Next on Sean Parker s to-do list: Find new ways to treat diabetes, multiple sclerosis, arthritis.
The Parker Foundation is putting up $10 million to create an autoimmune research lab at University of California San Francisco that will bear the name of the Napster co-founder and early Facebook president. The hope is that work done there will lead to lower-cost treatments for autoimmune diseases, whose incidence has been on the rise, according to the National Institutes of Health.
It s Parker s second gift to UCSF this year. In June, he gave $4.5 million to the school s malaria-elimination initiative. Last year, he donated $24 million to Stanford for allergy research.
Also in June, as reported on SiliconBeat, Parker formally launched the Sean N. Parker Foundation, which will approach philanthropy like a tech startup.
Taking risks, putting resources behind things, that s antithetical to the philanthropic community s philosophy, Parker told SiliconBeat. He said time is of the essence: The world s problems are urgent and pressing and they are changing faster than ever.
Forbes estimates Parker s wealth at $2.5 billion.
Photo: Sean Parker, tech entrepreneur and philanthropist. (AFP/Getty Images)
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