Silicon Valley's newly rich finally loosening purse strings for charity.(Nation)

From: The Washington Times | Date: November 28, 1999| Author: Elias, Thomas D. | Copyright information

PALO ALTO, Calif. - Some of the newly rich millionaires of Silicon Valley are at last starting to give to charity after years of building a reputation as the stingiest of U.S. tycoons.

The biggest donation so far came from Netscape Communications founder James H. Clark, who gave $150 million of his cyber-generated cash to Stanford University to build a center for biomedical engineering.

Not only was Mr. Clark's gift the largest ever by a Silicon Valley ...

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