Michael & Susan Dell Foundation Invests $50M to Establish the Dell Medical School at The University of Texas-Austin

  Michael & Susan Dell Foundation Invests $50M to Establish the Dell Medical
                   School at The University of Texas-Austin

- Part of a multi-year, $150 million investment to establish Austin as a
center for excellence in family health -

PR Newswire

AUSTIN, Texas, Jan. 30, 2013

AUSTIN, Texas, Jan. 30, 2013 /PRNewswire/ -- The Michael & Susan Dell
Foundation announced today a new $50 million commitment to establish the Dell
Medical School at The University of Texas at Austin. Additionally, the Dell
family foundation committed another $10 million to Austin and Travis County
community health quality and access programs over the next ten years. Since
its inception in 1999, the foundation has invested nearly $1 billion in health
and education programs around the globe, including $150 million over the past
decade to promote family and childhood health in Central Texas.

"This gift truly saves lives," said UT System Chancellor Francisco G.
Cigarroa. "Investments in medical education, biomedical research, and health
care touch all citizens. Nobody has done more for the people of Central Texas
than Michael and Susan Dell. Their generosity not only benefits UT, it also
lifts up our entire community. "

Gene Powell, Chairman of the UT System Board of Regents added, "Between the
generosity of the Michael & Susan Dell Foundation and the great citizens of
Travis County who voted to transform health care in the community, a powerful
public-private partnership has emerged. Austin is the new beneficiary of
enhanced health care, and countless economic development opportunities."

The Dell Medical School is scheduled to enroll its first class of 50 students
in 2016.

"A medical school at UT-Austin further establishes Central Texas as a center
of excellence for family health and research," said Susan Dell, co-founder and
board chair of the Michael & Susan Dell Foundation. "UT is a world-class
university, and the medical school will be able to attract top talent, advance
medical research and practices, and improve family health for generations to
come."

The Michael & Susan Dell Foundation previously funded $90 million of grants in
the Dell Children's Medical Center of Central Texas, UT Austin's Dell
Pediatric Research Institute, UT's Michael & Susan Dell Center for Healthy
Living, and the Texas Center for the Prevention and Treatment of Childhood
Obesity as well as basic health services like community clinics and health
supports like electronic medical records and mobile health programs.

"No university could ask for better friends than Susan and Michael Dell, whose
generosity has transformed the health care landscape," said UT Austin
president Bill Powers. "The Dells' support has allowed UT Austin to conduct
game-changing medical research and will now allow us to provide game-changing
medical care."

The new medical school will provide community-focused medical services, bring
more medical professionals to Austin and create jobs. It will build on the
world-class scientific research that UT-Austin faculty are conducting in
related disciplines and is expected to attract top faculty and students.
Campus officials are currently seeking accreditation, working on state
approvals, searching for permanent leadership and examining building sites for
the medical school. 

For more information, visit our site at
http://www.msdf.org/Dell-Medical-School.

About the Michael & Susan Dell Foundation
The Michael & Susan Dell Foundation (www.msdf.org) is dedicated to improving
the lives of children living in urban poverty around the world. With offices
in Austin, TX and New Delhi, India, and Cape Town, South Africa, the Dell
family foundation funds programs that foster high-quality public education and
childhood health, and improve the economic stability of families living in
poverty. The foundation has committed more than $915 million (as of January 1,
2013) to global children's issues and community initiatives to date.

EDITOR'S NOTE: The Michael & Susan Dell Foundation is separate and distinct
from Dell Foundation. In any first reference, please use the 'Michael & Susan
Dell Foundation.' For second references, 'the Dell family foundation' may be
used.

About The University of Texas System
Educating students, providing care for patients, conducting groundbreaking
research and serving the needs of Texans and the nation for more than 130
years, The University of Texas System is one of the largest public university
systems in the United States, with nine academic universities and six health
science centers and a fall 2012 enrollment of roughly 216,000. The UT System
confers more than one-third of the state's undergraduate degrees and educates
nearly three-fourths of the state's health care professionals annually. The UT
System has an annual operating budget of $13.9 billion (FY 2013)including
$2.3 billion in sponsored programs funded by federal, state, local and private
sources. With more than 87,000 employees, the UT System is one of the largest
employers in the state.

About The University of Texas at Austin
Founded in 1883, The University of Texas at Austin is among the top ranked
public research universities in the United States. It has more than 50,000
students in 17 colleges and schools. Its faculty has won some of the most
prestigious teaching and research awards, including the Nobel Prize. The
university is also a national leader in higher education innovation and using
new technology to teach students more effectively.

Contacts:
                                The University of Texas at Austin
Michael & Susan Dell Foundation
Meredith Young, Weber Shandwick Gary Susswein
(512)-794-4726                  (512)-471-4945
myoung@webershandwick.com

SOURCE Michael & Susan Dell Foundation

Website: http://www.msdf.org/Dell-Medical-School