Bowes Foundation endows Caltech chair with $5 million gift

The foundation formed by the founding shareholder of Amgen Inc. and longtime financier Bill Bowes Jr. endowed a position at the California Institute of Technology.

The William K. Bowes Jr. Foundation, based in San Francisco, endowed Stephen Mayo's new division leadership chair with a $5 million gift, the school said Tuesday. Mayo is chair of the division of biology and the Bren professor of biology and chemistry at Caltech.
The Bowes Foundation gift was supplemented by an additional $2.5 million from the Gordon and Betty Moore Matching Program.