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UNCF receives historic $100 million gift to support HBCU funding

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The United Negro College Fund (UNCF) has received a historic $100 million grant from Lilly Endowment Inc. to support its capital campaign. This marks the biggest single, unrestricted private investment ever made to UNCF, which the upper education advocacy organization intends to use to increase scholarships to historically Black colleges and universities (HBCUs).

The grants are used to support several priorities, including scholarships, faculty hiring and compensation, and facility improvements; but funding at HBCUs significantly exceed the outcomes of other institutions by at the least 70%. Receives a median Ivy League institution 178 times more foundation funding than the typical HBCU. USA Government Accountability Office study found that HBCU funding per student averages $15,000 compared with $410,000 at comparable non-HBCUs.

They were joined by UNCF leaders Lilly Endowment, Inc. President Jennett M. Hill made the announcement on January 11 at Clark Atlanta University (CAU), which is one in all the UNCF brings together 37 member institutions.

“After careful consideration, we have decided to use the Lily Endowment’s unrestricted grant to establish an HBCU shared endowment fund,” UNCF President and CEO Dr. Michael L. Lomax said during a press conference. “This fund, which has a $370 million goal, will increase the funding of each of our 37 member institutions by $10 million. This is a strategic move that strengthens the impact of the Lily Endowment’s transformational support.”

Dr. Lomax says that with this recent gift, UNCF has raised “$550 million towards its $1 billion capital campaign goal since the silent phase began in 2020. The majority of this funding has allowed us to provide larger scholarships to more students.”

This $100 million injection will immediately increase each UNCF member’s funding by $2.7 million, which is the quantity of existing funding for several HBCUs.

Pooled funds can offer HBCUs various advantages, including: – according to the UNCF statement, including “increased investment power enabling access to a wider range of investment opportunities in stocks, bonds and real estate that have the potential to generate higher returns.” The goal is also to promote collaboration and networking amongst HBCUs, which may lead to higher fundraising, greater visibility and improved financial stability. UNCF just as well launched the Institute of Philanthropy train fundraising professionals at HBCUs and other Black-led organizations.

Marc Barnes, UNCF senior vice chairman for capital campaign, said this historic donation is “far-reaching and long-lasting. This will change the financial trajectory of many HBCUs for years to come.”

CAU President and Chair of the UNCF Institutional Council, Dr. George T. French Jr., said this gift “will provide unprecedented support for the financial stability and continued success of UNCF member institutions. Our campuses stand ready to work with UNCF to achieve the $370 million goal in the combined unrestricted fund.”

According to UNCF, since UNCF’s founding in 1944, the Lilly Endowment has actively supported philanthropy. This $100 million follows a $50 million grant from the Lilly Endowment in 2015 that enabled UNCF to launch Career Pathways Initiative (CPI), which aimed to strengthen HBCU programs and opportunities to improve student profession outcomes.


This article was originally published on : www.blackenterprise.com
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Education

Howard University ranked No. 1 HBCU on Forbes America’s Top Colleges List

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Howard University, Forbes top colleges, HBCUs, Historically Black Colleges and Universities, theGrio.com

If ever there was a likelihood to return to the nation’s capital for Howard University’s Homecoming Dance, this could be it.

This yr’s festivities will likely be held not only to have fun the candidacy of considered one of the varsity’s distinguished graduates for the President of the United States, but in addition Forbes Magazine named the varsity one of the best amongst historically black colleges and universities.

Six HBCUs, including Howard, made the annual list of the five hundred, which is compiled from greater than 5,000 colleges and universities within the United States. The list recognizes the highest 500 schools that consistently “produce successful, high-earning, and influential graduates from all economic backgrounds, with less student debt.”

Howard was ranked 273rd, ahead of Spelman and sister school Morehouse in Atlanta, Florida Agricultural and Mechanical University (also referred to as FAMU), North Carolina A&T and Hampton University in Virginia.

