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WHOI at a Glance |
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WHOI People
WHOI employees totaled 932 in 2005; others affiliated
with the Institution (separate wedge) totaled 380.
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Research
Funding
The $4-million increase in research funding (up 3.5 percent
over 2004) was driven mostly by growth in funding from
the National Science Foundation
and National Oceanic and
Atmospheric Administration. Navy funding continues
to decline as the Navy increases its emphasis on applied
research.
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1.Endowment comprises cash and securities to provide income for research, education and maintenance of the organization. Market value is as of December 31.
2.Total operating revenue is total funding
of the Institution’s research and education programs,
including a component of endowment income appropriated
for operations during the financial year ending December
31. See Financial
Statement, Note 2.
3.Total operating expense is cost incurred
in support of research, education, and operations during
the financial year ending December 31. See
Financial Statement, Note 2. |
Financial
Trends
The Institution endowment ended 2005 at $305 million,
with a 9.8 percent rate of return, outperforming our benchmark.
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