Click here to close now.




















Welcome!

News Feed Item

Benefunder To Launch New Funding Channel For Higher Education Research

More than 100 UC San Diego researchers will be involved in a two-year pilot program

SAN DIEGO, Aug. 14, 2014 /PRNewswire-USNewswire/ -- Benefunder, a San Diego-based philanthropic research funding platform for higher education institutions, and the University of California, San Diego, recognized as one of the top 15 research universities worldwide, have signed a Memorandum of Understanding (MOU) to embark on a two-year pilot program. The long-term goal of the partnership between UC San Diego and Benefunder is to allow junior and senior faculty in diverse disciplines to create funding relationships with private supporters from across the country, and generate one-time and recurring donations to fund their work and vision.

Benefunder Launches New Funding Platform for Research

The mission of Benefunder, which is pending status as a 501(c)(3) nonprofit organization, is to reduce the innovation deficit by directing more philanthropic funding towards research and innovation at leading universities. This deficit comes as a result of stagnant or reduced government funding for academic research.

Benefunder's new platform intends to increase the share of philanthropic funding that gets channeled to research. Last year, total U.S. charitable giving topped $335 billion; nearly 87 percent of that came from individuals, bequests and family foundations according to Giving USA. Benefunder targets major sources, including wealth management firms, private foundations, family offices for high net worth individuals and corporations into academic research, matching each donor with research that matters to them. The organization has established an online portal at Benefunder.org that enables donors to find, fund and follow researchers' progress updates, findings, new ideas and other information.

"People and businesses make donations every year to causes and issues they care about," says Sandra A. Brown, vice chancellor for research at UC San Diego. "Our researchers work on some of the most critical issues facing the world today. Benefunder is a way for donations to have a direct and powerful effect—to help understand and solve problems and enhance the quality of lives around the world. The hope is that working together we will actively expand funding opportunities for our researchers through new engagements."

Benefunder's CEO, Christian Braemer, adds, "Benefunder will be working with both Dr. Brown and the Office of Research Affairs at UC San Diego to on-board researchers in all areas of research including medical, technology, engineering, environmental sciences, social sciences, the arts and more to ensure this program's success."

Braemer notes that available causes will range from exploratory phases through basic and applied to research nearing commercialization, including cross disciplinary areas that are often overlooked by traditional funding sources.

In addition to this research, Benefunder will also be creating a profile for donors to directly contribute to causes like the Chancellors Associates Scholars program, various centers and other high level priorities.

"There is an enormous untapped opportunity to engage wealth management firms and family offices in research giving," believes Braemer. "Benefunder fosters one-time and long-term relationships between researchers and donors based on a mutual interest, intellectual pursuit or social cause. Moreover, the platform primarily focuses on new funding sources, and will directly integrate with these sources to channel donations to UC San Diego."

The organization's business model is designed to create a long-term donation pipeline that matches potential donors to research that interests them, giving UC San Diego researchers a wider reach and more diversified sources of funding in the future.

Researcher Ralph Greenspan, who leads The Center for Brain Activity Mapping at UC San Diego, has joined the pilot program. "Benefunder represents an innovative answer to an increasingly pressing need in research: support for fundamental, basic science," he says. "It is well demonstrated that the most far-reaching and momentous advances in technologies and therapies come from the most fundamental breakthroughs in basic science, whose applications then become apparent. That valuable source of discoveries has been all but choked off.  Benefunder offers a viable path to reopening it."

ABOUT BENEFUNDER
Benefunder is a new philanthropic platform that channels funds from private wealth management firms, corporate donors and (family) foundations into academic research, with minimal overhead and maximal transparency. Benefunder helps donors to find, fund, and follow the research that matters to them, by matching them with the right researchers. It provides researchers with a new opportunity to create lasting relationships with suitable patrons from across the country and generate recurring donations to fund their work and vision. Learn more at benefunder.org.

ABOUT UC SAN DIEGO
The University of California, San Diego is a student-centered, research-focused, service-oriented public institution that provides opportunity for all. Recognized as one of the top 15 research universities worldwide, a culture of collaboration sparks discoveries that advance society and drive economic impact. Our students, who learn from Nobel laureates, MacArthur fellows and National Academy members, are committed to public service. For the fourth consecutive year, UC San Diego has been ranked first in the nation based on research, civic engagement and social mobility. We are one campus with multiple pillars of excellence, a top ten public university that is transforming lives, shaping new disciplines and advancing the frontiers of knowledge.  Learn more at www.ucsd.edu.

