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Caltech to launch sustainability program

June 16, 2009 |  7:50 am

Caltech has received $30 million in donations to help create an institute for the study of energy innovation, climate change and environmental sustainability, officials announced Monday.

Los Angeles-area philanthropists Stewart and Lynda Resnick, who own Roll International Corp., donated $20 million to the effort, and a matching program set up by longtime Caltech donors Gordon and Betty Moore gave an additional $10 million.

Plans call for the new Resnick Sustainability Institute to have a $90-million endowment, but officials said that with the initial gifts, work could begin soon to bring together Caltech researchers from various disciplines and to hire others. In a statement, Caltech President Jean-Lou Chameau said the donations mean that the university is poised to help launch "a new era in energy research."

-- Larry Gordon

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