Spelman College Received the Largest Single Donation Ever Given to a HBCU

Spelman College, the historically Black liberal arts institution for women in Atlanta, has announced a $100 million gift. It is the largest single donation ever given to an HBCU. The donation is from businesswoman and philanthropist Ronda Stryker and her husband William Johnston, Chairman of Greenleaf Trust. Stryker has been a Spelman College Trustee since 1997.  She has worked for decades to empower women through higher education and advance opportunities for additional marginalized groups. The gift is an important first step on Spelman’s path to become need-blind, helping to attract the best and brightest students by eliminating potential barriers to admission. About $75 million of the $100 million will go to endowed scholarships for future students, helping Spelman College continue to attract the best and brightest students, while working to remove any financial barriers that prevent qualified students from enrolling at Spelman. 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. “We are invigorated and inspired by this incredible act of generosity,” said Helene Gayle, president of Spelman College. “This gift is a critical step in our school’s mission to...