The gift will enable TSRI to consolidate research labs, encourage collaboration among the institute's scientists, and strengthen ongoing programs at the intersection of biology and chemistry. The gift also will make it possible for Scripps to secure funding from a previous challenge grant, bringing the total in private donations for the construction project to more than $25 million.
Yin is chair of the Ruentex Group and chief development officer, chief technology officer, and chief engineer of Ruentex Construction & Development. He also serves as an adjunct professor in the Department of Civil Engineering at National Taiwan University and is a professor at Peking University. A 2013 signatory of the Giving Pledge, Yin is a longtime supporter of scholarships in literature, history, and higher education and has established several foundations. He also established the Tang Prizes in 2012 to encourage individuals across the globe to chart a middle path to sustainable development by recognizing and supporting revolutionary efforts in the fields of sustainable development, biopharmaceutical science, sinology, and rule of law.
"I would like to express my deep appreciation to Dr. Yin for this transformative gift," said TSRI chief executive Peter Schultz. "Together with a generous matching grant from an anonymous donor, the support provides critical anchor funding for the construction of cutting-edge new laboratories."