President's Report 2007/8 - Division for Development and Public ...

54-55 / Financial Report
Table 3C Non-Experimental Units
Expenditure
Salaries
Acquisitions
Scholarships
Other
Total
Humanities
25.7
0.2
0.6
0.6
27.1
Social
Sciences
21.1
0.2
0.7
1.2
23.2
TABLE 4
Research Budget According to Groups (in US $ thousands)*
Group 1: Faculty of Science, School of
Engineering & Computer Science
Group 2: Faculty of Medicine, School of Pharmacy,
Faculty of Dental Medicine
Group 3: Faculty of Humanities, School of Education,
School of Business Administration
Group 4: Faculty of Agricultural, Food &
Environmental Quality Sciences
Group 5: Faculty of Social Sciences, School of
Social Work & Social Welfare
Group 6: Faculty of Law, Truman Research Institute
for the Advancement of Peace, others**
Total
*Based on planned budgets; figures calculated at rate of exchange on September 30, 2007
**Faculty of Law only from 2005/6
40,000
35,000
30,000
25,000
20,000
15,000
10,000
5,000
0
2006/2007
39,560
31,665
11,859
14,360
7,600
1,875
106,919
Education
5.3
—
0.1
0.5
5.9
2005/2006
37,781
27,427
13,553
12,731
7,525
809
99,826
Law
4.3
—
0.1
0.2
4.8
2004/2005
32,796
23,470
11,072
11,158
6,900
2,998
88,394
Social
Work
3.4
—
—
0.1
3.5
2003/2004
31,022
23,061
11,793
10,549
5,852
5,971
88,248
Total
60.0
0.4
1.5
2.6
64.5
2002/2003
Group 1 Group 2 Group 3 Group 4 Group 5 Group 6
2006-2007
29,150
20,332
12,205
10,753
5,441
5,975
83,856
2005-2006 2004-2005 2003-2004 2002-2003
TABLE 5
University Endowment Funds, Growth and Income (in US $ millions)*
From 1996/1997 until the present, the assets of the University’s
Endowment Funds have grown by $126.2 million, from $268.1
million at the end of 1996/1997 to $394.3 million at the end of
2006/2007, with an average growth of $12.6 million per year.
During 2006/2007, Endowment Funds assets increased by $46.5
million. Net profit from Endowment Funds during 2006/2007
amounted to $32.9 million, a yield of nearly 8.3%. The substantial
income shown in the financial statements for 2006/2007 is due to
Year
1996/1997
1997/1998
1998/1999
1999/2000
2000/2001
2001/2002
2002/2003
2003/2004
2004/2005
2005/2006
2006/2007
Source of
Income
USA
Europe
Canada
Israel
UK
Australia
Other Countries
Total
Total 2005/2006
Total 2004/2005
Total Assets of
Endowment Funds
Regular
Budget
17,089
234
7,224
530
394
142
953
26,566
268.1
272.9
279.0
313.3
282.6
280.7
294.3
308.6
328.0
347.8
394.3
Special &
Research
Budgets
17,752
7,576
3,414
4,097
6,183
1,217
792
41,031
Net Profit
24.0
4.3
13.8
43.1
-18.0
-0.9
30.4
23.6
26.6
22.7
32.9
Development &
Other Budgets
gains derived from investments. In accordance with the policy of
the Endowment Funds Committee, 25% of the funds’ investments
are linked to the US dollar and the remaining 75% are linked
to shekel channels. Starting in 2003/2004, Endowment Funds
Committee financial statements are prepared and presented in
nominal shekels (NIS), instead of in dollars (US $) as in previous
years. The figures for 2006/2007 were calculated according to
the rate of exchange on 30 September 2007.
Net Profit (as %)
TABLE 6
Amounts Received from Friends Organizations 2006/2007 (in US $ thousands)*
*The dollar values above are translated from the amount shown in the University’s books in New Israeli Shekels at the rate of exchange on the day of transaction.
3,276
5,003
—
397
44
1,118
18
9,856
Endowment
Funds in Israel
445
1,076
11
4,663
114
3,215
667
10,191
9.0
1.6
4.9
13.7
-6.4
-0.3
10.3
7.6
8.1
6.5
8.3
Total Income
38,562
13,889
10,649
9,687
6,735
5,692
2,430
87,644
77,995
85,301
As Percentage
of Total
44.0%
15.8%
12.1%
11.1%
7.7%
6.5%
2.8%
100.0%