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

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

Summary

The United Negro College Fund (UNCF) received $70 million from MacKenzie Scott. This donation aims to support historically Black colleges and universities (HBCUs). It is part of a bigger campaign to ensure that these colleges have strong financial foundations.

Key Facts

  • The UNCF received $70 million from philanthropist MacKenzie Scott.
  • The donation is part of a billion-dollar fundraising effort.
  • The money will help increase the financial stability of HBCUs.
  • These funds aim to reduce resource gaps compared to other institutions.
  • Geoff Bennett talked with Dr. Michael Lomax about the donation's impact.
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