This fall, philanthropist MacKenzie Scott delivered hundreds of millions of dollars in unrestricted gifts to historically Black colleges and universities (HBCUs), addressing decades of chronic underfunding. According to Inside Higher Ed, these donations are enabling institutions to strengthen endowments, expand research initiatives, and provide critical scholarships, marking one of the most significant philanthropic waves in recent higher education history.Scott’s generosity comes amid a challenging era for higher education, as federal policy changes, funding uncertainties, and rising student costs have placed added pressure on HBCUs. By offering unrestricted funds, Scott provides institutions with the flexibility to respond to immediate needs while
The post MacKenzie Scott pumps hundreds of millions into HBCUs, transforming student support and research appeared first on HBCU News.
