Penn State and UT Austin Receive Historic Philanthropic Gifts Totaling $150 Million

Penn State Health receives $50 million from Tom Golisano for children's hospital while UT Austin secures $100 million from Tench and Simone Coxe for new medical center, marking historic donations for both universities.

Two major American universities are celebrating transformative donations that will reshape their health care and academic missions. Penn State Health received a $50 million contribution from philanthropist Tom Golisano, while the University of Texas at Austin secured a $100 million gift from Austin residents Tench and Simone Coxe.

Penn State's Golisano Children's Hospital Gift