | 92862418 | Revenue |
| Description | CORNELL RESEARCH FOUNDATION (CRF) HOLDS PATENTS ON TECHNICAL PROCESSES DEVELOPED BY CORNELL UNIVERSITY'S FACULTY AND STAFF. INCOME FROM HOLDING THE PROPERTY INURES TO THE BENEFIT OF CORNELL, A SECTION 501(C)(3) RESEARCH UNIVERSITY. CRF HOLDS A TOTAL OF 1,451 PATENTS. FOR FISCAL YEAR ENDED JUNE 30, 2010 CRF APPLIED FOR 407 NEW PATENTS (99 were filed for Cornell University for a total of 407 applications). | Description |
| Total Program Service Expense | 33685514 | TotalProgramServiceExpense |
| Described In501 C3 | 0 | DescribedIn501C3 |
| Schedule B Required | 0 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Balance Sheet Amounts Reported | 1 | BalanceSheetAmountsReported |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 326 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 0 | NumberOfEmployees |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Nbr Voting Governing Body Members | 5 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 5 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 0 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 0 | ConflictOfInterestPolicy |
| Whistleblower Policy | 0 | WhistleblowerPolicy |
| Document Retention Policy | 0 | DocumentRetentionPolicy |
| Compensation Process CEO | 0 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 1 | InvestmentInJointVenture |
| Written Policy Or Procedure | 0 | WrittenPolicyOrProcedure |
| States Where Copy Of Return Is Filed | NY | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LEWIS GOODWIN | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 6072542347 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 395 PINE TREE ROAD SUITE 310 | AddressLine1 |
| City | ITHACA | City |
| State | NY | State |
| ZIP Code | 14850 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (6 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| robert burhman | ||||||
| CHairman | 1.00 | X | X | 0 | 0 | 0 |
| PATRICIA JOHNSON | ||||||
| Treasurer | 1.00 | X | X | 0 | 0 | 0 |
| MICHAEL KIMBERLY | ||||||
| Secretary | 1.00 | X | X | 0 | 0 | 0 |
| JOHN E ALEXANDER | ||||||
| Director | 1.00 | X | 0 | 0 | 0 | |
| ALAN PAAU | ||||||
| PRESIDENT | 40.00 | X | 0 | 364664 | 6700 | |
| Richard Cahoon | ||||||
| prev chief operating officer | 40.00 | X | 0 | 252476 | 0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 0 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 617140 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 6700 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| Nixon Peabody LLP | |||||
| Clinton Square | Rochester | NY | 14603 | patent application prep and prosecution | 1881843 |
| Sidley Austin LLP | |||||
| 555 W Fifth Street | Los Angeles | CA | 90013 | patent litigation services | 705419 |
| Schwegman Lundberg & Woessner | |||||
| 1600 TCF Tower 121 South Eighth St | Minneapolis | MN | 55402 | patent prosecution services | 566486 |
| Computer Packages Inc | |||||
| 414 Hungerford Drive | rockville | MD | 20850 | intellectual property tracking services | 418605 |
| bacon and thomas | |||||
| 625 Slaters lane - 4th floor | alexandria | VA | 22314 | patent prosecution services | 348848 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 15 | NumberOfContractorsGT100K |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| patent infringement in | 900099 | 74500000 | 74500000 |
| Patent Royalties | 541900 | 14213774 | 14213774 |
| Cornell University Pym | 541900 | 4000000 | 4000000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 92713774 | TotalProgramServiceRevenue |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 148654 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 10 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 148644 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 148644 | TotalRevenueColumn |
| Related Or Exempt Function Income | 148644 | RelatedOrExemptFunctionIncome |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | VET-AIRE S Corp | Description |
| Business Code | 541700 | BusinessCode |
| Total Revenue Column | -691 | TotalRevenueColumn |
| Unrelated Business Revenue | -691 | UnrelatedBusinessRevenue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | -691 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 92861727 | TotalRevenueColumn |
