Trump Cuts NIH Funding
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indirect funding budgetFortune
•Health
Health
DOGE shut the funding spigot for medical research overnight. Scientists are calling it ‘the end of science’ in America
81% Informative
The National Institute of Health is the paramount government agency in the U.S. when it comes to conducting and supporting medical research.
In 2023 , the NIH yielded more than $35 billion in funding to disease-related research projects.
The budget cuts trimmed facility and administration expenses, known as indirect costs, to 15% .
Entities like the John Templeton Foundation and the Rockefeller Foundation carry the highest level of indirect cost coverage of private philanthropic organizations at 15% ..
Since 1946 , the U.S. has been able to dish out grant funding for “neglected areas of research in the health sciences,” according to its website.
Some scientists think they might move into Chinese research and development (R&D) labs.
If funding runs dry, “they will leave and go somewhere else”.
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