The institute already raised $2.6 billion.

MIT's new fundraising initiative called "Campaign for a Better World" seeks to tackle some of humanity's (and our planet's) biggest challenges. Since that's no easy feat, its goal is just as lofty: $5 billion. The institute lists its various projects under the campaign's six priority areas. First is basic research, which includes studies on the aging brain, exoplanets and protein interaction. Second priority covers environmental research, such as the quest for sustainable consumption and viable climate change solutions.

The third priority is comprised of projects tackling the human health including one that plans to manipulate genes using CRISPR-Cas9, one about biological circuits and another that plans to develop a paper test for cancer. MIT will also use part of the money to help get student entrepreneurs started, to reinvent how it teaches the new generation, to increase resources for financial aid and to develop research facilities in an effort to entice new students.

MIT President L. Rafael Reif said:

    "Humanity faces urgent challenges—challenges whose solutions depend on marrying advanced technical and scientific capabilities with a deep understanding of the world's political, cultural, and economic complexities.

    We launch the Campaign for a Better World to rise to those challenges and accelerate positive change. In this effort, we seek the support of enthusiastic partners who share our sense of mission and infinite possibility—including our remarkable alumni, who do the great work of MIT in the world every day. Together, through this Campaign, we will give the brilliant minds and hands of the MIT community the fuel and the focus to make inspiring progress for the world."

MIT has already raised $2.6 billion toward the goal. It still needs some generous donors with deep pockets to raise $2.4 billion more, but you can donate any amount you can if you wish to help out.

Source:
courtesy of ENGADGET

by Mariella Moon

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