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by SJC_Hacker
401 days ago
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Generally its universities that are getting the money directly. Its mostly for big ticket items, especially buildings, and especially where they can attach their name to it. Like at Stanford its the "Gates Computer Science" building. Other than that there are foundations that issue grants to individual researchers, e.g. Gates also has a foundation. There are others such as Burroughs-Wellcome, Clayton Foundation, etc. The private foundations are generally very stingy with "Facilities and Administration" fees, which was in the news recently as the fight over NIH/NSF funding which can go in the 50-60% range. Private generally doesn't go over 15%, frequently its much less. |
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