The venture capitalist John Doerr and his wife Ann have donated more than a billion dollars to fund a new school at Stanford University, the university announced yesterday (May 4). The Stanford Doerr School of Sustainability will launch in September of this year and focus on addressing interdisciplinary solutions to climate change. Several other donors contributed a combined $590 million, giving the school a starting endowment of $1.69 billion.
The $1.1 billion gift is the largest amount ever given to found a single school, and the second largest gift ever awarded to an academic institution, according to the Chronicle of Higher Education, which tracks philanthropic donations in academia. Only former New York mayor Mike Bloomberg’s 2018 endowment of $1.8 billion for student financial aid to Johns Hopkins University exceeds it.
“Climate and sustainability is going to be the new computer science,” John Doerr tells The New York Times. “This is ...