August 16 ,
2004
UCSD Receives $131.9 Million in Private Support to Help Launch New Schools and Important Initiatives For Fiscal Year 2003-2004
Campus Exceeds its yearly goal to ensure educational opportunity and enrich student life through UCSD’s Campaign which has raised over $600 million towards the $1 billion goal
By Lindsay
Orth
The University of California, San Diego (UCSD) today announced that private support for fiscal year 2003-2004 amounted to $131.9 million, making it the second most successful year in the history of the campus . (In fiscal year 1999-2000, the campus received $135 million in private support).
Additionally, in October 2003, The Campaign for UCSD: Imagine What’s Next surpassed the halfway mark of the campus’ first comprehensive campaign. This $1 billion fund-raising initiative was publicly launched March 15, 2003 and had been in a quiet phase since July 2000. Gifts and pledges to the campaign totaled $606.8 million as of June 30, 2004. The campaign is scheduled to conclude July 2007.
"This remarkable support from friends and alumni is arising from a growing awareness that a gift to UCSD will result in a substantial educational, cultural, and economic return to the San Diego community and beyond," said James M. Langley, vice chancellor of External Relations. "Their support and commitment to UCSD is what allows this institution to continue its rapid rise as one of the top universities in the country."
This year’s success toward the campaign goal was highlighted by a $30 million pledge from Ernest Rady and the Rady Family Foundation to name the Rady School of Management, the largest naming gift in university history, and the recent completion of commitments for two multi-year capital fund-raising initiatives. The capital initiatives include $30 million to fund the construction of the UCSD Cardiovascular Center and expansion of the John M. and Sally B. Thornton Hospital and $7.2 million toward the construction of the Robert Paine Scripps Forum for Science, Society and the Environment at the Scripps Institution of Oceanography.
Other groundbreaking highlights developed among the private support received during 2003-2004 are:
A gift of $7.5 million to create the Kavli Institute for Brain and Mind at UCSD from Fred Kavli and the Kavli Foundation.
- A $5 million gift from Carol and William Stensrud to support the Rady School of Management.
- Gifts totaling $18.3 million, a portion of a $110 million planned gift announced in March 2003, from Joan and Irwin Jacobs to the Jacobs School of Engineering.
- Other leadership gifts this year include: $4.9 million transferred from the La Jolla Playhouse toward UCSD’s La Jolla Playhouse Development and Education Center; $4.75 million from the Swartz Foundation to the Swartz Center for Computational Neuroscience; $2 million from Tatiana Lansche and the Lansche family to establish the Dr. Richard and Tatiana Lansche Distinguished Chair in Ophthalmology at the Shiley Eye Center; and $1.38 million from the Agouron Institute supporting biological and physical sciences.
Campaign initiatives fall within a framework of five main categories for support:
- Ensuring educational opportunity and enriching student life
$67 million raised as of June 30 toward a $100 million goal.
- Supporting outstanding faculty
$38.7 million raised as of June 30 toward a $100 million goal.
- Advancing academic excellence and launching inventive programs $209.3 million raised as of June 30 toward a $300 million goal .
- Improving lives through research and health care
$202.8 million raised as of June 30 toward a $400 million goal.
- Strengthening innovation funds
$89 million raised as of June 30 toward a $100 million goal.
Media Contacts: Lindsay Orth
(858) 822-5309
