Former prof. gives large gift - The Stanford Daily Online

Former prof. gives large gift - The Stanford Daily Online: "In the same year, Doty also placed a down payment on a $5 million San Francisco home, purchased an Italian villa and was in the process of buying an island in New Zealand. Shortly after giving Stanford the stock, the dot-com bust left Doty $3 million in debt, but the neurosurgeon decided not to rescind his donation to the University — a gift that amounted to $5.4 million when the University recently sold Doty’s stock, effectively releasing the largest portion of his remaining assets."