Intel Co-Founder Creates Charitable Foundation
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From Times Staff and Wire Reports
Pacific salmon, Bay Area environmental educators and scientists everywhere soon could be on the receiving end of what is expected to become one of the country’s 10 largest charitable foundations.
Intel Corp. co-founder Gordon Moore has set aside half his stake in Intel to create the Gordon and Betty Moore Foundation, which soon will receive an endowment worth more than $5 billion. Under federal law, that translates into more than $250 million the foundation will give away each year.
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