"The 91-kilometre Future Circular Collider (FCC), which would span the French-Swiss border and pass beneath Lake Geneva, is forecast to cost around 15 billion Swiss francs (US$19 billion) to make - if it gets built. The machine has the backing of the European Strategy Group, a group appointed by CERN's council to gather input from its member states and the physics community."
"The thing that's impressed me most is that these are no-strings-attached pledges. They really are there to support humanity's quest to understand the Universe. How do you make sure of that? In the past year or so at CERN, we put in place internal governance around charitable donations. There's significant due diligence in there, and these agreements are looked at by our council."
CERN secured private donations totalling €860 million (US$1 billion) toward the proposed 91-kilometre Future Circular Collider (FCC). The FCC would span the French–Swiss border, pass beneath Lake Geneva, and is forecast to cost about 15 billion Swiss francs (US$19 billion) if constructed. The machine is planned to collide electrons and positrons from around 2045 and has backing from the European Strategy Group. The donation is CERN's largest philanthropic investment and comes from organizations including the Breakthrough Prize Foundation and the Eric and Wendy Schmidt Fund. CERN implemented internal governance and due diligence for charitable donations, and about half the construction cost fits within the existing CERN budget, with additional resources required.
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