The UC San Diego Foundation achieves a **13% return** on its **$1.8 billion endowment** for the fiscal year, driven primarily by public equity markets. The foundation manages investments supporting the University of California San Diego’s academic and research initiatives.
A philanthropist testified under scrutiny over the origins of a **$10 million donation** to **UC San Diego**, central to ongoing legal disputes between the university and a former physician. The widow’s statements revealed inconsistencies regarding the gift’s purpose and timing during the final day of a six-week trial. The donation remains a key point of contention in lawsuits involving the university and its former employee.
The UC San Diego Foundation appoints 10 new trustees to support its fundraising efforts. The university’s private fundraising campaign has already secured over $2 billion for campus construction and student resources. These new trustees, labeled as 'philanthropic ambassadors,' join the foundation’s board to help sustain and grow the campaign’s momentum.
The University of California, San Diego (UCSD) Foundation welcomes three new trustees from La Jolla: Phyllis Epstein, Rudolph Rehm, and Drew Senyei. The trio joins 10 other newly appointed board members. The Foundation supports UCSD’s research, education, and public service initiatives.
