University of West Florida Board of Trustees Full Board Meeting Agenda Packet 2026-04-23
Stephen Wright Commits $500K to UWF Research Institute
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Description
Stephen Wright has executed an amended $500,000 gift agreement with the University of West Florida to support the Wright Family Research Institute for Health and Technology, funded through a multi-year pledge and a Resolution Life Insurance policy. The agreement underpins naming recognition for the institute and establishes a dedicated operational endowment.
Contract Details
Contract Amount
$500,000 (pledge: $150,000 at minimum $10,000 per year for 15 years; remaining balance via Resolution Life Insurance Policy #2007280)
Vendor
WRIGHT, STEPHEN
Agency
The University Of West Florida, FL
Contract Type
FINANCIAL_SERVICES
Document Date
April 23, 2026
Contract Term
15 years from July 1, 2024 for pledged payments; balance via life insurance policy
Renewal Date
2039-07-01
Renewal Info
Gift pledge structured over 15 years from the original July 1, 2024 agreement, with remaining balance funded via a life insurance policy; naming recognition remains contingent on fulfillment of payment obligations per the agreement.
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