In 1960, The Irvine Company sold 1,000 acres (400 ha) of the Irvine Ranch to the University of California for one dollar, since company policy prohibited the donation of property to a public entity.
在1960年，The Irvine Company以一美元的價格向爾灣加州大學出售了1000英畝土地，因爲一項公司政策禁止向公共實體捐贈資產。