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Financing of the Institute
In a "Letter of Intent" signed by Sir Peter Ustinov, Mayor Dr. Michael Häupl and City Councillor Mailath-Pokorny on 24 June 2003, the City of Vienna provided the funds required for setting up the Institute.
Currently, City-of-Vienna funding covers the expenditure for the guest professorship and part of the expenditure for specialist conferences as well as the reimbursement of the Institute of Conflict Research for essential organisational core activities (accounting, telecommunications, organisation of General Meetings and Board Meetings, meetings of the Academic Advisory Council, etc). The Sir Peter Ustinov Institute has benefited substantially from its cooperation with the Institute of Conflict Research.
For additional projects, such as the manual, practical tools for teachers and specialist literature, the Institute depends on funding from sponsors. In this context we are greatly indebted to the Ustinov Foundations in Düsseldorf/Munich and Geneva, to voestalpine AG, Austrian Federal Ministry for Education, Arts and Culture and to a number of other institutions.
The Institute is obliged to practise the strictest economy. Nobody is employed. The conceptual tasks, but also many routine tasks are performed by the members of the Board and of the Academic Advisory Council. All members of these bodies work on a voluntary basis.
In § 4 the Statutes provide for "supporting membership" of physical and legal persons wishing to assist the Institute with a one-off payment or regular financial contributions. Supporting members have an advisory vote at General Meetings.