New RIDT website accepts donations for research
The recently set up University of Malta’s Research Innovation and Development Trust (RIDT) is inviting individuals and corporations to support the university’s research activities by making donations through its new online donation portal: www.ridt.org.mt.
The donation portal is part of a new RIDT website that provides a platform through which the public can stay updated on developments within the Trust and the University’s research activities. The website features some initial case studies of research projects that are being carried out at University. New case studies will be updated on a regular basis.
With this Trust, the University confirms its resolve to increase its role in research and innovation, contributing to Malta’s socioeconomic development. To realise these goals, the University requires independent funds. RIDT is asking individuals and groups to help; even small amounts as single donations are appreciated.
Wilfred Kenely, RIDT CEO, said: “The future of the University’s research activities will rely heavily on funding resources. A lot is already being done with a very modest research budget that the University receives from the government and from its participation in research programmes. We are now reaching out to other stakeholders for support. We believe that with the help of the generous Maltese community, especially of graduates and alumni from this University, we will be able to further the advancement of research, innovation and development in all areas of study in Malta.”
Donations, which can be made towards specific areas of interest or to the University trust in general, are tax-deductible. Donations of €150 and over may be claimed as a deduction against income for the year of assessment in which they are made.
The Trust fund was established at the University of Malta with an initial capital outlay of €500,000 invested by the Maltese Government. As the University expands its sphere of research projects, it is becoming increasingly reliant on patronage and sponsorships from corporate and independent donors.
Earlier this year, the University of Malta published its first biannual magazine, Research Matters, featuring some of its key research projects at the University of Malta.