PASADENA, Calif. (AP) - An alumnus of the California Institute of Technology has pledged $50 million to his alma mater, the latest in a series of high-dollar donations he has made to the school.
The Los Angeles Times reported Saturday (https://lat.ms/1Gfkgkm ) that the gift by Ronald Linde and his wife Maxine will go to support promising initiatives and research at the Pasadena campus.
The couple previously had given Caltech more than $30 million over the years for projects in environmental science and economics and management studies, among other causes.
Ronald Linde, who received a doctorate from Caltech in 1964, is the founder of a highly successful engineering and plastics company.
Caltech President Thomas F. Rosenbaum said the latest gift will have “a far-reaching and enduring impact” on the engineering- and science-oriented school.
Information from: Los Angeles Times, https://www.latimes.com/
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