WHAT WE DO
The mission of the Science Partnership Fund is to facilitate foundation and corporate support for crowdfunding projects in physics and related areas.
Supporting a crowdfunded project allows a philanthropic organization to leverage their funds more effectively, 1:1 or even more.
We also educate the public and donors about some of the most innovative scientific projects developing around the country.
Pending approval from the IRS, Section 501(c)(3) public charity, federal law provides that contributions to SPF may qualify for the charitable contribution deduction.
WHY DO WE DO IT?
1. The timescale involved - often a year or more - is prohibitively long for most crowdfunding campaigns, which typically last no more than three months.
2. A substantial amount of effort must be invested in locating and evaluating prospective projects.
3. Most crowdfunding platforms are private corporations so there is no tax incentive for such philanthropy.
The Science Partnership Fund solves all three problems simultaneously by developing Umbrella Agreements with foundations and corporations. Such Umbrella Agreements mean that partnering philanthropic organizations will be notified of new high-quality crowdfunding projects aligned with their mission. The philanthropic organization may then support it or pass as they wish. This bypasses the need to renegotiate terms every time a researcher or innovator creates a new crowdfunding campaign, allowing foundations and corporations to align their operational timelines to work together effectively. Since we are a 501(c) non-profit organization, all donations are tax-deductible.
BOARD OF DIRECTORS
DR. SZABOLCS MARKA
DR. SANDYA NARAYANSWAMI
MR. THOMAS MARSHALL
MS. SYLVANA ROCHET
To see the complete list of sponsors, visit the Sponsors page.
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