| Related Or Exempt Function Income | 92862418 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | -691 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 375505 | Total |
| Program Services | 319179 | ProgramServices |
| Management And General | 56326 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1615032 | Total |
| Program Services | 1372780 | ProgramServices |
| Management And General | 242252 | ManagementAndGeneral |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 199054 | Total |
| Program Services | 169196 | ProgramServices |
| Management And General | 29858 | ManagementAndGeneral |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 294927 | Total |
| Program Services | 250688 | ProgramServices |
| Management And General | 44239 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 172182 | Total |
| Program Services | 146354 | ProgramServices |
| Management And General | 25828 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5995165 | Total |
| Program Services | 5995165 | ProgramServices |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1737 | Total |
| Program Services | 1737 | ProgramServices |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 47771 | Total |
| Program Services | 40605 | ProgramServices |
| Management And General | 7166 | ManagementAndGeneral |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 33334 | Total |
| Program Services | 28334 | ProgramServices |
| Management And General | 5000 | ManagementAndGeneral |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 24592845 | Total |
| Program Services | 24592845 | ProgramServices |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 13311 | Total |
| Program Services | 11314 | ProgramServices |
| Management And General | 1997 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 34274 | Total |
| Program Services | 32750 | ProgramServices |
| Management And General | 819 | ManagementAndGeneral |
| Fundraising | 705 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 33992 | Total |
| Program Services | 28893 | ProgramServices |
| Management And General | 5099 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2891 | Total |
| Program Services | 2457 | ProgramServices |
| Management And General | 434 | ManagementAndGeneral |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| WEILL MEDICAL COLLEGE E | 515759 | 438395 | 77364 |
| SERVICES | 127645 | 108498 | 19147 |
| BI-CAMPUS MANAGEMENT | 63518 | 53990 | 9528 |
| COMMUNICATIONS | 31062 | 26403 | 4659 |
| MARKET RESEARCH SUBSCRI | 28500 | 28500 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 39985 | Total |
| Program Services | 37431 | ProgramServices |
| Management And General | 2554 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 34218489 | Total |
| Program Services | 33685514 | ProgramServices |
| Management And General | 532270 | ManagementAndGeneral |
| Fundraising | 705 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1 | BOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4494 | BOY |
| EOY | 3793 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 57000000 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 42786 | BOY |
| EOY | 42786 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 59684 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 59684 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2891 | BOY |
| EOY | 0 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 50172 | BOY |
| EOY | 57046579 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2950975 | BOY |
| EOY | 16990345 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 63510372 | BOY |
| EOY | 47824172 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 66461347 | BOY |
| EOY | 64814517 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -66411175 | BOY |
| EOY | -7767938 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -66411175 | BOY |
| EOY | -7767938 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 50172 | BOY |
| EOY | 57046579 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 0 | FSAudited |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule D IRS990ScheduleD
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 52592 | OtherCostOrOtherBasis |
| Depreciation | 52592 | Depreciation |
| Book Value | 0 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 7092 | OtherCostOrOtherBasis |
| Depreciation | 7092 | Depreciation |
