Scientific funding is undergoing profound change — from shifting federal mandates to evolving philanthropic priorities and growing pressure to support bold, high‑impact research. In this interactive panel, leaders from NSF and major private foundations will share how they are navigating this moment: what forces are shaping their decisions, how they balance risk with accountability, and where they see room for innovation in funding models. The discussion will also probe the future of collaboration across sectors and the emerging opportunities that could redefine the next decade of scientific investment. The session includes audience Q&A.