The Seton Fund has received a $100,000 donation from Bank of America to support Dell Seton Medical Center at The University of Texas, Seton’s new teaching hospital set to open in Spring 2017.
“We believe in the catalyzing effect of the new medical center on the Central Texas region,” said Nikki Graham, Austin President, Bank of America. “Not only will Dell Seton drive economic growth for the region, but it will also allow Seton to continue its mission to improve the health of the community, especially to those most in need. Seton has been a valuable partner to Austin and to Bank of America for many years. Our support of Seton is an investment in Austin’s future.”
Dell Seton, which broke ground in August 2014, will anchor a new downtown medical district and serve as the primary training site for students at Dell Medical School at The University of Texas at Austin. The new hospital, in partnership with the medical school and Central Health, Travis County’s health care district, will be part of a safety-net system that provides for more doctors and specialized care and transforms healthcare delivery in Central Texas.
Seton is part of Ascension, the nation’s largest Catholic and largest non-profit health system. Ascension and Seton are investing $245 million to build Dell Seton, which is expected to cost $295 million.
The Seton Fund, with help from community leader fundraising volunteers, is spearheading the effort to raise the other $50 million from the community – one of the largest goals for a single, nongovernmental building campaign in Austin’s history.
“The Seton Fund is grateful for the charitable leadership and generosity of Bank of America,” said Charley Scarborough, executive director of the $50 million capital campaign for Dell Seton. “This gift is a meaningful contribution to improve the future of medical care in this community we all love.”
Thanks to a generous matching challenge grant to the campaign by the Michael & Susan Dell Foundation, Bank of America’s $100,000 gift will be doubled to $200,000. Learn more about the capital campaign to build and equip Dell Seton.