JOAN AND IRWIN JACOBS TECHNION-CORNELL INNOVATION INSTIT: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization: JOAN AND IRWIN JACOBS TECHNION-CORNELL INNOVATION INSTIT (EIN 46-4395157)
Tax period: 2024-07-01 to 2025-06-30
Filed: 2026-05-14
IRS object ID: 202621349349306822
Schema version: 2024v5.1
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 O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2026-05-14T16:16:38+00:00	ReturnTs
Tax Period End	2025-06-30	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	2024-07-01	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	2026-05-14	SignatureDt
Discuss With Paid Preparer	Yes (true)	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	Lauren Denton	PreparerPersonNm
PTIN	P01571860	PTIN
Phone	2128127000	PhoneNum
Preparation	2026-05-14	PreparationDt

Field	Value	IRS element (for citing)
Tax	2024	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	$42,096,275	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	12	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
PY Contributions Grants	$6,683,545	PYContributionsGrantsAmt
CY Contributions Grants	$4,905,529	CYContributionsGrantsAmt
PY Program Service Revenue	$15,997,241	PYProgramServiceRevenueAmt
CY Program Service Revenue	$17,724,124	CYProgramServiceRevenueAmt
PY Investment Income	$6,366,831	PYInvestmentIncomeAmt
CY Investment Income	$7,065,203	CYInvestmentIncomeAmt
PY Other Revenue	$21,984	PYOtherRevenueAmt
CY Other Revenue	$1,711,314	CYOtherRevenueAmt
PY Total Revenue	$29,069,601	PYTotalRevenueAmt
CY Total Revenue	$31,406,170	CYTotalRevenueAmt
PY Grants And Similar Paid	$3,528,322	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$2,546,741	CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$0	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$0	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$26,503,256	PYOtherExpensesAmt
CY Other Expenses	$29,822,126	CYOtherExpensesAmt
PY Total Expenses	$30,031,578	PYTotalExpensesAmt
CY Total Expenses	$32,368,867	CYTotalExpensesAmt
PY Revenues Less Expenses	-$961,977	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	-$962,697	CYRevenuesLessExpensesAmt
Total Assets BOY	$203,412,008	TotalAssetsBOYAmt
Total Assets EOY	$217,135,526	TotalAssetsEOYAmt
Total Liabilities BOY	$717,384	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$1,021,998	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$202,694,624	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$216,113,528	NetAssetsOrFundBalancesEOYAmt
Mission	ADMINISTRATION OF DUAL MASTER'S 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	$25,116,649	ExpenseAmt
Grant	$2,546,741	GrantAmt
Revenue	$17,724,124	RevenueAmt
Desc	THE JOAN AND IRWIN JACOBS TECHNION-CORNELL INSTITUTE, INC. (JACOBS) WAS FORMED IN APRIL 2013 TO ADMINISTER A DUAL MASTER'S 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	$2,571,047	ExpenseAmt
Grant	$0	GrantAmt
Revenue	$0	RevenueAmt
Desc	JACOBS' RUNWAY PROGRAM IS A UNIQUE PROGRAM THAT GIVES RECENT PHDS INTERESTED IN ENTREPRENEURSHIP 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	$27,687,696	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (true)	DescribedInSection501c3Ind
Schedule B Required	Yes (true)	ScheduleBRequiredInd
Political Campaign Acty	false	PoliticalCampaignActyInd
Lobbying Activities	false	LobbyingActivitiesInd
Subject To Proxy Tax	false	SubjectToProxyTaxInd
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
Escrow Account	false	EscrowAccountInd
On Behalf Of Issuer	false	OnBehalfOfIssuerInd
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	false	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
Transaction With Control Ent	false	TransactionWithControlEntInd
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
Policies Reference Chapters	false	PoliciesReferenceChaptersInd
Form990 Provided To Gvrn Body	Yes (true)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	false	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	false	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	false	RegularMonitoringEnfrcInd
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
Written Policy Or Procedure	false	WrittenPolicyOrProcedureInd
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 (12 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt
KAVITA BALA
TRUSTEE & PROVOST (START 02/2025)	2.0	Yes (X)	Yes (X)	$0	$0	$0
MICHAEL KOTLIKOFF
TRUSTEE & PROVOST (LEFT 02/2025)	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
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	$4,905,529	AllOtherContributionsAmt
Total Contributions	$4,905,529	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TUITION	611710	$14,914,172	$14,914,172
RESEARCH	611710	$2,483,913	$2,483,913
APPLICATION FEES	611710	$326,039	$326,039

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	$17,724,124	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$6,626,715	TotalRevenueColumnAmt
Exclusion	$6,626,715	ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$30,806	TotalRevenueColumnAmt
Exclusion	$30,806	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	$11,128,593	SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$10,690,105	SecuritiesAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$438,488	SecuritiesAmt
Other	$0	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$438,488	TotalRevenueColumnAmt
Exclusion	$438,488	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

