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Oracle’s Jeff Henley and Wife Give UCSB a $50 Million Gift
UCSB has received a $50 million gift — the largest in school history — from Oracle chairman Jeff Henley, a university alumnus, and his wife, Judy, campus officials announced Saturday.
The gift, which will be formally announced at a reception Saturday evening at the Bren School of Environmental Science & Management on campus, will support the Institute for Energy Efficiency and the College of Engineering.
Some $30 million will pay to construct a new building — Henley Hall — for the institute. The remainder will be used for various priorities in the College of Engineering, officials said.
“This gift allows us to play an important role in supporting the priorities of the university and the College of Engineering, by significantly advancing the sciences and the Institute for Energy Efficiency,” Henley said in a statement released by UCSB.
“We hope to create new opportunities for research and discovery, and to support UC Santa Barbara’s already strong commitment to preparing the next generation of scientists and engineers.”
University officials had planned to keep the Henleys’ gift secret until Saturday evening’s event, but released it earlier in the day after a Los Angeles news agency broke the story embargo.
Check back Saturday night for a complete story and photos from Noozhawk’s Lara Cooper.
— Noozhawk executive editor Tom Bolton can be reached at .(JavaScript must be enabled to view this email address). Follow Noozhawk on Twitter: @noozhawk, @NoozhawkNews and @NoozhawkBiz. Connect with Noozhawk on Facebook.
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» on 05.12.12 @ 09:45 AM
Great news!
Direct money directly to education. Much better than writing tax checks that get diverted and never seem to end up funding education.
» on 05.12.12 @ 01:57 PM
The key to our future on the planet is investment in energy production research that clean, safe, renewable and accessible. Bravo Henley’s, money well spent and may future generations be richly rewarded someday as the result of this charitable gift.
Sustainable energy breakthroughs will be the planet’s next lifestyle transformation. We are playing around with junk energy toys right now like greedy solar, messy nuclear, compromised bio-fuels and indefensible carbon burns including the need for ridiculously massive batteries.
Innovation and revolution in energy production needs to come from someone and some where. May that now be UCSB. Thank you, Henley’s. Wisdom and vision. Can’t do better than this.
» on 05.12.12 @ 08:31 PM
No millions of dollars given to UCSB is a “gift”. More privatization of the UCs.
» on 05.13.12 @ 10:28 AM
Great attitude surfsb. Guess the rich can do no right in your world, eh? BTW, what color is the sky there?
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