As a foundation, The Hans-Bredow-Institute does not have any funds of its own, it pursues public good projects and does not make any profit. The Institute’s financing is based on allocations made to it and income from projects funded by third parties as well as the output of its publishing house. Hans-Bredow-Institute is a public good foundation and hence permitted to issue receipts for donations.
In 2013, the overall budget amounted to around 2.3 million euros, composed of 837K euros from third party sources of finance, 750K euros in funding from the Free and Hanseatic City of Hamburg, as well as 517K euros from further sources (NDR Media, Medienstiftung Hamburg, Medienanstalten, ZDF). Furthermore, there were additional sums in 2013 for the renovation of the newly occupied premises at Rothenbaumchaussee 36.
The largest part of the Institute’s costs is for staff. The increased allocations from the City of Hamburg have enabled us to expand our range of appointments over the last few years in order to tackle new research fields. In 2013, our material costs were, in addition, notably higher than in previous years; this resulted from the cost of relocating and of renovating the new house.