IBC Bank Donates $100K to Future Hospital

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IBC Bank checkDell Ascension Seton Medical Center at The University of Texas gets closer to community support goal

Ascension Seton Fund has received a $100,000 donation from IBC Bank to support Dell Ascension Seton Medical Center at The University of Texas, Seton’s new teaching hospital set to open in May 2017.

“At IBC Bank, we share the vision with Dell Ascension Seton Medical Center at The University of Texas for the future of health care in Austin,” Robert Barnes, president and CEO of IBC Bank-Austin, said.

“Our commitment to ‘Do More’ aligns perfectly with the future-focused teaching hospital that delivers the best in service and leaves no one behind. Building a new teaching hospital like Dell Ascension Seton takes great effort and community commitment. IBC Bank is very proud to support this new teaching hospital that will serve the people of Austin and surrounding areas,” Barnes said.

Garnering support for Austin’s downtown health district

Dell Ascension Seton will anchor a new downtown health 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, will be part of a safety-net system, provide for more doctors and specialized care, and discover new treatments. It will also be the new home for the region’s only adult Level I Trauma Center, the highest level of emergency medicine in the nation.

Ascension Seton Fund is grateful for the charitable leadership of IBC Bank,” said Charley Scarborough, executive director of development, Dell Ascension Seton. “This generous gift will be invaluable in helping Ascension Seton build a new modern teaching hospital. It’s vital to the creation of a new model of care that improves services for our growing population, including the poor and vulnerable.”

Community members unite to build new teaching hospital

Ascension Seton is part of Ascension, the nation’s largest Catholic and largest non-profit health system. Ascension and Ascension Seton are investing $255 million to build Dell Ascension Seton Medical Center at UT, which is expected to cost $305 million.

Ascension 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.

Thanks to a generous matching grant given by the Michael & Susan Dell Foundation, IBC Bank’s $100,000 gift will be matched dollar for dollar – along with all gifts up to the completion of the campaign. Learn more about the capital campaign to build and equip Dell Seton.