JPB Foundation: Grants for Diseases

OVERVIEW: The JPB Foundation’s disease-related grantmaking centers on Parkinson’s and diabetes. The foundation has noted that it plans to add more diseases to its grantmaking roster in the future.

IP TAKE: JPB offers sizeable grants to scientists who commit to working within a collaborative framework. Those that prefer to conduct their work in isolation will not find much luck with JPB.

PROFILE: The New York-based JPB Foundation was established in 2011 by Barbara Picower, the wife of Jeffry Picower, one of the main beneficiaries of Bernie Madoff’s infamous Ponzi scheme. The Foundation was established with the remains of Picower’s estate following a legal settlement totaling $7.2 billion. The foundation carries on the giving legacy of Jeffry and Barbara Picower with focus areas in Poverty, Medical Research, and the Environment.

JPB's Medical Research programs awards grants to consortiums of scientists performing research in its two targeted areas: Parkinson’s disease and diabetes. For each disease, the foundation “supports five to eight world-class scientists who agree to conduct their research within a collaborative framework.” JPB hand-picks groups of scientists who are “approaching their targeted disease from different angles, and whose work has complementary aspects.”

The JPB Foundation also supports scientists at MIT’s Picower Institute for Learning and Memory (PILM). PILM’s research priorities are “the brain’s capacity for learning and memory” and “the diseases that contribute to neurological dysfunctions.”

JPB’s grant amounts are substantial, often ranging from $150,000 to $700,000. JPB does not accept unsolicited grant applications or requests for funding.

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