Conrad Prebys

Conrad T. Prebys

Conrad Prebys (August 20, 1933 – July 24, 2016) was a property developer and philanthropist based in San Diego, California.[1][2]

Prebys was born in South Bend, Indiana, and graduated from Indiana University.[1][3] He moved to San Diego in 1965 and co-founded Progress Construction. He bought out his partner in 1980. Over the years, Prebys shifted his focus from construction to property ownership. As of 2015 he owned 81 properties in the greater San Diego area and had an estimated net worth of approximately $1 billion USD.[3]

Prebys owned many apartment buildings, which provided housing for thousands of families with children. His concern for the well-being of these children resulted in his support of local Boys & Girls Clubs, where these children participate in educational and recreational activities and receive guidance from caring adults. In appreciation for his generous contributions, Boys & Girls Club facilities in Escondido,[4] Ramona[5] and Santee[6] were named in his honor.

Philanthropy

Prebys was a prolific philanthropist, and made major donations to biomedical research, higher education, and public broadcasting.[7][8] His donations helped to underwrite the Conrad Prebys Music Center at the University of California, San Diego and the La Jolla-based Sanford Burnham Prebys Medical Discovery Institute, a nonprofit medical research institute.[9] Other major donations went to PBS's Masterpiece, the San Diego Zoo, San Diego State University, Indiana University,[10] the Salk Institute, and Scripps Health.

Conrad Prebys Santee Clubhouse ribbon-cutting.

In December 2004, just prior to Christmas (his favorite time of year); Conrad Prebys made his first philanthropic gift of $1 million to build the Conrad Prebys Clubhouse in Santee and transform the Boys & Girls Clubs of East County into a premier youth-serving organization. His financial support of the organization enabled the organization to grow in quality and scope of service for the next twenty plus years. Thanks to his largess, more children are coming to state-of-the-art facilities in some of East County's neediest neighborhoods. The result is a population of children who are positively motivated, physically fit and receiving better grades at school.

Prebys was a good friend and wonderful donor to KPBS and to the Masterpiece Trust. His enthusiasm for great drama and love for film and shows that bring out the depth of the human spirit were important to him. He was happy to know that he was making a difference in the kind of quality programming on television that inspires and tells the stories of human history and informs us about our local region. He gave $4.5M to Masterpiece and KPBS since 2012. He once said, "KPBS is like an old friend, a good friend." Conrad and Debbie Turner's support was announced weekly on KPBS and the Masterpiece national broadcast, home of the Emmy Award-winning British drama series: "Downton Abbey".

Conrad Prebys Aztec Student Center

In support of San Diego State University (SDSU), Prebys donated $20 million[11] to create endowed scholarships that now support costs of attendance for at least 150 students per year. Recipients of Prebys' scholarship funds include those pursuing bio-medical research, those practicing the creative and performing arts, those inducted into the Guardian Scholars and SDSU Honors programs, and those studying entrepreneurship and leadership. At the time, his was the single largest gift ever made to San Diego State University. The SDSU campus also recently named its student union the Conrad Prebys Aztec Student Union[12] in his honor.

In the summer of 2014, Prebys donated $25 million to the Salk Institute for Biological Studies, to fund "cutting-edge biological research on a wide range of diseases.[13]" His gift was the institute's largest, enabling its researchers to pursue breakthrough medical therapies.

Left to Right:T. Denny Sanford, Conrad Prebys, Malin Burnham

Prebys gave his all-time largest gift of $100 million to the Sanford-Burnham Medical Research Institute in June 2015, to support its 10-year strategic vision to develop and implement innovative medical treatments that can have lasting, positive effects on the field of healthcare. The gift resulted in the renaming of the institute, which is now known as the Sanford Burnham Prebys Medical Discovery Institute.

In October 2015, Prebys donated $20 million to the Indiana University Kelley School of Business[14] to fund the construction of a new campus amphitheater and the Kelley School of Business Conrad Prebys Career Services Center,[15] which began construction in summer 2015. He visited the campus shortly after the gift was made public, where he was greeted with a warm welcome by students, faculty, and Kelley School of Business dean Idie Kesner. Many of the school's students created posters and cards to thank Prebys for his generosity and philanthropic vision for the forthcoming career services center that will bear his name.

Conrad Prebys (front row, 2nd from R) in Theta Alpha Phi (1953).

Education

Prebys graduated with distinction from Indiana University's Kelley School of Business in 1955 with a bachelor's degree in business.

During his time as a student at Indiana University, Prebys was an active member in many student organizations including Delta Upsilon fraternity, Indiana University's Playbill theater group, the Scabbard and Blade Club, the Army ROTC, and Theta Alpha Phi - the national Theatre Honors Fraternity.

In June 2015 Prebys was awarded an honorary Doctor of Humane Letters from San Diego State University's College of Business Administration.

References

  1. 1 2 Sisson, Paul (July 25, 2016). "Philanthropist Conrad Prebys dies of cancer". www.sandiegouniontribune.com. San Diego Union-Tribune. Retrieved 2016-07-25.
  2. ↑ Hirsh, Lou (July 25, 2016). "Prominent San Diego Philanthropist Conrad Prebys Dies". San Diego Business Journal. Retrieved 31 July 2016.
  3. 1 2 Dolan, Kerry A. (April 15, 2015). "California Dreamer: San Diego Real Estate Titan Conrad Prebys Joins The Billionaire Ranks". www.forbes.com. Forbes. Retrieved 2016-07-25.
  4. ↑ "BGCGSD Prebys Escondido Branch". www.sdyouth.org. Retrieved 2016-10-06.
  5. ↑ "Ramona Boys and Girls Club Renamed to Honor Conrad Prebys - Times of San Diego". Times of San Diego. 2015-08-05. Retrieved 2016-10-06.
  6. ↑ "Santee Clubhouse | Boys & Girls Clubs fo East County". bgcec.org. Retrieved 2016-10-06.
  7. ↑ Savchuk, Katia (June 24, 2015). "San Diego Real Estate Billionaire Conrad Prebys Donates $100M For Medical Research". www.forbes.com. Forbes. Retrieved 2016-07-25.
  8. ↑ Dhiraj, Amarendra Bhushan (April 16, 2015). "San Diego-Based Real Estate Tycoon Conrad T. Prebys Is Now A Billionaire". ceoworld.biz. CEOWORLD magazine. Retrieved 2016-07-25.
  9. ↑ Bell, Diane (June 24, 2015). "Conrad Prebys finds joy in living, giving". www.sandiegouniontribune.com. San Diego Union-Tribune. Retrieved 2016-07-25.
  10. ↑ Newsroom, IU Bloomington. "Alumnus Conrad Prebys donates $20M to benefit IU's Kelley School of Business, fund new amphitheater". Retrieved 2016-10-06.
  11. ↑ SDSUVideo (2014-02-05), Conrad Prebys Makes a $20 Million Gift to SDSU, retrieved 2016-10-06
  12. ↑ University, Associated Students of San Diego State. "San Diego State University". as.sdsu.edu. Retrieved 2016-10-06.
  13. ↑ "Conrad T. Prebys gives $25 million to Salk Institute to support scientific research - Salk Institute for Biological Studies". Retrieved 2016-10-06.
  14. ↑ Newsroom, IU Bloomington. "Alumnus Conrad Prebys donates $20M to benefit IU's Kelley School of Business, fund new amphitheater". IU Bloomington Newsroom. Retrieved 2016-10-06.
  15. ↑ Newsroom, IU Bloomington. "Career services center at IU's Kelley School to be named for alumnus Conrad Prebys". IU Bloomington Newsroom. Retrieved 2016-10-06.
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