This past week CEO and co-founder of social networking site Facebook, Mark Zuckerberg and his wife Priscilla Chan donated $75 million to San Francisco General Hospital, a donation that could potentially be the largest private donation ever to be given to a public hospital in the United States.
According to Zuckerberg, the donation, which will be allocated to the San Francisco General Hospital Foundation, the fundraising wing of the Hospital, “will allow The General to double the size of its new Emergency Room and quadruple the number of beds, and provide state of the art equipment for healthcare providers and first responders.” The hospital will also feature a new Trauma Center.
The hospital is currently being rebuilt and will be opened again in December as Priscilla and Mark Zuckerberg San Francisco General Hospital and Trauma Center. The couple’s donation is the largest gift the hospital has received since its founding in 1994.
Chan previously worked at the hospital in the trauma center (the only one in the Bay Area) during her pediatric residency. Her experiences at the hospital highlighted the importance of the institution and its services, as over 70 percent of its patients are underinsured or uninsured and it is home to San Francisco’s only psychiatric emergency room ad level-one trauma center.
The couple, along with other tech sector moguls such as Salesforce.com founder Marc Benioff and venture capitalist Ron Conway have spark a trend in philanthropic giving within Silicon Valley, and with this newfound donation, the Zuckerberg’s are sure to inspire many more tech powers to join in.