Mark Stevens Donates $175 Million to Create Joint Medical School by Santa Clara University and Sutter Health
Nvidia director and venture capitalist Mark Stevens and his wife Mary are giving $175 million to create the Mark & Mary Stevens School of Medicine, a joint venture between Sutter Health and Santa Clara University. The gift, announced Friday, is the largest ever received by either institution and comes 10 days after a $200 million donation to USC.
app.buzzsumo.comNvidia director and venture capitalist Mark Stevens and his wife Mary are donating $175 million to establish the Mark & Mary Stevens School of Medicine, a joint venture between Sutter Health and Santa Clara University. The gift is the largest ever received by both Santa Clara University and nonprofit Sutter Health, according to a joint statement issued Friday.
" The 82,000-square-foot campus will be built in Santa Clara, roughly two miles from Nvidia's headquarters.
It will house classrooms, simulation rooms and an anatomy lab. The school plans to enroll about 120 students per class and will open after completing a multiyear accreditation process. The donation was announced 10 days after the couple committed $200 million to the University of Southern California.
That gift will rename the School of Advanced Computing within the Viterbi School of Engineering to the Mark and Mary Stevens School of Computing and Artificial Intelligence. It will fund faculty recruitment and AI applications across health sciences, security, business and the arts.
The couple previously gave nearly $40 million toward Santa Clara University's athletics facilities. 5 billion according to Forbes estimates. Mark Stevens built his fortune largely on an early Nvidia bet.
He was an investor at venture firm Sequoia Capital where he made early investments in Google, PayPal and LinkedIn before founding investment firm S-Cubed Capital. Mark Stevens owns a minority stake in the Golden State Warriors NBA basketball team. The Stevens gifts form part of a striking cluster of AI-focused mega-donations in recent weeks.
The Michael and Susan Dell Foundation committed $750 million to the University of Texas at Austin in April for an "AI-native" medical center, undergraduate scholarships and computing infrastructure. Tench Coxe donated $100 million in January to help launch a medical center at the University of Texas at Austin.
The University of Wisconsin–Madison received $100 million in private gift commitments last month for its new College of Computing and Artificial Intelligence.
That college is set to launch July 1, 2026. Forbes reported the details of the Stevens donation and the surrounding wave of large-scale academic gifts.
Key Facts
Story Timeline
5 events- 2026-05-15
Joint statement issued announcing $175 million gift for Mark & Mary Stevens School of Medicine
1 sourceForbes - 2026-05-05
Mark Stevens and Mary Stevens committed $200 million to USC
1 sourceForbes - 2026-04
Michael and Susan Dell Foundation committed $750 million to University of Texas at Austin
1 sourceForbes - 2026-04
University of Wisconsin–Madison received $100 million for new College of Computing and Artificial Intelligence
1 sourceForbes - 2026-01
Tench Coxe donated $100 million for medical center at University of Texas at Austin
1 sourceForbes
Potential Impact
- 01
Creation of first new Bay Area medical school in over a century, expanding local physician training capacity
- 02
Strengthens ties between Silicon Valley tech wealth and healthcare/education institutions near Nvidia headquarters
- 03
Contributes to accelerating trend of billionaire philanthropy targeting AI integration in medicine and computing programs
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