Epstein family makes third major donation to UC San Diego in less than a year

For the third time in lower than a yr, La Jolla philanthropists Daniel and Phyllis Epstein have made a significant donation to UC San Diego, giving the varsity $1 million to assist help a middle that can examine the character and impact of homelessness.

One other San Diego couple, Hanna and Mark Gleiberman, additionally donated $1 million for the brand new Homelessness Hub, which will likely be in UCSD’s Division of City Research and Planning.

“Homelessness has remained a long-term drawback in San Diego and we should always flip to the most effective researchers we now have to determine considerate options,” Daniel Epstein mentioned in a press release.

“That is about getting folks not solely a spot to stay, however every thing that goes together with it.”

Epstein compiled a fortune as founding father of ConAm, a non-public San Diego-based actual property firm that has lengthy managed 1000’s of residences all through the U.S.

He has unfold his wealth to the College of Southern California, the place he earned a bachelor’s diploma in engineering within the Sixties, and to UC San Diego.

In January, the Epsteins donated $50 million for Alzheimer’s analysis, splitting the cash between UCSD and USC. The present had political in addition to scientific significance.

In 2015, the 2 universities grew to become concerned in an unpleasant and public lawsuit over who had the correct to function a long-standing Alzheimer’s analysis heart in La Jolla.

4 years later, USC publicly apologized for the best way it had taken over the analysis heart, and agreed to pay UCSD $50 million for interfering within the matter.

Stress between the faculties lingered. However Epstein and UCSD Chancellor Pradeep Khosla started speaking about methods to clean issues over, which resulted it the $50 million present Epstein made in January. The cash is supposed to encourage UCSD and USC to collaborate.

The Epsteins additionally helped UCSD final July after they gave the varsity $10 million to assist set up a 2,800-seat out of doors amphitheater on campus. The amphitheater is scheduled to open in October. It’s half of a bigger plan to draw extra members of most of the people to the campus, which is present process the most important growth in its historical past. UCSD estimates that it’ll have about 44,000 college students when courses start this fall.