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arXiv funding

>From the Chronicle's blog, relevant to finding the best business 
model for the widest possible access to high-quality information:



An Update on Taking Up a Collection for arXiv

"In January, Cornell University announced that it would be 
passing the hat for arXiv, the widely used online repository that 
houses e-prints of journal articles in physics, quantitative 
biology, mathematics, computer science, and related fields... 
Cornell has secured pledges from 85 institutions for a total of 
more than $300,000, Ms. Kenney reported, with a 'significant' 
amount of that money already in hand and other possible 
partnerships 'very close.'"