He'll Pay for That: Scientific American (archiving magaznie articles 7/2005)

He'll Pay for That: Scientific American:

"The Kavli Foundation began relatively quietly by contributing $7.5 million to a center for theoretical physics at the University of Santa Barbara in 2001 and then to an institute for particle astrophysics and cosmology at Stanford University. A year ago the foundation joined the ranks of notable small grantors by making endowments to eight more institutes at major universities. But instead of following the funding trend toward seeking nearer-term, measurable returns, the foundation pays for nondirected research in its three areas of interest: astrophysics, nanoscience and neuroscience. After Kavli finds the right people and institutions, it's hands-off. He just asks for an annual report and the occasional invitation to a lecture or event."