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| by Matthew Simmons |
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Michael Dell, who started selling computers from his dorm room at college, has managed to redefine an industry. Today, with a personal net worth of close to $20 billion, his new mission is to transform the lives of children living in urban poverty through better health and education. The Michael & Susan Dell Foundation was established in 1999 and has an endowment that has grown to more than $1 billion. The gift was inspired by the Dells passion for supporting children’s causes, particularly for those living in urban poverty. Initially the foundation focused on improving education and children’s health in its home base of Central Texas; but soon expanded globally. To date, the Michael & Susan Dell Foundation has committed almost $450 million to assist nonprofit organizations working in major urban communities in the United States and India.
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