CSX Commits $10 Million Donation to the University of Florida Graduate Center Project in Jacksonville
25 Julho 2023 - 11:07AM
CSX (NASDAQ: CSX), one of Jacksonville’s largest employers, today
announced a landmark $10 million contribution to the University of
Florida (UF) to support the future graduate center, which is poised
to redefine the landscape of downtown Jacksonville. The charitable
investment will be distributed over five years and solidifies CSX
as the leading private funding partner of this transformational
project.
“We are proud to partner with the University of Florida and the
City of Jacksonville on this ambitious project to establish a
world-class graduate center in the city’s urban core,” said Joe
Hinrichs, CSX president and chief executive officer. “Investing in
education is an investment in the future, and we believe this
contribution will have a lasting impact on the region by fostering
innovation, economic development, and creating bold new
opportunities. This project will yield countless benefits for our
community, including an influx of top-talent, which will help shape
the future of Northeast Florida for generations to come."
Earlier this year, the University of Florida and local city
leaders announced a partnership to explore creating a new graduate
center in Jacksonville. This graduate center will create a space in
Jacksonville that will shape the state’s future workforce and build
a pathway for high-skilled, high-tech employees.
“Gator Nation is excited and grateful to be engaged in this work
with our extraordinary state, local, and philanthropic partners,”
UF President Ben Sasse said. “We’re putting our shoulder to the
wheel and pushing hard in the same direction to create a space in
Jacksonville that will shape the state’s future workforce and build
a pathway to prepare the high-skilled, high-tech employees of
tomorrow. UF is ready for the next phase of this work and to lead
the way toward making this shared vision a reality.”
Service is a guiding principle for CSX, as evidenced through the
company’s commitment to its customers, current and future
employees, and the communities where it operates. CSX’s signature
philanthropic initiative, Pride in Service, supports hundreds of
thousands of military, veteran and first responder service members
across 26 states, while also representing the pride the company
takes in serving its own local community. Supporting the economic
growth and educational advancement of Jacksonville is a natural
extension of this mission.
“Jacksonville is a city on the move, and my administration is
honored to continue to build on that momentum with one of the best
public universities in the nation,” said Jacksonville Mayor Donna
Deegan. “We are excited to continue the work of the previous
administration that invited UF to expand its presence here in
Jacksonville, and we know there are numerous ways this center will
support and bolster our city’s strengths in fintech, health care
innovation, and other key industries. It’s a new day in
Jacksonville, and both UF and vital partners like CSX will be a
critical part of our important work to make Jacksonville a
technology and innovation hub.”
This historic $10 million donation showcases CSX's commitment to
Jacksonville and is a key component in a public-private partnership
that includes support from Gov. Ron DeSantis, the Florida State
Legislature, and other Northeast Florida civic, community and
industry leaders. The proposed center received $75 million in the
state’s 2023-2024 budget signed into law June 15 by Gov. DeSantis.
The state’s contribution has been amplified by a $50 million pledge
from the City of Jacksonville and $62.5 million in gifts from key
industry and philanthropic supporters from across the region. By
providing significant financial support to this transformative
graduate center, CSX exemplifies its role as a corporate leader and
catalyst for progress.
The university is moving forward with raising funds for the
center’s next phase, which will include project development,
potential site selection and programmatic evaluation. Mori
Hosseini, chair of the UF Board of Trustees, said the university
community is excited about the support of CSX, Gov. DeSantis, the
Florida Legislature, and community leaders across the First Coast
and looks forward to a rewarding partnership that will address
critical statewide workforce demand.
“UF is ready for the next phase of this work and to lead the way
toward making this shared vision a reality,” Hosseini said. “On
behalf of the entire UF community, we are grateful to CSX and all
those who are helping us advance this impactful and innovative
opportunity in Northeast Florida. Our vision for this center is to
leverage UF’s strengths in professional development and graduate
education to future-proof Florida’s workforce. We are thrilled to
partner with the State of Florida, the City of Jacksonville, and
pioneering companies like CSX to bring this to life.”
About CSXCSX, based in Jacksonville, Florida,
is a premier transportation company. It provides rail, intermodal,
and rail-to-truck transload services and solutions to customers
across a broad array of markets, including energy, industrial,
construction, agricultural, and consumer products. For nearly 200
years, CSX has played a critical role in the nation’s economic
expansion and industrial development. Its network connects every
major metropolitan area in the eastern United States, where nearly
two-thirds of the nation’s population resides. It also links more
than 230 short-line railroads and more than 70 ocean, river, and
lake ports with major population centers and farming towns alike.
More information about CSX Corp. and its subsidiaries is available
at www.csx.com. Like us on Facebook
(http://facebook.com/OfficialCSX) and follow us on Twitter
(http://twitter.com/CSX).
About the University of FloridaThe University
of Florida attracts the best and brightest students, staff and
faculty, places them together and connects them with world-class
resources to spark extraordinary discoveries and innovations. UF’s
momentum is reflected in the university’s designation as a top-five
public university by U.S. News & World Report. Artificial
intelligence is a centerpiece at UF, spanning all disciplines so
that every student has the opportunity to acquire competence and
expertise in AI. The University of Florida is a place where
limitless potential meets boundless opportunity through teaching,
research, scholarship and service to the state, the nation, and the
world.
Working on a story and still need help? You can reach us
at 850-323-0353 or news@ufl.edu, and we will respond promptly.
You can find an expert for your next story here.
Contact:Bryan Tucker, Corporate
Communications 855-955-6397
Nicole Yucht, UF Advancement Communications352-316-4991
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