Field	Value	IRS element (for citing)
Desc	OTHER	Desc
Business	900099	BusinessCd
Total Revenue Column	$1,680,508	TotalRevenueColumnAmt
Exclusion	$1,680,508	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	$1,680,508	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$31,406,170	TotalRevenueColumnAmt
Related Or Exempt Func Income	$17,724,124	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$8,776,517	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	$2,546,741	TotalAmt
Program Services	$2,546,741	ProgramServicesAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$265,848	TotalAmt
Management And General	$265,848	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$50,000	TotalAmt
Management And General	$50,000	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$24,321,678	TotalAmt
Program Services	$24,321,678	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$3,652,737	TotalAmt
Management And General	$3,652,737	ManagementAndGeneralAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$712,586	TotalAmt
Management And General	$712,586	ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$726,294	TotalAmt
Program Services	$726,294	ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$92,983	TotalAmt
Program Services	$92,983	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	$32,368,867	TotalAmt
Program Services	$27,687,696	ProgramServicesAmt
Management And General	$4,681,171	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$1,268,554	BOYAmt
EOY	$540,474	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$643,768	BOYAmt
EOY	$561,126	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	$545,312	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$364,507	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$184,254	BOYAmt
EOY	$180,805	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$186,775,420	BOYAmt
EOY	$197,788,683	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

Field	Value	IRS element (for citing)
BOY	$1,214,919	BOYAmt
EOY	$702,810	EOYAmt

Intangible Assets IntangibleAssetsGrp

Field	Value	IRS element (for citing)
BOY	$720,669	BOYAmt
EOY	$394,988	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$12,604,424	BOYAmt
EOY	$16,966,640	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$203,412,008	BOYAmt
EOY	$217,135,526	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$681,033	BOYAmt
EOY	$1,021,704	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$36,351	BOYAmt
EOY	$294	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	$717,384	BOYAmt
EOY	$1,021,998	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$13,257,730	BOYAmt
EOY	$15,234,755	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$189,436,894	BOYAmt
EOY	$200,878,773	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$202,694,624	BOYAmt
EOY	$216,113,528	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$203,412,008	BOYAmt
EOY	$217,135,526	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	-$962,697	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$14,381,601	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
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	$3,138,898	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$8,157,117	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$3,568,594	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$6,683,545	CurrentTaxYearMinus1YearAmt
Current Tax Year	$4,905,529	CurrentTaxYearAmt
Total	$26,453,683	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	$3,138,898	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$8,157,117	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$3,568,594	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$6,683,545	CurrentTaxYearMinus1YearAmt
Current Tax Year	$4,905,529	CurrentTaxYearAmt
Total	$26,453,683	TotalAmt

Field	Value	IRS element (for citing)
Substantial Contributors Tot	$1,411,184	SubstantialContributorsTotAmt
Public Support Total170	$25,042,499	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$5,566,761	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$6,343,890	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$6,165,913	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$6,374,684	CurrentTaxYearMinus1YearAmt
Current Tax Year	$6,657,521	CurrentTaxYearAmt
Total	$31,108,769	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	$679,413	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$4,277	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$14,131	CurrentTaxYearMinus1YearAmt
Current Tax Year	$1,680,507	CurrentTaxYearAmt
Total	$2,378,328	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$59,940,780	TotalSupportAmt
Gross Receipts Rltd Activities	$69,355,876	GrossReceiptsRltdActivitiesAmt
Public Support CY170	0.41779	PublicSupportCY170Pct
Public Support PY170	0.54315	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 - OTHER, COLUMN A - 0.0, COLUMN B - 679413.0, COLUMN C - 4277.0, COLUMN D - 14131.0, COLUMN E - 1680507.0, COLUMN F - 2378328.0;	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	$179,229,453	BeginningYearBalanceAmt
Investment Earnings Or Losses	$20,282,957	InvestmentEarningsOrLossesAmt
Other Expenditures	$10,644,105	OtherExpendituresAmt
End Year Balance	$188,868,305	EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

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 Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

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 Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

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 Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

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

Field	Value	IRS element (for citing)
Board Designated Balance EOY	0.0	BoardDesignatedBalanceEOYPct
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	$545,312	OtherCostOrOtherBasisAmt
Depreciation	$364,507	DepreciationAmt
Book Value	$180,805	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$180,805	TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (3 entries)

DescDesc	Book ValueBookValueAmt	Method ValuationMethodValuationCd
Closely-held equity interests
Financial derivatives
CORNELL LT INVESTMENT POOL	$197,788,683	F

Field	Value	IRS element (for citing)
Total Book Value Securities	$197,788,683	TotalBookValueSecuritiesAmt

Other Assets Org OtherAssetsOrgGrp

Field	Value	IRS element (for citing)
Desc	FUNDS HELD AT CORNELL	Desc
Book Value	$16,966,640	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Other Assets	$16,966,640	TotalBookValueOtherAssetsAmt
Total Rev Etc Audited Fincl Stmt	$43,573,871	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	$14,381,601	NetUnrealizedGainsInvstAmt
Other Revenue	$0	OtherRevenueAmt
Revenue Not Reported	$14,381,601	RevenueNotReportedAmt
Revenue Subtotal	$29,192,270	RevenueSubtotalAmt
Other Revenues Not Included	$2,213,900	OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt	$2,213,900	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$31,406,170	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$30,154,967	TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included	$0	OtherExpensesIncludedAmt
Expenses Not Reported	$0	ExpensesNotReportedAmt
Expenses Subtotal	$30,154,967	ExpensesSubtotalAmt
Other Expenses Not Included	$2,213,900	OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt	$2,213,900	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$32,368,867	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Schedule D, Part X, Line 2 ASC 740 FOOTNOTE	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 - 2213900
Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements	FINANCIAL AID - 2213900

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	$2,546,741	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 164 STUDENTS RECEIVED FINANCIAL AID FROM JACOBS THROUGH THIS PROCESS.	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Form 990, Part VI, Line 15 COMPENSATION	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 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 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 FOR SERVICES - Total Expense: 24321678, Program Service Expense: 24321678, Management and General Expenses: , Fundraising Expenses: ;