That puts UCF at $13 million in community support, according to a press release, which is $7 million short of the $20 million the university projected it needed. Monday’s $2.5 million donation included:
– $1 million from Creative Village Development, LLC
– $500,000 from Orlando philanthropist Alan Ginsburg
– $300,000 from Orlando City Soccer Club
– $250,000 from CNL Financial Group
– $250,000 from two Universal Orlando entities
– $100,000 from Dr. Bruce Douglas of Winter Park
– $100,000 from Coca-Cola
“Many of our community partners have responded generously to our request for $20 million in philanthropy supporting UCF Downtown,” says UCF President John C. Hitt in a statement. “We appreciate our community’s strong commitment as we look forward to making our case for a downtown campus to the Board of Governors.”
After Florida Gov. Rick Scott vetoed UCF’s request for $60 million in state funding, the university looked for funding from government agencies and the private sector. The state has agreed to provide $20 million in funding, with UCF contributing $20 million from its own pockets.
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This article appears in Feb 24 – Mar 1, 2016.