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Initiative for a New $90 Million Sustainability Institute Focused on Energy Technologies
June 11, 2009
 As the U.S. Secretary of Energy and hundreds of graduates and their families looked on, Caltech president Jean-Lou Chameau began the 2009 commencement ceremony by announcing $30 million in gifts as the first phase of a proposed $90 million initiative for a new institute. The funds will go towards the creation of the Resnick Sustainability Institute at Caltech, which will seek to provide a path to sustainability by focusing on innovative science and engineering developments required for groundbreaking energy technologies. The initial gift of $20 million was made by Stewart and Lynda Resnick, and an additional $10 million came from the Gordon and Betty Moore Matching Program.
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