Michael and Susan Dell Pledge $750 Million to Build a Life Sciences Hub

Michael and Susan Dell Pledge $750 Million to Build a Life Sciences Hub

Chronicle of Philanthropy business

Key Points:

  • Michael and Susan Dell are donating approximately $750 million to the University of Texas at Austin to establish the UT Dell Campus for Advanced Research, the UT Dell Medical Center, and to support scholarships, student housing, and the Advanced Computing Center.
  • The new campus will integrate research, computing, and clinical care, with the Dell Medical Center focusing on technology, data, and AI-driven patient care, and is expected to open in 2030.
  • The donation brings the Dells' total contributions to their alma mater to $1 billion, reflecting their long-standing philanthropic relationship with the university.
  • The couple’s philanthropy extends beyond UT Austin, including significant donations to Mercy Ships, the Rebuild Texas Fund, and a $6.25 billion pledge to support investment accounts for children in low- and middle-income families.
  • Their latest gift is made through the Michael and Susan Dell Foundation, which focuses on economic mobility, health, and urban education, highlighting their commitment to broad social impact.

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