|
|
Article: X PRIZE Foundation Taps Former Gates Foundation Leader to Drive Expanded Mission.
- Article from:
- Business Wire
- Article date:
- January 17, 2007
CopyrightCOPYRIGHT 2007 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Foundation to Bring Prize-Driven Philanthropy Model to Medicine and Fuel-Efficient Automobiles, in Addition to Spaceflight
LOS ANGELES -- Tom Vander Ark, the former Executive Director of Education for the Bill & Melinda Gates Foundation, has been named President of the X PRIZE Foundation -- an educational nonprofit prize institute that offers multi-million-dollar awards for breakthrough innovations that benefit humanity.
The X PRIZE Foundation is best known for the $10 million Ansari X PRIZE for private spaceflight, which was captured in 2004 by famed aircraft designer Burt Rutan and Microsoft co-founder Paul Allen.
"Tom's experience in both the ...