Research Highlights
Honors & Awards
What We Are Doing About:
Benefiting Humanity
History
Visiting the Institute
.JPG)
Annual Report 2001
Previous Reports:
Financial Highlights
The fiscal year 1999/2000 was marked by a continued improvement in our financial situation. The Institute has finally eliminated the historic accumulated deficit, following increasingly promising financial statements over the last several years. This improvement is apparent in each and every part of the financial statements: the operating budget, the development budget, and the endowment.
In parallel to these accomplishments, we have expanded the funding for scientific research directly and indirectly through an improvement in infrastructure.
Income and Expenditures All figures are given in adjusted new Israeli shekels (ANIS) as of September 30, 2000. The rate of exchange at that time stood at NIS 4.024 to 1 U.S. dollar. ANIS is the shekel adjusted to a constant value, neutralizing distortions resulting from inflation.
| Sources of Income | ANIS | % |
| Government of Israel through the Planning and Budgeting Committee | 351,386,000 | 48.9 |
| Direct donations and bequests | 119,480,000 | 16.6 |
| Research grants and projects | 185,909,000 | 25.8 |
| Financial revenues | 33,576,000 | 4.7 |
| Other revenues | 28,832,000 | 4.0 |
| Total Income | 719,183,000 | 100.0 |
| Principal Expenditures | ANIS | % |
| Salaries,fellowships, and related expenses | 466,488,000 | 65.2 |
| Research and teaching activities | 159,810,000 | 22.3 |
| Supplies and equipment | 12,918,000 | 1.8 |
| Administrative, maintenance,and othe operating expenses | 76,047,000 | 10.6 |
| Financial expenses | 662,000 | 0.1 |
| Total Expenditures | 715,925,000 | 100.0 |
| Surplus | * 3,258,000 |
| * This surplus, when added to the special appropriation of ANIS 5,085,000 received in 99/00 from the Government of Israel to cover the accumulated deficit of WIS over the years, served to eliminate the remaining fraction (ANIS 6,931,000 in 98/99) of the historic deficit and create an accumulated surplus of ANIS 1,412,000 at the end of FY 1999/2000. |
| Sources of Income | % |
| Government of Israel | 48.9 |
| Donations and bequests | 16.6 |
| Research grants | 25.8 |
| Financial and other revenues | 8.7 |
 |
|
| Principal expenditures | % |
| Sallaries and fellowships | 65.2 |
| Research, teaching, supplies and equipment | 24.1 |
| Financial expenses | 0.1 |
| Administrative, maintenance and other operating expenses | 10.6 |
| Development projects | ANIS |
| New buildings | 32,293,000 |
| Enhancement and refurbishing of existing buildings | 30,318,000 |
| Infrastructure | 9,499,000 |
| Total 1999/2000 | 72,110,000 |
