Billionaire MacKenzie Scott makes more historic donations to HBCUs [View all]
Source: ABC News
November 16, 2025, 9:18 PM
Billionaire MacKenzie Scotts historic philanthropic run has contributed more than $700 million to over a dozen historically Black colleges and universities (HBCUs) this fall. In what are some of the largest single contributions in the schools histories, Scotts efforts continued this weekend, sending $63 million, $50 million and $19 million gifts to Prairie View A&M University in Texas, Bowie State University in Maryland and Philander Smith University in Arkansas on Friday.
Bowie State was the 15th historically Black institution Scott has made an unrestricted gift to since the start of this school year. Bowie State President Dr. Aminta H. Breaux said she is profoundly grateful for the award.
Billionaire MacKenzie Scott gifts UNCF $70 million for historically Black colleges and universities
Her generosity arrives at a pivotal moment in our 160-year story, Breaux wrote in a statement. It empowers us to expand access, elevate our research and academic excellence, and uplift generations of students who will lead, serve and innovate. Higher education is the pathway to upward social mobility for our students and the communities we serve, and, with this gift, their futures are brighter than ever, she added.
The average gifts are around $47 million and span from HBCUs in Alabama to Virginia. Norfolk State University in Virginia recently received a $50 million gift from Scott, which the school said will catapult it into its next level of excellence.
Read more: https://abcnews.go.com/US/billionaire-mackenzie-scott-makes-historic-donations-hbcus/story?id=127581362
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