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SDNews.com
Home La Jolla Village News

Property mogul Prebys gives $25 million to Salk Institute

Tech by Tech
June 4, 2014
in La Jolla Village News, News
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Property mogul Prebys gives $25 million to Salk Institute

San Diego philanthropist Conrad Prebys has donated $25 million to the Salk Institute for Biological Studies to boost the La Jolla research center’s endowment, according to published reports.
The gift is the second largest in the institute’s current $300 million capital campaign, following a March 2013 contribution of $2 million from the Helmsley Charitable Trust. Prebys’ contribution brings the tally to $275 million, with a year left in the campaign.
Prebys, who made his fortune in real estate, has made n0umerous large gifts to area health, education and cultural institutions, most recently donating $20 million for a new scholarship program at San Diego State University.

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