SD5 - 2001 Annual Report of the Commonwealth Neurotrauma Initiative (CNI) Advisory Board

Executive Summary:
In 2001, regulations implementing the Commonwealth Neurotrauma Initiative (CNI) Trust Fund became effective and the program began operations by issuing its first request for proposals (RFP) on March 1, 2001. The CNI Trust Fund currently has a balance of $3,400,683, with a projected annual inflow of approximately $1.2 million. If left untouched, and based on the current balance and the estimated annual inflow, the Fund could grow to approximately $6.7 million by fiscal year (FY) 2004. In response to the March 2001 RFP, the CNI Advisory Board received applications for grants from the Fund totaling over $6.1 million, to be disbursed over the three year period of FYs 2002 through 2004. Preliminarily-approved disbursements from the Fund total $2 to 2.3 million over this three-year period. Additional disbursements following completion of the RFP process, still pending, will increase that range by about $2 million.