Jacksonville-based CSX announced July 25 a $10 million contribution to the University of Florida to support a proposed health and financial technology graduate center in or near Downtown Jacksonville.

The charitable investment will be distributed over five years and solidifies CSX as the leading private funding partner of the project, according to a news release.

“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,” Joe Hinrichs, CSX president and chief executive officer, said in the release.

Read the rest of this story at the Jacksonville Daily Record, a Jacksonville Today news partner.