Image

12:09 PM / Monday January 20, 2020

11 Oct 2019

Oprah to give $13 million more for aid at Black college

  • Facebook
  • Twitter
October 11, 2019 Category: Entertainment Posted by:

ABOVE PHOTO: Oprah Winfrey  (Photo: JStone / shutterstock)

associated press

ATLANTA — Oprah Winfrey says she’s giving $13 million to increase a scholarship endowment at a historically black college.

Winfrey announced her plan Monday at Morehouse College in Atlanta, adding to the $12 million she gave to the all-male college in 1989. She was meeting with 47 students who benefit from the existing endowment.

“I was really surprised to learn that it’s been 30 years since I made that $12 million donation to Morehouse, so today, I’d like to add $13 million to that,” Winfrey said as cheers erupted, in a video released by Morehouse.

Image

Morehouse President David Thomas said Winfrey’s endowment has paid to educate nearly 600 students over the past three decades.

The college described the gift as a surprise. Last month, Winfrey also sprung a surprise college donation on an audience, saying she’d give more than $1 million to the United Negro College Fund at a North Carolina fundraiser.

Winfrey’s announcement came weeks after 2,200-student Morehouse announced it would impose an unpaid monthly furlough day for 415 professional employees and stop retirement contributions of 3% of employee salaries. Some jobs will also be eliminated, with the overall cost-cutting effort meant to redirect $3 million to student aid.

Billionaire Robert Smith won wide attention earlier this year when he promised to repay all student and family loans accumulated by Morehouse’s class of 2019. That one-time gift will be worth $34 million, the college said last month.

Thomas said in a statement that he is “feeling hopeful for Morehouse and what it has garnered in terms of philanthropic support with gifts like Oprah’s and Robert Smith’s. I am hopeful that this will also get others to step up with their support of Morehouse, but even more broadly, historically black colleges and universities.”

Many historically black colleges and universities struggle to raise money from private donors, and African American students often accumulate large amounts of debt because their families are not as wealthy as their white peers.

  • Facebook
  • Twitter

Leave a Comment

Recent News

Commentary

Celebrating Dr. King As A Warrior, Not A Dreamer

January 16, 2020

Tweet Share Pin Email ABOVE PHOTO: Martin Luther King, Jr. Memorial (Photo: Shutterstock) By A. Peter Bailey...

Travel

Smooth Traveler: Montgomery, Alabama (Part Two)

January 18, 2020

Tweet Share Pin Email ABOVE PHOTO: Freedom Riders Museum  (Photos: Renée S. Gordon) By Renée S. Gordon...

Food And Beverage

Go long on game day: Ready-for-action recipes to feed fans

January 17, 2020

Tweet Share Pin Email Family Features When game day arrives and your crowd is ready to crank...

Entertainment

Johnson Publishing artwork going on auction block

January 16, 2020

Tweet Share Pin Email CHICAGO (AP) — Bankrupt Johnson Publishing Co., the former owner of Ebony and...

Color Of Money

Shoppers: Make protecting yourself from fraudsters part of your New Year’s resolutions

January 17, 2020

Tweet Share Pin Email BPT With a new decade upon us, it is natural to look to...

Horoscopes

SUNscopes for the week of Jan. 19

January 17, 2020

Tweet Share Pin Email All Signs: Each year, the Sun travels through all 12 signs, which gives...

The Philadelphia Sunday Sun Staff