In a monumental move to address the underrepresentation of Black physicians in the United States, Bloomberg Philanthropies has announced a $600 million donation to the endowments of four historically Black medical schools.
West Angeles Community Development Corporation is the recipient of a $2 million grant from MacKenzie Scott’s Yield Giving Open Call.
In October, the Greater Sacramento Urban League (GSUL) received its biggest donation in the civil rights organization’s 54-year history. Philanthropist, author and the ex-wife of Amazon founder Jeff Bezos, MacKenzie Scott, donated $2.4 million to the local chapter of the National Urban League (NUL) based in central California.
A recent Washington Post story found that Black Americans donate a higher share of their wealth than their white counterparts – to the tune of around $11 billion each year. Given their cultural and educational importance to the Black community, HBCUs are the repository of much of these donations with a number of household names – and some you may not know – making big-dollar contributions to these institutions.
Philanthropist MacKenzie Scott has made a $20 million donation to Charles R. Drew University of Medicine and Science (CDU) in South Los Angeles, one of the nation’s four historically Black medical schools and a member of the Hispanic Association of Colleges and Universities.
MacKenzie Scott announced on Tuesday, December 15, 2020, her second major charitable contribution of the year, giving away nearly $4.2 billion to 384 organizations as part of a plan to donate a majority of her fortune.
A historically Black university in Louisiana has received a $20 million donation from MacKenzie Scott, the former wife of Amazon founder Jeff Bezos. The gift is the largest private contribution in the school’s history and part of hundreds of millions of dollars Scott announced that she had given away.