JOURNAL ARTICLE

MacKenzie Scott is making another huge donation with no strings attached—this time it's $70 million to historically Black colleges and universities.

  • Published In: Fortune.com, 2025. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Coacci, Jessica 3 of 3

Abstract

The article focuses on MacKenzie Scott's recent $70 million donation to the United Negro College Fund (UNCF), which supports historically Black colleges and universities (HBCUs) as part of a broader $1 billion campaign to address funding disparities. Scott, a prominent philanthropist with a net worth of approximately $34 billion, has committed to giving away her wealth, having donated $19 billion to over 2,000 nonprofits in the past five years. Her philanthropic efforts include significant contributions to various causes, and she signed The Giving Pledge in 2020, promising to donate at least half of her wealth. This donation to UNCF follows a previous $10 million contribution in 2020, highlighting her ongoing commitment to supporting educational institutions for Black students. [Extracted from the article]

Additional Information

  • Source:Fortune.com. 2025/09, pN.PAG
  • Document Type:Article
  • Subject Area:Education
  • Publication Date:2025
  • Accession Number:188182483
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