Mackenzie Scott Donates $70 Million to UNCF: A Lifeline for HBCUs.
(ThyBlackMan.com) As the U.S. government continues its retreat from supporting the nonprofit sector, we are fortunate to have Mackenzie Scott (among other philanthropists) step up to fill some portion of the dangerous void that remains. I say “some portion” because private philanthropy cannot replace the amount of tax dollars that support the roughly 1.9 million U.S. nonprofit organizations – to include postsecondary institutions. Scott recently donated $70 million to the […]