The Aaron Diamond Foundation: AIDS Research in New York City

By Matthew T.A. Nash

A history of the tribulations involved in launching the Aaron Diamond Foundation and the decision-making involved in its entry into the field of AIDS research.  Was funding an AIDS research laboratory good fit for the Aaron Diamond Foundation? Should the Foundation attempt to convene a consortium of foundations or not? If so, what were the obstacles that had to be overcome? What were the opportunities and risks of the multiple-foundation collaborative approach? Were there other strategies that the Foundation should consider? What size grant should the Foundation consider?

Duke Sanford School of Public Policy, Center for Strategic Philanthropy and Civil Society
Teaching Case, 2006