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The institute\u2019s annual budget in 2020 was \u20ac22.4 million, of which 50% was from research funding agencies in member countries in Africa, the Americas, Asia, and Europe. These diverse sources of income enable IIASA to perform research that is truly independent. The institute receives additional funding from contracts, grants, and donations from governments, international organizations, academia, businesses, and individuals. Between 2019 and 2020, this additional funding decreased slightly from \u20ac11.6 million to around \u20ac11.2 million.<\/p>\n
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2020 saw a continuation of the institute\u2019s fiscal strategy of reserve replenishment, with net assets increasing to just short of \u20ac8 million. Total income decreased slightly from \u20ac23.1 million in 2019 to \u20ac22.4 million in 2020, with total expenditure increasing marginally from \u20ac22.0 million to just under \u20ac22.1 million. At \u20ac17.2 million, 78% of the institute\u2019s total spending in 2020 was on research and scientific services, while spending on administration services and institute governance remained mostly stable. IIASA operated within its financial means in 2020, with the positive change in net assets serving to strengthen fiscal reserves and prepare the institute financially for its upcoming 50th Anniversary.<\/p>\n
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In 2020, IIASA membership contributions were provided by the following agencies:<\/p>\n
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The YSSP Fund<\/a> provides funds for a scholarship that is awarded to promising young researchers without National Member Organization support, often from developing countries, to participate in the three month IIASA Young Scientists Summer Program (YSSP).<\/p>\n The purpose of the Women in Science Fund<\/a> is to provide a platform of financial support to IIASA women connected to science at all career levels. Conceived by the IIASA Women in Science Club, the fund offers different avenues of support and relies solely on donations to fulfill its mission.<\/p>\n