Austin couple gives $100M for UT, MD Anderson medical center
KUT • • business
Key Points:
- Austin residents Tench and Simone Coxe have donated $100 million to the University of Texas at Austin’s planned academic medical center, marking one of the largest gifts in the university's history.
- The new medical center will feature a hospital specializing in complex conditions and include a location of the MD Anderson Cancer Center.
- The Coxes were motivated by personal experiences with cancer care and aim to help establish UT as a leading medical center benefiting the community.
- The donation is unrestricted and will support the project regardless of the final site selection, which is still under consideration between downtown Austin and a location near the Domain.
- The medical center project, supported by UT leadership and the Coxes, is anticipated to be completed by 2030
