NSF seizes funding IMA and MBI
It appears that the NSF-funded Institute for Mathematics and Its Applications (IMA) at the University of Minnesota will be closing its doors within a couple of years, and its sister institute, MBI (the Mathematical Biosciences Institute) at Ohio State will not continue much longer in its present form. The IMA had undergone a site visit in the autumn of 2014 resulting in a recommendation for continued funding from the National Science Foundation (NSF). This is why the oral communication to the IMA (no longer funding it after two years of ramp-down) was met by surprise and choc. It has probably to be seen of the background of severe budget cuts that the Division of Mathematical Sciences had to absorb in recent year.
Mathematicians who profited from participation in IMA programs have set up a petition urging the NSF to reconsider its decision.