FJ Management Donates $3.5 Million to USU, UofU
- Each University Receives $1 Million to Establish New Career Services Centers
- Both Universities will also Receive $750,000 for FJ Management Employee Scholarships
FJ Management, Inc., formerly known as Flying J Inc., today announced that it has donated $3.5 million to be divided between the Jon M. Huntsman School of Business at Utah State University and the David Eccles School of Business at the University of Utah.
Each university will receive $1 million to fund brand new, fully staffed career services centers that will bear the Flying J name. The facilities will provide conference space and staff and will act as a valuable career outreach resource in connecting students with key hiring people at organizations. The universities will also eachreceive an additional $750,000 to be allocated over a 15-year period for undergraduate and graduate scholarships, with preference given to current and former FJ Management employees.
Crystal Call Maggelet, chief executive officer of FJ Management, said the donations were a fulfillment of her late father's vision to help young people. Maggelet's father, Jay Call, founded Flying J Inc. in 1968.
"My father died suddenly at a young age. He was generous every day in small ways but never had much of an opportunity to give back in ways that could help hundreds of students for years to come," Maggelet said. "He started with nothing, but through hard work and determination he built Flying J to become one of North America's largest diesel fuel retailers. This gift will help hundreds of students accomplish their educational dreams. It is my hope that those who receive this scholarship will apply the same spirit of entrepreneurship and independence in their lives that my father demonstrated."
Taylor Randall, dean of the David Eccles School of Business, called the donations significant.
"I applaud FJ Management for its generosity in making higher education a priority," Randall said. "This donation is helping to fund our new career services center, the first time the business school has had a specific facility dedicated to career enhancement. This donation will personally touch the lives of many university students for generations to come."
Douglas D. Anderson, dean of the Jon M. Huntsman School of Business, said the donation presents new opportunities for students in helping them pay for higher education.
"FJ Management's noble vision of what is possible sets a new standard for each of us," Anderson said. "Because of that spirit, countless students will benefit from FJ Management's generosity. The advantages born from these scholarships will reach far beyond the classroom as they help build future business and civic leaders."
About FJ Management, Inc.
FJ Management Inc. ("FJM") is the new name of the restructured entity previously known as Flying J Inc. Following its successful emergence from bankruptcy in 2010, FJM has been transformed from an integrated oil company with a primary focus around the retail network of Travel Plazas in North America to a multi-faceted holding company for financial service and energy businesses. For more information, visit http://fjmgt.com
