Billionaire DreamWorks Cofounder David Geffen Donates $46 Million To UCLA Medical School

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Billionaire DreamWorks Cofounder David Geffen Donates $46 Million To UCLA Medical School
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Billionaire DreamWorks co-founder David Geffen donated $46 million to the medical school at UCLA by KristinStoller

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His latest contribution will support a scholarship fund at the David Geffen School of Medicine and will bring his total giving to UCLA to more than $450 million.Geffen, who is also the founder of record labels Asylum Records, Geffen Records and DGC Records, created the David Geffen Medical Scholarship Fund in 2012 with a $100 million donation. Now, 414 students are expected to receive scholarships over a 10-year period, according to the school.

Geffen, who did not graduate from UCLA, has a history of making big gifts to the institution. The medical school was named after Geffen in 2002 when he announced a $200 million donation to the school. According to the university, Geffen also donated nearly $250 million to UCLA’s Centennial Campaign, which has raised more than $5.3 billion in anticipation of the university’s 100th birthday this year.

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