Mission
AS REQUIRED BY ITS INSTRUMENT, THIS TRUST ASSISTS CORNELL UNIVERSITY IN PROVIDING MEDICAL BENEFITS TO CORNELL UNIVERSITY EMPLOYEES.
Public Charity
CORNELL MEDICAL BENEFITS TRUST
CORNELL MEDICAL BENEFITS TRUST is a Public Charity headquartered in PITTSBURGH, PA. Financial data from the 2025 filing: $17.4M revenue, $911K expenses, $406.9M total assets.
EIN: 161457001
PITTSBURGH, PA
Single Organization Support
NTEE: T11
Latest filing: 2025
Total Revenue$17.4M
Total Expenses$911K
Total Assets$406.9M
Grants Given0
Filing Years2020–2025
Where $100 goes at Cornell Medical Benefits Trust
How Cornell Medical Benefits Trust divides every $100 it spends, from its own Form 990 filings, averaged across 5 years.
$12
Programs
the work itself
$88
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $12 for programs
$12
-part iii-4a description The Cornell Medical Benefits Trust provides medical benefits to its eligible retired endowed employees at the ithaca, campus, who during their period of active service…
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Officers & Directors
TRUSTEE
Pnc Bank N A
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $17.4M | $911K | $406.9M |
| 2024 | $13.3M | $924K | $389.8M |
| 2023 | $-37.6M | $538K | $376.6M |
| 2021 | $31.1M | — | $327.8M |
| 2020 | $31.0M | — | $296.7M |
Between 2020 and 2025, reported annual revenue declined from $31.0M to $17.4M (-44%), with total assets most recently reported at $406.9M.
Interactive year-over-year charts and full filing details available with membership.