In 2011, FAPESP’s income totaled $ PPP 609.47 million, a 20% increase over the 2010 fiscal year. This sum includes resources transferred by the State Treasury (80%) and other revenue sources, such as working capital and income from agreements signed with federal and state agencies, companies and other Brazilian and foreign institutions interested in developing research on topics related to the specific demands of their respective areas of activity and whose scientific challenges converge with FAPESP’s conception of the study’s potential to advance knowledge. By law, FAPESP must maintain profitable assets, the returns on which systematically contribute to an increase in investments in research, complementing the resources that are received from the State Treasury. Funding outlays during the fiscal year reached $ PPP 586.85 million, of which $ PPP 554.09 million was allocated to research funding, representing a 20% increase over 2010. In the last 10 years, accumulated growth surpassed 90%. FAPESP Management: Celso Lafer (President); Carlos Henrique de Brito Cruz (Scientific director); Joaquim José de Camargo Engler (Administrative director); Ricardo Renzo Brentani (Chief executive – until November 2011); José Arana Varela (Chief executive – beginning February 2012). Artistic reproduction by Arcangelo Ianelli (painter, sculptor and draftsman).

Autoria: FAPESP

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