Financials
Proceeds Received by the National Academy of Sciences
BP Exploration and Production Inc. | Transocean Deepwater Inc. | Total | ||
---|---|---|---|---|
Proceeds received | 2013 | $5,000,000 | $2,000,000 | $7,000,000 |
2014 | $15,000,000 | $7,000,000 | $22,000,000 | |
2015 | $45,000,000 | $21,000,000 | $66,000,000 | |
2016 | $80,000,000 | $60,000,000 | $140,000,000 | |
2017 | $90,000,000 | $60,000,000 | $150,000,000 | |
2018 | $115,000,000 | — | $115,000,000 | |
Total proceeds received | $350,000,000 | $150,000,000 | $500,000,000 | |
Financial Overview
Proceeds Received | $500,000,000 |
Investment Return (includes dividends) | $35,480,690 |
Total Funds Available | $535,480,690 |
Program Expenditures | |
From inception through 12/31/2017 | ($47,408,515) |
FY 2018 | ($17,274,825) |
Total program expenditures | ($64,683,340) |
Net funds available at 12/31/2018 | $470,797,350 |
Notes:
1 Full and complete financial information pertaining to the GRP is available in the Report of the Treasurer of the National Academy of Sciences, published in June of each year for the preceding year.
2 Many GRP awards are multi-year awards with payment of the total amount of the award distributed across more than 1 year. As such, discrepancies will exist between total awards announced versus total program expenditures in a given year. Program expenditures in a given year reflect payments of funds in that year, which may include payments of funds for awards announced in that year or in a previous year.