Advertisement
Share

UC San Francisco Takes In $1.6 Billion

Times Staff Writer

UC San Francisco has raised $1.6 billion in seven years, the largest amount reaped by any fundraising campaign in the campus’ history, officials announced Thursday.

The money will aid stem cell, cancer and HIV/AIDS research and relieve crowding on the campus. Nearly $300 million will go toward the construction of a 43-acre Mission Bay campus south of downtown San Francisco.

The campaign, which exceeded its target of $1.4 billion, was established in 1998 as budgets were being slashed, healthcare costs were rising and buildings were becoming more and more decrepit and overcrowded. California funds 9% of UCSF’s yearly budget.

Advertisement

UCSF is the only University of California campus that principally focuses on healthcare sciences. The campus has schools of medicine, nursing, dentistry and pharmacy.

The campaign will provide:

* $54 million for basic science research.

* $35 million to help build a cancer research building, scheduled to open in 2008.

* $28 million to study slowing the spread of AIDS in Africa, from the Bill & Melinda Gates Foundation.

* $17 million to study the nationwide nursing shortage.

* $12 million to support stem cell research and the campus’ new Institute for Stem Cell and Tissue Biology.

UCSF’s campaign ends as other universities, particularly public campuses, run multibillion-dollar private fundraising efforts as funds from state governments decline.


Advertisement