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Tench and Simone Coxe Give $100 Million to Speed UT Austin Medical Center

The unrestricted gift will accelerate UT Austin’s push toward a single-campus academic medical center slated for 2029–2030.

Overview

  • The $100 million donation will accelerate an academic medical center that links Dell Medical School with an expanded UT MD Anderson presence and a new specialty hospital.
  • University leaders say the unrestricted funds can support recruiting top clinicians and scientists, investing in technology, expanding access programs and building clinical facilities.
  • UT describes the project as a $2.5 billion effort, with the Erwin Center site now cleared and a 2029–2030 opening targeted for a unified campus.
  • The university has affirmed that the MD Anderson hospital and the UT specialty hospital will be located together on one campus as site planning continues.
  • Tench and Simone Coxe, whose wealth stems largely from Nvidia investments and who co-own Austin FC, said they aim to expand local specialty care and went public with the gift to encourage additional philanthropy.