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Thursday, July 26, 2018

Billions

Actually, it's one of those great quotes of dubious origin.
When UCLA officials in 2014 announced a $4.2 billion fundraising campaign, the university hoped it would reach the goal by the end of 2019. But the university announced Wednesday it has already reached the milestone, 18 months ahead of schedule.

"The support we have seen for UCLA during this campaign has been deeply inspiring and a testament to the great value our university brings to people locally and globally," UCLA Chancellor Gene Block said in a statement released by the university. "It also shows the confidence that people and foundations have in our students, staff, faculty and alumni to drive discovery, innovation, education and service."

The fundraising effort -- the Centennial Campaign for UCLA -- will continue despite already meeting its goal.

University officials said more than 58,000 donors contributed to the campaign during 2017-18, and 95 percent of the donations were less than $10,000. UCLA received 109 gifts of $1 million or more.

Among the most notable donations were:

  • $100 million from music mogul David Geffen to establish the Geffen Academy at UCLA, and an additional $100 million from Geffen to establish scholarships for medical students at the Geffen School of Medicine;
  • a total of $109 million by UCLA graduates Renee and Meyer Luskin, including funds for the UCLA Renee and Meyer Luskin Conference Center;
  • more than $50 million in total gifts from Henry and Susan Samueli;
  • $20 million from the Parker Institute for Cancer Immunotherapy;
  • $100 million from philanthropist Marion Anderson, whose late husband John is the namesake of the UCLA Anderson School of Management; and
  • more than $4 million from "The Big Bang Theory" co-creator Chuck Lorre and the show's cast and crew to establish scholarships for students studying science, technology, engineering and math.

Source: https://patch.com/california/centurycity/ucla-surpasses-4-2-billion-fundraising-goals

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