Dell Foundation gifts $38 million to support Central Texas homeless population

The Dell Foundation's $36.6 cardinal acquisition helps MLF rise a important information of its $150 cardinal full goal.

In addition, $1 cardinal of matching funds volition spell to Foundation Communities for the operation of 100 units connected the Burleson spot astatine Community First! Village and $400,000 volition spell to LifeWorks to supply imperishable lodging for younker exiting homelessness.

"As Austin grows, it's much important than ever that we attraction for those astir susceptible successful our communities," said Susan Dell, co-founder and committee seat of the Michael & Susan Dell Foundation, successful the release. "By coming unneurotic arsenic a community, we tin supply those experiencing homelessness successful Central Texas with the dignity they merit done unchangeable lodging and the accidental to acquisition assemblage again."

Founded successful 1998 by Alan Graham, MLF began arsenic motortruck ministry providing nutrient and supplies to Austin's houseless populations. Twenty 3 years later, it offers mobile services 7 days a week, 365 days a twelvemonth and runs the Community First! Village, a 51-acre tiny location vicinity that provides housing, enactment services, and jobs for formerly stateless individuals.

"We judge everyone deserves opportunity," said Michael Dell successful a release. "But it isn't casual to illustration the way to a stronger aboriginal without a unafraid spot to live. With unchangeable lodging and a supportive community, radical tin make a amended future."

With an estimated nett worthy of $51.1 billion, according to Forbes, Michael Dell is the 18th richest American, and 3rd richest Texan down Tesla's Elon Musk and Walmart heir Alice Walton. During the pandemic, it's estimated that Dell's nett worthy soared by $15.6 billion, according to a study from Yahoo.

Forbes besides estimates that Dell has talented $1.8 cardinal successful charitable giving during his lifetime, the bulk of which has been donated done the Dell Foundation, operated by the tech scion and his wife, Susan.