Home
About Us
"It was like manna from heaven."
That's how Natalie Coles describes a $500,000 donation from Dominion Energy to Wilberforce University, a historically black college in Ohio.
The money went toward laptops and hot spots for students when the Covid-19 virus shut down Wilberforce's campus in 2020.
It's one of a growing number of donations to historically black colleges and universities from corporations and philanthropic foundations, the New York Times reports.
According to a May report released at the time, foundation support of HBCUs declined 30% between 2002 and 2019.
But HBCUs have been reporting a sustained increase lately in donations from corporations as well as philanthropic foundations.
Delaware State University received $20 million from MacKenzie Scott in 2020, part of the $560 million that the ex-wife of Jeff Bezos gave to HBCUs.
HBCUs often have smaller endowments and lower levels of public funding than other universities, but they have been using the language of business to argue they are a good investment, a Rutgers University professor who researches HBCUs tells the Times.
Another factor in the giving by corporations has been the influence of their Black employees.
Diageo has given almost $12 million to HBCUs through its employee resource group.
The money has gone toward scholarships at 29 schools to lessen the debt burden on Black graduates
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
Regional capabilities in biotechnology and horticultural sciences are beginning to transfer into the South and Central American and Caribbean cleantech innovation ecosystem.This development will...more
Idaho dairy industry targets net zero by 2050, any solutions must consider Idaho.Dairy farmers can tap into significant revenue streams through programs like California's Low Carbon Fuel...more
A recent $345 million federal investment aims to drive impactful reductions.The initiative assists small oil and gas operators, Tribal entities, and other stakeholders in reducing, monitoring, and...more
Impact Pioneers Network, a first-of-its-kind impact investing network, underscores the importance of making funding options more accessible to Filipino climate entrepreneurs.The Network, together...more
The Italian fashion sector, contributing 5% to GDP, must embrace sustainability, innovation, and growth to stay globally competitive, according to a CDP report.The study highlights the...more
A decade of impact: Exploring Full Vision Capital's climate tech investments | KrASIA features.Chan: "Climate tech investment is not just a business it's about the planet and every individual of the...more
Creative Australia has announced the appointment of Leisa Bacon as its new Executive Director, Development and Partnerships.Bacon brings over 20 years of executive leadership experience in major...more
There is an estimated global climate investment gap of USD 6.1 trillion per year by 2030.Annual climate investments must increase fivefold to keep global temperature rises within 1.5 C by the end of...more
Daring Capital is an impact investing syndicate.Its mission is to invest in underrepresented founders building for-profit companies.These include individuals facing poverty, discrimination, or lack...more
The cultural festival organised by NAFEST had the various troupes in the country in participation, with the team from Anambra, in an amazing performance and cultural skills, emerging the most...more
Social Innovation News from...
Changemakers
Boeing Company
Social Entrepreneurship
Spotlight
A Bar That Saves Children’s Lives
Ryan Devlin, Todd Grinnell and Ravi Patel have traveled to Africa on a humanitarian trip a few years back, encountering children suffering from severe malnutrition get healthy through Plumpy’Nut®.
