UC San Francisco has raised $1.6 billion in seven years, the largest amount reaped by any fundraising campaign in the campus' history, officials announced Thursday.
The money will aid stem cell, cancer and HIV/AIDS research and relieve crowding on the campus. Nearly $300 million will go toward the construction of a 43-acre Mission Bay campus south of downtown San Francisco.
The campaign, which exceeded its target of $1.4 billion, was established in 1998 as budgets were being slashed, healthcare costs were rising and buildings were becoming more and more decrepit and overcrowded. California funds 9% of UCSF's yearly budget.
UCSF is the only University of California campus that principally focuses on healthcare sciences. The campus has schools of medicine, nursing, dentistry and pharmacy.