Skip to main content

Gain for Cisco chairman’s foundation (San Jose Mercury News)

Cisco Systems Chairman John Morgridge this month cashed in $143.6 million of stock in the San Jose networking giant held by the charitable foundation created by him and his wife, Tashia.

Last year, John and Tashia Morgridge gave $31 million for the renovation and completion of an education building at the University of Wisconsin in Madison, where the two earned bachelor’s degrees in 1955, according to media reports. In another donation, the Tosa Foundation provided equipment valued around $10.8 million in 2002 for upgrades of the school’s computer network.