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MacKenzie Scott gives $31M to 2 Mississippi HBCUs

MacKenzie Scott gives $31M to 2 Mississippi HBCUs
December 19, 2020 GMT
Two historically black schools in Mississippi say gifts from philanthropist and author MacKenzie Scott are the biggest they’ve ever received from a single donor.
A $25 million donation to Alcorn State University more than doubled the school’s endowment, President Felecia M. Nave said in a news release.
“A significant number of Alcorn’s students are the first in their families to attend college and Ms. Scott’s pivotal gift in these uncertain times will help ensure that students have access to a life-changing education,” she said.
Tougaloo College got $6 million and will use it to support major initiatives supported by its recently established Preserving and Advancing Excellence Fund, a news release said. ....

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The world's richest woman doubled Alcorn State's endowment with $25 million donation | News

Alcorn State University received the largest gift from a single donor in its history.
MacKenzie Scott, an author and philanthropist, made a $25 million donation to the university, the school announced on Tuesday.
âThis gift is truly transformational and we are humbled by Ms. Scottâs generosity,â Alcorn President Felecia M. Nave said in a release.
The gift doubles the size of Alcornâs endowment and allows the university to enhance its academic offerings.
Scott announced this week that she gave $4.1 billion to 384 organizations in all 50 states, just four months after donating $1.7 billion to 116 organizations.
Scott also donated to Tougaloo College and the Mississippi Food Network, according to a list she released this week. It is unclear how much those entities received. ....

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