Small World Initiative
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Small World Initiative
The Institute for Life Sciences Collaboration (ILSC) is a nonprofit foundation under clause 501(c)(3) of the U.S. tax code. It was established by its founders to develop collaborative and innovative solutions to pressing global health challenges and aims "to make meaningful and measurable improvements in the global healthcare landscape." ILSC focuses on three different activities: facilitating collaboration, strategically managing projects, and developing "innovative funding vehicles". ILSC is headquartered in New Haven, Connecticut. Facilitating collaboration ILSC organizes events to discuss global health challenges. Antimicrobial resistance and antibiotic discovery has been a key focus for ILSC. In 2014, ILSC co-sponsored a United Nations Conference, ''Antibiotic Resistance and Obsolescence: Meeting the Major Infectious Disease Challenge for Post-2015'', and collected soil samples from participants in the 65th UN DPI/NGO Conference to address the growing problem of drug-resista ...
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Nonprofit Foundation
A foundation (also a charitable foundation) is a category of nonprofit organization or charitable trust that typically provides funding and support for other charitable organizations through grants, but may also engage directly in charitable activities. Foundations include public charitable foundations, such as community foundations, and private foundations, which are typically endowed by an individual or family. However, the term "foundation" may also be used by such organizations that are not involved in public grantmaking. Description Legal entities existing under the status of "foundations" have a wide diversity of structures and purposes. Nevertheless, there are some common structural elements. * Legal requirements followed for establishment * Purpose of the foundation * Economic activity * Supervision and management provisions * Accountability and auditing provisions * Provisions for the amendment of the statutes or articles of incorporation * Provisions for the dissolut ...
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