Medical Research Foundation: Where our funds have come from and how we spent them
Income
In 2010/11, the Medical Research Foundation’s main source of income was the return on the investment of its charitable income. Income from bequesta and donations were considerable lower than in previous years and amounted to 20% of the charity’s overall income:
Expenditure
In 2010/11, over 94% of our expenditure was on new research grants, fellowship and studentship awards:
