Word: stanfords
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When Larry Ellison mentioned to a Wall Street Journal reporter that he was planning to give $150 million to either Harvard or Stanford, he caught the development offices of both schools off-guard...
...fundraisers at Stanford, who had been wooing Ellison—the C.E.O. of software giant Oracle and a two-time college drop-out—for months, said that they had no idea Harvard was after the same gift, money that would fund an institute to study technology and its effects on government, society and politics...
Ellison’s $150 million donation would rank as one of the largest donations to a U.S. university ever, although it is dwarfed by a $400 million gift to Stanford this year by the Hewlett Foundation. Harvard’s largest donation came from the Loeb family, who donated $70 million...
According to David M. Glen, Stanford’s associate vice-president for development, Stanford had been in conversations with Ellison about funding for an interdisciplinary program in technology and public policy for several months. But the talks were informal, and they had lapsed recently...
...author, a venture capitalist at the Carlyle Group, teaches environmental policy at Stanford Business School. He was a senior aide to President George Bush and helped frame the 1990 Clean...