The University of Texas at Austin has just announced that it has exceeded its target of raising $3 billion for its 8-year Campaign for Texas, thanks to the generosity of the LIVESTRONG Foundation’s donation to the Dell Medical School worth $50 million — the largest donation that the foundation has made since the exit of its founder Lance Armstrong in 2012. This donation will be spent on the founding of the LIVESTRONG Cancer Institutes, a new initiative in partnership with fighters and survivors of cancer aimed towards discovering and advancing novel approaches to education and research.
UT Austin’s President, Bill Powers, said that the LIVESTRONG Cancer Institutes will only strengthen the Dell Medical School’s mission to make patient-centered healthcare its primary focus, ever since its conception 17 years ago. He is very grateful for the support LIVESTRONG has shown and is already looking forward to laying the groundwork for the cancer institute, which he predicts has the potential to bring about revolutionary contributions to the field of cancer care.
The goal to establish a medical school with a widely-recognized global standard in the Central Texas region takes a leap forward with LIVESTRONG Foundation’s gift, further emphasizing the groundbreaking innovations Dell Medical School will be endeavoring to promote. The school was established after the people of Travis County voted for an increase on their property taxes — partially to back the school and help make the city of Austin known for the quality of its cancer care. The medical school will be welcoming its pilot batch of enrollees in 2016, during the summer.
It is through the Campaign for Texas that UT Austin was able to cultivate and give recognition to student successes and expand on its position as a leader in public research universities in the country. The total of more than $3 billion sets a record as the most a higher education institution in the state of Texas has ever raised, and ranks as one of the biggest totals raised by a public university in the whole country. The Campaign for Texas comes to a close this August 31.
Bill Powers formally announced the LIVESTRONG Foundation gift at a press conference on August 19 in the Lee Hage Jamail Academic Room (Main 212) in UT Austin’s Main Building.