Stanford University has announced a naming gift from Robert and Dorothy King in support of the Stanford Center on Global Poverty and Development.
With the gift, the renamed Stanford King Center on Global Development will create new research opportunities for faculty and students, expand its efforts to inform public policy, and engage private-sector leaders. The funding also will enable the center to expand the scope and pace of faculty research initiatives and advance large collaborative endeavors, including the Data for Development initiative, which leverages satellite imagery, cell phone records, and social media analytics to better understand the connections between poverty, agriculture, infrastructure, and migration.
Launched in 2017, the center is a joint venture between the Stanford Institute for Economic Policy Research and Stanford Institute for Innovation in Developing Economies (Stanford Seed), an initiative led by the Stanford Graduate School of Business (GSB) — of which Robert King is an alumnus ('60). The Kings are founding donors of Stanford Seed, which provides entrepreneurs in emerging markets with training, coaching, and networking support.
Co-founders of King Philanthropies, the couple also have provided support for several other Stanford programs, including the Knight-Hennessy Scholars, Stanford Institute for Human-Centered Artificial Intelligence, GSB, and Stanford Athletics. Robert King is the founder of investment management firm R. Eliot King & Associates and venture capital firm Peninsula Capital.
"The center's work directly aligns with our values and ambitions in improving the quality of lives around the world," said King. "Alleviating global poverty is one of the most pressing challenges of our time. Dottie and I are looking forward to seeing how increased collaborations and new insights will lead to progress for those who need it most."