| Book Value | 0 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 0 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| due to cornell university | $47,768,748 |
| Outstanding checks | $55,424 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 47824172 | TotalOfAmounts |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
Form990 Schedule J Part II Form990ScheduleJPartII (2 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ALAN PAAU | |||||||||||||
| 0 | 309764 | 0 | 38400 | 0 | 16500 | 0 | 0 | 0 | 6700 | 0 | 371364 | 0 | 0 |
| Richard Cahoon | |||||||||||||
| 0 | 244326 | 0 | 8150 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 252476 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Supplemental Information | Identifier |
| Return Reference | Part III | ReturnReference |
| Explanation | SCHEDULE J, PART I, QUESTION 3: THIS SECTION WAS NOT COMPLETED BECAUSE THE COMPENSATION DECISIONS WERE MADE BY CORNELL UNIVERSITY, a 501 (C)(3) related oRGANIZATION, NOT CORNELL RESEARCH FOUNDATIOn. CORNELL RESEARCH FOUNDATION DOES NOT HAVE ACCESS TO INFORMATION REGARDING CORNELL UNIVERSITY COMPENSATION DECISIONS. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (9 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| Form 990, Part VI, Section B, line 11 | THE FORM 990 IS REVIEWED BY THE TREASURER BEFORE IT IS FILED. | |
| Form 990, Part VI, Section C, line 19 | These documents are not available to the public. | |
| PART V LINE 2A and 2B | ALL EMPLOYEES OF THE FOUNDATION ARE TREATED AS EMPLOYEES OF CORNELL UNIVERSITY AND ARE INCLUDED IN PAYROLL REPORTS FILED BY THE UNIVERSITY. THEREFORE, THE FOUNDATION DOES NOT FILE ANY W-2S, W-3S OR FEDERAL EMPLOYMENT TAX RETURNS. | W-3 |
| PART VI, LINE 12A | THE FOUNDATION DOES NOT HAVE A CONFLICT OF INTEREST POLICY. THE BOARD MEMBERS AND EMPLOYEES FOLLOW THE CORNELL UNIVERSITY CONFLICT OF INTEREST POLICY AS THEY ARE EMPLOYEES OF CORNELL. | CONFLICT OF INTEREST POLICY |
| PART VI, LINE 13 | THE FOUNDATION DOES NOT HAVE A WRITTEN WHISTLEBLOWER POLICY. THE EMPLOYEES HAVE ACCESS TO THE CORNELL UNIVERSITY WHISTLEBLOWER POLICY AS THEY ARE EMPLOYEES OF CORNELL. | WHISTLEBLOWER POLICY |
| PART VI, LINE 14 | THE FOUNDATION DOES NOT HAVE A DOCUMENT RETENTION POLICY. THE FOUNDATION STAFF FOLLOWS THE CORNELL UNIVERSITY DOCUMENT RETENTION POLICY. | DOCUMENT RETENTION POLICY |
| PART VI, LINE 15 | THE FOUNDATION DOES HAVE A PROCESS FOR DETERMINING COMPENSATION. CORNELL UNIVERSITY, WHICH EMPLOYS THE FOUNDATION STAFF AND PRESIDENT DOES HAVE A PROCESS FOR DETERMINING COMPENSATION. | DETERMINING COMPENSATION |
| Part VI line 16A | THE ORGANIZATION HAS A DE MINIMUS (8%) INTEREST IN ONE S Corporation that has patent rights from CRF. AS A POLICY, THE ORGANIZATION WILL NOT ENTER INTO JOINT VENTURES. THEREFORE, IT DOES NOT NEED A WRITTEN POLICY TO MANAGE JOINT VENTURES. | JOINT VENTURES |
| PART VII, LINE 1A | THE BOARD SERVES WITHOUT COMPENSATION. THE TREASURER AND SECRETARY SERVE WITHOUT COMPENSATION. THEY ARE EMPLOYEES OF A RELATED ORGANIZATION, CORNELL UNIVERSITY. THEIR COMPENSATION AND BENEFITS FROM THE AFFILIATED ORGANIZATION EXCEED $100,000. THE PRESIDENT OF THE FOUNDATION IS ALSO AN EMPLOYEE OF CORNELL UNIVERSITY. THE FOUNDATION REIMBURSES CORNELL FOR HIS SALARY AND BENEFITS. | OFFICERS AND DIRECTORS |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CORNELL UNIVERSITY | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 341 PINE TREE ROAD | AddressLine1 |
| City | ITHACA | City |
| State | NY | State |
| ZIP Code | 14850 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 150532082 | EIN |
| Primary Activities | A 501(C)(3) ORGANIZATION THAT IS AN INSTITUTION OF HIGHER EDUCATION | PrimaryActivities |
| Legal Domicile State | NY | LegalDomicileState |
| Exempt Code Section | 501(C)(3) | ExemptCodeSection |
| Public Charity Status | 170(b)(1) (A)(vi) | PublicCharityStatus |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 1 | SharingOfFacilities |
| Sharing Of Paid Employees | 1 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 1 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 1 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (3 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved |
|---|---|
| CORNELL UNIVERSITY | |
| O | 2656701 |
| CORNELL UNIVERSITY | |
| O | 515759 |
| CORNELL UNIVERSITY | |
| P | 4000000 |
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