6 ms·

HHMI is a private org

by andbberger 1y ago

lukas099 1y ago
So's Harvard Medical School, right? But they get research grants from the government?
- deleted 1y ago
  [deleted]
- nomel 1y ago
  https://finance.harvard.edu/financial-overview 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 1y ago
    2025 funding news "At least 350 Harvard medical grants were terminated by the Trump administration." https://abcnews.go.com/US/350-harvard-medical-grants-terminated-trump-administration/story?id=122221156 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/ 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-battle-from-front-lines-of-federal-research-funding-cuts/ https://news.harvard.edu/gazette/story/2025/07/snapshots-of-...
    - nomel 1y ago
      > 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.
searine 1y ago
"HHMI halts inclusive science programme" : https://www.nature.com/articles/d41586-025-00396-6 https://www.nature.com/articles/d41586-025-00396-6
tylerhou 1y ago
private orgs still benefit immensely from public funding because their researchers are by and large trained by public funding

HHMI is a private org

lukas099 1y ago

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

deleted 1y ago
[deleted]
nomel 1y ago
https://finance.harvard.edu/financial-overview 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 1y ago
  2025 funding news "At least 350 Harvard medical grants were terminated by the Trump administration." https://abcnews.go.com/US/350-harvard-medical-grants-terminated-trump-administration/story?id=122221156 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/ 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-battle-from-front-lines-of-federal-research-funding-cuts/ https://news.harvard.edu/gazette/story/2025/07/snapshots-of-...
  - nomel 1y ago
    > 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.

searine 1y ago

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

tylerhou 1y ago

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