The eight-figure gift to Howard will allow the historically black university to graduate students on time, complete infrastructure projects, retain faculty and develop programs for innovation and entrepreneurship, said Wayne A.I. AD“We have a large number of low-income students,” Frederick said in an interview. The GRACE grant also provides additional financial support to students whose families cannot contribute to their college expenses. The United Negro College Fund (UNCF), Thurgood Marshall College Fund and College Track — all organizations that support black, first-generation and other marginalized students pursuing college degrees — are also on Scott’s list of charities. Reed Hastings, chief executive of ­Netflix, and his wife, Patty Quillin, committed $120 million to Spelman, Morehouse and the United Negro College Fund in June.

Source: Washington Post July 28, 2020 23:37 UTC