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Billionaire MacKenzie Scott Donates $1.06 Billion to Support HBCUs

Billionaire MacKenzie Scott Donates $1.06 Billion to Support HBCUs

Many people complain about billionaires not giving back, but philanthropist MacKenzie Scott has been consistently showing up for other people. On November 3, 2025, Spelman College announced that Scott donated an unrestricted $38 million gift to the school. This marks her second significant investment in the College in five years,