Greenberg Center for the Study of Inflammation, Microbiome, and Metabolism and The Starr Center for Computational and Quantitative Science. Back in 2019, Starr made a donation on a similar scale - $50 million to Rockefeller University to establish the Maurice R. The new gift to Memorial Sloan Kettering is not the Starr Foundation’s first transformative grant for basic science research. In 2019, the foundation made the lead contribution to a $160 million scholarship program at Weill Cornell Medicine that aims to eliminate all medical education debt for its students who qualify for financial aid. The Starr Foundation has also taken part in the growing movement to ease the tens or hundreds of thousands of dollars in debt that medical students frequently incur during their training. Over the years, Starr has supported medical research in areas other than cancer, including stem cells, cardiac disease, HIV-AIDS and others, Davis said. The consortium includes five major cancer research institutions: Broad Institute of MIT and Harvard, Cold Spring Harbor Laboratory, Memorial Sloan-Kettering Cancer Center, Rockefeller University and Weill Cornell Medical College. MSK is a partner in the Starr Cancer Consortium, which Starr established in 2006 with a $100 million grant, and with an aim to encourage and support multi-institutional research that digs into key questions of cancer and its treatment. Typically, Starr’s grantmaking has favored established nonprofits with a long track record, and the foundation does, in fact, have a long and substantial relationship with Memorial Sloan Kettering. The new funding will enable the creation of a new endowed research position, and support the training and mentoring of new and early career scientists. However, as scientists are often keen to point out, you can’t have later-stage studies of therapies without the basic science these potential treatments are based on.įor instance, several important, newer breakthroughs in cancer treatment, such as immunotherapy and targeted treatment, are built upon fundamental research that was conducted at Memorial Sloan Kettering. ![]() Basic research may ultimately lead to cures and treatments, but it is often harder to fund than later-stage clinical research involving the testing of potential treatments and medicines. The Discovery program will conduct basic laboratory research, also known as bench science or research. The Discovery Science program is all about basic science, and will support the scientists at Sloan Kettering Institute (SKI), the research arm of Memorial Sloan Kettering. The funding establishes the Starr Foundation Program for Discovery Science. One sign of that narrower focus: a $50 million grant to Memorial Sloan Kettering Cancer Center, announced this month. “At the moment, we are quite focused on our longstanding medical research programs,” she said. Davis, the foundation’s director and president. Starr has also supported basic scientific research at the New York Botanical Garden and at the Wildlife Conservation Society - both well-established organizations, similar to the medical institutions it supports.ĭespite these broad historical interests, Starr has narrowed its focus a bit recently, said Florence A. In its 75 years in operation, the foundation says it has given more than $3.8 billion in program areas including education, medicine and healthcare, international relations, culture, human needs (like food, job training, literacy and emergency housing) and the environment. In Starr’s case, those circles include scientific and medical research, particularly cancer research.īased in New York City, the Starr Foundation has been around quite a while - since 1955, when it was established by insurance entrepreneur Cornelius Vander Starr. ![]() But any organization capable of making a $50 million donation - as Starr did recently - is going to remain relevant in the circles in which it operates. ![]() ![]() With approximately $1.5 billion in assets, the Starr Foundation is one of the larger philanthropic funders you don’t hear about every day.
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