[Box/folder# or item name], Southern California Building Funds records, Collection no. 0491, California Social Welfare Archives, Special Collections, USC Libraries, University of Southern California
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This capital fund was established at the end of World War II by Southern California business leaders who recognized that the rapidly increasing population of the area could not adequately be served by health and welfare institutions operating in facilities that had already been outgrown and outworn during the Depression and war years. In the 38 years of its existence the fund disbursed over $26 million for construction purposes. Corporate mergers and acquisitions eroded its historic funding base in the 1980s, and when contributions dropped sharply during the business recession of the early 1990s fund members voted to discontinue the program, effective November 1, 1992.