Media contact: Christian Braemer, [email protected], 858-215-1136

Photo - http://photos.prnewswire.com/prnh/20140814/136381

SOURCE Benefunder

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Chuck Piluso presented a study of cloud adoption trends and the power and flexibility of IBM Power and Pureflex cloud solutions. Prior to Secure Infrastructure and Services, Mr. Piluso founded North American Telecommunication Corporation, a facilities-based Competitive Local Exchange Carrier licensed by the Public Service Commission in 10 states, serving as the company's chairman and president from 1997 to 2000. Between 1990 and 1997, Mr. Piluso served as chairman & founder of International Te...
The Software Defined Data Center (SDDC), which enables organizations to seamlessly run in a hybrid cloud model (public + private cloud), is here to stay. IDC estimates that the software-defined networking market will be valued at $3.7 billion by 2016. Security is a key component and benefit of the SDDC, and offers an opportunity to build security 'from the ground up' and weave it into the environment from day one. In his session at 16th Cloud Expo, Reuven Harrison, CTO and Co-Founder of Tufin,...
Container technology is sending shock waves through the world of cloud computing. Heralded as the 'next big thing,' containers provide software owners a consistent way to package their software and dependencies while infrastructure operators benefit from a standard way to deploy and run them. Containers present new challenges for tracking usage due to their dynamic nature. They can also be deployed to bare metal, virtual machines and various cloud platforms. How do software owners track the usag...
SYS-CON Events announced today that MobiDev, a software development company, will exhibit at the 17th International Cloud Expo®, which will take place November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. MobiDev is a software development company with representative offices in Atlanta (US), Sheffield (UK) and Würzburg (Germany); and development centers in Ukraine. Since 2009 it has grown from a small group of passionate engineers and business managers to a full-scale mobi...
With SaaS use rampant across organizations, how can IT departments track company data and maintain security? More and more departments are commissioning their own solutions and bypassing IT. A cloud environment is amorphous and powerful, allowing you to set up solutions for all of your user needs: document sharing and collaboration, mobile access, e-mail, even industry-specific applications. In his session at 16th Cloud Expo, Shawn Mills, President and a founder of Green House Data, discussed h...
For IoT to grow as quickly as analyst firms’ project, a lot is going to fall on developers to quickly bring applications to market. But the lack of a standard development platform threatens to slow growth and make application development more time consuming and costly, much like we’ve seen in the mobile space. In his session at @ThingsExpo, Mike Weiner, Product Manager of the Omega DevCloud with KORE Telematics Inc., discussed the evolving requirements for developers as IoT matures and conducte...
There are many considerations when moving applications from on-premise to cloud. It is critical to understand the benefits and also challenges of this migration. A successful migration will result in lower Total Cost of Ownership, yet offer the same or higher level of robustness. In his session at 15th Cloud Expo, Michael Meiner, an Engineering Director at Oracle, Corporation, analyzed a range of cloud offerings (IaaS, PaaS, SaaS) and discussed the benefits/challenges of migrating to each offe...
One of the hottest areas in cloud right now is DRaaS and related offerings. In his session at 16th Cloud Expo, Dale Levesque, Disaster Recovery Product Manager with Windstream's Cloud and Data Center Marketing team, will discuss the benefits of the cloud model, which far outweigh the traditional approach, and how enterprises need to ensure that their needs are properly being met.
In their session at 17th Cloud Expo, Hal Schwartz, CEO of Secure Infrastructure & Services (SIAS), and Chuck Paolillo, CTO of Secure Infrastructure & Services (SIAS), provide a study of cloud adoption trends and the power and flexibility of IBM Power and Pureflex cloud solutions. In his role as CEO of Secure Infrastructure & Services (SIAS), Hal Schwartz provides leadership and direction for the company.
In a recent research, analyst firm IDC found that the average cost of a critical application failure is $500,000 to $1 million per hour and the average total cost of unplanned application downtime is $1.25 billion to $2.5 billion per year for Fortune 1000 companies. In addition to the findings on the cost of the downtime, the research also highlighted best practices for development, testing, application support, infrastructure, and operations teams.
"We've just seen a huge influx of new partners coming into our ecosystem, and partners building unique offerings on top of our API set," explained Seth Bostock, Chief Executive Officer at IndependenceIT, in this SYS-CON.tv interview at 16th Cloud Expo, held June 9-11, 2015, at the Javits Center in New York City.
Mobile, social, Big Data, and cloud have fundamentally changed the way we live. “Anytime, anywhere” access to data and information is no longer a luxury; it’s a requirement, in both our personal and professional lives. For IT organizations, this means pressure has never been greater to deliver meaningful services to the business and customers.
The Internet of Everything (IoE) brings together people, process, data and things to make networked connections more relevant and valuable than ever before – transforming information into knowledge and knowledge into wisdom. IoE creates new capabilities, richer experiences, and unprecedented opportunities to improve business and government operations, decision making and mission support capabilities.
Puppet Labs has announced the next major update to its flagship product: Puppet Enterprise 2015.2. This release includes new features providing DevOps teams with clarity, simplicity and additional management capabilities, including an all-new user interface, an interactive graph for visualizing infrastructure code, a new unified agent and broader infrastructure support.
Learn how to solve the problem of keeping files in sync between multiple Docker containers. In his session at 16th Cloud Expo, Aaron Brongersma, Senior Infrastructure Engineer at Modulus, discussed using rsync, GlusterFS, EBS and Bit Torrent Sync. He broke down the tools that are needed to help create a seamless user experience. In the end, can we have an environment where we can easily move Docker containers, servers, and volumes without impacting our applications? He shared his results so yo...