"Spelman College Receives Record $100 Million Donation from Billionaire Couple"

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Source: The New York Times
"Spelman College Receives Record $100 Million Donation from Billionaire Couple"
Photo: The New York Times
TL;DR Summary

Spelman College, a historically Black women's college in Atlanta, has received a $100 million donation, the largest ever to an H.B.C.U., from philanthropists Ronda E. Stryker and William D. Johnston. The gift, with $75 million earmarked for scholarships, will also support student housing improvements and the development of an academic focus on public policy and democracy. This donation reflects a growing trend of philanthropic support for H.B.C.U.s and other Black nonprofit organizations following the national reckoning on race ignited by the murder of George Floyd in 2020.

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