Funding overview
Funding for 2015 was US$107.315 million, of which 99.3% came from CGIAR investors and 0.7% from other sources. (net of indirect cost recovery of US$10.711 million), Expenditures were US$106.422 million of which 91.1% was used for program expenses and 8.9% for management and general expenses.
Figure 1 shows the governments and agencies that provided the largest share of our funding in 2014 and 2015 (top 10 donors). IITA`s 2015 total budget-cum-total expenditure are reflected in Figure 2 while 2015 investment by CGIAR Research Programs is shown in Figure 3.
Table 1 lists the investments by CGIAR Research Program, whereas Table 2 shows financial performance indicators for 2015. The list of investors are shown on Table 3.

An experimental cowpea field in IITA, Ibadan.
Figure 1. Funding:top 10 donors, 2014 and 2015

In millions US$
Table 1. 2015 Investment by CGIAR Research Programs.
Budget ($`000) | Actual Expenses ($`000) | |||||
CRP Title | W1/W2 | W3 / Bilateral Project | Total | W1/W2 | W3 / Bilateral Project | Total |
1.2: Humid Tropics | 9,311 | 24,661 | 33,972 | 9,810 | 16,518 | 26,328 |
2: Policies, Institutions & Markets | 300 | 356 | 656 | 300 | 361 | 661 |
3.2: Maize | 1,594 | 13,971 | 15,565 | 1,594 | 12,698 | 14,292 |
3.4: Roots, Tubers & Bananas | 2,813 | 31,066 | 33,879 | 4,577 | 24,143 | 28,720 |
3.5: Grain Legumes | 806 | 11,803 | 12,609 | 806 | 11,304 | 12,110 |
4: Nutrition and Health | 1,277 | 8,159 | 9,436 | 1,277 | 7,198 | 8,475 |
5: Water, Land & Ecosystems | 120 | 6,321 | 6,441 | 120 | 6,565 | 6,685 |
7: Climate Change (CCAFS) | 0 | 2,693 | 2,693 | 1,160 | 926 | 2,086 |
8A: Genebanks | 1,018 | 999 | 2,017 | 1,036 | 886 | 1,922 |
CRP 17,239 | 100,029 | 117,268 | 20,680 | 80,599 | 101,279 | |
Unrestricted /NCRP | 549 | 4,838 | 5,387 | 684 | 4,459 | 5,143 |
17,788 | 104,867 | 122,655 | 21,364 | 85,058 | 106,422 |
1/ Includes CRP1.2 Windows 1&2 Partners’ expenditures (2015: 5.026M and 2014: $8.909M) per CGIAR Advisory Note
Table 2. Performance indicators: Financial health.
2014 | 2015 | |
Short-term Solvency (or Liquidity) | 37 days | 39 days |
Long-term Financial Stability (adequacy of Reserves) | 37 days | 39 days |
Indirect Cost Rates | 18.61% | 14.96% |
Cash Management on Restricted Operations | 0.30 | 0.33 |
Audit Opinion | Unqualified / Clean Bill of Financial Health |
Table 3. List of IITA investors.
2014 | 2015 | |
Investor | (expressed in US$ thousands) | |
African Agricultural Technology Foundation (AATF) | 44 | 16 |
African Development Bank | 14,599 | 16,660 |
AGRA | 752 | 819 |
Austria | 13 | 92 |
Belgium | 1,890 | 1,409 |
Bill & Melinda Gates Foundation | 11,331 | 15,157 |
BMZ, Germany | 1,124 | 321 |
California University | 159 | 183 |
Catholic Relief Services | 88 | 12 |
CIMMYT | 1,999 | 2,361 |
CORAF/WECARD | – | 77 |
Commission of the European Communities | 1,279 | 727 |
Common Fund for Commodities | 822 | 91 |
Cornell University | 851 | 999 |
Consortium of IAR Centers | 33,583 | 20,680 |
Delloite Consulting LLP | 506 | 1,090 |
Denmark | 24 | 6 |
DDPSC | – | 177 |
DRC | 1,011 | – |
FARA | 60 | – |
Food and Agriculture Organization | 91 | 72 |
France | 330 | – |
GIZ | 996 | 2,369 |
Global Crop Diversity Trust (GCDT) | 173 | 235 |
ICIPE | 13 | – |
ICRISAT | 1,287 | 670 |
Illinois University | 168 | 328 |
International Fund for Agricultural Development | 1,200 | – |
IFPRI | 552 | 2,001 |
ILRI | 267 | – |
Ireland | 43 | – |
Japan | 1,196 | 936 |
Leventis Foundation | 75 | – |
Meridian Institute | – | 657 |
Michigan State University | 368 | – |
Netherlands | 1,262 | 900 |
Niger | 352 | 269 |
Nigeria | 4,656 | 2,453 |
Purdue University | 292 | 411 |
Sierra Leone | 238 | 207 |
Sweden | 1,054 | 65 |
Switzerland | 231 | 604 |
United States Agency for International Development | 15,297 | 20,436 |
Wageningen University | 4,306 | 4,884 |
Miscellaneous projects | 3,831 | 5,501 |
Challenge Programs | 986 | 1,989 |
Grand Total | 108,703 | 106,559 |