John Doerr, Chairman of top Silicon Valley venture capital firm Kleiner Perkins, has donated over $1.1 billion to launch the Stanford Doerr School of Sustainability this fall. This will be Stanford’s first new school in 70 years. The $1.1 billion gift from John and his wife Ann Doerr [photo above (credit: Edward Caldwell)] is the […]
Tag: stanford
Investment Firm, Stanford Form Private Health Research Company
Stanford University is teaming up with Deerfield Management, a New York-based health care investment firm, to create Porter Alliance for Innovative Medicines that will accelerate translational research into clinical therapeutics. Deerfield has committed up to $130 million and additional scientific and operational support to this new collaboration to advance research coming out of Stanford faculty […]
Stanford Endowment Reports 40.1% Gain
Stanford University announced a 40.1% investment return in its endowment funds for the year ending June 30, 2021. The Merged Pool is the principal investment vehicle for the university’s endowment. Stanford’s performance surpassed the 33.4 percent median return for U.S. college and university endowments for the year, as preliminarily reported by Cambridge Associates, and represented […]