Overview
What is Cornell Medical Benefits Trust?
The Cornell Medical Benefits Trust is a charitable trust established to support Cornell University by offering medical benefits to retired endowed employees who significantly contributed to the institution's educational and research missions while they were actively employed at the Ithaca campus. As required by its charter, this trust contributes to Cornell University's mission of providing medical benefits to its employees, ensuring their well-being and continued contribution to academic pursuits. By offering medical benefits to eligible retirees, the trust helps maintain the university's strong foundation in research and education.
Is Cornell Medical Benefits Trust legitimate?
Cornell Medical Benefits Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cornell Medical Benefits Trust submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $323,212
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Cornell Medical Benefits Trust?
The Cornell Medical Benefits Trust, as per its mandate, supports Cornell University in offering medical benefits to its employee population. This trust is specifically designed to aid retired endowed employees at the Ithaca campus who significantly contributed to the institution's educational and research missions during their active service period. The primary objective of this trust is to assist Cornell University in providing necessary medical benefits to its employees.
Who is the CEO of Cornell Medical Benefits Trust?
Unavailable
What is the revenue of Cornell Medical Benefits Trust?
Cornell Medical Benefits Trust's revenue in 2023 was -$37,648,300.
Who are the executives of Cornell Medical Benefits Trust and what are their salaries?
There is 1 key member and their salary:
- Compensation: $323,212
- Related: $0
- Other: $0
Where can I find the form 990 for Cornell Medical Benefits Trust?
Cornell Medical Benefits Trust's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Cornell Medical Benefits Trust
The Cornell Medical Benefits Trust, as per its mandate, plays a crucial role in supporting Cornell University by offering medical benefits to its retired endowed employees based at the Ithaca campus. These individuals were key contributors to the university's educational and research mission during their active service periods. The Trust's mission is therefore to extend medical benefits as a token of appreciation and recognition for their dedicated service.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Cornell Medical Benefits Trust plays a crucial role in supporting the health and well-being of eligible retired endowed employees at Cornell University. By providing medical benefits, the trust ensures that these individuals, who significantly contributed to the university's educational and research mission, have access to essential healthcare resources in their retirement. This assistance not only acknowledges their dedicated service but also enhances their quality of life, demonstrating a commitment to the long-term welfare of the university's faculty and staff. The trust's impact extends beyond individual health, fostering a sense of security and community among those who have served the institution diligently.
This information is meant to be a general summary of Cornell Medical Benefits Trust. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: -$37,648,300
- Gross Receipts: $393,208,241
Assets and Liabilities:
- Total Assets: $376,559,315
- Total Liabilities: $0
- Net Assets: $376,559,315
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1994
Phone
(412) 768-6327Main Address
116 ALLEGHENY CENTER MALL P8YB3502L, PITTSBURGH, PA, 15212
NTEE Category
Code: T11 - Philanthropy
If you are a representative of Cornell Medical Benefits Trust and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.