Gordon Moore’s donation amounts to half the size of Caltech’s current $1.2-billion endowment. It will help the school remain competitive with other major research universities who have significantly larger endowments.
Moore’s donation beats the record $400 million that a foundation started by William Hewlett, co-founder of Hewlett-Packard Co., pledged to Stanford University earlier this year.
– Camilla Klein email@example.com
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