<p>[The</a> Associated Press: Google CEO creates $25M endowment at Princeton](<a href=“http://www.google.com/hostednews/ap/article/ALeqM5i6vli8ewXW3MDjM_o_r4EnhfED4gD9BAG8FG0]The”>http://www.google.com/hostednews/ap/article/ALeqM5i6vli8ewXW3MDjM_o_r4EnhfED4gD9BAG8FG0)</p>
<p>[Schmidt</a> '76 donates $25 million for technology fund - The Daily Princetonian](<a href=“http://www.dailyprincetonian.com/2009/10/14/24132/]Schmidt”>http://www.dailyprincetonian.com/2009/10/14/24132/)</p>
<p>[Princeton</a> University - Schmidt Fund to advance science through support for transformative technology](<a href=“http://www.princeton.edu/main/news/archive/S25/54/00M94/index.xml?section=topstories]Princeton”>http://www.princeton.edu/main/news/archive/S25/54/00M94/index.xml?section=topstories)</p>
<p>“Google CEO Eric Schmidt [Princeton Class of '76] and his wife, Wendy, have created a $25 million endowment fund at Princeton University for the invention, development and utilization of cutting-edge technology that has the capacity to transform research in the natural sciences and engineering. . . . (continued)”</p>
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<p>This is a nice gift coming at this time of reduced resources. The fund is expected to encourage even more cutting-edge theoretical and applied research at Princeton.</p>