Advertising

The Seattle Times Company

NWjobs | NWautos | NWhomes | NWsource | Free Classifieds | seattletimes.com

Local News


Our network sites seattletimes.com | Advanced

The Business of Giving

Exploring philanthropy, non-profits and socially motivated business, from the Gates Foundation to your donation. A fresh look at the economy of good intentions.

March 8, 2010 at 12:01 PM

Comments (0)     E-mail E-mail article      Print Print      Share Share

ISB gets gift of $6 million from anonymous donor

Posted by Kristi Heim

The Institute for Systems Biology said it has received a $6 million donation from a California venture capitalist and philanthropist who wished to remain anonymous.

The gift was designated over five years to help ISB move into a new building to double its space, recruit additional faculty, and fund research in medicine, biofuels and global health.

The 10-year-old non-profit research institute was co-founded by Alan Aderem, Ruedi Aebersold and Leroy Hood and pioneers an integrated approach to medicine with scientists collaborating across different disciplines. The award announced today is important because it provides unrestricted funding, ISB said.

"This outstanding philanthropic leadership provides critical support for truly revolutionary advances in science," said Hood, ISB's president.

"Government funding and industry collaborations succeed in advancing science, to be sure," he said, "but that funding is often restricted to the support of highly prescribed research programs focused on incremental advances."

E-mail E-mail article      Print Print      Share Share

Comments
No comments have been posted to this article.

Recent entries

Dec 17, 10 - 5:52 PM
Talking back: from charity to solidarity

Dec 17, 10 - 1:29 PM
Non-profits counting on year-end fundraisers, volunteers corps

Dec 16, 10 - 1:04 PM
Decade of vaccines begins with new models, funding challenges

Dec 15, 10 - 1:34 PM
U.S. foundations' international giving holds steadier than overall giving

Dec 9, 10 - 9:00 AM
Billionaire pledge swells with Facebook's Zuckerberg and others

Advertising

Advertising

 
Most read
Most commented
Most e-mailed
 
 

Most viewed imagesMore

Advertising

Browse the archives

March 2010

February 2010

January 2010

December 2009

November 2009

October 2009

Blog Roll