SEARCH
 
Funding Priorities
Sources of Revenue
Where the money goes
FAQs
CIBC World Markets Children's Miracle Foundation
Dan Offord Chair
 
 
 
 

Sources of Revenue

Annual operations at the Offord Centre for Child Studies represent an investment of more than $ 3.5 million.

 

1. Core Operations ($1.3 million annually) are covered by three revenue sources:

    • McMaster University (24%) - provides Core Research Faculty Salaries and a proportion (13%) of support staff salaries
    • Hamilton Health Sciences (10%) – provides physical space as well as cleaning and maintenance services
    • Philanthropic support (4%) – assists the Offord Centre in maintaining and expanding our ability to fulfill our mission on a daily basis:
      • Research chairs & professorships
      • Pilot study funding
      • Post-graduate fellowships and scholarships
      • Communication & education programs
      • Infrastructure support for research programs such as furniture, equipment, and computers, telephone, fax, and office supplies, staffing costs not covered by other sources, mailing costs, etc.

2. Research grants (62%) – ($2.6 million annually) support more than 40 different research projects ongoing at the Offord Centre.

 

     

© 2008