The VIMS Foundation, with assets of $13.8 million as of December 31, 2015, supports the research and graduate education programs of the Virginia Institute of Marine Science, a part of the College of William & Mary. The annual budget of the Institute is $39 million. Most pressing needs for the VIMS Foundation are: Graduate student fellowships: $2,000,0000; Professorship endowments: $7,000,000; endowments for purchase of scientific instrumentation: $4,000,000; expendable funds and endowment funds for program support of work such as water quality in Chesapeake Bay; research on oysters and blue crabs; research on coastal management: $2,000,000; expendable and endowment funds for support of programs for children at the GK-12 level $2,000,000. Capital needs include $5,000,000 for a Campus Center and Conference facility for state, national and international meetings, and $1,000,000 for labs and scientific equipment for new buildings at the VIMS Eastern Shore Lab.
Indirect Public Support HelpIndirect public support represents revenue received through solicitation campaigns. This includes funding United Way and other federated fundraising organizations, but does not include donor designated contributions.
Earned Revenue HelpEarned revenue represents income generated in direct exchange for a product or service.Earned income includes income from government contracts.
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