Given the high cost of living in the Bay Area and the increasingly competitive culture of academic recruiting, discretionary funding can play a significant part in increasing institutions’ ability to recruit and retain the highest caliber faculty.

At UC San Francisco (UCSF), Koret has renewed support for the Chancellor’s Fund, which has already allowed the university to retain top-notch faculty who are heavily recruited by private institutions with access to considerable endowments, research support, and lower cost of living. Through flexible funding, the Chancellor has been able to retain top faculty with a combination of competitive salaries as well as financial resources for lab space, staff, and equipment.

Continued discretionary funding from Koret increases the chancellor’s capacity to act quickly when opportunities arise to secure future leaders in the health field. This includes attracting new faculty at the beginning of their careers, recruiting advanced faculty, and retaining star talent. This flexibility fortifies UCSF’s commitment to remain a leading institution, able to provide brilliant thinkers with the resources to support and accelerate their vital work. The uniquely collaborative culture of UCSF has allowed it to seed some of the greatest advances in medicine and to continue to anticipate the healthcare of tomorrow.