Ronald Linde, a
The couple previously had given Caltech more then $30 million over the years for projects in environmental science and economics and management studies, among other causes. Their new donation is more open ended, creating an endowment that allows Cal Tech to advance promising initiatives without locking in a specific goal.
"Our philosophy is to allow for flexibility because you can't know the future, and science is about exploring the unknown," Ronald Linde said in a statement.
Linde, the vice chair of Caltech’s board of trustees, earned his bachelor's degree in engineering from
Maxine Linde was general counsel of Envirodyne and previously worked as a scientific programmer at the Caltech-managed
In thanking the Lindes, Caltech President Thomas F. Rosenbaum said in a statement that the gift will have "a far-reaching and enduring impact" on the engineering- and science-oriented school. The Lindes "understand deeply the Institute's fundamental values and appetite for bold research endeavors."
The largest gift ever received by Caltech was the $600-million pledge in 2001 from Intel Corp. cofounder