Spelman College Receives $100 Million Donation, A Record For Historically Black Schools

by Gee NY

Spelman College, a historic institution known for its dedication to the education of women of African descent, has received an unprecedented $100 million gift.

The generous donation, the largest ever given to a historically Black college or university (HBCU), comes from the esteemed trustee Ronda Stryker and her husband, William Johnston.

This monumental contribution coincides with the 100-year anniversary of the school’s official naming, marking a significant milestone in Spelman’s rich history.

Ronda Stryker, a prominent businesswoman and philanthropist, along with her husband William Johnston, who serves as the chairman of the wealth management firm Greenleaf Trust, is deeply committed to supporting the institution.

Historically Black colleges and universities have played a crucial role in providing higher education to African Americans, addressing historical disparities in access to education.

Notable HBCU alumni include U.S. Vice President Kamala Harris, a graduate of Washington’s Howard University. The classification of HBCUs was established by the Higher Education Act of 1965 for accredited institutions founded before 1964.

Founded in 1881 as the Atlanta Baptist Female Seminary, Spelman College has been a trailblazer in the education of women of African descent. The institution was officially renamed Spelman College in 1924. This remarkable $100 million gift will contribute significantly to the ongoing legacy of Spelman.

“We are invigorated and inspired by this incredible act of generosity,” remarked Spelman College President Helene Gayle.

Three-fourths of the historic donation will be allocated to endowed scholarships, ensuring sustained support for future generations. Additionally, $25 million will be dedicated to developing an academic focus on public policy and democracy, enhancing student housing, and addressing other critical needs.

This transformative gift demonstrates the importance of philanthropy in advancing education, particularly within the context of HBCUs.

Spelman College has expressed deep gratitude to Ronda Stryker and William Johnston for their unparalleled commitment to empowering generations of Black women through education.

Related Posts

Crown App