The 2012/13 total research revenue/expenses of BC Children's Hospital Research Institute (formerly named "Child & Family Research Institute (CFRI)" was approximately $70.9 million, including grants, contracts and agreements received from foundations, granting agencies and organizations, government, hospitals and universities. Operating funding in 2012/13 increased by $2.5 million, from $66.1 million in 2011/12 to $68.6 million in 2012/13. Total funding increased by $0.7 million, attributable to increased funding from industry/government grants and contracts. Expenses of $70.9 million were allocated as shown below.