Article
August 03, 2015

Gifts Roundup: $100 Million to California Institute of Technology

Courtesy of the Gordon and Betty Moore Foundation

The Intel Corporation co-founder Gordon Moore and his wife, Betty, said Caltech's leaders are free to decide how to use the couple's $100-million gift.

A roundup of notable gifts compiled by The Chronicle:

California Institute of Technology

Intel Corporation co-founder Gordon Moore and his wife, Betty, pledged $100 million to endow the institution. The Moores said how the institute chooses to use the donation is up to its leaders, who announced the money will be used to establish a program aimed at eventually providing fellowships for every Caltech graduate student.

Mr. Moore earned a Ph.D. from Caltech in 1954 and serves on its Board of Trustees. He is known in tech circles for "Moore’s Law," his 1965 prediction that the number of transistors that can fit on a computer chip would double every year.

Special Olympics

Thomas Golisano, the founder of the payroll-services company, Paychex, pledged $25 million to the nonprofit through his Golisano Foundation. The money will help to expand Special Olympics health services globally for people with intellectual disabilities.

Mr. Golisano gave the organization $12 million in 2012.

University of Wisconsin at Milwaukee

The investors Sheldon and Marianne Lubar gave $10 million to establish the Lubar Center for Entrepreneurship and expand the university’s classes and activities for undergraduate and graduate students. The couple donated $10 million in 2006 to endow professorships and student scholarships at what is now the Lubar School of Business.

Earlier in his career, Mr. Lubar served as assistant secretary of the U.S. Department of Housing and Urban Development and as commissioner of the Federal Housing Administration.

Indiana University at Bloomington

Lawrence Blatt, a virologist and the founder of the biopharmaceutical company Alios BioPharma, gave $4.5 million to the university’s College of Arts and Sciences to endow a virology chair in the department of biology and to establish the Lawrence M. Blatt Biotechnology Internship Fund.

A portion of the donation will go toward the department’s Milton Taylor Fellowship, which was created by Mr. Blatt in 2000 and named in honor of his mentor, professor emeritus Milton Taylor. The donor received a bachelor’s degree in microbiology from the university in 1983.

Success Academy Charter Schools

The hedge-fund manager John Paulson and his wife, Jenny, donated $8.5 million through their family foundation to open more charter schools in New York. Mr. Paulson caught the public’s attention in June when he gave $400 million to Harvard for its engineering and applied-sciences programs.

To learn about other big donations, see our database of gifts of $1 million or more, which is updated throughout the week.

Send an e-mail to Maria Di Mento.