The Weills’ gift is also one of the largest ever to support the field of neurosciences in the U.S.
The donation will help finance the construction of a new 270,000-square-foot building at UCSF’s Mission Bay campus, which will also serves as the headquarters of UCSF Weill Institute for Neurosciences. The new facility will include state-of-the-art research laboratories and clinics for patients with brain and nervous system disorders, according to the report.
“We are extremely grateful to the Weill Family Foundation and Joan and Sandy — not only for the funding they’ve provided but because they have challenged us to think big,” UCSF Chancellor Sam Hawgood said in a statement, according to the report.
Mr. Weill is a former CEO and chairman of Citigroup. Mr. and Ms. Weill were among the first to sign The Giving Pledge in 2010, a commitment by the world’ wealthiest people to dedicate the majority of their fortunes to philanthropy. Including the most recent gift to UCSF, the Weills have made more than $1 billion in donations to educational, medical, cultural and arts institutions over the last four decades. Their most notable beneficiaries — Cornell University, Mr. Weill’s alma mater — and Weill Cornell Medicine received $600 million in total.
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