Editing Ansari X Prize (section)

==Organization==
{{main|X Prize Foundation}}
With the Ansari X Prize, the [[X Prize Foundation]] (based in Santa Monica, CA) established a philanthropic model in which offering a prize for achieving a specific goal stimulates entrepreneurial investment that produces a tenfold or greater return on the prize purse and at least one hundredfold in follow-on investment and social benefit.  The Foundation has developed into a non-profit prize institute that conceives, designs and manages public competitions for the benefit of humanity.