The university system's chancellors have volunteered a contribution of $150,000 a year for three years. The amount eases the magazine's $250,000 annual deficit enough for the Academy to rescind its decision to close Issues after publication next month of a summer issue. (See The Scientist, February 23, 1987, p. 2)
The rescue was initiated by UCLA Chancellor Charles Young after he learned of the journal's impending demise at an Association of American Universities luncheon here last month. "I was shocked," he said. "The journal serves a need that no other publication fills."
The Academy continues to seek additional funds from non-academic sources, one of which is said to be the Monsanto Co. The Academy hopes to publish an autumn issue, but the departure of the magazine's three-person staff and a dearth of material make that prospect doubtful.
Young has also offered the university's help in marketing the magazine, which has ...