SF Stem Cell Institute Rakes in Giant Donation

Thursday, Dec 18, 2008  |  Updated 10:58 AM PDT
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SF Stem Cell Institute Rakes in Giant Donation

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Close up of cancer cells. (Photo by American Cancer Society/Getty Images)

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Gov. Arnold Schwarzenegger joined officials from the University of  California, San Francisco late this morning to announce a $25 million gift  from the state's largest private donors to stem cell research.

The donation is from the Los Angeles-based charitable foundation  of Eli and Edythe Broad. In turn, the university's stem cell center will be  renamed the Eli and Edythe Broad Center of Regenerative Medicine and Stem  Cell Research at UCSF.

Eli Broad is a former executive in the home-building industry.

Through their foundation, he and his wife have given a combined $75 million  to stem cell programs at the University of California's San Francisco and Los  Angeles campuses, and the University of Southern California, according to  UCSF.

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