<p>The</a> Associated Press: Google CEO creates $25M endowment at Princeton</p>
<p>Schmidt</a> '76 donates $25 million for technology fund - The Daily Princetonian</p>
<p>"Google CEO Eric Schmidt [Princeton Class of '76] and his wife, Wendy, have created a $25 million endowment fund at Princeton University for the invention, development and utilization of cutting-edge technology that has the capacity to transform research in the natural sciences and engineering. . . . (continued)"</p>
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<p>This is a nice gift coming at this time of reduced resources. The fund is expected to encourage even more cutting-edge theoretical and applied research at Princeton.</p>