• Home
  • News
  • Fortune 500
  • Tech
  • Finance
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
SuccessEducation

8 Ivy League schools got $5.5 billion in donations from foundations in 2019, while the 99 historically Black colleges and universities got $45 million

By
Glenn Gamboa
Glenn Gamboa
and
The Associated Press
The Associated Press
Down Arrow Button Icon
By
Glenn Gamboa
Glenn Gamboa
and
The Associated Press
The Associated Press
Down Arrow Button Icon
May 2, 2023, 10:24 AM ET
Brown student jumps rope
Brown University student Connor Kraska shows off his skill while jumping rope on campus. Erin Clark/The Boston Globe via Getty Images

The average historically Black college and university received 178 times less funding from foundations than the average Ivy League school in 2019, according to a new report on the underfunding of HBCUs released Tuesday.

Recommended Video

The study — conducted by the philanthropic research group Candid and ABFE, a nonprofit that advocates for investments in Black communities — found that the eight Ivy League schools received $5.5 billion from foundations compared to $45 million for the 99 HBCUs in 2019. Between 2002 and 2019, foundation support of HBCUs declined 30%, even before inflation is taken into account.

“We were not surprised by the findings because philanthropy generally funds Black-led nonprofit organizations disproportionately less than other similarly situated organizations,” said Susan Taylor Batten, ABFE’s president and CEO. “However, we were surprised by the data that indicated the enormity of the disparate funding between Ivy League colleges and HBCUs.”

Some study participants blamed systemic racism for the underfunding. Others said it was a result of limited connections between philanthropists and HBCU leaders.

In any case, the disparity is even more problematic, experts say, because HBCUs have proven themselves so effective in educating Black students.

According to the UNCF, the nation’s largest private provider of scholarships and other educational support to Black students, HBCUs account for 80% of Black judges, 50% of Black doctors, and 50% of Black lawyers. Studies show that Black HBCU graduates earn $900,000 more in their lifetimes than Black graduates from predominantly white institutions or Black workers without college degrees.

Those arguments may have become more convincing in the racial reckoning that followed the police killing of George Floyd in Minneapolis in 2020. Preliminary estimates showed a 453% increase in foundation funding to HBCUs in that year.

That $249 million in donations does not include the $550 million that philanthropist MacKenzie Scott gave to 22 HBCUs that year, including $50 million to Prairie View A&M University in Texas.

Grace Sato, Candid’s director of research, said the interest in HBCUs in 2020 allowed her organization to work on the study released Tuesday. Candid had been interested in researching donations to HBCUs for five years, but could not find a partner to help finance the work.

“I think understanding the context for the historic disinvestment sheds new light on this new funding and also calls into question whether that new funding is going to be sustained or is just a blip followed by declines,” she said. “Shining a light on the issue of underfunding is important and necessary.”

Batten said her nonprofit’s goal is to encourage philanthropic groups to direct their donations equitably. She hopes this report will convince foundations to examine their grantmaking practices and consider increasing their donations to HBCUs.

“Philanthropy tends to fund organizations that they know,” Batten said. “Philanthropy does not know HBCUs and has little knowledge about the importance of HBCUs in the education of Black people and others. Additionally, I believe that philanthropy has a false sense that the quality of research and education is superior at (predominantly white institutions) in comparison to the quality of research and education at HBCUs.”

_____

Associated Press coverage of philanthropy and nonprofits receives support through the AP’s collaboration with The Conversation US, with funding from Lilly Endowment Inc. The AP is solely responsible for this content. For all of AP’s philanthropy coverage, visit https://apnews.com/hub/philanthropy.

Fortune Brainstorm AI returns to San Francisco Dec. 8–9 to convene the smartest people we know—technologists, entrepreneurs, Fortune Global 500 executives, investors, policymakers, and the brilliant minds in between—to explore and interrogate the most pressing questions about AI at another pivotal moment. Register here.
About the Authors
By Glenn Gamboa
See full bioRight Arrow Button Icon
By The Associated Press
See full bioRight Arrow Button Icon
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.