BLAVITY U
The latest at BU
HBCU endowments just crossed $5 billion. Here's who wrote the checks.
A record $180M gift to Spelman pushed the total over the line, but the bigger story is the Black donor network that organized it.
Quick readAI summary · 3 vetted sources
Combined HBCU endowments passed $5.2B after an anonymous $180M gift to Spelman, the largest single HBCU donation ever. Essence reports a coordinated circle of Black wealth managers and family offices is behind a wave of nine-figure gifts, and they say they're not done.