The University of Central Florida has received $12.5 million and 50 acres of land valued at more than $8 million from the Tavistock Group, a private investment company, to establish the UCF Healthcare Campus at Lake Nona. The $12.5 million challenge grant is expected to generate matching funds from the community. The $25 million sum would in turn be eligible for matching state funds. If the challenge is met, the gift, including the land value, could result in a total of more than $58 million that would be used to develop the new campus.
Winston-Salem State University (N.C.) received $1.25 million from the R.J. Reynolds Foundation to create a new scholarship fund and endow a new professorship.
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