A List Of Billionaires Giving Back To HBCUs When It Matters Most
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Source: Perry Knotts / Getty
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Check out a list of notable HBCU millionaire donors below:
1. MacKenzie Scott

The UNCF shared that MacKenzie donated $70 million on the United Negro College Fund, boosting endowments for 37 private HBCUs.
2. Oprah Winfrey

According to AJC, the media mogul has donated over $25 million to Morehouse College, establishing the Oprah Winfrey Scholars Program. It’s the largest endowment in the school’s history, supporting more than 600 Black men. She also gifted $2 million to her alma mater, Tennessee State University, and local Nashville communities during the pandemic, along with additional contributions to the United Negro College Fund (UNCF).
3. Michael Bloomberg

Bloomberg Philanthropies shared that former NYC mayor pledged $100 million toward student aid at HBCUs, including the four Historically Black medical schools.
4. Reed Hastings

Reports from Andscape share that Netflix co-founder and his wife, Patty Quillin, donated $120 million divided among the United Negro College Fund (UNCF), Morehouse College and Spelman College.
5. Ronda Stryker & William Johnston

According to AP News, they donated $100 million to Spelman College, noted as the largest single gift to an HBCU to date.
6. Robert F. Smith

Time shared that through his Student Freedom Initiative, Smith is providing debt-relief and low-cost loans for HBCU students; his foundational gifts exceed $100 million.
7. Arthur Blank

AJC reports that owner of the Atlanta Falcons, Blank committed$50 million over 10 years for “gap scholarships” at Atlanta-area HBCUs to prevent talented students from dropping out due to financial shortfalls.
A List Of Billionaires Giving Back To HBCUs When It Matters Most was originally published on cassiuslife.com