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Stillman College has received investments to support the success of its students. $2 Million Donation According to Tuscaloosa News, the historically Black college and university (HBCU) received a $2 million donation from founder Rev. Charles Allen Stillman’s great-grandson, Charles M. Stillman, and his wife. The investment will support scholarships, programs, and campus and faculty improvements. “This remarkable gift from Dr. Charles M. Stillman and his wife not only honors the legacy of Rev. Charles A. Stillman but also propels the college toward a stronger and more sustainable future. As part of the funds raised during the Alabama Power Community Giving Reception, it reflects the collective commitment of individuals and organizations who believe in our mission to transform lives through education,” Kimberly Woodard, Stillman College’s vice president of institutional advancement, said in the news release. Stillman College President Yolanda Page commented: “We are deeply honored by...
Ben Horowitz, co-founder of the venture capital firm Andreessen Horowitz (a16z), has shifted his personal political support for the presidential election, now pledging donations to Kamala Harris’ campaign after previously backing Donald Trump. In an email update to a16z supporters about “political activity,” Horowitz said Harris has been a “great friend” to him and his wife, Felicia — who is Black — in the 10 years they’ve known her. He noted the vice president’s support for their firm in its early days, mentioning her involvement in events that helped establish the Cultural Leadership Fund network, which supports Black cultural leaders and organizations. “As a result of our friendship, Felicia and I will be making a significant donation to entities who support the Harris Walz campaign ,” Horowitz wrote, per Business Insider. However, he added that a16z remains committed to positions aligned with its “Little Tech Agenda,” focusing on candidates who advocate for a strong startup...
It’s hard not to be ecstatic about a $237.75 million donation to any educational organization, especially historically black colleges and universities . Florida Agricultural & Mechanical University (FAMU) president Larry Robinson was gleeful and already picturing the possibilities of what the HBCU could do with those funds. The donor, who initially requested to be anonymous, agreed to distribute 14 million shares of stock of intrinsic value plus an additional $61 million over the course of 10 years. Unfortunately, that donation from what we now know as the (former) Isaac Batterson Family 7th Trust and Batterson Farms CEO Gregory Gerami didn’t hold up. With minimal information about the CEO and even less about the company, FAMU had to pause the donation. “I take full responsibility for this matter and the ensuing fallout,” Robinson told FAMU trustees, according to a Forbes report . “I wanted it to be real and ignored the warning signs along the way. There was no personal gain, but...
For anyone who gets frustrated with their partner’s gaming habits, Tee Grizzley may have some news to change your mind. During an appearance on the “Earn Your Leisure” podcast , the rapper and gamer pro shared that he has “made millions” from simply playing video games. “The way to make money, you gotta know how to repurpose things,” Tee Grizzley explained, detailing how he generates income through Twitch. “Boom, you got subscribers, you got ads, you got people that can donate to you — and the sky’s the limit with all that stuff.” View this post on Instagram A post shared by VSG Entertainment (@vsgent) He continued, “With your videos saved, so you can take those videos [and] you can make content out of them on your TikTok, your Instagram, YouTube. You can [even] get a bag off Snapchat.” This isn’t the first time Grizzley has highlighted his lucrative gaming ventures. As AFROTECH™ reported, in a 2022 interview with the “Million Dollaz Worth Of Game” podcast, Grizzley shared that...
New beginnings are on the horizon for Kevin Ford. As AFROTECH™ previously reported, Ford worked at Burger King and had never missed a day of work for 27 years. The company awarded his years of service with a goodie bag that included a movie ticket, candy, a Starbucks cup, a lanyard, two pens, and two keychains. However, when a video of him receiving his gift went viral, social media users believed that was not enough to reflect Ford’s years of dedication. So, supporters started contributing to a GoFundMe campaign that one of his daughters had created to help him afford a travel ticket to visit family. The campaign had reached more than $212,000 by June 2022. “I just can’t believe this. Thank you, thank you, everybody,” he expressed at the time during a “TODAY” interview with his family. “I just want to tell everybody out there, ‘Thank you for every cent.’ Just the thought of watching the video and just having a reason to smile. I want to thank everybody.” He continued: “There’s been...
North Carolina’s Fayetteville State University has landed a whopping donation set to support its students further. WTVD-11 reports that the HBCU received an anonymous donation of $750,000. The donation will aid Fayetteville State University’s free summer school called 30/60/90. The outlet details that the summer school program works to assist students with decreasing their student debt. What’s more, it focuses on students earning their degrees early. According to the summer school program’s website, the scholarship covers two courses or up to seven credit hours for undergraduate students, one course or up to three credit hours for graduate and doctoral students in the College of Education, book rental fees, other fees, and on-campus housing and meals. “The financial aid, they help me,” Deborah Cathcart, a rising sophomore student at Fayetteville State University, said per WTVD-11. She continued, “It helps me so much…this school, they introduce such an easy and just a practical way...
HBCU Howard University has received a record-breaking donation. According to a press release provided to AFROTECH™, Howard University has become the recipient of a $5 million donation from Autodesk, a global leader in design and technology, as part of a collaboration the two have shared for six years. The company additionally allows its software to be used in classrooms at no cost to students and educators. The new funding will support the College of Engineering and Architecture’s Design and Make lab to provide software and state-of-the-art equipment, as well as educators who will empower the future engineers. This marks the largest unrestricted philanthropic donation in the college’s history, according to the release. “We’ve been fortunate to have a long relationship with Autodesk that has truly benefited our students. This gift is yet another way in which Autodesk is helping to set our students up for success,” Howard University professor and department chair of mechanical...
This Tuskegee, AL-based Historically Black College and University (HBCU) has received a whopping donation. According to a news release, an anonymous donor has donated $20 million to Tuskegee University, which is going toward developing STEM programs and applied research. “This gift will allow us to invest in our students, faculty, programs and infrastructure, enabling us to enhance our academic reputation, enrich the student experience, and continue our work to reach milestones within our strategic plan,” Tuskegee University President Dr. Charlotte P. Morris shared in a statement. “It will provide additional resources for us to implement vital initiatives, further securing the campus, and foster a more dynamic community.” She continued, “We are grateful for this extraordinary act of philanthropy, which will undoubtedly leave a lasting impact on our university and its community. This contribution is a testament to our collective efforts and the enduring trust inspired by the Tuskegee...
MacKenzie Scott’s latest Yield Giving Open Call exceeded its initial expectations. In March 2023, Yield Giving, founded by the billionaire and philanthropist, launched the initiative to back community-led, community-focused organizations that actively support people “in places experiencing the greatest need in the United States,” per the organization’s website. On Mar 19, 2024, CNN reported that Scott donated $640 million to 361 non-profits. Initially, 250 organizations were to be awarded $1 million each. However, with over 6,000 applicants, the donation plan expanded. “We are excited that our partnership with Yield Giving has resonated with so many organizations,” said Cecilia Conrad, CEO of Lever for Change — which managed the Yield Giving Open Call — per the release. “In a world teeming with potential and talent, the Open Call has given us an opportunity to identify, uplift, and empower transformative organizations that often remain unseen.” According to the release, Birthing...
It can be a bittersweet feeling when students at Historically Black Colleges and Universities (HBCUs) are proud to rep their school while also facing the challenges that may come with attending one. According to a 2022 report by the Hope Center for College, Community, and Justice (Temple University), out of a surveyed 5,000 students from 14 private and public HBCUs in the fall of 2020, 46% shared that they “ lacked sufficient food a month prior to when the survey was taken.”
