Our Funding Priorities
New Regenerative Medicine Research Building
Construction has completed on this $41 million, 65,000-square-foot laboratory building with a $20.5 million challenge grant from the California Institute of Regenerative Medicine; this grant must be matched by $20.5 in gifts from other sources. The Institute seeks gifts to name the new building ($12.5 million) as well as various interior areas ($100,000 to $2 million). Use this link for more information on the new building.
Matching Gifts for Foundation Grants
Federal research grants are highly desirable because they provide both “direct costs” for laboratory personnel, supplies, and equipment, as well as “indirect costs” to underwrite facility and administrative support functions essential to the conduct of research. Because competition for federal research grants has intensified with declining federal support, the average age at which an investigator receives his/her first grant from the National Institutes of Health has now risen to 41! Thus, most young faculty scientists have little chance for research funding other than foundation grants, which generally cover only direct costs – not indirect costs. Federal restrictions require that foundation grants be accepted only if other funds are obtained to support the unfunded indirect costs. The Institute seeks gifts of all amounts to cover these unfunded indirect costs, thus enabling the Institute’s young investigators to accept foundation grants, and enabling donors to double the impact of their gifts.
Recruitment of New Scientific Faculty
The Institute seeks to add 12 new Scientific Faculty by 2015 and will need to spend $2 - $3 million to recruit, equip, and provide initial laboratory support for each new Faculty scientist – funds not available from federal grants and must therefore be obtained from private contributions. A gift of $2.5 million entitles the donor to name the position in perpetuity (“Endowed Professorship”).
Support of New “High-Risk, High-Payoff” Research Initiatives
Many significant advances in medicine in recent decades were initially funded not by federal grants but by private contributions. The Institute actively seeks gifts of all sizes to support promising “high-risk” concepts with potential for “high payoff” medical application, but which are not yet sufficiently developed and tested to qualify for federal or foundation grant support.
Support of Community Education in Aging
The Institute hosts highly popular Community Seminars – quarterly lectures in the Drexler Auditorium during which Institute scientists and external experts deliver stimulating, informative lectures on aging, age-related diseases, and cutting-edge research. Evening seminars are also offered twice yearly at other Bay Area locations. The Institute seeks gifts and corporate sponsorships to expand its Community Lecture series throughout Northern California.
Support of Student Science Education
Since 2000, the Summer Scholars Program has provided Bay Area high school and college students with the opportunity for hands-on experience working in our research laboratories. The Institute actively seeks gifts and corporate sponsorships to expand the number of students enrolled, as well as to extend its science education programs to younger students.
For more information concerning a gift in support any of the Buck Institute’s highest funding priorities, please contact:
Carlotta Duncan, PhD
Director of Scientific Advancement
Department of Resource Development
Tel: (415) 209-2267