In 1906 the devastating fire following the San Francisco earthquake destroyed the Mark Hopkins Institute of Art building , and the CSD and SFAA facilities , records and art collection . At the time , the replacement value of the building and its contents was estimated at $ 2,573,000 . However , the combined amount of numerous insurance policies yielded less than $ 100,000 for rebuilding . Nevertheless , within a year , the SFAA built a new but comparatively modest campus in the same location , and adopted the name '' ' San Francisco Institute of Art '' '
San Francisco earthquake
1906 San Francisco earthquake
San Francisco Art Institute