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United Negro College Fund
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Thanks to this partnership, students will receive funding to ensure they will reach the finish line at their university. According to a press release, the Anheuser-Busch Foundation has donated $200,000 to the United Negro College Fund (UNCF) for the second year in a row. The investment will allocate up to $2,500 for students attending Historically Black Colleges and Universities (HBCUs) who need funding to fulfill their degree requirements. In 2021, 69 students were awarded financial assistance to walk across the graduation stage. “I would like to sincerely thank UNCF and Anheuser-Busch Foundation for the scholarship which enabled me to become a LeMoyne-Owen College graduate,” said Braxton Miller, a biology major at the college, in a statement. “I want to truly thank UNCF and Anheuser-Busch. You saved me when I had to pay for not one but two courses I had to take. You truly and honestly blessed me,” James Wilson, a Benedict College graduate who majored in criminal justice...
Jun 14, 2022
Southern Company will be joining forces with the United Negro College Fund (UNCF), the Thurgood Marshall College Fund, and nonprofit INROADS, Inc., to help Historically Black Colleges and Universities (HBCUs). The global leaders have announced $10 million in grants via the Southern Company Foundation to ensure students attending HBCUs will receive the financial backing to pursue academic opportunities. The funds will encourage students to advance their talents and economic developments within their communities, campus, and beyond. “Degrees matter. Careers matter. Impact also matters. Imagine the impact of this initiative as graduates pursue careers focused on developing and ensuring the viability of our communities! Thanks to the Southern Company Foundation for this important investment and innovative collaboration with UNCF and Thurgood Marshall College Fund. This investment will go a long way to provide sustainable impact for HBCUs, their students, and our communities,” said...
Dec 17, 2021
Cantu Beauty and the United Negro College Fund (UNCF) are here to bless some nontraditional students with funding for programming and scholarships! According to PR Newswire, the award-winning multicultural hair care brand will invest $150,000 for nontraditional students at Historically Black Colleges and Universities (HBCUs) across the nation. “Higher education is a catalyst that propels Black and brown communities forward,” said Dametria Mustin , global vice president of marketing, Cantu Beauty in an official statement. “Cantu continues to remain committed to paving the way for the next generation of leaders, entrepreneurs, and shapers of our community through financial support and seminars preparing nontraditional college students for success early on in their careers.” Nontraditional undergraduate students include those who may have delayed their enrollment into postsecondary education, attend college part-time while working full-time and also have dependents other than a spouse....
Oct 19, 2021
One thing about Target, they’re going to pay it forward. As AfroTech previously reported, the retail giant announced this past April, that it will provide $2 billion in support toward products from over 500 Black-owned businesses. Now, they’ve announced in a blog post that they will be allocating $100 million in funding to Black communities through 2025. With this new commitment, they aim to fuel economic prosperity to Black-led organizations as a part of their Target Forward Strategy designed to ensure the company equitably represents the communities they serve. “As one of the largest retailers in the U.S., we know we have the responsibility and opportunity to use our resources to help end systemic racism and accelerate economic prosperity for Black communities,” said A manda Nusz , President and Corporate Responsibility senior of the Target Foundation, in a blog post. “With this commitment, we aim to support the next generation of Black talent, expand the impact of Black-led...
Oct 13, 2021
Nick Cannon surprised seven college students attending Historically Black Colleges and Universities (HBCUs) by agreeing to wipe out their student debt on “The Nick Cannon Show.” The television personality — who recently graduated from Howard University in 2020 — shared the brightest minds attend HBCUs, but crippling student debt can be a jarring obstacle students face upon their graduation. “I am so proud to be a part of an incredible legacy of HBCU graduates. Historically Black Colleges and Universities have played a pivotal role in developing some of the brightest minds and influencers of our time but the next generation of college students are concerned that the price of their education may be a little too high,” Cannon revealed in the opening segment. Seven HBCU students had the opportunity to share their testimonials which compelled them to attend an HBCU. Homelessness, toxic home environments and more were cited as personal struggles serving as the stepping stone for their...
Sep 30, 2021
Historically Black Colleges and University (HBCU) students make the world go round! According to a press release, JPMorgan Chase & Co has partnered with the United Negro College Fund (UNCF) to create the J.P. Morgan Chase Wealth Management HBCU Scholarship. The move is intended to provide support for the Black community by providing them with the resources to achieve business, career, educational and personal financial success. “Systemic racism is a tragic part of America’s history,” said Jamie Dimon, the banking giant’s chairman, and CEO in a press release. “We can do more and do better to break down systems that have propagated racism and widespread economic inequality, especially for Black and Latinx people. It’s long past time that society addresses racial inequities in a more tangible, meaningful way.” Available to students who will be full-time college sophomores in the Fall 2021 semester, the scholarship opportunity is for students who are interested in the financial planning...
Jun 10, 2021
The UNCF (United Negro College Fund) has made history, today, with the naming of Milton H. Jones, Jr. as the Chair of the Board of Directors. In a press release announcement, it was revealed that Jones — an Atlanta businessman known for his work with Peachtree Providence Partners, as well as a longtime civic leader — is the first Black man to hold the position of Chair of the Board of Directors. Jones succeeds longtime UNCF Board of Directors chair William F. Stasior, Sr., retired Chairman and CEO of Booz Allen Hamilton, who served as UNCF’s Chair for 11 years. “Since 1944, UNCF has played an integral role in changing the life trajectory for each student it has served, and l look forward to continuing that legacy,” said Jones, in the press release announcement. “Our member institutions and students remain the focus of our collective efforts. As we progress each year, we will grow our organization by building upon the strong foundation laid at UNCF’s inception and strengthened...
Mar 17, 2021
FanDuel and the Washington Football Team are giving back to HBCU students big time! On the heels of their mobile sports betting market partnership, FanDuel Group and the Washington Football Team have announced a $1 million contribution to the United Negro College Fund (UNCF), reports PR Newswire. The FanDuel/Washington Football Team Emergency Student Aid Fund is dedicated to supporting students who are currently enrolled in Virginia’s five Historically Black Colleges and Universities (HBCU). The fund will provide aid grants to students seeking emergency assistance for housing, food security, tuition, technology, and other education-related expenses. As an extension of its legal sports betting partnership in the state, both FanDuel and the Washington Football Team will provide the contribution to continue celebrating Black History Month as it comes to an end. “Supporting these institutions and these hard-working students, amidst enormous challenges related to COVID, is the right...
Feb 25, 2021