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UCSF Children's Hospital Receives $100 Million Gift To Build New Hospital
Date:6/22/2010

uo; said Mark Laret, CEO of UCSF Medical Center and UCSF Benioff Children’s Hospital. “UCSF and the Benioffs share a commitment to performing at the very highest level, and we look forward to realizing our joint vision of creating the world’s most advanced children’s hospital at Mission Bay.”

The $100 million gift is one of the most significant private gifts ever made to a children’s hospital in the United States and is the largest contribution made to any capital project in the country this year. It is the fourth largest philanthropic gift in UCSF’s history.

“In business, we say that people overestimate what you can do in a year and underestimate what you can do in a decade. This is true in philanthropy as well,” Marc Benioff said. “We will give exclusively to UCSF Benioff Children's Hospital, which has the research base for the next generation of discoveries, a commitment to advance health worldwide, and a focus on every child, regardless of resources. This is where we believe our time and resources will make the most impact in the next decade and beyond.”

The current gift completes the $125 million matching gift to the Campaign for UCSF Medical Center made in March 2009 by The Atlantic Philanthropies and its founder Charles F. Feeney. The match comes in two years ahead of schedule and brings the total raised for the $600 million capital campaign to $320 million. The Mission Bay project is now the only capital project at any University of California campus to receive two pledges of $100 million or more.

“This campaign has made great strides in a remarkably short time, especially given the current economic climate. Our progress speaks to the compassion of our supporters and to the importance of our cause, and we hope to continue inspiring others to join us,” Laret added.

To further engage the community, UCSF is launching an interactive website
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