Streetz 94.5's Streetz Morning Takeover

Atlanta's Number One Station

in the Streetz for Hip Hop

Spelman College Receives $38 Million Unrestricted Gift from MacKenzie Scott

0

Atlanta-based HBCU Spelman College has been awarded a remarkable $38 million gift from philanthropist MacKenzie Scott โ€” a fully unrestricted donation allowing the institution to allocate funds where most needed. FOX 5 Atlanta

The college announced that the contribution will support two major strategic priorities: expanding financial aid and upgrading technology infrastructure. FOX 5 Atlanta

Spelmanโ€™s Interim President, Rosalind โ€œRozโ€ Brewer, praised Scottโ€™s generosity: โ€œThe flexibility of this gift allows us to move more swiftly to strengthen the entire student experience, modernize our technology infrastructure, and expand financial opportunity for scholars who call Spelman home.โ€ FOX 5 Atlanta

This is the second major contribution Scott has made to Spelman โ€” in 2020, she donated $20 million, which was directed toward scholarships and the institutionโ€™s endowment. FOX 5 Atlanta

As one of the largest gifts in the schoolโ€™s history, this donation underscores the growing role of largeโ€scale private philanthropy in higher education and the importance of flexible funding in driving institutional change.

(Photo By Raymond Boyd/Getty Images)

No comments

NBA All-Star Weekend 2025

Theย Golden State Warriors hosted All-Star Weekend for the first time since 2000! This year’s events took place at Chase Center and Oakland Arena. Friday kicked ...