We are humbled, honored, and excited to be the recipient of a historic $100 million donation from philanthropist, businesswoman and longtime Spelman trustee Ronda Stryker and her husband William Johnston.
Their gift is not only the largest in our history, it is the largest individual donation ever given to an HBCU, and larger than most gifts to higher educational institutions in America.
We are delighted to share this news now, as 2024 marks 100 years since Spelman Baptist Seminary became Spelman College, a pivotal and meaningful time in our school’s history.
$75 million of the $100 million will go to endowed student scholarships, helping Spelman College continue to attract the best and brightest students while reducing any financial barriers that prevent qualified students from enrolling or remaining enrolled.
The remaining $25 million will be used to develop an academic focus on public policy and democracy, improve student housing, and provide flexible funding to meet critical strategic needs. Read more: https://bit.ly/3tZ7n2M
🎥 : via CBS Mornings
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