Bioenergy

$25 M Donation Helps Create New Institute for Renewable Fuels

The Donald Danforth Plant Science Center announced a $25 million gift to create the Enterprise Rent-A-Car Institute for Renewable Fuels, which will expand the scientific expertise of the Danforth Center to speed up development of plant-based renewable biofuels.

“This gift establishes a truly unique partnership to address an important issue for future generations by utilizing the latest advances in plant science,” said William H. Danforth, Danforth Center Chairman. The donation was given by Jack and Susan Taylor; the Institute is named for Enterprise Rent-A-Car, which was founded by Jack Taylor in 1957 and is still owned by the Taylor family. “For 50 years, this company that my father built from the ground up has relied on the availability of vehicles and fuel,” said Andrew C. Taylor, chairman and CEO of Enterprise Rent-A-Car. “Today, more than ever, it is essential that we pursue new energy sources that will sustain not only our business, but also the environment around us for future generations.” This is the second sizable gift the Taylor family has made to the Danforth Center, and it completes the Center’s Campaign for a Green Future, a $100 million campaign launched in 2004 with a $50 million matching grant from the Danforth Foundation.