Current Fiscal Year Data

In 1984 a group of distinguished trustees appointed by the Delaware Court of Chancery assumed responsibility for the Institute and reaffirmed its primary purpose of basic medical research. They guided the Institute through the sale of the Hughes Aircraft Company on December 20, 1985, creating the endowment that is its principal source of funding. This reorganization and sale of Hughes Aircraft marks the beginning of the modern era of Institute activities, and serves as the starting point for the presentation of cumulative expenditure information.

At the end of fiscal year 2012, the Institute had $16.1 billion in diversified net assets, making it the nation's largest private supporter of academic biomedical research.

bullet icon Download the 2012 Audited Financial Statements (PDF)

Questions or comments about information contained in the Institute's audited financial statements should be directed to Nitin Kotak, Vice President and Chief Financial Officer or to Monique Marcus, Assistant Controller.

HHMI Financial Fast Facts
  10 Year Snapshot
2003-2012


$7.0 billion
Direct support for research and science education

$6.1 billion
Cumulative expenditures for scientific research

79 %
Proportion of expenditures for scientific research

$751 million
Investment in laboratory and other space

$907 million
Cumulative expenditures for Grants

10.6 %
Average annual rate of return on endowment

Today
FY 2012


$16.1 billion
Value of endowment at the end of the year

$919 million
Disbursements for scientific research, grants, and capital initiatives

$800 million
Disbursements for scientific research and capital initiatives

$119 million
Disbursements for science education including international

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