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SUMMER SCIENCE PROGRAM SPENT $2 MILLION LAST YEAR SERVING 204 STUDENTS.THEN, THEY GOT A $200M GIFT.

AppleMagazine

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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 SPENT $2 MILLION LAST YEAR SERVING 204 STUDENTS.THEN, THEY GOT A $200M GIFT.

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.

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Apple has released security updates addressing two previously unknown vulnerabilities that the company said were actively exploited in what it described as sophisticated attacks.

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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.

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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.

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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.

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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.

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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.

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