Netflix CEO gives $120 million toward scholarships at HBCUs

[R.E.N. Spells Ren]

Netflix CEO Reed Hastings and his wife, Patty Quillin, announced Wednesday morning that they have given $120 million toward scholarships at historically Black colleges and universities — the largest individual donation to the institutions to date.

Spelman College, Morehouse College and the United Negro College Fund each received $40 million.

The two colleges, focused on educating women and men, respectively, are located in Atlanta. They are top producers of Black graduates receiving Fulbright scholarships and pursuing doctorates. The United Negro College Fund is a minority education organization that awards scholarships to more than 10,000 students each year and financially supports 37 historically Black colleges and universities.



Netflix CEO Reed Hastings donates $120 million to support historically Black colleges and universities

$40M for Morehouse
$40M for Spelman
$40M for UNCF


We gotta be cashing in while this climate lasts

 

[OG Talk]

Tangibles

 

[humminbird]

good

 

[mbewane]

Good stuff

 

[Anerdyblackguy]

Wow this is fantastic.

 

[JadeB]

We have the whole world in our hands now

 

[Motife43]

Salutes for that!

But....CAU gone be mad, ITC gone be mad, schools not in UNCF gone be mad. This shyt gone get alums at other schools disappointed cuz they aint get the money.

 

[R.E.N. Spells Ren]

Salutes for that!

But....CAU gone be mad, ITC gone be mad, schools not in UNCF gone be mad. This shyt gone get alums at other schools disappointed cuz they aint get the money.

Schools not in UNCF????

I thought UNCF supported Black students regardless of where they chose to attend school.

 

[Atlrocafella]

Dope. Maybe Morehouse can now reverse those staff cuts/furloughs they were planning.

 

[iamduval]

That’s huge

 

[Crude]

Good stuff!

I wish alumni and more Black kids would consider HBCU's especially the ones that aren't going to PWI's on full academic scholarships or athletic rides.

 

[Originalman]

Schools not in UNCF????

I thought UNCF supported Black students regardless of where they chose to attend school.

Nope you must attend a HBCU. That was put in to make sure HBCUs got the money and not PWIs.

 

[Originalman]

Good as much folks watch and buy Netflix they hoe asses need to give some of that money back.

I am still on my fukk netflix though...

 

[Controversy]

Spelman and Morehouse get all of the major philanthropy among HBCUs

I wonder why

 

[R.E.N. Spells Ren]

Nope you must attend a HBCU. That was put in to make sure HBCUs got the money and not PWIs.

UNCF scholarships are not limited to HBCUs:

UNCF is the nation’s largest private scholarship provider to minority group members. Each year, we award more than $100 million in scholarships to students attending more than 1,100 schools across the country, including our prestigious network of 37 HBCUs.

Scholarships | UNCF

Or are you referring to this gift specifically? Cuz I don’t see anything that specifies they’re limiting the $40M they’re giving to UNCF to only HBCUs.