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unusual facts about Seed money



Arvind Kejriwal

Together with Manish Sisodia and Abhinandan Sekhri, Kejriwal established the Public Cause Research Foundation in December 2006, donating the prize money he had received from the Ramon Magsaysay Award as a seed fund.


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AGM-62 Walleye

The two engineers, soon joined by Dave Livingston, Jack Crawford, George Lewis, Larry Brown, Steve Brugler, Bob (Sam) Cunningham and several others, decided to research the idea further and quickly secured some seed money from the Navy to advance the concept.

Americans For Fair Taxation

AFFT was founded in 1994 by three Houston businessmen, Jack Trotter, Bob McNair, and Leo Linbeck, Jr., who each pledged $1.5 million as seed money to hire tax experts to identify what they perceived as faults with the current tax system, to determine what American citizens would like to see in tax reform, and then to design the best system of taxation.

Cesar A. Perales

In 1972, Perales, along with two other young Puerto Rican attorneys—Jorge Batista and Victor Marrero—raised enough seed money to open the Puerto Rican Legal Defense and Education Fund, a legal organization modeled on the NAACP Legal Defense Fund.

Charles Garland

Charles "Barney" Garland (1899–?), source of seed money of the Garland Fund, a philanthropic organization in the USA (1922–1941)

Doctor of Arts

The Carnegie Foundation was the first to fund ten universities with seed money to initiate the degree, and D.A. programs (though far fewer in number than those of the Ph.D.) are currently offered in many different disciplines at universities in the United States and in other parts of the world.

Executive Order 13303

The United Nations Security Council approved Resolution 1483 on May 22, 2003, ending economic sanctions against Iraq while clearing a path for the transfer of over $1 billion from the Oil-for-Food program as seed money for establishment of the development fund.

Robert Tappan Morris

2005 – Co-founded Y Combinator, a seed-stage startup funding firm, that provides seed money, advice, and connections at two 3-month programs per year (with Paul Graham, Trevor Blackwell, and Jessica Livingston)