Hastings will give $40 million each to Spelman and Morehouse and $40 million to the United Negro College Fund (UNCF) to be distributed across the other HBCUs. There are a total of 107 HBCUs and only 37 historically black colleges and universities are apart of the UNCF network.
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“There are many good places to donate, but the [historically Black colleges and universities] are 150 years old, incredibly resilient, producing an amazing number of Black graduates,” Hastings said in a CNBC interview.
“We want to help draw attention to the HBCUs, to them being part of the solution for America, and for Black children to aspire to,” he added.
Though the HBCU community appreciated the contribution, some expressed their frustrations with only certain schools getting the money. More well-known universities like Howard, Spelman, Morehouse, and FAMU are known for their elitism and seem to receive donations more often than others.
Between current students and alumni, Twitter users communicated their annoyance with the CEO in hopes that in the future donators will consider giving endowment to other universities in need.
How it’s over 100 HBCUs and y’all keep donating to the same 3??????— K. Kemp, M.S., M.Ed. (@MsKKemp) June 17, 2020
I’m not mad about Spelman and Morehouse receiving 120 million... I’m mad that 120 million could’ve have been divided amongst more than 2 HBCUs...— alana. (@alanamikia) June 17, 2020
HBCUs that could have used some of that $120 million:— Booker G. Washington (@TendentiousG) June 17, 2020
Coahoma Community College
Tennessee State University
South Carolina State
Lincoln U PA
Y’all do know its 105 other HBCUs right? There’s more HBCUs than just Morehouse, Spelman, and Howard. 🤒 https://t.co/d6yDY2nvDo— URGENCY 2021. 🎬🏁 (@_DashawnJ_) June 17, 2020
There’s HBCUs that are literally on the brink of shutting down but y’all donate to the schools with the $700 million endowments....... ok, lol.— sharon b mills (@sharonbmills) June 17, 2020
Stop saying you’re donating to “HBCUs” if you’re only donating to the same tired 3. Say their names. 😂— Booker G. Washington (@TendentiousG) June 17, 2020
Howard, Hampton, Morehouse, and Spelman does not equal “HBCUs.”— Booker G. Washington (@TendentiousG) June 10, 2020
There are 107 HBCUs.
Just because those 4 enjoy the most white name recognition, and/or you buy into what you think is prestige, or you couldn’t afford them, does not make them “THEE HBCUs.”
120 million to 3 HBCUs private at that versus splitting with a number of HBCUs or maybe all of em would’ve been more practical. But when you only show favor to the same institutions that is just a public exhibition of elitism and classism had amongst HBCUs which is divisive af.— Meka VandrΩss 🐶💉⚡️ (@Meka_Lullaby) June 18, 2020