This Is What The HBCU Transformation Project Will Do With The $124 Million Donated It Received
By Candace Mcduffie It was announced that the HBCU Transformation Project received a $124 million gift from Blue Meridian Partners. The funders bestowed the donation to the coalition of 40 historically Black colleges and universities to increase students enrolled as well as graduation and employment rates. “This very significantly scaled grant from them signals to the philanthropic community that this is a really good investment to make,” Michael Lomax, president and CEO of United Negro College Fund, stated. Lomax is acting as arbitrator between the coalition and Blue Meridian. The purpose of the money is to strengthen the work of the The post This Is What The HBCU Transformation Project Will Do With The $124 Million Donated It Received appeared first on HBCU News.
By Candace Mcduffie It was announced that the HBCU Transformation Project received a $124 million gift from Blue Meridian Partners. The funders bestowed the donation to the coalition of 40 historically Black colleges and universities to increase students enrolled as well as graduation and employment rates. “This very significantly scaled grant from them signals to the philanthropic community that this is a really good investment to make,” Michael Lomax, president and CEO of United Negro College Fund, stated. Lomax is acting as arbitrator between the coalition and Blue Meridian. The purpose of the money is to strengthen the work of the
The post This Is What The HBCU Transformation Project Will Do With The $124 Million Donated It Received appeared first on HBCU News.
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