The research and extension conducted by Cornell AgriTech experts, in service of New York state’s diverse agricultural and food industries is made possibly by an array of resources. Below is a listing of the expenses incurred while helping these industries succeed and an overview of funding sources provided to Cornell AgriTech, in order to fulfill its Land-Grant mission.
Fiscal year 2020 expenses
Expenses incurred in the last year.| Expense | Amount |
|---|
| Allocated costs | $5,515,000 |
| Core salaries - academic | $4,637,485 |
| Core salaries - support staff & grad students | $4,297,082 |
| Operations & maintenance | $9,225,487 |
| Contracted research | $14,064,257 |
| Total expenses | $37,740,311 |
Revenue sources
Sources of revenue used to cover expenses| Revenue sources | Amount |
|---|
Core budget
(IDC recovery, state appropriations, endowments and unrestricted funds) | $17,474,244 |
| Contracted research (see funding sources below) | $14,064,257 |
| Service, program income & gifts | $6,201,810 |
| Total revenue sources | $37,740,311 |
Funding sources for contracted research
Sources of funding for our research| Funding source | Amount |
|---|
| Endowments | $1,042,438 |
| Federal grants | $8,113,137 |
| Grower contracts | $947,887 |
| State | $2,579,536 |
| Total fund sources | $14,064,257 |
