Stanford University has received a $1.1 billion gift, one of the largest single donations to a U.S. institute of higher education. It will use the money from venture capitalist John Doerr and his wife, Ann, to launch a new school focused on climate change.
One of Silicon Valley’s most prominent investors, John Doerr is chairman of venture capital firm Kleiner Perkins, where he has worked since 1980, successfully advocating for early investment in technology companies like Google, Amazon and Slack. He has authored a book published last year “Speed & Scale: An Action Plan for Solving Our Climate Crisis Now,” that outlines technology and policy priorities for attaining a livable future.
Isabelle Leighton, the interim executive director of the Donors of Color Network, hailed the donation, saying it’s exciting to see large, new donations related to climate change but urged donors and universities to include communities currently affected by climate change in finding solutions.
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