8 HBCUs share in $387M donation spree from MacKenzie Scott; Higher Ed Dive, November 5, 2025

Laura Spitalniak, Higher Ed Dive; 8 HBCUs share in $387M donation spree from MacKenzie Scott

"In 2019, the same year Scott divorced Amazon founder Jeff Bezos, she signed the Giving Pledge, a pact directed at the world’s wealthiest people to donate more than half their wealth.

“I have a disproportionate amount of money to share,” Scott, one of the richest women in the world, wrote in her pledge statement at the time. “And I will keep at it until the safe is empty.”

She still has quite a ways to go. As of this week, Bloomberg estimated Scott’s net worth at $42 billion — up from $39.4 billion last November.

Scott is now in the midst of another significant round of donations, and the notably private donor acknowledged the attention it would attract in a rare online statement last month.

“When my next cycle of gifts is posted to my database online, the dollar total will likely be reported in the news,” she said in an Oct. 15 blog post. But she characterized that amount as “a vanishingly tiny fraction” of the hundreds of billions of dollars in annual charitable giving in the U.S. each year “that we don’t read about online or hear about on the nightly news.”

Her most recent spate of HBCU donations include:

• $80 million to Howard University, in Washington, D.C.
• $63 million to Morgan State University, in Maryland.
• $50 million to Virginia State University.
• $42 million to Alcorn State University, in Mississippi.
• $38 million to Spelman College, in Georgia.
• $38 million to Clark Atlanta University, in Georgia.
• $38 million to Alabama State University.
• $38 million to The University of Maryland Eastern Shore.

Scott also donated $70 million in September to UNCF, the largest private scholarship provider for minority students in the U.S. The organization, which counts 37 private HBCUs as members, said the money would go to bolstering the long-term financial health of those colleges.

In 2020, Scott donated over $800 million to colleges, focusing much of the funding on HBCUs. In addition to their high-dollar value, her gifts stood out because they were unrestricted, and she did not appear to have a personal relationship with the recipients.

The Council for Advancement and Support of Education found that unrestricted contributions to surveyed colleges increased by nearly a third in fiscal 2021 compared to the year before, attributing much of that growth to Scott.

By early 2023, she had donated at least $1.5 billion to roughly six dozen colleges, with an emphasis on minority-serving institutions like HBCUs.

Foundations disproportionately give less to HBCUs compared to similar non-HBCUs, and public HBCUs have historically been underfunded by the government."

Larry Ellison Wants to Do Good, Do Research and Make a Profit; The New York Times, August 12, 2025

  Theodore Schleifer and Nicholas Kulish, The New York Times; Larry Ellison Wants to Do Good, Do Research and Make a Profit

"Mr. Ellison has rarely engaged with the community of Giving Pledge signers, according to two people with knowledge of the matter. He has cherished his autonomy and does not want to be influenced to support Mr. Gates’s causes, one of the people said, while also sensitive to any idea that he is backing off the pledge.

But the stakes of Mr. Ellison’s message on X are enormous. His fortune is about 10 times what it was when he signed the pledge as the software company he founded, Oracle, rides the artificial intelligence boom. Mr. Ellison controls a staggering 40-plus percent of the company’s stock...

“Oxford, Cambridge and the whole university sector are under pressure to capitalize on intellectual property because of long-running government policy belief that the U.K. has fallen behind economically,” said John Picton, an expert in nonprofit law at the University of Manchester."

ALA Receives Major Gift to Fund Scholarships; American Libraries, December 9, 2024

American Libraries; ALA Receives Major Gift to Fund Scholarships

"James W. Lewis, of Washington, D.C., fondly remembers trips to the public library in his hometown of New Bern, North Carolina. As a preschooler, Lewis’s parents would take him to the library, housed in the historic John Wright Stanly House.

From those early memories to his more recent involvement serving on the Board of Trustees of the District of Columbia Public Library (DCPL), Lewis has maintained a special connection to libraries.

Lewis has made the largest individual bequest to the American Library Association in the Association’s history. The approximately $25 million bequest is truly transformational and will fund scholarships for aspiring librarians, ensuring future generations of highly educated and committed librarians prepared to meet the informational needs of their communities, according to Leslie Burger, ALA interim executive director.

Lewis’s gift will fund library school scholarships for students with demonstrated financial needs. These scholarships will benefit legions of young people who would otherwise be unable to pursue professional librarianship."

Ocean City Man Wills Nearly $150,000 to Library; OCNJDaily, November 13, 2023

MADDY VITALE,OCNJDaily; Ocean City Man Wills Nearly $150,000 to Library

"There was one reason that stood out why Haines may have left funds to his local library, Barse said. Haines spent his career as a librarian.

According to his obituary, Haines served as an academic librarian in colleges in New York and Chicago, retiring from Sarah Lawrence College in Bronxville, N.Y.

Barse emphasized what a kind thing Haines did to remember his local library.

“It is a very generous gift,” Barse said, adding that Haines did not even ask that his name be placed on anything in honor of his contribution.

Ocean City Interim Schools Superintendent Dr. Scott McCartney, a representative to the library board, asked if the funds were restricted or unrestricted.

Barse said that they were unrestricted.

Haines only wished that those who received the funding do as they see fit to benefit the charities, he pointed out.

“He was just a good person,” Barse added."

An angry historian ripped the ultrarich over tax avoidance at Davos. Then one was given the mic.; The Washington Post, January 31, 2019

Eli Rosenberg, The Washington Post; An angry historian ripped the ultrarich over tax avoidance at Davos. Then one was given the mic.

"Rutger Bregman, a Dutch historian and author who studies poverty and global inequality, had a first this year: being invited to the world’s most prominent gathering of wealthy people — the World Economic Forum’s annual meeting in Switzerland — as a speaker...

[Bregman]...decided to say something during the panel discussion about income inequality he was on, hosted by Time magazine on Friday. He started by saying that he found the conference’s mix of indulgence and global problem-solving a bit bewildering.

“I mean 1,500 private jets have flown in here to hear Sir David Attenborough speak about how we’re wrecking the planet," he said. "I hear people talking the language of participation and justice and equality and transparency. But then almost no one raises the real issue of tax avoidance. And of the rich just not paying their fair share. It feels like I’m at a firefighters conference and no one is allowed to speak about water.

“This is not rocket science,” he said. “We can talk for a very long time about all these stupid philanthropy schemes, we can invite Bono once more, but, come on, we got to be talking about taxes. That’s it. Taxes, taxes, taxes — all the rest is bulls---, in my opinion.”