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Milken's millions may help meet that challenge. Three years ago, undoubtedly acting out of enlightened self-interest but with more universal goals also in mind, he set up a public charity, called CaP CURE, dedicated to finding a cure for prostate cancer, and pledged $25 million over the next five years to fund basic and clinical research, recruit scientists, sponsor scientific meetings and increase public awareness of the disease...
...last week, CaP CURE, with the help of a star-studded scientific advisory board, had awarded $22 million in grants to hundreds of researchers in the U.S. and abroad--making it the world's largest private source of funding for prostate-cancer research, second only to the NCI. Yet researchers complain that much more financing is needed. A CaP CURE brochure points out that while the number of deaths from prostate cancer is about the same as for aids and breast cancer, the Federal Government provides $1.3 billion for aids research and $313 million for breast cancer but only...
Under the auspices of CaP CURE, Milken is financing the establishment of a prostate-cancer "virtual consortium," led by University of Washington molecular biologist Leroy Hood, that brings top U.S. researchers together via a computer network to facilitate communication...
KATHY SCUTCHFIELD, 47, and DANA CAPPIELLO, 36; SAN MATEO, CALIF.; Until There's a Cure Foundation Since 1993, the two have sold memorial bracelets, raising more than $750,000 for AIDS research and care. Last week's report on youth and HIV by the Clinton Administration's Office of National AIDS Policy was funded in part by $100,000 from the women. "The White House focus," Cappiello says, "is a really good step in addressing the needs of young people...
Though he didn't have a cure-all flat-tax proposal, Henry Ford was another millionaire who had an answer for everything. Some of his convictions: "'If you will study the history of almost any criminal, you will find he is an inveterate cigaret [sic] smoker...I do nothing because it gives me pleasure...Most of the ailments of people come from eating too much...Salt is one of the best things for the teeth. And also for the hair...I do not believe in charity...There is something sacred about wages...Reading can become a dope habit...