Total funding for 2008 was US$51.090 million, of which 94.2% came from CGIAR investors and 5.8% from other sources. Expenditure was US$50.747 million (net of indirect costs recovery of US$4.965 million), of which 83.3% was used for program expenses and 16.7% for management and general expenses.

The governments and agencies that provided the largest share of our funding in 2007 and 2008 are shown in Figure 1 (top 10 donors).

Our 2007 and 2008 expenditures by CGIAR system priorities and our program portfolio are shown in Figures 2a, 2b  and 3, respectively; while the performance indicators, as prescribed by CGIAR, are reflected in Figure 4.

Figure 3. Expenditure by IITA Program Portfolio: 2007 and 2008
2007 2008
Project Cost ($`000) % Cost ($`000) %
Agriculture and Health 2,056 4.5 2,299 4.5
Agrobiodiversity 4,339 9.6 2,765 5.4
Banana and Plantain Systems 4,638 10.2 5,054 10.0
Cereals and Legumes Systems 9,218 20.3 13,673 26.9
Opportunities and Threats 2,366 5.2 2,834 5.6
Horticulture and Tree Systems 7,701 17.0 8,512 16.8
Roots and Tubers Systems 14,176 31.2 14,644 28.9
Systemwide Program on Integrated Pest Management 873 1.9 966 1.9
Total 45,367 100 50,747 100
Figure 4. Performance Indicators: Financial health
2007 2008
Short-term solvency (or liquidity) 175 days 158 days
Long-term financial stability (adequacy of reserves) 175 days 158 days
Indirect Cost Rates 21.2% 20.4%
Cash management on restricted operations 0.07 0.24
Audit opinion Unqualified / Clean bill of financial health
List of IITA investors
Investors 2008 (in thousands US$)
African Agricultural Technology Foundation (AATF) 223
Austria 259
Belgium 1,767
BMZ, Germany 1,267
Cadbury Schweppes 374
Canada 2,092
Catholic Relief Services (CRS) 944
Chemonics International 114
Commission of the European Communities 2,251
Common Fund for Commodities (CFC) 350
Denmark 777
Department for Int’l Development, UK 1,174
Food and Agriculture Organization (FAO) 519
France 175
Gates Foundation 1,325
Gatsby Charitable Foundation 283
Global Crop Diversity Trust (GCDT) 165
International Fund for Agricultural Development (IFAD) 827
Ireland 765
Italy 379
Japan 411
Korea, Republic of 50
Netherlands 833
Nigeria 1,255
Norway 1,984
PLAN International 145
Rockefeller Foundation 392
Shell Petroleum Development Company of Nig. Ltd. 274
South Africa 40
Sweden 486
Switzerland 393
United Nations Development Program 152
United States Agency for International Development (USAID) 13,981
W. K. Kellogg Foundation 266
World Bank 3,000
Miscellaneous Projects 4,233
Challenge Programs 4,225
Grand total 48,150