Here Is Ron Conway Talking About His $40 Million Donation to UCSF

Venture capitalist Ron Conway will be donating $40 million to a new outpatient center at UCSF’s state-of-the-art Mission Bay campus in San Francisco, set to open later this month.

The 207,500-square-foot UCSF Ron Conway Family Gateway Medical Building will provide services for women, children and cancer patients and will receive an estimated 1,500 visits daily.

He talked about his donation with Re/code today.

“I was born and raised in San Francisco, and when we moved back 14 years ago, we adopted UCSF Children’s Hospital,” Conway said. “So, for the last 14 years, we’ve been very, very active at UCSF. With the new campus at Mission Bay, we saw an opportunity.”

Conway chose to donate to the outpatient facility, because that was where UCSF had its greatest need. It also receives the widest group of patients. “Since it’s outpatient, it helps every constituency that UCSF serves,” Conway said.

Conway, who founded SV Angel and invested in companies like Facebook, Airbnb and Twitter, has been an active and vocal philanthropist in San Francisco, galvanizing others in the tech community to donate through programs like SF.Citi, San Francisco Citizens Initiative for Technology and Innovation. There is well-documented tension over the growth of digital companies in San Francisco over the last year, especially around tech isolating itself from the community, which Conway has been very vocal in addressing.

“I hope that people recognize that people who are obtaining wealth in technology are giving back,” he said. “This is the highest pedigree medical center west of the Mississippi. It just continues to get better. And I feel like the tech community keeps getting better about giving.”

UCSF’s Mission Bay campus, a $1.5 billion dollar project that celebrated its first anniversary 12 years ago, officially opens Feb 1.

This article originally appeared on Recode.net.

Contributions are a key part of the future of Vox

Readers rely on Vox for clear, nuanced coverage that not only illuminates the issues, but poses solutions, too. And we rely on help from our readers: Advertising and grants cover the majority of our costs, but we count on contributions to help us close the gaps in our budget. In fact, we’re looking to reach 95,000 individual contributions before the end of the year. Will you make the next contribution right now? Our average gift is just $20 — and it goes a long way in helping us keep our work free. Vox is here to help everyone understand what’s shaping the world — not just the people who can afford to pay for a subscription. We believe that’s an important part of building a more equal society. Join that mission by making a contribution today.

One-Time Monthly Annual

$5/month

$10/month

$25/month

$50/month

Other

$

Yes, I'll give $5/month

Yes, I'll give $5/month

We accept credit card, Apple Pay, and Google Pay. You can also contribute via