SUMMER SCIENCE PROGRAM SPENT $2 MILLION LAST YEAR SERVING 204 STUDENTS.THEN, THEY GOT A $200M GIFT.
AppleMagazine
|November 03, 2023
It’s the kind of problem nonprofit leaders dream about: What do you do when you get an unexpectedly large donation?
-
Summer Science Program, a nonprofit with an annual budget of about $2 million, sent about 200 high school juniors to six-week intensive research courses at universities this year. It has also puzzled over what do to with a surprise bequest of an estimated $200 million — about 100 times its annual budget.
Summer Science Program learned last year that one of its alumni, Franklin Antonio, a cofounder of chipmaker Qualcomm, had granted the organization 20% of his estate, said CEO Frank Steslow.
“The estate is still being assessed and appraised and there is not a final valuation, but it is well north of $960 million at this point,” Steslow said. The board was not previously aware that Antonio, who died in May, 2022, at the age of 69, had included the organization in his will. Board members were equally surprised when they learned of the potential amount of the gift, he said.
Members of the nonprofit’s board had previously spoken with Antonio about making a major gift, in addition to the $1.2 million he had already donated to the organization since 2000.
“Obviously, whatever was said to him and whatever impressions we left were positive,” Steslow said. “But we don’t know for certain what drove his thinking.”
Summer Science Program places students in groups of 36 to complete a research project in astrophysics, biochemistry or genomics, under the supervision of faculty advisors at universities like Indiana University, Bloomington, New Mexico State University, Las Cruces, and University of Colorado Boulder.
このストーリーは、AppleMagazine の November 03, 2023 版からのものです。
Magzter GOLD を購読すると、厳選された何千ものプレミアム記事や、10,000 以上の雑誌や新聞にアクセスできます。
すでに購読者ですか? サインイン
AppleMagazine からのその他のストーリー
AppleMagazine
APPLE MUSIC IS COMING TO CHATGPT AS OPENAI ANNOUNCES NEW INTEGRATION
Apple Music is set to integrate with ChatGPT, expanding how users can discover and interact with music through conversational artificial intelligence.
4 mins
December 19, 2025
AppleMagazine
DATA CENTERS IN ORBIT AND THE LIMITS OF SPACE-BASED COMPUTING
The idea of placing data centers in space has moved from science fiction into serious discussion among aerospace companies, cloud providers, and artificial intelligence researchers.
5 mins
December 19, 2025
AppleMagazine
APPLE FITNESS+ EXPANDS TO 28 ADDITIONAL COUNTRIES
Apple has extended the availability of its Fitness+ subscription service to 28 additional countries, broadening the geographic reach of one of the company's most tightly integrated digital services.
4 mins
December 19, 2025
AppleMagazine
New Leaders
THE PATH THAT COULD DEFINE APPLE'S NEXT CHAPTER
6 mins
December 19, 2025
AppleMagazine
APPLE PATCHES TWO ZERO-DAY IOS FLAWS USED IN TARGETED ATTACKS
Apple has released security updates addressing two previously unknown vulnerabilities that the company said were actively exploited in what it described as sophisticated attacks.
3 mins
December 19, 2025
AppleMagazine
INTERNAL IOS SOFTWARE LEAK SURFACES DETAILS ON UPCOMING APPLE FEATURES
An internal Apple software leak has revealed a broad snapshot of features and system changes under development for future versions of iOS, offering an unusually detailed look at how the company is evolving its mobile platform behind closed doors.
4 mins
December 19, 2025
AppleMagazine
AIRPODS MAX 2 RUMORS POINT TO CHIP UPGRADE AND NEW AUDIO FEATURES
Apple's AirPods Max turned five years old this week, and a new roundup of rumors has outlined what a second-generation model could add if Apple refreshes its over-ear headphones on a longer cycle than the standard AirPods lineup.
4 mins
December 19, 2025
AppleMagazine
AI USAGE AT WORK HAS DOUBLED AS ADOPTION EXPANDS ACROSS PROFESSIONS
Artificial intelligence use in the workplace has risen sharply in recent years, with surveys showing that a much larger share of workers now report using Al tools in their daily roles compared with just a few years ago.
4 mins
December 19, 2025
AppleMagazine
PLURIBUS LEADS APPLE TV VIEWERSHIP FOR A SECOND STRAIGHT WEEK
Apple TV's weekly audience rankings once again place Pluribus at the top of the platform's most-watched chart, according to viewership data tracked across Apple's original programming lineup.
3 mins
December 19, 2025
AppleMagazine
FORD F-150 LIGHTNING STRUGGLES HIGHLIGHT THE CHALLENGES OF ELECTRIC PICKUPS
Ford's experience with the F-150 Lightning has become a case study in how difficult it is to translate electric vehicle momentum into the pickup truck segment.
3 mins
December 19, 2025
Translate
Change font size

