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Nicklin, Julie L. – Chronicle of Higher Education, 1997
The 22-year-old Whitaker Foundation, the largest private supporter of biomedical engineering, will close in 2006 to avoid becoming a bureaucracy in search of a reason for being. The foundation, with assets of about $442 million, will increase payouts until 1999, then decrease them as it spends its way out of existence. About 95% of grants go to…
Descriptors: Administrative Policy, Biomedicine, Bureaucracy, Higher Education