Hampton University announced on that it had received a huge eight-figure gift from author and philanthropist MacKenzie Scott, the former wife of Amazon’s Jeff Bezos.
The gift was mentioned in a list of donations that Scott published to a Medium post Tuesday that listed organizations that received some of the 1.7 billion dollars that she gave to charitable causes over the last year.
After her divorce from Jeff Bezos in 2019, Scott signed the Giving Pledge, a commitment among the wealthy to give away a significant portion of their money over their lifetimes. Scott’s promised to give away at least half of her approximately $35 billion fortune to various causes.
The multimillion dollar gift was given without restrictions, meaning that Hampton University has full control over how and where the money will be utilized. According to reports, this is the largest single monetary gift Hampton has ever received.
“This pure act of benevolence is clearly a game changer and it could not have come at a better time,” said Hampton President William R. Harvey in a statement. “I speak for the entire Hampton University community when I say we are grateful to Ms. MacKenzie Scott, who has chosen to support us during this unprecedented period of uncertainty.”
While the amount of the gift was not stated by Hampton, it has been reported that both Spelman and Howard had received an eight-figure gift and Xavier University of Louisiana and Tuskegee University had each received $20 Million.
Morehouse and the Thurgood Marshal Fund were also named on the list as schools or organizations who would receive a portion of the 1.7 billion dollars.
Share this on Facebook if you think this deserves to go VIRAL
AKAs2 days ago
Alpha Kappa Alpha Just Raised Over $2.1 Million for HBCUs in 24 Hours
Colleges1 week ago
Bloomberg Live and UNCF Collaborate to Shine Spotlight on HBCU Funding Barriers with “HBCUs: The Path to Prosperity”
Kappas1 week ago
Best Selling History Author Lerone Bennett Jr. was a Member of Kappa Alpha Psi
Alphas1 week ago
Dr. William P. Foster, Pioneer of FAMU’s Marching 100 was a Member of Alpha Phi Alpha
AKAs1 week ago
Miss America 1991 Marjorie Vincent is a Member of Alpha Kappa Alpha
Omegas12 hours ago
Black Greekdom Mourns The Death of Omega Psi Phi Brother Jelani Day
AKAs4 days ago
Lisa Borders, Former President of the WNBA Is A Member of Alpha Kappa Alpha
Sigmas3 days ago
NFL All-Time Leading Rusher Emmitt Smith Is A Member of Phi Beta Sigma