Thoughts from the President

October 18, 2024 - Budget Season

Dear Danforth Center Community,

Believe it or not, the 2025 budget process ongoing now at the Danforth Center is an interesting process! It starts with each department leader preparing a proposed budget with all projected expenses and revenue for the coming year, along with brief summaries of their team, recent achievements, goals, opportunities and challenges. Each department leader meets with the team of Djuan Coleman (Director of Financial Planning), Hal Davies (VP for Finance), Denise Coffer (Manager of Financial Planning) and me, during which we ask lots of question and provide guidance for budget revisions. After all department budgets are presented, the finance team pulls together a Center draft budget and we ask the following questions: Does this budget support Center priorities, needs and goals, and will we have the money to pay for everything? If one or both answers is “No,” then we have more work to do before seeking approval of the budget from the Board of Directors in November.

The budget process focuses my attention on three critical areas: 1) Our mission and strategic priorities; 2) our capabilities and capacity; and 3) our financial sustainability. The work we do at the Danforth Center should fall at the intersection of all three areas, outside of which is problematic. For example, a proposed project that is mission-aligned and within our capabilities, but lacking a source of funding, can’t get very far. A program that is mission-aligned and somehow funded, but outside of our capabilities, is a bit delusional. This simple guide helps us make decisions about resource allocation during the budget process.

This year, I’ve taken note of how many core facilities are delivering on needs, growing efficiencies, and bolstering their financial positions. The Data Science Core has grown data analysis services that benefit more research teams, but with lower costs due to partnerships with other cores and labs, migration to cloud computing/data storage, and better alignment of team members’ capabilities with the actual needs. The Bioanalytical Chemistry Facility (formerly known as Proteomics and Mass Spectrometry) has expanded services, increased numbers of users, and generated more revenue by consolidation with the Ionomics team and cross-training of team members. The Plant Transformation Facility has been able grow revenue to offset costs, but without increasing the size of the team. These kinds of developments help everyone because they relieve pressure on the overall budget.

Thank you to Djuan, Denise, Hal and all of the department leaders who are working hard to deliver a manageable, purposeful budget for the Danforth Center.

Jim Carrington,
President and Chief Executive Officer

Previous Weekly Messages from Jim Carrington

Danforth Center Response Plan

The Danforth Plant Science Center recognizes the potential of exposure to Coronavirus (COVID-19) in our building and the impact it could have on our people and the Center. Accordingly, we have a plan in place in the event of a positive test for COVID-19 of an individual who was present in our Building(s).

Danforth Center Updates

During this unique moment in history, the first priority of the Donald Danforth Plant Science Center is the health and safety of our Center community, our families, and those who work with us.