Former Citigroup CEO Sandy Weill has donated $120 million to the veterinary school at the University of California, Davis, the largest gift ever made in veterinary medicine. The donation is a significant gesture from the billionaire banker and his wife, Joan, who have also been vocal supporters of various educational and medical institutions.
The couple's decision to support UC Davis comes after the school provided exceptional care for their late dog, Angel, a bichon frisΓ©. After Angel passed away in 2018, Weill and Joan adopted another dog, Sweet Pea, of the same breed, leading them to explore ways to honor their beloved pets' memory.
Their philanthropic efforts have been substantial, with the couple donating more than $1.5 billion to various institutions across education, medicine, and culture. Notable gifts include a $106 million donation to launch a neurological disease initiative at several top medical centers and a $50 million grant to establish a collaborative cancer research hub.
The $120 million gift from Weill will be used to support expansion and training initiatives at UC Davis, with a focus on comparative medicine and research into conditions affecting both animals and humans. A significant portion of the donation will go towards constructing a new animal teaching hospital, which will enable the school to care for an additional 20,000 animals annually and participate in cutting-edge research.
The university aims to bolster its veterinary campus by increasing enrollment in its Doctor of Veterinary Medicine program from 600 to 800 and training more specialists. The school is currently facing a dire shortage of veterinarians, with only 76% of the projected 70,000 new graduates needed by 2032 anticipated.
Weill's philanthropic efforts are expected to have a lasting impact on the university and veterinary medicine as a whole. "UC Davis is home to one of the world's most outstanding veterinary schools and many of the brightest minds in animal and human medicine," Weill said in a statement. "We are proud to support an institution where groundbreaking research and compassionate care are prioritized together, and where discovery benefits both animal and human health."
The university will rename its school in honor of Weill's generosity, with the UC Davis Weill School of Veterinary Medicine set to become one of the top veterinary programs globally.
The couple's decision to support UC Davis comes after the school provided exceptional care for their late dog, Angel, a bichon frisΓ©. After Angel passed away in 2018, Weill and Joan adopted another dog, Sweet Pea, of the same breed, leading them to explore ways to honor their beloved pets' memory.
Their philanthropic efforts have been substantial, with the couple donating more than $1.5 billion to various institutions across education, medicine, and culture. Notable gifts include a $106 million donation to launch a neurological disease initiative at several top medical centers and a $50 million grant to establish a collaborative cancer research hub.
The $120 million gift from Weill will be used to support expansion and training initiatives at UC Davis, with a focus on comparative medicine and research into conditions affecting both animals and humans. A significant portion of the donation will go towards constructing a new animal teaching hospital, which will enable the school to care for an additional 20,000 animals annually and participate in cutting-edge research.
The university aims to bolster its veterinary campus by increasing enrollment in its Doctor of Veterinary Medicine program from 600 to 800 and training more specialists. The school is currently facing a dire shortage of veterinarians, with only 76% of the projected 70,000 new graduates needed by 2032 anticipated.
Weill's philanthropic efforts are expected to have a lasting impact on the university and veterinary medicine as a whole. "UC Davis is home to one of the world's most outstanding veterinary schools and many of the brightest minds in animal and human medicine," Weill said in a statement. "We are proud to support an institution where groundbreaking research and compassionate care are prioritized together, and where discovery benefits both animal and human health."
The university will rename its school in honor of Weill's generosity, with the UC Davis Weill School of Veterinary Medicine set to become one of the top veterinary programs globally.