Research foundations: Philanthropic risks can hit home runs

Nature 547, 7662 (2017). doi:10.1038/547162b

Author: Melissa L. Stevens

As an adviser to medical-research foundations on effective donation (see C.FiennesNature546, 187;10.1038/546187a2017), I contend that philanthropic capital has an intrinsic advantage over public funding: it thrives on risk. This encourages the testing of bold ideas, even when via