@techreport{NBERw18146, title = "Evaluating the Role of Science
Philanthropy in American Research Universities", author = "Fiona
E. Murray", institution = "National Bureau of Economic
Research", type = "Working Paper", series = "Working Paper
Series", number = "18146", year = "2012", month = "June", URL =
"http://www.nber.org/papers/w18146", abstract = {Philanthropy
plays a major role in university-based scientific, engineering
and medical research in the United States contributing over
$4Billion annually to operations, endowment and buildings
devoted to research. When combined with endowment income,
university research funding from science philanthropy is
$7Billion a year. This major contribution to U.S. scientific
competitiveness comes from private foundations as well as gifts
from wealthy individuals. From the researcher’s perspective,
analysis in this paper demonstrates that science philanthropy
provides almost 30% of the annual research funds of those in
leading universities. And yet science philanthropy