Jacksonville University

Jacksonville University

Jacksonville University's endowment traces its origins to the school's 1934 founding as a private liberal arts institution in Florida. The fund operates under President Tim Cost, a former corporate executive, with Trustee Chairman John Miller providing governance oversight. Its capital supports scholarships, health sciences programs, professorships, and fellowships across the university's undergraduate through doctoral offerings. The endowment targets buyout, growth, natural resources, and turnaround strategies, though specific fund commitments or direct holdings are not publicly disclosed. The university amplifies its investment footprint through an owned commercial real estate portfolio that includes its 2800 University Boulevard main campus and a downtown law school at 121 West Forsyth Street. Operational partnerships with the Mayo Clinic for nursing education and Delta Air Lines' Propel program for aviation students create workforce pipelines that indirectly diversify revenue streams tied to the endowment. The endowment's physical asset base—including a healthcare simulation center on Beach Boulevard, a Palm Coast instructional site, and an aviation training fleet—adds layers of operating complexity beyond a typical higher-education pool. Philanthropic flows from major donors like Preston Haskell, namesake of the Haskell Public Policy Institute, remain a significant capital source. The endowment's structural differentiation lies in marrying a classic university investment mandate with direct commercial real estate operations and deep corporate-clinical partnerships.