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Weizmann Institute Approves Il 41.4 Million Budget; Will Cut Fellowships

March 26, 1968
See Original Daily Bulletin From This Date
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The Weizmann Institute of Science adopted an IL 41.4 million ($12 million) budget for 1968-69 here yesterday but said that financial exigencies would permit it to grant only nine fellowships for overseas students in the current year out of 179 applications.

The Institute announced at a dinner here last night that the John F. Kennedy Memorial Foundation in the United States raised IL 7.5 million ($2.1 million) this year to support research and to provide post-doctoral fellowships to outstanding Israeli scientists for advanced training in the United States. The Institute’s annual budget was approved by its executive council under the chairmanship of Meyer Weisgal. Out of the total amount, IL 32 million ($9.2 million) are for operational expenses and IL 9.4 million ($2.7 million) are for development purposes.

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