The UC San Diego Foundation, which raises and manages charitable gifts for the University of California, San Diego, announces that 10 new trustees will join the Foundation board, for a total of 42-members. The board oversees the management of approximately $600 million in charitable assets, including $375 million in endowment. For the fiscal year ending June 30, 2011, the campus expects private support to total approximately $120 million.
“The UC San Diego Foundation Board plays a vital role at the university. Given the continuing decline in funding from the state, raising and managing charitable support is critical to our future,” said Chancellor Marye Anne Fox. “Our trustees are philanthropists, stewards and ambassadors who wholeheartedly support the university, and they help others to understand the positive impact UC San Diego has on our region and our world.”
The new trustees, one of the largest groups to join the board at one time, represent alumni, supporters and friends of the university and bring a diverse set of skills, perspectives and experiences to the board. The new members from Del Mar and Solana Beach include:
• Donald W. Grimm currently serves on the board of several biotech companies, including Life Technologies. He is a director of Hamilton BioVentures and was previously CEO of Hybritech, an early San Diego biotech company. He is also the new chair of the UC San Diego Moores Cancer Center Advisory Board.
• Chris Weil is the chair of Christopher Weil & Company, Inc., a financial services firm. His philanthropic endeavors range from supporting The Preuss School UCSD and the Mainly Mozart Festival to establishing the Patricia and Christopher Weil Family Foundation.
• David Winkler is the CEO and co-founder of the Del Mar Partnership, Inc. A dedicated supporter of diabetes research, he currently serves as the chair of the UC San Diego Pediatric Diabetes Research Center Leadership Council.
The new trustees replace a group of eight UC San Diego trustees whose six-year terms were completed June 30, 2011.