Fellowships For AIDS Researchers
AUTHOR: BILLY GOODMAN, pg. 20, 25.
During the mid-1980s, Irene Diamond, the widow of wealthy New York real estate executive Aaron Diamond, had been reading about AIDS. "I came to the conclusion that it was a terrible plague," she recalls, "and I wanted to get involved."
Thus, the New York-based Aaron Diamond Foundation, established by her husband in 1955 to fund educational and cultural programs as well as some medical research, branched out to include AIDS funding. Today, the Foundation Center cites the philanthropy as the United States' leading private funder of AIDS research.
Recently, the Diamond Foundation unveiled two initiatives in the fight against AIDS. This past spring, foundation officials dedicated a state-of-the-art research center, to which the organization pledged to contribute $8 million through 1993. Several months before that, the foundation announced a new, $16 million program of postdoctoral fellowships to support research on...