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January 31, 2013

Computer Mogul Dell Gives $60-Million for Health Care in Texas

The Michael & Susan Dell Foundation announced $60-million in pledges Wednesday for improving health care in central Texas, including $50-million for a new medical school at the University of Texas, the Austin American-Statesman writes.

University officials expect to open what will be called the Dell Medical School in 2015 or '16. The additional $10-million will support community-based programs to improve access to and quality of health care in the region.

The gifts bring to $150-million the foundation's contribution to medical efforts in central Texas and to more than $100-million its donations to the Austin campus. Mr. Dell dropped out of the university in 1984 and began selling computers out of his apartment, a precursor to his founding of Dell, the world's third-largest maker of personal computers.