Bacardi USA Donates $5 Million to Florida International University

The gift to FIU’s Chaplin School of Hospitality & Tourism Management will create the Bacardi Center of Excellence, positioning the Chaplin school as a leader in beverage management education.

The Bacardi Center of Excellence will provide student scholarship opportunities, promote community events and provide pathways to entrepreneurship. The Bacardi Beverage Innovation Fund will be used to establish a beverage curriculum and create collaboration opportunities between Bacardi USA and FIU faculty. The Bacardi Scholarship Endowment will offer students financial assistance and establish professorships.

The gift also expands programming at FIU’s CasaCuba. CasaCuba seeks to provide a dynamic home for the discussion and study of Cuban affairs. The initiative is bringing together scholars, policymakers, business leaders, students, and the community at large to realize a multidimensional Cuban cultural center and think tank that will be housed in a state-of-the-art facility at FIU’s main campus.

Family-owned Bacardi was originally founded by Don Facundo Bacardí Massó in Santiago de Cuba in 1862. Today, Bacardi Limited is the largest privately held spirits companies in the world and South Florida is home to the regional headquarters for North America.

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