Jacksonville Daily Record 11/25/22

Page 1

NOVEMBER 25 TO NOVEMBER 30, 2022 | JAXDAILYRECORD.COM

BUSINESS & LEGAL NEWS IN BAKER, CLAY, DUVAL, NASSAU AND ST. JOHNS COUNTIES

FOCUS ON PHILANTHROPY

OPPORTUNITY FOR EVERYONE

INSIDE

INDUSTRIAL

IKO Industries may bring $219 million plant to Clay PAGE 3

REAL ESTATE

Area rents stabilizing as more more units arrive PAGE 8

Special to the Daily Record

From left, Jared Rice, The Players Championship executive director; Dr. Larry Moss, president and CEO of Nemours Children’s Health Jacksonville; and Matthew Welch, The Players 2022 chairman. The tournament donated $2 million to Nemours on Oct. 21. It was the largest single charitable contribution in the tournament’s history. The Players has donated more than $100 million to charitable organizations in Northeast Florida since 1974.

Local charitable organizations are adjusting to changes and planning for the future. BY MAX MARBUT ASSOCIATE EDITOR

T

here are levels of philanthropy. Perhaps the most common perception of philanthropy is when a wealthy person or a corporation donates a substantial sum of money to create a new community service program or put their name on a hospital wing. There’s more to it than that. Making a modest financial contribution also is philanthropy. Spending a few hours sorting cans and boxes at a food bank, stuffing backpacks for students in low-income neighborhoods or

LIMITED TIME OFFER

SAVE 50

%

ON DELIVERY! CALL TODAY 877-231-8834 www.jaxdailyrecord.com/special-offer

Promo Code: R806JCC

donating clothing to a thrift store run by a nonprofit counts, too. On all levels, philanthropy is a way for people to contribute some of their resources in a way to sustain or improve the quality of life in the community through support of charitable causes. “Every gift – regardless of size – makes a difference,” said Melanie Patz, CEO of United Way of Northeast Florida.

INSIDE

A SECTOR IN RECOVERY

Challenges that began in early 2020 because of the global pandemic kept people from volunteering and also negatively affected financial

THE MATHIS REPORT

Lofts at San Marco East apartments in review

Carla Harris, senior client adviser at Morgan Stanley, who was chair of that organization’s foundation for nine years, shares her knowledge in new book. Page 4

REAL ESTATE

Study finds community support for philanthropy. Page 7

Waterfront two-story home in Queen’s Harbour Yacht & Country Club sold for $2.63 million. PAGE 9

PAGE 10 Top 10 home sales of the week

SEE GIVING, PAGE 6

THE BASCH REPORT

GOVERNMENT

Paysafe planning reverse stock split to boost price

Details on Paysafe incentives deal

Paysafe Ltd., the financial technology company that plans to open a North American headquarters in Jacksonville, is trying to rebuild investor confidence. PAGE 12

The Jacksonville City Council is expected to introduce legislation that would award $10.1 million in cash grants. PAGE 13

VOLUME 110, NO. 2 | TWO SECTIONS | PUBLISHED SINCE 1912


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.
Jacksonville Daily Record 11/25/22 by Daily Record & Observer LLC - Issuu