Financials

Total 2008 Revenue (in millions) for the Period Ending August 31, 2008

Total 2008 Revenue: 1139.3

Revenue Comparison 2007–08 (in millions)20072008Change
Faculty Practice Plans, Clinical Income$ 446.8$ 469.515.1%
Research Grants & Contracts266.1290.029.0%
Support from Affliated Hospitals203.6187.33-8.0%
Endowment Income52.258.311.5%
All Other Sources47.248.32.2%
Support for Graduate Medical Education66.767.51.3%
Tuition & Fees42.846.07.6%
Support from Northwestern Medical Faculty Foundation37.234.84-6.6%
Expendable Gifts19.325.531.9%
Less: Consolidating Entries(91.0)(87.9)5
Total Revenue$ 1,091.0$ 1,139.34.4%

1 Revenues reported by Northwestern Medical Faculty Foundation (NMFF) and Pediatric Faculty Foundation (PFF).

2 Includes $85.0 million in extramural funding for research by FSM faculty members at affiliated hospitals.

3 FY08 includes contributions of $140.0 million reported by hospitals not reflected on FSM books, offset by $6.4 million in VA support to Graduate Medical Education (GME), $3.7 million in FSM support to GME, $2.9 million in NMFF support to GME, and $0.4 million in other support to GME. These offsets are accounted for in the category “Support for Graduate Medical Education.”

4 Reflects only contributions actually processed through FSM books; excludes in-kind contributions to teaching and research.

5 Includes $34.28 million in NMFF support to FSM and $53.1 million in additional NMH support to NMFF. These amounts are eliminated since they are duplicated in various revenue categories listed above.