AUSTIN, Texas –The Seton Fund has received a $100,000 donation from Wells Fargo to help fund construction of Dell Seton Medical Center at The University of Texas. The check presentation was part of a “topping out” celebration for Seton’s new teaching hospital that will open in spring 2017.
“We are excited that Austin is getting a new high caliber medical center that it deserves,” Wells Fargo Community Banking President Mark Curry said. “Wells Fargo is proud to support organizations working to strengthen communities by addressing vital community needs and issues, such as human services, education and community development.”
Dell Seton Medical Center at UT, which broke ground in August 2014, will anchor a new downtown medical innovation district and serve as the primary training site for students at The University of Texas at Austin’s Dell Medical School. 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 more doctors and specialized care locally and transforms health care 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 Medical Center at UT, 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.
“With this donation to help build the new teaching hospital, Wells Fargo has stepped forward as a champion for this community by supporting outstanding medical care for generations to come,” Charley Scarborough, executive director of the $50 million capital campaign, said. “The Seton Fund is grateful for Wells Fargo’s generosity and vision for our community.”
Thanks to a generous matching challenge grant to the campaign by the Michael & Susan Dell Foundation, Wells Fargo’s $100,000 gift will be doubled to $200,000. Learn more about the capital campaign to build and equip Dell Seton Medical Center at UT.