HHMI Endowment Fell 20 Percent in FY 2009 | GenomeWeb

NEW YORK (GenomeWeb News) - Howard Hughes Medical Institute warned it could make additional budget cuts above those carried out in the year ending Aug. 31, after ending the fiscal year with a $3.5 billion, or 20 percent, drop in its endowment, according to its 2009 Annual Report — the first time the institute has published its full yearly report on the Internet.

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