The final design for the new MUSC womens and childrens hospital hasnt been approved, but the building, pictured here, will mimic the look of the Ashley River Tower, located next door. Provided

Medical University of South Carolina fundraisers are courting two donors that may offer $25 million pledges for the new womens and childrens hospital.

Jim Fisher, vice president of development and alumni affairs, told the MUSC Board of Trustees on Thursday that his department is working multiple fronts to raise at least $50 million in private funds for the $350 million project.

Two individuals, corporations, foundations have expressed interest in making very large donations, Fisher said. He did not disclose their names.

Will it happen? I dont know, he said.

The board would consider offering naming rights for the new hospital in exchange for a $25 million donation.

To date, MUSC has raised about $15 million for the project, which includes a $5 million Boeing pledge. The new building will be largely paid for with state funds and a federal loan.

It is expected to open on the corner of Calhoun Street and Courtenay Drive by fall 2019.

In other business, the Board of Trustees is expected to approve on Friday tuition increases for the 2015-2016 academic year.

Originally posted here:
MUSC Board considers new hospital donations, tuition increase