BOULDER - Energy manufacturing and logistics company Phillips 66 has committed a $500,000 gift to the University of Colorado Leeds School of Business' Career Development Office.

The Career Development Office provides undergraduates with professional skills, career exploration, industry experiences and access to employer and alumni connections.

"The broad and overarching reach of this investment supports our students, faculty and staff by enhancing our promise to well prepare students for careers in business while bolstering Phillips 66 as an elite partner in our community," David Ikenberry, dean of the Leeds School, said in a statement.

Phillips 66 previously had contributed to the Leeds School's mentorship program. The company also donated $3.5 million to CU's Jennie Smoly Caruthers Biotechnology Building that opened in 2012.

"We are pleased to present this gift to further strengthen student development and enhance the Leeds student experience," Phillips 66 senior vice president of human resources Chantal Veevaete said.