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 expensesRevenue 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 researchFunding 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 |