UC San Diego officials announced Friday that the university raised a record $312 million in fiscal year 2017-18 to fund scholarships and improvements to campus departments.
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The fundraising is part of the university’s Campaign for San Diego initiative. About $1.6 billion of the initiative’s $2 billion goal has been raised since the program was launched in 2012.
“We are so grateful to the many generous friends, alumni, foundations and corporations who have helped to make this another record-breaking fundraising year for UC San Diego,” Chancellor Pradeep K. Khosla said. “Philanthropic support allows us to continue to find new and innovative ways to enhance the student experience, enrich the campus community, and spark research and discoveries that will impact lives locally and around the world for generations to come.”
The $312 million is a new record for any San Diego institution of higher learning in one year and represents a 17 percent increase from fiscal year 2016-17, when UCSD raised $267 million. Sixty percent of the philanthropic support is intended to spark new programs, centers and initiatives for the campus’ academic divisions.
UCSD anticipates it will reach the $2 billion goal well before the campaign ends in 2022, and Khosla expects private support to continue helping the university make improvements.
“As our university looks to the future with optimism, UC San Diego and its philanthropic partners will continue to embrace a tradition of doing things a little differently to make the world a better place,” Khosla said.
–City News Service
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