U.S. Secretary of Agriculture Tom Vilsack spoke with media at Cornell July 29, 2014 to explain the new private-public foundation that will bolster the USDA's supplemental research funding.
In the 2014 Farm Bill, the U.S. Congress created the Foundation for Food and Agricultural Research and designated $200M in seed money. The remaining $200 million will be tendered by private entities.
Vilsack was joined by College of Agriculture and Life Sciences (CALS) Dean Kathryn Boor, who sits on the foundation's new 15-member board to oversee its operation.