News of the WeekPHILANTHROPY

Russian Billionaires Launch Science Fund

Science  09 Mar 2001:
Vol. 291, Issue 5510, pp. 1878
DOI: 10.1126/science.291.5510.1878a

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Summary

MOSCOW-- Last month, a new foundation endowed with $1 million from a pair of young tycoons announced that more than 200 researchers will receive salary supplements of up to $10,000 this year--as much as 10 times their annual salary. While commending the so-called oligarchs for their generosity, some observers have complained about the secrecy of the selection process.

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