UNCF Head on How Historic $70M Donation Will Bolster HBCUs

UNCF head on how historic $70M donation will bolster HBCUs

The UNCF received a landmark $70 million donation from philanthropist MacKenzie Scott. The money will be used to bolster the endowments of historically Black colleges and universities, helping to close long-standing gaps in resources. It’s part of a billion-dollar capital campaign to ensure HBCUs can thrive well into the future. Geoff Bennett discussed the outlook with Dr. Michael Lomax.

MacKenzie Scott Gives $70 Million To UNCF To Financially Strengthen HBCUs

Facebook Tweet Email Link AP  —  Billionaire philanthropist MacKenzie Scott has donated $70 million to the UNCF, as the nation’s largest private provider of scholarships to minority students works to raise $1 billion to strengthen all 37 of its historically Black colleges and universities. The gift is one of Scott’s largest single donations ever and among the first to be publicly disclosed in 2025. Famously private, Scott only discusses her…

Jeff Bezos Ex-Wife, MacKenzie Scott, Donates $70M To UNCF For HBCU Funding

Source: Dia Dipasupil / Getty Jeff Bezos’ ex-wife, MacKenzie Scott, is out here doing all the good work her former hubby never did by taking a nice slice of her fortune and donating it to the cause of strengthening the foundation of our nation’s historically Black colleges and universities. According to CNN, Scott has donated $70 million to the United Negro College Fund (UNCF), America’s largest private provider of scholarships to minority stude…