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From page 20...
... As a result, private philanthropic giving to scientific research has been increasing as wealthy entrepreneurs turn from their businesses to broader social concerns. In addition, universities have been Robert Conn, President and Chief Executive Officer, funding research from their own endowments The Kavli Foundation 20
From page 21...
... For example, her reasons, government cannot do. organization, with support from the Rita Allen First, philanthropies can have a higher Foundation, has been able to provide grants tolerance for risk, whereas government may to graduate students and postdoctoral fellows have to opt for less risky options.
From page 22...
... Shirley Ann Jackson, president of Rensselaer Polytechnic Institute, also pointed to areas where philanthropies can compensate for failures in the traditional funding model. They can fund infrastructure development that the Harvey Fineberg, President, Gordon and Betty Moore federal government cannot support, such as Foundation, and Shirley Ann Jackson, President, Rensselaer Polytechnic Institute 22
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