St.
Louis, Missouri
September 5, 2006
The Donald Danforth
Plant Science Center today announced a $15 million gift from
the Monsanto Fund to
support the Center’s vision and mission: $7.5 million of the
gift will support the Center’s “Campaign for a Green Future”
while $7.5 million will go directly to efforts to develop
high-yield crops for Africa.
“Monsanto Company and the
Monsanto Fund have been important partners in the formation of
the Danforth Center and vital to our ongoing success,” explained
Danforth Center Chairman Dr. William H. Danforth. “We greatly
appreciate the gift from the Fund to the ‘Campaign for a Green
Future,’ as it is important to the long-term success of the
Center in achieving our mission.”
The “Campaign for a Green Future” was launched in November 2004
with a goal of $100 million. The Danforth Foundation will match,
up to $50 million, all unrestricted and endowment gifts from
private sources received by December 31, 2010.
“The Monsanto Fund’s commitment to food security is underscored
through this gift to the Danforth Center. We contribute funding
to put important agricultural technology tools into the hands of
farmers who need them through relationships like those with the
Danforth Center,” said Gerald A. Steiner, a Monsanto Fund Board
Member and Executive Vice President of Monsanto Company. “The
Danforth Center’s work builds on Monsanto Company’s strong
commitment to sharing technology and devoting resources to
efforts that benefit the developing world.”
The Danforth Center has been working to develop virus-resistant
cassava (Manihot esculenta) for the past seven years. Resistance
to the African Cassava Mosaic Virus would hold great value to
farmers, as this virus is having a devastating effect on cassava
growth throughout Africa. In addition to cassava, the Center is
conducting research on corn (Zea mays) for Africa.
“The Danforth Center is committed to fundamental research in
plant biology, and the Monsanto Fund gift the will help to make
that happen. We are doubly gratified that a portion of the gift
will permit us to expand research on solutions to improve crops
and increase food production in developing countries.
Additionally, this gift will allow us to continue important
research on a cassava and corn for several countries in Africa,
and fortifies our commitment to help alleviate certain crop
diseases in those countries,” said Danforth President Dr. Roger
N. Beachy.
“Cassava and corn are two of the world’s most important food
security crops, and the Danforth Center’s work in cassava
complements Monsanto’s work in corn,” Steiner said. “Monsanto
has demonstrated our commitment to African farmers by providing
them with high-quality corn seed. In the future, we hope to
bring needed traits, such as insect resistance and drought
stress tolerance, to African farmers in order to help bolster
food security.”
Founded in 1998, the Donald Danforth Plant Science Center is
a not-for-profit research institute with a global vision to
improve the human condition. Research at the Danforth Center
will enhance the nutritional content of plants to improve human
health, increase agricultural production to create a sustainable
food supply, and build scientific capacity to generate economic
growth in the St. Louis region and throughout Missouri.
The Monsanto Fund is the philanthropic arm of the Monsanto
Company. Incorporated in 1964, the Fund's primary objective is
to improve the lives of people by bridging the gap between their
needs and their resources. The Monsanto Fund is focused on
grant-making in four main areas: nutritional well-being through
agriculture; science education, primarily on professional
development for teachers; the environment, which includes
conservation, protection of biodiversity, clean water and
restoration of wildlife habitat; and improving the quality of
life in communities where Monsanto employees live and work. |