How much does HSCI rely on donations vs. other sources of funding such as government grants?
In FY 2008, HSCI’s total annual expenditure reached $16.2 million. Individual and foundation gifts and grants fund the majority of HSCI’s research and activities. Funds are used to support promising stem cell research projects that are at too early a stage to qualify for traditional grants, either because of a lack of sufficient supporting data, a time delay in funding availability, or the perceived risk in making an investment in an early stage idea or development. By supporting projects at these critical stages of investigation, HSCI fills a critical gap between concept and long-term support, ensuring that important research can continue along its path to clinical application.
