The second-largest employer in San Francisco and the fifth-largest in the Bay Area, UCSF is a $3.6 billion economic engine that drives innovation in life sciences research and health care with worldwide impact.
From co-leading the birth of the biotech industry to bringing in the most funding from the National Institutes of Health (NIH) of any public institution, UCSF is a successful enterprise that provides jobs and fuels the economy.
UCSF Projected Revenues, FY 10/11 total: $3.69 billion. (see larger version of chart here)
In fact, UCSF generates $4.9 million in direct revenues to the city of San Francisco’s general fund, for a positive net impact of more than $720,000 according to a 2010 Economic Impact Report.
While UCSF’s total budget was $3.6 billion in fiscal year 2010, the University generated almost twice that amount when including its operations, salaries, construction and student spending.
UCSF Medical Center, which accounts for more than half, or $1.9 billion, of the University’s budget, pays its own way, and is bringing in millions of philanthropic and federal stimulus dollars to build a new hospital complex at Mission Bay. UCSF Medical Center at Mission Bay, scheduled to open in 2014 to serve children, women and cancer patients, will also create about 2,000 jobs in construction, health care and other services.
UCSF had an annual budget of $3.6 billion in fiscal year 2010, including $1.9 billion generated by UCSF Medical Center.
Here are a few highlights about the UCSF budget:
- UCSF received close to $269 million in total private support in fiscal year 2010, marking the tenth consecutive year in which total private support to UCSF exceeded $200 million.
- UCSF received about $463 million in total NIH research support (including research and training grants, fellowships, and other awards) in fiscal year 2009, making it the top recipient among public institutions and the second-highest among all institutions nationwide.
- UCSF overall and each of its schools of dentistry, medicine, nursing and pharmacy have ranked among the top four in total NIH funding for more than a decade.
- UCSF is one of the top institutional recipients of the federal stimulus-based scientific funding that is part of the American Recovery and Reinvestment Act (ARRA). As of Nov. 3, 2010, UCSF has been named to receive 360 grants totaling $166.5 million through ARRA, making UCSF one of the top institutional recipients of this stimulus-based scientific funding.