"Record $100M Donation to Spelman College from Billionaire Couple"

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Source: The Guardian US
"Record $100M Donation to Spelman College from Billionaire Couple"
Photo: The Guardian US
TL;DR Summary

Billionaire couple Ronda Stryker and William Johnston have donated $100m to Atlanta’s Spelman College, marking the largest-ever single donation to an HBCU. The donation will be used to endow scholarships, develop an academic focus on public policy and democracy, and improve student housing. This comes amid increased donations to HBCUs following racial justice protests, with the United Negro College Fund also receiving a $100m donation from the Lilly Endowment Inc. Other recent large donations to HBCUs include those from MacKenzie Scott, Reed Hastings, and Michael Bloomberg.

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