Revenues at the Salk Institute for Biological Studies in La Jolla totaled $134 million in the fiscal year that ended June 30, 13.5 percent more than the previous fiscal year, when revenues totaled $118 million, the institute recently reported.
A total of $62 million, nearly half of the revenues, were from donors, including foundation gifts and grants, and individual gifts and bequests. Other revenue came from government and corporate funding and investments.
The institute, an independent nonprofit organization, noted that scientific breakthroughs at the institute have recently attracted additional funding. Reuben Shaw, the director of Salk’s Cancer Center, received the National Cancer Institute’s “Outstanding Investigator Award” and $8 million in funding over seven years to “encourage cancer research with breakthrough potential” in August.
Salk scientist Tatyana Sharpee’s lab received nearly $1 million from the National Science Foundation (NSF) to pursue computational modeling of brain operations; Terrence Sejnowski, along with collaborators from the California Institute of Technology, also received a $1 million NSF award. In addition, Sejnowski and collaborators at the University of Texas and the Texas Advanced Computing Center received more than $9 million from the NSF to investigate their hypotheses. Another Salk scientist, Ed Callaway, and a group at Stanford University, received a similar grant to study the brain using genetics, physics, optics, engineering and biology, the institute said.
The institute also highlighted a three-year, $25 million grant from the Leona M. and Harry B. Helmsley Charitable Trust, which took effect in January. That grant, which extends the historic $42 million Helmsley gift made to the Salk Institute in 2013, supports projects at the institute aimed at understanding how chronic inflammation affects diseases. The $50 million Rockstar Fund, another three-year grant, was established last year in honor of Salk chairman emeritus Irwin Jacobs to support the continued recruitment of top scientists to the Salk faculty.