User:Sir. Somerset/draftingtable/IrwinJacobs

Philanthropy

As the co-founder and chairman of Qualcomm, Irwin M. Jacobs has had the opportunity to contribute hundreds of millions of dollars to the field of education through generous donations and grants to several schools and organizations. His donations have gone mostly towards fellowships and scholarships for deserving students in the fields of engineering and computer science, as well as the arts, and are focused in the San Diego area.

As of September of 2009, Jacobs had donated a total of $31 million to his post graduate degrees school the Massachusetts Institute of Technology. He had donated $15 million and another $110 million to the University of California at San Diego where he was a professor of computer science and engineering for several years. Additionally he has donated $62 million total to the American Society for Technion, his alma mater Cornell University, KPBS Radio and Television, and San Diego Natural History Museum.

Irwin Jacobs has pledged $120 million for the San Diego Symphony, a similar amount for the Jacobs School of Engineering at the University of California San Diego, $75 million for UCSD's future specialty hospital and $20 million to replace the central library in downtown San Diego. Also in 2005 the Joan and Irwin Jacobs Center for La Jolla Playhouse was named after Jacobs and his wife in honor of their philanthropic contributions towards the institution's development.

In August of 2010, Irwin and Joan Jacobs joined the Giving Pledge, pledging to give away most of their fortune to philanthropy. Joining a group of around 40 U.S. The Giving Pledge consists of around 40 U.S. Billionaires who have agreed to pledge 50 percent or more of their wealth to philanthropic causes. As of 2010, 50 percent of Jacob's wealth would equal $600 million. As part of the pledge, the Jacob's will choose which unique set of charities they would like to donate at least 50 percent of their estate to.