Rice University receives $100M Welch Foundation gift for advanced materials and chemical research

The Welch Foundation, a Houston-based private funder of chemical research, has donated $100 million to Rice University, the largest single donation to the university in its history.

The donation, which is also the largest that The Welch Foundation has ever given, will be used to hire an undetermined number of chemical researchers for the university over a period of years. The researchers will work in the newly formed The Welch Institute.

Carin Barth, chair and director of The Welch Foundation,…