The Weill Cornell Medicine Division of Financial Resources & Analysis provides oversight and management for strategic plansĀ as well as capital and financial investments.
Financial Resources & Analysis Policies
The Long-Term Investment Pool (LTIP) is administered by Cornell University. The LTIP is similar to a mutual fund and includes both domestic and global investments; all securities are handled by outside managers. Funds invested in the LTIP include true endowments and funds functioning as endowments that are not expected to be spent for at least five years. The objective of long-term investment pooling is to produce reasonable returns coupled with capital appreciation. Like a mutual fund, participants buy shares at the current market rate and receive a per-share annual income payout as determined by the Cornell University Board of Trustees.
Established in 2001 as a partnership between Cornell University and the Qatar Foundation, Weill Cornell Medicine-Qatar (WCM-Q) shares the tripartite mission of Weill Cornell Medicine-New York (WCM-NY): education, research and patient care.
The Weill Cornell Medicine strategic planning process provides our institution with a road map that details challenges and opportunities within our changing environment. The process allows WCM to enhance its institutional capacity in performance of our tripartite mission of education, research and patient care.
FAQ's
How do I request a new endowment or fund functioning as endowment?
Refer to the long-term investment pool funding policy.