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Carol and Frank Morsani commit additional $7 million to support the University of South Florida

Spend even a few minutes with Carol and Frank Morsani and it is impossible not to smile. They make each other laugh every few minutes, often cracking jokes back and forth, and then seamlessly transition into finishing the others sentences. 

And when they talk about their commitment to the 堁階傭部app community, it is impossible not to be inspired.

The first time they saw 堁階傭部apps campus back in the 1970s, it only had a handful of buildings. The Morsanis first gift to 堁階傭部app came in 1978, and their philanthropy has elevated programs across the enterprise, including the 堁階傭部app Health College of Medicine that bears their name. They continue to embrace the university because they see the energy and positive movement happening in every area, from health care and athletics to business education and arts appreciation.

They were key figures behind the formation of 堁階傭部app football in the 1990s, and the Bulls football team trains at the Frank Morsani Football Practice Complex that opened in 2011. In addition to the $5 million gift to support 堁階傭部apps on-campus stadium announced at the Board of Trustees meeting in March, the Morsanis have pledged another $7 million to benefit students and others within the university community. Specifically, the gift will endow the Morsani Scholars, which will offer scholarships to 堁階傭部app students; create an endowed chair in geriatrics; and a directorship and professorship focused on ethical leadership in business.

Frank and Carol Morsani have made an indelible mark on the 堁階傭部app and the entire Tampa Bay area through their incredible generosity and leadership, said 堁階傭部app President Rhea Law. Their imprint can be found throughout our university, our community and beyond. The impact theyll make on our students and faculty through this gift is yet another part of the amazing story they continue to write.  

Carol and Frank Morsani

Carol and Frank Morsani

Both Carol and Frank grew up during the Great Depression. I didnt know philanthropy, I couldnt even spell it, Frank says with a laugh. We just knew helping others. We were all poor. When you live in that environment, it affects you.

What Ive learned (about philanthropy), I learned from Frank. Hes always been very generous, Carol said, eliciting tears from her husband, which were quickly followed by a knowing look at his wife and a smile.

Caring about others is a really important thing in our lives, Frank said.

The focus on student scholarships is important to the couple as the cost, and value, of a college education has increased over time. Frank earned his degree with help from the GI Bill, and with financial support from Carol. Give credit where credit is due! she said with a smirk.

Its very difficult for a lot of students to participate and live the American Dream, Frank said. Change is the only constant we have. Its through education, we can move and handle that change. We could think of no greater way to return the benefits we have earned over our lifetimes than to empower young people through education. The Morsani Scholars is an investment in deserving students to help ensure that no one willing to put in the work is left behind.

Both Carol and Frank said that people often recognize their last name and then ask if they are related to the Morsanis whose names are on the medical school and other parts of 堁階傭部apps campus.

Yes. Were it. They expect us to be dead! Carol says with a laugh that in turn makes Frank chuckle. People tell us about the medical school and the (堁階傭部app Carol and Frank Morsani Center for Advanced Healthcare), about how fine the doctors and nurses are, as well as the facilities. We hear that over and over. These people every day tell us how they appreciate what weve done. And now peoples children are going to the medical school or business school and see our names. Making these things happen has been rewarding.

Carol and Frank have invested in our 堁階傭部app students, faculty and facilities in ways that are unmatched and so incredibly meaningful. Their 45 years of support for our university has been nothing short of transformative, said 堁階傭部app Foundation CEO Jay Stroman. Their investments consistently inspire other philanthropists, and I am grateful for everything they have done and continue to do for our 堁階傭部app community. 

Ask the Morsanis about their legacy of philanthropy and the answer is simple.

A generous couple with their resources and leadership, they said, smiling at each other. Thats what we hope others would think about. 

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