(AURN News) — Xavier University of Louisiana has received a major boost from billionaire philanthropist MacKenzie Scott, who donated $38 million to the historic HBCU. School officials say the contribution will support student services, expand affordability, and strengthen academic, professional, and social development programs.
“Ms. Scott’s belief in Xavier’s mission strengthens our resolve to carry forward the legacy of St. Katharine Drexel and prepare future generations to lead with truth, justice and service. This gift affirms who we are — and who we are becoming — at a pivotal moment in our history,” Dr. Reynold Verret, president of Xavier University of Louisiana, said in a statement.
Scott, the former wife of Amazon founder Jeff Bezos, is worth more than $39 billion, according to Bloomberg.
She has long been a significant supporter of HBCUs. USA Today reports that she has donated more than $740 million to HBCUs just this year.
Click play to listen to the AURN News report from Jamie Jackson:
The post Xavier University of Louisiana Receives $38 Million Gift From MacKenzie Scott appeared first on American Urban Radio Networks.
