THE
SAN FRANCISCO CHRONICLE
March
26, 2007
BERKELEY has been home to
many controversial trends over the decades: free speech movements,
organic eating, public nudity. But there's at least one trend emerging
from that city that everyone can support: Nobel Prize winners donating
their prize money to charity.
George Smoot, a professor of physics at UC Berkeley, just became
the most recent winner to dedicate the majority of his 2006 prize
to the Oakland-based East Bay Community Foundation. This makes
him the second winner in the past decade to donate his winnings
to the foundation -- the first was Daniel McFadden, another Berkeley
professor and a 2000 winner for his work in microeconometrics.
Foundation officials are modest about their outreach activities
-- "We didn't reach out to either of them," said Chris
Nicholson, the foundation's vice president of development -- but
clearly there's some magic water flowing into the taps at their
marketing department.
It helps, of course, that the foundation is doing excellent, donor-friendly
work: managing philanthropic funds for individuals, families and
organizations, providing community organization grants from its
$268 million endowment, and working on education reform and sustainable
community planning initiatives. Its flexible donor-advised funds
were particularly attractive to Smoot and McFadden, both smart
and passionate men, who wanted to be involved with the way their
money was spent -- without the enormous responsibility of setting
up a personal foundation. Smoot's fund matches his passion for
mentoring -- it will focus on granting scholarships and fellowships
to graduate and postdoctoral students.
"I saw two ways to use the prize money," Smoot said. "First,
I could give the government half of it in taxes and use the rest
to pay off my mortgage and maybe buy a new car. Second, I could
take all of it and hopefully get matching donors and that way help
out so many more young people who need to get launched into their
careers. I thought it was more important to help people who could
carry on the work, and maybe even develop a new way of thinking
about the universe."
With his donation, Smoot joins a short list of illustrious laureates
who have chosen to give their money away -- among them Gunter Blobel,
who donated his 1999 prize in medicine to rebuild a cathedral in
Dresden, Germany, in honor of the city that sheltered his family
during the waning days of World War II, and Mother Teresa.
We applaud professor Smoot, who is already on to his next big project
at the Lawrence Berkeley Laboratory -- "solving energy crises," he
said -- and the East Bay Community Foundation. All cities should
be so fortunate as to have so many who are both bright and generous.
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