Topics in this Annual Report include: A Tradition of Innovation (Douglas F. Antczak); Table of Contents; Research (Hip Dysplasia and Osteoarthritis, Reproduction, Virology, Immunology and Genetics; Canine Inherited Eye Disease);Outreach: Beyond the Laboratory, Activities); Awards: Leaders in Their Field: 2003 Institute Awards: Financial Summary 2003; Financial Summary 2004; Baker Institute Advisory Council; Advisory Council Members; Collaborators toward a Common Goal: Private Support at the Baker Institute in 2003 and 2004; Honor Roll of Giving 2003; Honor Roll of Giving 2004; Baker Institute Memorial Gift Program: We extend our gratitude to Participating Veterinarians; Laying the Groundwork for Research; Who We Are.