56
SCIENCE FOUNDATION IRELAND ANNUAL REPORT 2015
Notes to the Financial Statements
For the year ended 31 December 2015
2 Oireachtas Grant
The Oireachtas Grants voted to Science Foundation Ireland from Vote 32, Science and Technology Development
Programme by Department of Jobs, Enterprise and Innovation as shown in the financial statements consist of:
2015
2014
€ ’000
€ ’000
Grants for Current Expenditure
Pay - Note 1*
Administration Expenses Subhead B.4.2
Subhead B.4.2
Grants for Capital Expenditure
Research Grants Subhead B.4.2
3,709
3,725
4,730 5,100
162,000 153,540
170,439 162,365
* Note 1 - The 2015 Pay Allocation is stated net of employee pension contributions of €191,000 (2014: €75,000) remitted
to the Exchequer.
Under Section 11 of the Industrial Development Act, 1993, as amended by Section 4(a) of the Industrial Development Act,
2009, the aggregate amount of grants made by the Minister to Enterprise Ireland, IDA and Science Foundation Ireland to
enable them to discharge their Capital obligations and liabilities shall not exceed €7,000,000,000. At 31 December, 2015
the aggregate amount made available to the three Agencies was €5.52 billion (2014 - €5.190 billion).
3 Other Income
Research Grant Funding:
2015
2014
€ ’000
€ ’000
Starting Investigator Research Grant (SIRG) Funding [Note (i)]
Teagasc [Note (ii)
Irish Cancer Society Co Fund
Health Research Board - Co Fund US/Ireland R & D Partnership
367 -
186
361
142 -
-
4
Total Grant Co funding
695
ERACoSysMed Co Fund
European Space Agency [Note (iii)]
NanoSciE+ [Note (iv)]
Other
11
-
120
120
(2)
99
- 6
Total
824 590
365
(i) EU Marie Curie Fund contribution in 2015 towards SIRG awards made in 2012.
(ii) Contribution from Teagasc for 50% co-funding of two awards made by SFI in 2014 under the 2013 IVP Programme.
Contributions received under Grant Co-Funding for Teagasc are included in Total Grant payments expended in 2015 of
€162,706,039.
(iii) Funding arising from an annual contract between Science Foundation Ireland and ESA for the implementation of a
European Space Education Resource Office (ESERO) in Ireland
(iv) EU Nano Science E+ Collaborative Research Call - income represents final payment due from the EU in relation to this
programme.