 Headlines
Pew Partnership Announces National Program to Share
Successful City Solutions
Lincoln Center for the Performing Arts Receives
$25 Million Gift
Howard Hughes Medical Institute Gives $91.1 Million to
Undergraduate Sciences
Eli Broad Donates $18 Million to California Institute
of Technology
Arnold O. Beckman Donates $14.4 Million to Science
Education in California
1998 Lasker Awards Recognize Medical and Scientific
Achievements
Milken Family Foundation Honors Educators With Awards
Milken Foundation Donates $10 Million for Jewish High
School
University of Southern California's School of Education
Receives $20 Million
David and Lucile Packard Foundation Gives $1.4 Million
to Arts Program in California
$1 Million Donation Provides Home for Emotionally
Troubled Foster Children in California
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PHILANTHROPY NEWS DIGEST
The California Institute of Technology (Caltech) has
received an $18 million donation from civic and business
leader Eli Broad to create the Broad Center for the
Biological Sciences, intended to help drive technological
and scientific innovation and solidify southern California's
role as a leader in the biotechnology industry.
"Advances in the biological sciences will have the single
greatest impact on human experience in the coming century,"
said Broad. "I want southern California to be a leader in
this critically important field, and Caltech is uniquely
qualified to spearhead this remarkable new initiative."
Broad's gift is the largest donation so far in Caltech's
new Biological Sciences Initiative, which aims to raise
$100 million for new faculty and resources. A total of
$56 million has been raised since May of 1998.
"Caltech Launches Major Bioscience Initiative With
$18 Million Donation From Eli Broad." PR Newswire Online
9/15/98.
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