Finances

The Elcano Royal Institute fulfils its mission thanks to the financial support of a range of companies and public and private organisations. Since its establishment as a private foundation in 2001, it has sought the right balance between its various sources of public and private funding, whilst also striving for greater diversification.

This section sets out the latest budgets, the annual accounts, and details of private and public funding over recent years.

Budgets

2026 Fiscal year budget

2025 Fiscal year budget

Annual accounts

2024 Annual accounts

Funding

2025 Fiscal year funding (Budget)

2024 Fiscal year funding

Public funding

Law 19/2013 of 9 December on transparency, access to public information and good governance.

2025 Fiscal year

GrantsEuros
Ministry of Culture45,000
Secretary of State for the European Union (Ministry of Foreign Affairs, the European Union and Cooperation)28,800
Ministry of Economy, Trade and Business220,000
Secretary of State for Global Spain (Ministry of Foreign Affairs, the European Union and Cooperation)54,368
Contributions
Madrid City Council150,000
Renfe Operadora157,500

2024 Fiscal year

GrantsEuros
Ministry of Economy, Trade and Business50,000
Ministry of Economy, Trade and Business170,000
Ministry of Culture45,000
Ministerio de Defensa60,000
Secretary of State for the European Union (Ministry of Foreign Affairs, the European Union and Cooperation)34,320
Secretaría de Cooperación Internacional (Ministerio de Asuntos Exteriores, Unión Europea y Cooperación)100,000
Secretary of State for Global Spain (Ministry of Foreign Affairs, the European Union and Cooperation)79,950
Contributions
Madrid City Council150,000
Renfe Operadora157,500