Activity Report 2010 - CNRS

The Nanosciences Foundation budget
Resources
The Foundation can spend every year a maximum amount of 4 680 k€ during the 5
years over the period 2007-2011, which is the consumable part of the capital given by
the Ministry in 2007 with the addition of the annual contribution of the founding
members.
After 2012, it will be allowed to employ the remaining part of the unused part of this
capital, i.e. 4 833 k€ which was not spent at the end of 2009, as a consequence of the
low level of the initial expenses in the Foundation’s first year.
OVERVIEW
The financial incomes can be used with no time restriction. At the end of 2009 the
remaining financial incomes reach 1 423 k€. Therefore, financial resources of the
Foundation are large enough to support runs in 2012 and 2013.
The partnership with INRIA signed on the 26 th of May 2010 provides in addition 100 k€
to the Foundation, every year from 2010 to 2013.
Considering the international financial crisis and the new inputs of the French research
policy, the process of fundraising has been reconsidered in accordance to the
conclusions of the dedicated mission given by “Ianmore Associates” (February 2010).
The board session held on December 17, 2010 took the decision to split the remaining
resources between two calls for proposals to be launched in 2011 and 2012, in order
to attribute financial supports from 2011 to 2013 or 2014.
Expenditures and Commitments
The financial support given to a yearly call for proposals is generally spread, over 3
calendar years. The budget of a current year includes in addition the expenses for the
Foundation management (salaries of the administrative staff and operating expenses)
and the payments related to the commitments of the year (N), but also those related
to the previous calls (year N-1 and N-2).
The table below gives the distribution of the expenses during the years 2007 to 2010.
The financial line dedicated to salaries directly paid by the Foundation is increasing, as
a result of Board’s decisions.
Commitments taking into account all calls for proposals, including the last one in
2012, have been double checked in relation with the lowest profile of expected
resources from financial income. Hence the Foundation will be able to support all the
expenses without using the non-consumable part (10%) of the capital initially given
by the Ministry and the founding members, i.e. 2 600 k€.
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