October 30, 2001
Intel founder Gordon Moore pledges $600M to Caltech
Author: JT Smith
Kelly McNeill writes "The California Institute of Technology (Caltech) announced Sunday that alumnus and Intel founder Gordon Moore has pledged two gifts to the institution totaling US$600 million, setting a record for largest amount ever bestowed upon a U.S. university. One gift will come directly from Moore and his wife of 51 years, Betty, and will be distributed over a period of five years. The other $300 million gift will be donated through the Gordon and Betty Moore Foundation and will be distributed over a ten-year period."