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Venture capitalist John Doerr at Renmatix's planned new headquarters and research center, Tuesday, Sept. 27, 2011, in King of Prussia, Pa. Stanford University has received a $1.1 billion. gift from venture capitalist John Doerr and his wife, Ann, to fund a new school focusing on climate change. The gift announced Tuesday, May 3, 2022, will create a new school at Stanford that combines several existing departments and institutes as well as hiring dozens of new faculty members over a decade. (AP Photo/Matt Rourke **FILE**

Venture capitalist John Doerr at Renmatix's planned new headquarters and research center, Tuesday, Sept. 27, 2011, in King of Prussia, Pa. Stanford University has received a $1.1 billion. gift from venture capitalist John Doerr and his wife, Ann, to fund a new school focusing on climate change. The gift announced Tuesday, May 3, 2022, will create a new school at Stanford that combines several existing departments and institutes as well as hiring dozens of new faculty members over a decade. (AP Photo/Matt Rourke **FILE**

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