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.
Comments (0)
E-mail article
Print
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."
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


- Lakewood cop accused of embezzling $150K meant for slain officers' families
- 3 big health insurers stockpile $2.4 billion as rates keep rising
- Agency set to investigate handling of 911 call about Josh Powell
- Quick decisions: How Washington hired its new football staff
- Historic day for gay marriage as another fight looms
- Justin Wilcox's versatile defensive style is the right fit for Huskies | Jerry Brewer
- It's Terrence Time: Enigmatic Ross leads Huskies
- Social worker recounts minutes before Powell fire
- $25B settlement reached over foreclosure abuses
- Club promoter convicted in brutal 2010 murder of Des Moines prostitute
- Gay-marriage bill passes House, awaits Gregoire's signature
434 - Historic day for gay marriage as another fight looming
346 - Sheriff's office unhappy with 911 dispatcher in caseworker's call
282 - 3 big health insurers stockpile $2.4 billion as rates keep rising
235 - Source: NY, California to sign mortgage settlement
208 - Oregon live game thread
153 - Pac-12 picks ... including the UW game
140 - Lakewood cop accused of taking donations for slain officers' families
114 - Department of Justice owes the Seattle Police Department an apology
88 - Thursday morning links --- and a video!!!
72
- 3 big health insurers stockpile $2.4 billion as rates keep rising
- State Medicaid program to stop paying for unneeded ER visits
- One man's audacious pursuit of sailing history
- Darren Berg gets 18-year sentence for Ponzi scheme
- $25B settlement reached over foreclosure abuses
- A wandering gene's destructive path | Book review
- 'Gauguin and Polynesia': dazzling mix-and-match | Art review
- UW opening incubator facility for startups
- Controversial principal at Lowell Elementary takes job in Tacoma
- Lakewood cop accused of embezzling $150K meant for slain officers' families


