Nobel laureate Masatoshi Koshiba has set up a foundation to help children study science, contributing 40 million yen from funds he received after winning the Nobel Prize in physics.

Koshiba, 77, had been planning the establishment of a foundation for some time. He said it is difficult for companies to aid the study of basic science because they cannot expect much in terms of investment returns.

The Heisei Kiso Science Zaidan, or Heisei Basic Science Foundation, in Tokyo’s Chiyoda Ward will compile and distribute teaching materials to boost children’s interest in basic science.

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