A $5 billion pediatric hospital being built by Children's Health and UT Southwestern Medical Center has landed a nine-figure grant from Frances Moody-Dahlberg and the Moody Foundation. The 4.7 million-square-foot campus will replace the Children’s Medical Center in Dallas.
The grant is the foundation's largest gift to date and will help fund the hospital, a facility designed to meet the rising demand for pediatric healthcare and research. Upon its completion in 2031, the hospital at the new Dallas pediatric campus will be named the Moody Children's Hospital, officials said.
Moody-Dahlberg is president and CEO of the Moody Foundation. The hospital, Moody-Dahlberg said, will represent the shared vision of the foundation, Children's Health and UT Southwestern.
William Lewis Moody, Jr. and his wife, Libbie Rice Shearn Moody, launched the foundation in 1942. The couple owned hotels, banks, newspapers, insurance companies and ranches. Rice University recently started construction on the Moody Center Complex for Student Life. The foundation donated $100 million toward that project.
“The Foundation’s commitment to advancing our new pediatric campus will have a lasting and meaningful impact on the patients and families we are privileged to serve," UT Southwestern Medical Center President Daniel Podolsky said in a statement.