Felicia and Ben Horowitz give $150 million to name Nevada's first stand-alone children's hospital

Felicia and Ben Horowitz have given $150 million to Intermountain Health for Nevada's first stand-alone children's hospital, which will carry their names, the Intermountain Foundation announced on October 23. The health system called it one of the largest gifts ever made to a children's hospital in the United States.

The hospital will be called the Intermountain Health Felicia and Ben Horowitz Children's Hospital. It is planned for the UNLV Harry Reid Research and Technology Park in southwest Las Vegas and is expected to open in 2030, according to the release, which said groundbreaking was expected the following week.

Who are the donors?

Felicia Horowitz is president of the Horowitz Family Foundation and co-founder and president of The Paid in Full Foundation, according to Intermountain. Ben Horowitz is co-founder and general partner of the venture capital firm Andreessen Horowitz, known as a16z.

"At the heart of this gift are children and families," Felicia Horowitz said in the announcement. "Every parent wants to know that when their child needs care, the very best people and resources are there for them."

What will the gift pay for?

Intermountain said the money will help recruit pediatric providers, expand behavioral health and specialized pediatric care, support research and improve access to care. The release did not give a total project cost, a bed count or a campaign goal.

Earlier figures give a sense of scale. When Intermountain announced the project in October 2024, Fox5 Las Vegas reported an estimated $1 billion construction cost, citing a report by the consulting firm Umbach, and a 150-bed hospital; neither figure has been updated publicly since. In its October 6, 2026, announcement of the Canarelli gift, Intermountain said the inpatient tower will have 180 beds, expandable to 228.

"This gift propels pediatric care in Nevada 10 to 15 years into the future," said David Flood, chief development officer of Intermountain Health and president of the Intermountain Foundation, in the release.

How does it fit the campaign?

The gift is part of the Nevada Campaign for Kids, chaired by Bill Hornbuckle, CEO of MGM Resorts International, and Wendy Hornbuckle. It follows several earlier pledges that the release did not itemize. The best known is the $50 million from Larry and Heidi Canarelli, announced October 6, which will name the inpatient tower.

The project is meant to fill a gap. Fox5 reported in October 2024 that Nevada had 271 pediatricians for about 640,000 children and that Southern Nevada was the largest metropolitan region in the country without a stand-alone children's hospital.

What other capital campaigns can learn

In our view, the sequence is the lesson. Intermountain secured a $50 million gift for a named tower first and then a $150 million gift for the building itself, three weeks apart and just before groundbreaking. Lining up the top naming gifts before a public milestone gives later donors proof that the project is already funded at the top.

The open questions for donors are the ones the release left out: the total cost, how much of it the campaign must raise, and how much is already pledged. Organizations planning their own campaigns can publish those three figures early; it makes it easier for mid-level donors to see what their gift completes.