UB president Satish K. Tripathi serves on the AAU board of directors. Started in 2004 under President John B. Simpson, UB 2020 is a strategic planning initiative to develop and implement a vision for the university over the next 15 years. The centerpiece of UB 2020 is to add about 10,000 more students, 750 faculty members and 600 staff, increasing the size of the university by about 40 percent. UB 2020 also recognizes the university's contribution to the surrounding region. The most recent estimates of UB's impact on the local and regional economies of Western New York report approximately $1.7 billion are brought into the local economy from the presence of UB. This figure is also expected to rise by 40 percent, corresponding with UB's institutional growth. One of the keys to helping UB achieve the goals of the UB 2020 plan, proponents say, is the passage of S2020 and A2020 known as the UB 2020 Flexibility and Economic Growth Act, by the New York State Legislature. On June 3, 2009, the State Senate passed S2020 and sent the bill to the Assembly for their consideration. The current president, Satish K. Tripathi, has continued his vocal support of UB 2020 and has been actively engaging in campus-wide discussion on the proposed tuition increases introduced by the bill. In 2011, the School of Medicine and Biomedical Sciences received an anonymous donation of $40 million from an alumnus who had graduated from the university during World War II. The donation will contribute to the $375 million project which will relocate the School of Medicine and Biomedical Sciences to UB's downtown campus. The new school will be designed by HOK Architects. From FY2011 to FY2012, UB had spent over $300 million on the strategic plan to construct and open four new buildings, including Davis Hall, William R. Greiner Residence Hall, the Clinical and Translational Research Center and Kaleida Health medical research building, and Crossroads Culinary Center. On August 22, 2013, President Barack Obama came to UB's campus to give a speech about needed higher education reform in the country. President Obama highlighted UB's accolades and specifically chose Buffalo for its excellence and commitment to the future, graduation rates and retention, and quality education at an affordable price. As of 2015 the UB 2020 initiative, Heart of the Campus will be implemented on each of UB's three campuses in phases. The new school of medicine is also being constructed with additional funding from the NYSUNY 2020 legislation and from a donation of $30 million.