Cornell is a state powerhouse, generates $3.3 bn in 2005

09 Feb '07

3 min read

The study provides evidence of how Cornell's teaching, land-grant mission and Cornell Cooperative Extension (CCE) efforts raise the quality of life for citizens in the state through business development, services to residents in need and applied research that, as just one example, supports agricultural communities upstate. For instance, CCE served an estimated 535,000 families, professionals, schoolchildren, small businesses, farmers and community agencies across the state in 2005.

While the report is comprehensive, university officials regard it as one document among many that will help provide Skorton and other university leaders with hard numbers about Cornell's diverse impacts on the state's economy as they look toward shaping the university's future and how it can best interact with New York's citizens.

"If you look at this economic impact statement as compared to other universities nationally, the reality is that Cornell in all probability touches the state and its citizens more comprehensively than any other single university through its research, teaching and land-grant mission," said Stephen Golding, Cornell's executive vice president for finance and administration. "The breadth of ways that Cornell impacts the state is truly amazing and should make all Cornellians very proud."

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Cornell is the federal land-grant institution of New York State, a private endowed university, a member of the Ivy League, and a partner of the State University of New York.

Cornell University, USA

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