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."

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