Overview
What is Joan And Irwin Jacobs Technion - Cornell Institute Inc?
The Joan and Irwin Jacobs Technion-Cornell Institute Inc, established in 2013, is a nonprofit organization located in New York City, specifically at 2 West Loop Road, New York, NY 10044. Its primary mission is to oversee the administration of a dual master's degree program in collaboration between Technion-Israel Institute of Technology and Cornell University. This program supports scientific and technological research and fosters the growth of the industry by offering an advanced educational environment for faculty, researchers, and students.
Official website here: www.tech.cornell.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88%, Three-Star out of Four Star Rating
The Joan And Irwin Jacobs Technion - Cornell Institute Inc has earned an 88% rating, which demonstrates a solid level of accountability and financial health. The charity's score is derived solely from its Accountability & Finance metrics, indicating a strong commitment to transparency and effective management. The high ratings in independent board member involvement and financial oversight underscore the organization's dedication to ethical governance.
Strengths highlighted include a fully independent board and excellent financial practices, with a program expense ratio of 87.60%, which suggests that a significant portion of its resources is allocated to its programs. The organization also scored well on aspects like the material diversion of assets and its liabilities to assets ratio, reflecting prudent financial management.
However, the organization is noted to be missing a conflict of interest policy and a document retention and destruction policy, which are potential areas for improvement in governance practices. Despite these shortcomings, the overall financial health and accountability metrics indicate that the organization operates with a high degree of responsibility.
This AI summary has been generated from information found on Charity Navigator.
Is Joan And Irwin Jacobs Technion - Cornell Institute Inc legitimate?
Joan And Irwin Jacobs Technion - Cornell Institute Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Joan And Irwin Jacobs Technion - Cornell Institute Inc 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.
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Official website here: www.tech.cornell.edu
What is the mission statement of Joan And Irwin Jacobs Technion - Cornell Institute Inc?
The Joan and Irwin Jacobs Technion-Cornell Institute Inc is dedicated to administering a dual masters degree program in collaboration with Technion-Israel Institute of Technology and Cornell University. Their primary goal is to provide a research environment for faculty, researchers, and students. The institute supports scientific and technological research and encourages the growth of the industry through this unique educational partnership. The mission of the institute is to foster academic excellence and drive innovation by combining the resources and expertise of both institutions. Their commitment extends beyond education, as they strive to make significant contributions to their respective fields and the broader scientific community.
Official website here: www.tech.cornell.edu
Who is the CEO of Joan And Irwin Jacobs Technion - Cornell Institute Inc?
Michael Weissman is the Trustee & Provost of Joan And Irwin Jacobs Technion - Cornell Institute Inc.
Official website here: www.tech.cornell.edu
What is the revenue of Joan And Irwin Jacobs Technion - Cornell Institute Inc?
Joan And Irwin Jacobs Technion - Cornell Institute Inc's revenue in 2022 was $32,551,602.
Official website here: www.tech.cornell.edu
Who are the executives of Joan And Irwin Jacobs Technion - Cornell Institute Inc and what are their salaries?
There 11 volunteers at Joan And Irwin Jacobs Technion - Cornell Institute Inc.
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Official website here: www.tech.cornell.edu
Where can I find the form 990 for Joan And Irwin Jacobs Technion - Cornell Institute Inc?
Joan And Irwin Jacobs Technion - Cornell Institute Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.tech.cornell.edu
Learn more at the official website: www.tech.cornell.edu
Mission Statement of Joan And Irwin Jacobs Technion - Cornell Institute Inc
The Joan and Irwin Jacobs Technion-Cornell Institute, Inc. (Jacobs Institute) is a pioneering organization that manages a dual masters degree program, granted jointly by the Technion-Israel Institute of Technology and Cornell University. The Institute's primary mission is to establish and maintain a research environment for faculty, researchers, and students, fostering scientific and technological advancements.
Jacobs Institute's role extends beyond just administering the degree program. It provides a platform that encourages collaboration and innovation between two renowned educational institutions. The combination of Technion's expertise in science, engineering, and technology with Cornell's strengths in research and academics creates a synergistic atmosphere for groundbreaking discoveries and research. By offering this unique opportunity, the Institute attracts a diverse group of brilliant minds who contribute to the expanding body of knowledge in their respective fields.
The Jacobs Institute's commitment to research doesn't stop at the faculty and researchers. It also extends to the students, who benefit from the cutting-edge resources and the collaboration between the two institutions. The Institute's administration and support for scientific and technological research ensures that students receive a well-rounded education, preparing them for successful careers in their chosen fields. By fostering an innovative and collaborative research environment, the Jacobs Institute plays a crucial role in pushing the boundaries of knowledge and contributing to industry growth.
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Impact
October, 2024
The Joan and Irwin Jacobs Technion-Cornell Institute fosters innovation in education by administering a dual master's degree program that bridges the expertise of the Technion-Israel Institute of Technology and Cornell University. This unique collaboration not only provides students with a comprehensive education in scientific and technological research but also cultivates a vibrant research environment that benefits faculty and researchers alike.
By encouraging interdisciplinary exploration and collaboration, the institute significantly contributes to the development of cutting-edge industries and technologies. The impact extends beyond the academic realm, as students engage in practical applications that address real-world challenges, thereby enhancing both local and global economies. The program's emphasis on research and development prepares graduates to become leaders in their fields, ultimately advancing scientific knowledge and technological innovation.
In summary, the Joan and Irwin Jacobs Technion-Cornell Institute plays a crucial role in shaping the future of education, research, and industry through its commitment to interdisciplinary learning and collaborative, innovative practices.
This information is meant to be a general summary of Joan And Irwin Jacobs Technion - Cornell Institute Inc. 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 2022.
- Investment Income: $11,956,371
- Program Service Revenue: $12,438,114
- Gross Receipts: $33,204,502
Assets and Liabilities:
- Total Assets: $203,934,277
- Total Liabilities: $458,344
- Net Assets: $203,475,933
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$10,159,573
RESEARCH
Revenue
$2,122,877
APPLICATION FEES
Revenue
$51,479
OTHER SOURCES
Revenue
$104,185
Organization Details
Founding Year
2013
Phone
(607) 254-5898Principal Officer
Michael Weissman
Main Address
2 West Loop Road, New York, NY, 10044
Website
www.tech.cornell.eduNTEE Category
Code: B82 - Education
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