Blog

MBA News: Stanford GSB Receives $150 Million Gift to Start “SEED” Institute

Dorothy and Robert King (MBA ’60) have donated $150 million to Stanford University’s Graduate School of Business (GSB), the largest gift in the school’s history, to start the Stanford Institute for Innovation in Developing Economies (SIIDE or “SEED”). The idea for the institute came from the homestays that the Kings have offered to the GSB’s international students for more than four decades—the Kings personally saw these students benefit from their educations and the broader communities benefit from their entrepreneurship. The institute’s goal is nothing short of helping to alleviate poverty in developing economies through multidisciplinary research and “on-the-ground work.” SEED will focus on developing organizations that employ people in impoverished communities and those that provide low-cost services or products for people in these areas. The Kings’ gift should help Stanford reach $200 million in donations, because $50 million of the couple’s gift is “matching,” meaning that others must contribute $50 million for the Kings to release the second $50 million tranche. Wouldn’t it be nice to be in a position to donate $150 million…?



onTrack by mbaMission

A first-of-its-kind, on-demand MBA application experience that delivers a personalized curriculum for you and leverages interactive tools to guide you through the entire MBA application process.

Get Started!


Upcoming Events


Upcoming Deadlines

  • HEC Paris (Round 4)
  • LBS (Round 2)
  • Penn Wharton (Round 2)
  • Ohio Fisher (Round 2)
  • Cambridge Judge (Round 3)
  • Carnegie Mellon Tepper (Round 2)
  • Dartmouth Tuck (Round 2)
  • Emory Goizueta (Round 2)
  • Georgetown McDonough (Round 2)
  • Harvard Business School (Round 2)
  • Michigan Ross (Round 2)
  • Ocford Saïd (Round 4)
  • UCLA Anderson (Round 2)
  • UW Foster (Round 2)

Click here to see the complete deadlines


2024–2025 MBA Essay Tips

Click here for the 2023–2024 MBA Essay Tips


MBA Program Updates

Explore onTrack — mbaMission’s newest offering allowing you to learn at your own pace through video. Learn more