US EditionMacKenzie Scott gives $70 million to UNCF to financially strengthen HBCUs
Scott's $70 million gift supports UNCF's pooled endowment to help 37 HBCUs overcome a 70% endowment gap compared to non-HBCUs, part of a $1 billion fundraising goal.
- Billionaire philanthropist MacKenzie Scott donated $70 million to UNCF, the largest private provider of scholarships to minority students.
- The donation aims to establish a $370 million pooled endowment fund for 37 historically Black colleges and universities .
- The broader $1 billion fundraising effort by UNCF attempts to address the funding disparity faced by HBCUs compared to other colleges and universities.
125 Articles
125 Articles
MacKenzie Scott Donates $70M To United Negro College Fund
Billionaire MacKenzie Scott (the ex-wife of Jeff Bezos), known for her philanthropic donations, has made one of her largest single gifts, donating $70 million to the United Negro College Fund. The gift comes as the UNCF is conducting a campaign to raise $1 billion for historically Black colleges and universities (HBCUs), which have historically been underfunded. Scott gives ‘$70 million landmark gift’ to UNCF The UNCF announced Tuesday on its In…
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…
MacKenzie Scott is making another huge donation with no strings attached—this time it’s $70 million to historically Black colleges and universities
MacKenzie Scott, one of the world’s most prominent philanthropists, has just donated $70 million to UNCF, the nation’s largest private provider of scholarships to Black students. The donation by Scott, whose net worth is currently valued to be around $34 billion, is set to reshape the financial future of 37 historically HBCUs (historically Black colleges and universities), as part of a $1 billion campaign. The program, launched in 2o21, aims to …
MacKenzie Scott’s latest donation will give HBCUs a $70 million boost
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.
Associated Press News
MacKenzie Scott gives $70 million to UNCF to financially strengthen HBCUs
Billionaire philanthropist MacKenzie Scott has donated $70 million to the UNCF, the largest private provider of scholarships to Black students.
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