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Zuckerberg donation advances SF General27s FF&E push; budget analyst flags remaining shortfall

San Francisco Board of Supervisors Budget and Finance Committee · February 25, 2015
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

San Francisco27s Department of Public Health and the San Francisco General Hospital Foundation described a major private fundraising push, including funds tied to a proposed naming agreement; city analysts say a remaining private shortfall and differing figures in testimony warrant further review before final approvals.

San Francisco27s Department of Public Health urged the Budget and Finance Committee on Feb. 25 to accept a foundation gift to outfit the new San Francisco General Hospital, saying bond proceeds cannot be used for furniture, fixtures and equipment.

Director of Health Barbara Garcia told the committee the city has been on a six-year effort to complete the hospital and that private donations are intended to cover FF&E costs that bond financing excludes. "Bond dollars do not allow for furniture and fixtures," Garcia said in presenting the resolution. The item would authorize the department to accept and expand a gift from the San Francisco General Hospital Foundation and approve a 50-year naming agreement for the Priscilla and Mark Zuckerberg Institute at San Francisco General Hospital and Trauma Center.

Hospital CEO Sue Curran and the foundation27s executive director, Amanda Hare, described a capital campaign the foundation said totals $135 million, of which it reported 95 percent has been raised. In testimony the foundation described a major leadership commitment by Dr. Priscilla Chan and Mark Zuckerberg; the foundation charactered that commitment as an exceptional grant in support of completing the hospital27s equipping and technology.

The committee heard two different figures in the record about the size of the Zuckerbergs27 contribution: the clerk27s item description and the Department of Public Health cited a gift figure of roughly $57.4 million as part of the package, while foundation remarks referenced a $75 million leadership grant as part of the broader $135 million campaign. Budget and Legislative Analyst Mr. Rose told the committee the department27s financial tables show a total estimated minimum FF&E cost of $170,487,470 and an estimated remaining private shortfall of $16,694,470.

Supervisor Katie Tang praised the private support and moved to forward the resolution with a positive recommendation to the full Board. The committee took that motion without objection; the item will proceed to the full Board of Supervisors for final action.

Next steps: The resolution will go to the full Board; staff and the foundation are expected to reconcile the differing gift figures and the controller27s office will verify any final agreement terms before the full Board vote.