Why does an institution that bears the Rockefeller name need to seek funds?

The Rockefeller University was established in 1901 through the generosity of John D. Rockefeller, Sr., and over the years the institution has been generously and continuously supported by his descendants and various foundations they have established. But today it is not feasible for one family to serve as the sole source of support for a major biomedical research center with an annual operating budget of more than $225 million.

What is the role of the University's endowment in providing for its scientists?

Through prudent investment and the careful management, the University maintains a strong endowment. Rockefeller is one of the most fiscally stable institutions in the nation. But even income from this substantial and well-managed endowment cannot keep pace with the sharply escalating costs of biomedical research. Income from The Rockefeller University endowment currently provides 30% of the institution's annual operating costs.

Don't federal grants provide generously for the nation's scientists?

Federal grants in support of specific research projects cover approximately 36% of the University's annual operating costs. No scientific institution can afford to rely exclusively on federal aid, for a number of reasons. The level of this support can fluctuate dramatically from year to year. Most federal grants cannot be used to purchase even the most important research equipment. This is a critical disadvantage as scientific breakthroughs increasingly rely on expensive instrumentation and technology. Finally, federal support for young scientists is extremely limited. Private funding is essential to ensure the future of science through the recruitment of gifted new investigators.

Can my gift really make a difference?

Yes. Private gifts and grants make the critical difference in enabling the University to support its research programs, all the more so because the University does not derive substantial income from certain sources that more conventional institutions of its type rely on. It has neither a large base of alumni nor of "grateful patients." Every gift makes a difference.