Foreground, from left, University of California President Mark Yudof, UCSD Chancellor Marye Anne Fox, UC San Diego Foundation Board of Trustees Chair Pauline Foster, Preuss Family Foundation president Peter Preuss, and UC San Diego Foundation Board of Trustees member Peggy Preuss
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UC San Diego Foundation Endowment Portfolio Returns
UC San Diego Foundation Endowment Portfolio Asset Mix
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UC San Diego Foundation Insert
As UC San Diego continues to grow, private support plays an increasingly important role in continuing the university’s local impact, national influence, and global reach. In fiscal year 2007–08, the campus received $121.8 million in private support to help forge common connections, research new possibilities, support change initiatives, and provide public benefit.
The UC San Diego Foundation is a not-for-profit corporation dedicated to securing and stewarding private gifts that benefit UCSD, and serves as trustee for a number of charitable trusts. As of June 30, 2008, the Foundation managed $520.8 million in diverse financial assets given for endowed or expendable campus purposes.
The Foundation’s Board consists of forty-four trustees. Seven new or returning trustees were appointed to three-year terms beginning July 1, 2008: Julia Brown; John Cambon, ‘74; Mark Diamond, ‘87; Augustine Gallego; George Haligowski; Stephen Schreiner, ‘80; and Kwan So.
“UC San Diego has made this community mature. Without the university we never would have had the intellectual growth we’ve experienced in San Diego over the last several decades,” said Pauline Foster, a native San Diegan and philanthropist who chairs the UC San Diego Foundation Board.
Gifts to UCSD have the power to transform individual lives and benefit whole communities. Now, more than ever, the world needs the kind of innovation UCSD provides. Because the university receives only 12 percent of its annual budget from state funding, philanthropic contributions are critical for continued success. Private gifts—no matter how large or small—can make the difference in finding a cure for cancer, developing policies to promote global security, or recruiting the best and brightest students and faculty. Following is a sampling of gifts that have made an impact.
During his career as an aerospace engineer in Southern California, Robert Ledell witnessed the rise of a global aerospace industry. He worried about America’s ability to maintain its competitive edge—and recognized the key role that higher education plays in regional and national prosperity.
The Ledell Family Endowed Scholarship, funded by a $2.4 million planned gift from the late Robert Ledell, will go a long way toward maintaining the nation’s competitive advantage in science and technology. This very generous bequest will provide scholarships in perpetuity for deserving UCSD undergraduates who major in the physical sciences, biological sciences, or engineering. To date, there are nine Ledell scholarship recipients.
UC San Diego is home to a number of Nobel laureates, including Professor Roger Tsien, Ph.D., who shares the 2008 Nobel Prize in Chemistry. The Department of Economics has the most Nobel laureates of any academic area at UCSD. In 2003, faculty members Clive Granger and Robert Engle received the Nobel Prize for their discoveries in the analysis of time series data, which have fundamentally changed the way economists think about financial and macroeconomic data.
The recently established Robert F. Engle Endowed Chair in Econometrics, which honors this groundbreaking work, will help to recruit and retain key department faculty. The list of supporters for the $500,000 chair included a number of UC San Diego alumni—several of whom were first-time donors to the university.
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Top: Parent donors Jennifer and Jim Cantele with Gigi and Shale Imeson (shown
in the photo enlargement) watching their sons’ team at a recent Triton
baseball game. Below: Matt Cantele, son of Jennifer and Jim, above.
Triton baseball players Matt Cantele, ‘09, and Garrett Imeson, ‘09, have more in common than their love for America’s favorite pastime—both student-athletes have dedicated parents who share the impressive commitment of attending nearly every game. Jim Cantele estimates that he and his wife, Jennifer, could probably count the games they’ve missed on one hand. “Your child is only in college once, so we want to make the most of it while we still can,” adds Jim.
