MacKenzie Scott donates $70M to UNCF to bolster HBCUs

Source: The Hill

by Ashleigh Fields - 09/23/25 10:47 AM ET

Billionaire philanthropist Mackenzie Scott on Tuesday donated $70 million to the United Negro College Fund (UNCF), the largest private supplier of scholarships to historically Black colleges and universities (HBCUs).

The gift is one of Scott’s largest single donations ever and among the first to be publicly disclosed in 2025, according to The Associated Press. It follows her $10 million donation to the organization in 2020.

“This extraordinary gift is a powerful vote of confidence in HBCUs and in the work of UNCF,” Michael L. Lomax, the nonprofit’s president and CEO told the AP in a statement.

“It provides a once-in-a-generation opportunity for our member institutions to build permanent assets that will support students and campuses for decades to come,” he added.

Read more: https://thehill.com/homenews/education/5517404-mackenzie-scott-donation-uncf-hbcus/