Stanford Gets $1.1 Billion for New Climate School From John Doerr
The gift, which Mr. Doerr is making with his wife Ann, is the largest ever to a university for the establishment of a new school, and is the second largest gift to an academic institution, according to the Chronicle of Higher Education. Only Michael R. Bloomberg's 2018 donation of $1.8 billion to his alma mater, Johns Hopkins University, ranks higher. The gift establishes the Doerrs as leading funders of climate change research and scholarship, and will place Stanford at the center of public and private efforts to wean the world off fossil fuels. "Climate and sustainability is going to be the new computer science," Mr. Doerr, who made his estimated $11.3 billion fortune investing in technology companies such as Slack, Google and Amazon, said in an interview. "This is what the young people want to work on with their lives, for all the right reasons."
The school, to be known as the Stanford Doerr School of Sustainability, will be a home to traditional academic departments related to topics such as planetary science, energy technology and food-and-water security. It will also feature several interdisciplinary institutes and a center focused on developing practical policy and technology solutions to the climate crisis. "The school will absolutely focus on policy issues and on asking what would it take to move the world toward more sustainable practices and better behaviors," Marc Tessier-Lavigne, the Stanford president, said in an interview. Mr. Doerr joins a growing list of ultrawealthy men donating huge sums of money to the fight against global warming.
The gift, which Mr. Doerr is making with his wife Ann, is the largest ever to a university for the establishment of a new school, and is the second largest gift to an academic institution, according to the Chronicle of Higher Education. Only Michael R. Bloomberg's 2018 donation of $1.8 billion to his alma mater, Johns Hopkins University, ranks higher. The gift establishes the Doerrs as leading funders of climate change research and scholarship, and will place Stanford at the center of public and private efforts to wean the world off fossil fuels. "Climate and sustainability is going to be the new computer science," Mr. Doerr, who made his estimated $11.3 billion fortune investing in technology companies such as Slack, Google and Amazon, said in an interview. "This is what the young people want to work on with their lives, for all the right reasons."
The school, to be known as the Stanford Doerr School of Sustainability, will be a home to traditional academic departments related to topics such as planetary science, energy technology and food-and-water security. It will also feature several interdisciplinary institutes and a center focused on developing practical policy and technology solutions to the climate crisis. "The school will absolutely focus on policy issues and on asking what would it take to move the world toward more sustainable practices and better behaviors," Marc Tessier-Lavigne, the Stanford president, said in an interview. Mr. Doerr joins a growing list of ultrawealthy men donating huge sums of money to the fight against global warming.
