The Movement is Real - HBCUs Receive Largest Donation In Institutional History Thanks to a $1.7 Billion Dollar Gift
Posted By: Will Moss on July 29, 2020 |
The internet is on fire right now with the news that 3 HBCUs have received the largest donations in the history of their existence thanks to proceeds from a $1.7 Billion dollar charitable donation from what many people think must be an Angel.
As we put this article together, we thought maybe we'll run a photo of the person that made the donation with the other person that most people recognize as one of the richest people on earth, but while Amazon does their part to support HBCUs, we felt MacKenzie Scott deserved the spotlight solo in this monumental moment.
Let's run through the schools that received the donations:
While the total amounts donated to each of the schools was not fully disclosed, Xavier University has confirmed at least $20 million had come to the HBCU in Louisana.
Many HBCU graduates love the idea of the huge donation but "we need to know what they are going to do with those funds" said Hampton graduate Quentin Bolton. "They need to make the HBCUs a landing place for blue chip athletes and scholars."
Dr. Harvey, who has successfully led Hampton University for more than four decades, met the measure that Ms.
Scott set when she noted that she wanted to call attention to “organizations and leaders driving change.” She chose Hampton University President Dr. William R. Harvey and Hampton University as one of the institutions because as she explained, the recipients had to “have a track record of effective management and significant impact in their fields.”
“This pure act of benevolence is clearly a game changer and it could not have come at a better time,” said Dr. Harvey. “I speak for the entire Hampton University community when I say we are grateful to Ms. MacKenzie Scott, who has chosen to support us during this unprecedented period of uncertainty.”
Dr. Harvey, who has sole discretion on how the funding will be used, has consulted with members of the Board of Trustees, deans, and administrators to review plans for allocating the generous donation. Among the options for funding are the Hampton University Proton Therapy Institute, where lives are saved daily from the devastating effects of cancer; new student scholarships geared to assist high school students who have demonstrated strong character and a yearning for higher education; and further support of the University’s technological advances and upgrades to scientific laboratories campus-wide and more.
Scott, is no doubt one of the wealthiest individuals on the planet, and I would have to say "worthiest" individuals now on the planet.
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Loren MossWho is she? My guess is Bezos' ex?
Partner at UnidoDigital
Wednesday, July 29th 2020 at 7:05AM
Will MossYep... Bezos ex-wife.
CEO at HBCU CONNECT
Wednesday, July 29th 2020 at 2:45PM
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