Page 40 - Memora anual Fundación CIEN 2017

▄▀ 2.2. Management of financial The breakdown of total revenues obtained in 2017
and economic resources and 2016 is described in the next page:

The CIEN Foundation is funded by specific subsidies Revenues of the institution consist mainly of grants,
granted by the State and other local or institutional donations and operating legacies and capital re-
public entities, as well as by income derived from Eu- ceived from Public Administrations and other institu-
ropean and national research projects, contracts for tions, companies and individuals.
the provision of services and patronage activities.
The Carlos III Institute of Health, by Resolution of July
The annual accounts are prepared from the ac- 20, 2017, approves granting a nominative allowance
counting records of the Entity, having applied the for a total of € 825,000, destined to the fulfillment and
legal provisions in force in accounting matters in development of the aims and objectives of the CIEN
order to show the true image of the assets, the fi- Foundation: the promotion of research in the neuro-
nancial situation and the results of the CIEN Foun- logical area and the maintenance of the Center.
dation.
The contribution of the Queen Sofia Foundation in
Revenues 2017 was focused in the funding of three main ac-
tivities: collaboration in the celebration of the Alz-
In 2017, the CIEN Foundation managed an income heimer's Global Summit Lisbon 2017, financing of
budget of over 1.7 million euros. The main source of the activities of the CIEN Foundation-Tissue Bank
income comes from the nominative assignment of and the call for the MAPFRE-Queen Sofia Founda-
the Carlos III Institute of Health, which amounts to € tion. Simultaneously, in the items of grants, dona-
825,000 (representing 47% of total income), aimed tions and legacies of capital, a contribution of €
at achieving the specific goals and objectives that 381,758 is recorded. The remaining amount up to
are materialized in the promotion of research in he- the total of this item (€ 432,961) corresponds to the
alth sciences, and develop and offer scientific-tech- official capital grants received from the ISCIII for fi-
nical services of the highest quality, aimed at the nancing capital expenditures.
National Health System and the whole of society.

ISCIII NOMINATIVE ALLOCATION ..................................................................................................... 825.000,00
ISCIII ALLOCATION FROM PRIOR YEARS .................................................................................................. 86.574,22
OTHER DONATIONS CHARGED TO SURPLUS ...................................................................................... 14.436,00
PEJ 2014/MINECO ............................................................................................................................... 61.914,33
PEJ 2015/ CAM .................................................................................................................................... 19.106,47
PEJ 2016/ CAM .................................................................................................................................... 20.999,24
ISCIIII-PR.EXCED. JPND-COEN ........................................................................................................... 8.253,30
ISCIIII-PR.EXCED. BIOBANK ............................................................................................................. 34.464,57
QUEEN SOFIA FOUNDATION .................................................................................................................. 92.687,53
M+VISION/F.MADRIDMASD PROJECT ............................................................................................ 16.539,00
OTHERS .................................................................................................................................................. 26373,98
TOTAL .................................................................................................................................................... 1.206.348,64

CIEN Foundation Annual Report 2017 / 40