Interview with David Baltimore - Caltech Oral Histories
Interview with David Baltimore - Caltech Oral Histories
Interview with David Baltimore - Caltech Oral Histories
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<strong>Baltimore</strong>-58<br />
and the profits from the company have to go to the institute’s needs. So Jack said, “Fine. I’ll<br />
form an institute and I’ll appoint, to head the foundation that controls the institute, my friends”—<br />
which was what Howard Hughes did—“or my kids, and we’ll keep control of the company, and<br />
profits can go to that, that’s fine.” Because there are a lot of ways of getting the money out of it.<br />
LIPPINCOTT: So that was his motivation.<br />
BALTIMORE: That was his motivation. And he did that. He formed the institute at Duke, and<br />
that was the original Whitehead Institute. And it had gone badly, because Jack was a very<br />
controlling person, and he assumed that he could run everything himself—<br />
LIPPINCOTT: Did he want to select the faculty<br />
BALTIMORE: He wanted to select the faculty; he wanted to do it all. Duke bought into this<br />
thing—because there was a lot of money involved—and didn’t put in place academic safeguards.<br />
So they were at loggerheads. And finally Duke said, “We can’t have it anymore.” So it reverted<br />
back to Jack. Meanwhile, Revlon had bought Technicon [May 1980], so Jack went from having<br />
a problem to having money—no problem left. But the idea had captured him, and he began to<br />
formulate it not as a tax dodge but as giving back to the community that had made him so<br />
wealthy, because what he had done had come out of the research community from the very<br />
beginning. And he was very close to and really loved the research community—loved his<br />
connections to Rockefeller and the scientists there. That’s how he did these fraction collectors—<br />
because they needed them. So by the time I met him he had money, not a tax problem, and he<br />
had made a decision: “I’m going to give the institute $35 million to build and equip a building<br />
and $100 million endowment.” So that’s where the number came from. He had put together a<br />
committee of elders—Josh Lederberg; Gus [Gustav] Nossal, from Australia; and some others—<br />
to help him find a venue for this thing. But he now knew a lot more: He knew that medical<br />
research, clinical research, was very expensive and generally very far downstream and not<br />
terribly efficient in affecting the treatment of people. But basic research was a very different<br />
story; it cost a lot less to do any individual thing, and when you made a discovery in basic<br />
research, the effects on medicine were profound. So he had been convinced, through his<br />
association <strong>with</strong> these other people as well as his basic intelligence—he was a smart man, very