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Prize Philanthropy: A Winning Concept

Donors make innovators compete for cash

By Kevin Spak,  Newser Staff

Posted Jun 12, 2008 12:53 PM CDT

(Newser) – When the X-Prize foundation offered $10 million to anyone who could develop a viable commercial spacecraft, it didn’t just send innovators scurrying, and it didn’t just grab headlines. It also began the next big trend in philanthropy. Donors are in love with prize...   Read full story »

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