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Arthur M. Blank Family Foundation donating $50 million to historically Black Atlanta colleges
The $50 million funding will provide gap scholarships for nearly 10,000 students to improve graduation rates at Atlanta's historically Black colleges and universities, the foundation said.
- The Arthur M. Blank Family Foundation is donating $50 million to help students at four of Atlanta's Historically Black Colleges and Universities overcome financial barriers and earn their degrees.
- The new scholarships are designed to close the financial gap for Pell Grant recipients and improve graduation rates by 10 percent, supporting about 10,000 students across the four campuses starting in 2026.
- Arthur Blank, co-founder of The Home Depot and owner of the Atlanta Falcons and Atlanta United, committed to giving at least half his wealth away by signing the Giving Pledge, and his family foundation has donated more than $1.5 billion to date.
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Home Depot founder Arthur Blank donates $50 million to Atlanta’s historically Black colleges and universities via foundation
The billionaire has committed to giving at least half his wealth away via the Giving Pledge and his family foundation has donated over $1.5 billion to date.
·New York, United States
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Home Depot Co-Founder Blank Gives $50 Million to Black Colleges in Atlanta
The family foundation of Arthur M Blank, the billionaire owner of the Atlanta Falcons and co-founder of Home Depot Inc., is giving $50 million over a decade to four historically Black colleges in Atlanta to help students graduate and prevent them from dropping out because of funding gaps.
·United States
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Total News Sources56
Leaning Left10Leaning Right5Center35Last UpdatedBias Distribution70% Center
Bias Distribution
- 70% of the sources are Center
70% Center
L 20%
C 70%
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