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UCSD PRIVATE SUPPORT REACHES RECORD LEVELS

The University of California, San Diego today announced that private support for fiscal year 1999-2000 amounted to $135 million, an increase of $19 million over the prior fiscal year and $77 million more than the 1996-97 fiscal year, just three years ago.

"As UCSD celebrates its 40th anniversary, we are reminded of how important the enthusiastic support of our community has been, and continues to be, in our ability to succeed and reach new goals," said Robert C. Dynes, UCSD chancellor. "Last year's success in fund-raising efforts was crucial as we pursue opportunities essential to this campus, and the San Diego community. We are truly grateful and honored to have this level of support and involvement."

Reflected in the 1999-2000 private support totals are gifts of one-million dollars or more for several major campus initiatives, including the UCSD Cancer Center, Irwin and Joan Jacobs School of Engineering, UCSD Cardiovascular Center and support for fellowships, scholarships and endowed chairs.

The UCSD Foundation, a nonprofit corporation formed in 1972 to generate and manage the university's charitable donations, currently manages assets in excess of $275 million. The Foundation has recently appointed five new trustees. Accepting three-year terms which began July 1st, are:

* Linden Blue, Vice Chairman of General Atomics

* William Comer, President and CEO, SIBIA Neurosciences Inc. and Director of Epimmune Inc.

* Stanley Foster, President of Foster Investment Corporation

* Richard Hertzberg, Founder, President and CEO, Enpex Corporation

* Joan Jacobs, community leader and arts patron

Also joining the Board this year are two trustee representatives:

* Beth Binger, representative for the UCSD Alumni Association, Principal of Beth Binger Communications

* Paul Peterson, representative from the UCSD Board of Overseers, retired Senior Partner, Peterson & Price