The California Institute of Technology has announced a $15 million gift from trustee James F. Rothenberg and his wife, Anne.
The gift will support the Caltech Innovation Initiative (CI2), which funds high-risk, early-stage research by Caltech faculty that could lead to marketable technologies, and endow graduate student fellowship programs across the school's six academic divisions.
James Rothenberg is chairman of Los Angeles-based Capital Group Companies, Inc., an investment management firm. He was elected to the Caltech board of trustees in 2006 and chairs the board's business and finance committee, serves as vice chair of the development committee, and is a member of the investment committee. Rothenberg also plays a prominent role at Harvard University, from which he received both his bachelor's and master's degrees, chairing the board of the Harvard Management Company, which manages the university’s endowment. In addition, he sits on the boards of Huntington Memorial Hospital, public television station KCET, and the J. Paul Getty Trust. Anne Rothenberg has worked as a reporter or editor for Life, Fortune, and Architectural Digest magazines and is a member of the board of trustees of the Huntington Library, Art Collections, and Botanical Gardens.
"The impact of Jim and Anne's gift goes beyond the crucial support it supplies and the breakthroughs it may enable," said David L. Lee, chair of the Caltech board of trustees. "When the people who know the institute best make substantial commitments, it sends an unmistakable message: Caltech is the place to be, philanthropically."