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▲ andbberger 4 days ago

HHMI is a private org

▲lukas099 4 days ago | parent | next [-]

So's Harvard Medical School, right? But they get research grants from the government?

▲nomel 4 days ago | parent | next [-]

https://finance.harvard.edu/financial-overview

Looks like they received $1 billion in private + government grants, so upper end would be 15%?

> The University ended fiscal year 2024 with an operating surplus of $45 million compared to $186 million in fiscal year 2023, on an operating revenue base of $6.5 billion.

Wow!

▲searine 4 days ago | parent [-]

2025 funding news

"At least 350 Harvard medical grants were terminated by the Trump administration." https://abcnews.go.com/US/350-harvard-medical-grants-termina...

"At Grim Town Hall, Harvard Medical School Leaders Tell Staff to Expect Layoffs and Far-Reaching Cuts" https://www.thecrimson.com/article/2025/4/16/trump-hms-cuts/

"Snapshots from front lines of federal research funding cuts" https://news.harvard.edu/gazette/story/2025/07/snapshots-of-...

▲nomel 4 days ago | parent [-]

> Campus leaders say the government actions could cumulatively cost the University as much as $1 billion a year.

So, 100% cut compared to 2024, or maybe expected funding drastically increased compared to 2024?

> The administration then said it was withholding $2.2 billion in multi-year grants and $60 million in multi-year contract value to the institution.

This doesn't math, but close enough I suppose.

▲ 4 days ago | parent | prev [-]
[deleted]
▲tylerhou 4 days ago | parent | prev | next [-]

private orgs still benefit immensely from public funding because their researchers are by and large trained by public funding

▲searine 4 days ago | parent | prev [-]

"HHMI halts inclusive science programme" : https://www.nature.com/articles/d41586-025-00396-6