US EditionMacKenzie Scott Tops $300 Million In Higher Education Gifts In Past Month
MacKenzie Scott’s unrestricted gifts total over $300 million this month to HBCUs and nonprofits, supporting scholarships and endowments to advance education equity for underserved students.
- On Monday, Alabama State University announced a $38 million gift from MacKenzie Scott, who has given more than $300 million to colleges and scholarship organizations in the past month.
- Scott's giving model emphasizes large, unrestricted gifts with minimal stipulations; her Yield Giving website says she donated more than $19 billion, letting nonprofits decide fund use.
- Scott's round of donations also covered $63 million to Morgan State University, $42 million to Alcorn State University, $50 million to Native Forward Scholars Fund, $42 million to 10,000 Degrees, and $70 million to UNCF.
- Campus leaders say the funding will support need-based scholarships, emergency grants, interdisciplinary research, student success supports, and community initiatives, while experts say it can seed endowed professorships and research centers and impact enrollment and retention.
- These gifts arrive amid heightened attention to HBCU funding gaps, with institutional leaders and philanthropy scholars noting Scott's trust-based approach signals confidence, though experts caution such donations require diverse revenue streams.
13 Articles
13 Articles
Alcorn State receives the ‘largest single gift’ in its history
Alcorn State receives the ‘largest single gift’ in its history LORMAN, Miss. (WLBT) – Billionaire philanthropist MacKenzie Scott has gifted Alcorn State University $42 million. In a statement from the university on Tuesday, they said the donation was “the largest single gift in the 154-year history of the nation’s oldest public historically Black land-grant university.” This is Scott’s second donation to Alcorn State, with the first donation of …
Philanthropist MacKenzie Scott donates $42 million gift to Alcorn State
Lorman, Mississippi, Oct. 28, 2025 (GLOBE NEWSWIRE) -- Alcorn State University received a $42 million unrestricted donation from philanthropist MacKenzie Scott, the largest single gift in the 154-year history of the nation's oldest public historically Black land-grant university. This is Scott's second major gift to the university. Scott previously donated $25 million in 2020, bringing her total contributions to $67 million. "Today marks a histo…
MacKenzie Scott: A Philanthropy of the Spirit in an Age of Abandonment
BLACKPRESSUSA NEWSWIRE — There are moments in history when a single act of generosity reveals the moral decay of an entire nation. MacKenzie Scott’s $38 million gift to Alabama State University, the largest in its 158-year history, is such a moment.
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