Calif. Property Mogul Gives $25-Million to Salk Institute
June 3, 2014 | Read Time: 1 minute
San Diego philanthropist Conrad Prebys has donated $25-million to the Salk Institute for Biological Studies to boost the La Jolla, Calif., research center’s endowment, U-T San Diego writes.
The gift is the second-largest in the Institute’s current $300-million capital campaign, following a $42-million contribution in March 2013 from the Helmsley Charitable Trust. Mr. Prebys’s contribution brings the tally to $275-million with a year left in the campaign.
Mr. Prebys, who made his fortune in real estate, has made numerous large gifts to San Diego-area health, education, and cultural institutions, most recently donating $20-million for a new scholarship program at San Diego State University.
