How is the endowment for an Alfred E. Mann Institute allocated?
An AMI has an annual operating budget equal to the investment returns on its endowment, minimally 5% of the minimal $100 million endowment. The budget will allow the Institute to support the commercial development of a small number of biomedical projects each year. However, it is anticipated that the university-based Institute-available resources will increase as the revenues from the successful commercialization of intellectual property return to the endowment of the AMI.
Related Questions
- What is the organizational structure of an Alfred E. Mann Institute once the Alfred Mann Foundation for Biomedical Engineering and the university enter into the Agreement?
- Once endowed, what is the planned duration of an Alfred E. Mann Institute?
- How is the endowment for an Alfred E. Mann Institute allocated?
