Inside an HBCU’s Big Endowment Push
By Sara Weissman North Carolina A&T State University’s endowment hit $202 million this summer, the highest of any public historically Black college or university (HBCU) in the country. That sum is about 10 times larger than it was 15 years ago, when the endowment stood at a more modest $20 million. University leaders are celebrating the news. “As our endowment grows, it provides significant income to fund programs and enhance operations at North Carolina A&T,” outgoing Chancellor Harold L. Martin said in an announcement. “It also increases our funding flexibility, allows us to plan more effectively for future initiatives and lends The post Inside an HBCU’s Big Endowment Push appeared first on HBCU News.
By Sara Weissman North Carolina A&T State University’s endowment hit $202 million this summer, the highest of any public historically Black college or university (HBCU) in the country. That sum is about 10 times larger than it was 15 years ago, when the endowment stood at a more modest $20 million. University leaders are celebrating the news. “As our endowment grows, it provides significant income to fund programs and enhance operations at North Carolina A&T,” outgoing Chancellor Harold L. Martin said in an announcement. “It also increases our funding flexibility, allows us to plan more effectively for future initiatives and lends
The post Inside an HBCU’s Big Endowment Push appeared first on HBCU News.
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