Nonprofit fund to invest millions in grants for HBCUs including 2 in Georgia

The Reinvestment Fund, a national nonprofit, announced the inaugural cohort of its HBCU Brilliance Initiative, aimed at supporting the financial health of 11 Historically Black Colleges and Universities across the United States. The initiative, which combines grants and technical assistance, will provide each participating institution with $40,000 in grants and up to $1,000,000 in financing. […]