While touring with the team, the parents noticed something: they could see their sons’ games better at most of the host schools than at home. The Tritons needed a new backstop that did not block spectators’ views. After a discussion with the team coach, Gigi and Shale Imeson, M.D., the Canteles, and several other parents rallied to raise $32,000 to give the team a new backstop. The chain link fence with sixteen poles that served as a backstop was removed and a new top-of-the-line net was hung in its place.
The players weren’t the only ones who raved about the improvement. According to the Imesons, “We believe that we can make upgrades to the Triton facilities one step at a time and still make a great difference.”
For former UC San Diego faculty member Irwin Jacobs, his wife, Joan, and their children, giving is a family tradition—and the university is a family cause. From 1966 to 1972, Irwin Jacobs was an engineering professor at UCSD. In 1985, Jacobs co-founded QUALCOMM Inc., a Fortune 500 company and the world leader in digital wireless technology.
The couple, who in 2003 made a gift of $110 million to UC San Diego’s Jacobs School of Engineering—the largest contribution in the university’s history—also partner with other campus programs and divisions including Shiley Eye Center, the Stuart Collection, and the Graduate School of International Relations and Pacific Studies. Envisioning a greater role for San Diego in shaping public policy in the Pacific region of the Americas and Asia, the Jacobs have contributed $500,000 each of the last three years to create and support the Pacific Leadership Fellows program and a new Center on Pacific Economies.
Over the years, QUALCOMM has also provided generous corporate support for UC San Diego’s educational, research, and service missions. “With industry leadership comes many opportunities and responsibilities to have a positive impact on our communities,” said Paul Jacobs, who succeeded his father as QUALCOMM chief executive officer. Over the past five years alone, the company has provided nearly $6 million to the Jacobs School of Engineering and Calit2, the School of Medicine, Rady School, and other areas across campus.
The Walton Family Foundation has provided a gift of $2 million to establish the Martin Stein Endowed Chair in Developmental and Behavioral Pediatrics at UC San Diego. The endowment will ensure the expansion of programs in patient care and research in conditions that affect the development and behavior of children and adolescents. In addition, the endowment will support teaching programs for the next generation of pediatricians who are training at UCSD.
Developmental and behavioral pediatrics is the subspecialty that considers both the biological and psychosocial aspects of child and adolescent development. Developmental-behavioral pediatricians evaluate, counsel, and provide treatment for patients with a wide range of conditions, including dyslexia, attention-deficit/hyperactivity disorder, depression, and autism spectrum disorders. The UCSD Division of Developmental-
Behavioral Pediatrics is within the Department of Pediatrics. The faculty in the division have an important role in the training of pediatric residents and medical students.
A $1 million grant from the California Telemedicine & eHealth Center will support the development of a Southern California Telemedicine Learning Center (TLC) on campus. “Through the center, we will be able to bring innovations in telemedicine into medically underserved urban and rural communities, with the goal of improving health care for vulnerable patient populations,” said David Brenner, M.D., UCSD vice chancellor for Health Sciences and dean of the School of Medicine.
One of TLC’s major partners will be the Community Clinics Health Network, which represents seventeen community clinic corporations with over seventy locations in San Diego County. The center will also work with the Imperial County School District to help students with chronic medical conditions and moderate-to-severe disabilities.
An example of telemedicine that is already up and running is UCSD’s STRokE-DOC.
The program provides long-distance consultation by UCSD stroke specialists to emergency rooms in San Diego and Imperial Counties via wireless, interactive audiovisual technology.
By 2030, based on U.S. Census Bureau projections, it is anticipated that 25 percent of the population will be over sixty-five. Slowing the aging process by 5 or 10 percent could dramatically improve the health of older adults and decrease the number of individuals living with disease and disability.
Physicians and researchers at the newly created Division of Geriatrics at the UC San Diego School of Medicine have launched a four-year study to determine how processes such as cellular damage, inflammation, and gene activity are linked to the aging process and associated disorders. A grant of nearly $2 million from the Larry L. Hillblom Foundation supports this trail-blazing quest to better understand the aging process and minimize its effects.
Click for a list of the UC San Diego Foundation Board Members