Robert F. Smith, Oprah Winfrey, Michael Jordan, Frank Baker and William Pickard Top List of Black Donors to HBCUs  - Los Angeles Sentinel

A recent Washington Post story found that Black Americans donate a higher share of their wealth than their white counterparts – to the tune of around $11 billion each year. Given their cultural and educational importance to the Black community, HBCUs are the repository of much of these donations with a number of household names – and some you may not know – making big-dollar contributions to these institutions.  

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