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Another big gift - Printable Version

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Another big gift - BostonCard - 03-23-2016

Paul Allen, cofounder of Microsoft, is giving Stanford and Tufts $100 million to fund projets at the "fronteirs of bioscience".

https://www.washingtonpost.com/news/to-your-health/wp/2016/03/23/philanthropist-paul-allen-announces-100-million-gift-to-expand-frontiers-of-bioscience/

BC


Re: Another big gift - 82lsju - 03-23-2016

(03-23-2016, 04:08 PM)Boston Card link Wrote:Paul Allen, cofounder of Microsoft, is giving Stanford and Tufts $100 million to fund projets at the "fronteirs of bioscience".

https://www.washingtonpost.com/news/to-your-health/wp/2016/03/23/philanthropist-paul-allen-announces-100-million-gift-to-expand-frontiers-of-bioscience/

BC

the funds are spread around a little more than that

Billionaire philanthropist Paul Allen has announced a $100 million commitment over 10 years to fund scientific endeavors at the “frontiers of bioscience" that he describes as having major implications for humankind.

An initial set of grants, announced Wednesday, will go to Stanford and Tufts universities
...
the group hopes to ramp up its grant-making quickly and aims to fund up to 10 partner centers and 25 scientists at any given time.
...
Each Frontiers Group partner university will receive up to $30 million and researchers $1 million to $1.5 million.


Re: Another big gift - BostonCard - 03-23-2016

Just me or does the math not add up.  10 centers getting $30 million each and 25 scientists getting even the more conservative $1 million is $325 million.

BC


Re: Another big gift - 82lsju - 03-23-2016

(03-23-2016, 04:16 PM)Boston Card link Wrote:Just me or does the math not add up.  10 centers getting $30 million each and 25 scientists getting even the more conservative $1 million is $325 million.

BC

well the amount for a center is "up to $30m" each so could be a lot less than $300m.....


Re: Another big gift - CowboyIndian - 03-23-2016

(03-23-2016, 04:08 PM)Boston Card link Wrote:...$100 million to fund projets

Some left over for the French department, too, obviously.


Re: Another big gift - Rally - 03-23-2016

Over ten years, less tax deductions:  chump change for him.  I have seen his yacht.  Cost more than this.


Re: Another big gift - burger - 03-23-2016

Paul has been (through a different charitable venture) paying my salary for the last few years.  He's funded some pretty cool stuff--a big neuroscience venture, a marine conservation initiative.  It's nice to see Stanford getting a bit of his largess.


Re: Another big gift - fullmetal - 03-23-2016

IIRC, the CIS-X building bears Allen's name.


Re: Another big gift - CrazedZooChimp - 03-23-2016

(03-23-2016, 10:42 PM)fullmetal link Wrote:IIRC, the CIS-X building 59ers Allen's name.

It does indeed.