In a boon for the climate, philanthropists are making it rain for cleantech innovators

Sarah Kearney found her mission right out of high school. That summer, a wealthy family asked her to help launch a philanthropy focused on fighting climate change. She’d so impressed Arunas Chesonis, who made his fortune in telecommunications, during her internship at his company that he promised her the job once she graduated from the University of Virginia. Kearney was excited, but overwhelmed. “I do not know what you mean when you say ‘going public’ and I do not know what you mean when you say ‘private foundation,’” she remembers telling him. “But I’ll try to figure those things out while I’m in college!”

Read more at Grist.