After the murder of George Floyd in 2020 and the Black Lives Matter protests that followed, many corporations pledged to do more to support Black communities, including a flood of pledges and new investments in HBCUs — Historically Black Colleges and Universities. “We were able to see a lot of folks making commitments to racial justice and also being educated about the underfunding of HBCUs,” said Denise Smith, a senior fellow at the Century foundation. “And at that time, we saw this really big surge in donations to HBCUs.” But it’s tough to get a firm number for just how much was
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