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Tony Elias' Blog

By Tony Elias | Broker in Austin, TX

Dell family foundation to donate $50 million for UT medical school

susan & Michael DellThe Michael & Susan Dell Foundation has pledged to donate $50 million to the University of Texas for a medical school. The annoucement of this donation comes 12 weeks after votes were cast in favor of and passing an increase in property tax in order to build the medical school (to the tune of $35 million). 

The center is appropriately to be named: "The Dell Medical School"

The donation is set to be done at $5 million a year for 10 years. No decision has been made on how the $50 million will be spent. The university and the foundation will decide that together, according to UT president. 

www.eliasandassociatesrealty.com

Comments

By thiagodaluz7,  Thu Apr 25 2013, 08:00
My old Calgary college received a similar donation once. It really changed my education, so I hope UT makes the most of this awesome opportunity. Go Longhorns! http://www.abes.ca/

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