Milken Institute - Funding Scientific Research: A Giving Smarter Guide (Philanthropy)
A philanthropist’s decision to invest in scientific research and development may be driven by an array of factors. Their giving may be motivated by personal experience with a specific disease, the desire to help improve health and save lives, or the aspiration to improve the status quo. Regardless of one’s motivations, strategic philanthropic investments in medical research require a careful consideration of the philanthropist’s priorities and an understanding of the current state of research to amplify the impact of their giving. With support from Apex Foundation, the Milken Institute Philanthropy Advisory Service provides a landscape analysis of current and best practices for funding scientific research, and informed by interviews with foundation leaders, philanthropy advisors, and government stakeholders. More...