“Howard University’s high standing among HBCUs adds momentum to our march toward higher standing as a national research institution,” he said in (*1*)release responding to the rating. “Howard’s singular impact on the intersection of intellectual discovery and global culture cannot be overstated, and we will continue to push the frontiers of knowledge to help the world solve its most pressing challenges.”

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Interestingly, the variety of HBCUs doubled from three last yr. The list also comes as highschool seniors begin preparing college applications in the brand new reality of an admissions process without affirmative motion. As a result, a growing variety of predominantly white institutions, including Harvard, are reporting significant declines in black enrollment. At least this yr’s list was intended to focus on schools with less exclusive admissions rates.

“While we don’t factor in acceptance rates in our rankings, this year we decided to ease some high school admissions anxiety by highlighting excellent schools that don’t have admissions rates below 10 percent, like Princeton, Stanford, and MIT,” the list’s authors wrote. “Thirty-eight of our top 100 schools accept more than 30 percent of applicants, and 16 of those accept 50 percent or more—in other words, great schools with less admissions stress.”

This article was originally published on : thegrio.com
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Education

Watch: How to Create Inclusive and Supportive Classroom Spaces | Life Hacks

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Bobby Morgan, Director and Founder of Liberation Lab, joins Life Hacks with Liana to discuss Liberation Lab and how to create inclusive and supportive spaces in classrooms.

“So I’ve been trying to build educators who can change the world through culturally responsive teaching and restorative practices,” Morgan continued. “I believe those are the 2 intersections where we are able to have probably the most impact, irrespective of what the external aspects could be: budgets might change, resources might change. But you possibly can still train teachers to be culturally responsive.

Watch the complete video and for more suggestions, click here.

This article was originally published on : thegrio.com
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As the new school year begins, enrollment of black students at many elite colleges is declining

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Affirmative action, Black college enrollment, Black college admissions, college enrollment decline, Back-to-school, theGrio.com

The first-class of freshmen is entering college since the Supreme Court struck down affirmative motion last year — and many elite colleges have already seen declines in black student enrollment.

After the Massachusetts Institute of Technology announced a decline in black student enrollment, two more schools in the state reported the same. Amherst College and Tufts University, each in Massachusetts, in addition to the University of Virginia, reported declines in black student enrollment of various degrees. Boston schools were hit harder, with black student enrollment at Amherst falling by a full 8%, based on the report. New York Times (NOW).

Initially enacted in 1965 and updated in 1968 to incorporate gender, affirmative motion provided equal employment opportunities regardless of race, sex, religion, and national origin. Affirmative motion in higher education ensured that every one students received fair consideration for admission.

As the NYT further reports, many of the nation’s most elite and selective colleges haven’t yet released their data. Enrollment numbers for other races have also not been widely reported. But the data don’t bode well for what this might mean for black enrollment.

Meanwhile, based on a recent study conducted by Boys and Men’s Institute of AmericaHistorically, black colleges and universities have experienced declining enrollment of black men. The report found that black men now make up 26% of the HBCU student population, down from 36% in the mid-Seventies.

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According to the study’s authors, there are several aspects which have led to the decline in Black HBCU enrollment, including an absence of proper K-12 integration. “Targeted interventions in K-12 education in Black communities, increasing the representation of Black male teachers, and expanding funding opportunities for HBCUs and their potential students can all help increase Black male enrollment,” the authors wrote, adding, “Reforms in these critical areas can help HBCUs realize their full potential to support the educational and economic advancement of Black males.”

The study also found multiple advantages of an HBCU education, including the undeniable fact that HBCUs usually tend to enroll students from lower-income families than non-HBCUs, and such students are nearly twice as prone to advance economically.

As PWIs and other non-HBCUs grapple with the lack of affirmative motion, it’ll be interesting to see what impact this could have on HBCU student enrollment.

While more data is needed to completely understand the picture that is potentially being painted, college admissions are also bracing for a steep decline in enrollment across the country for a spread of reasons. Younger generations are selecting vocational programs as an alternative of four-year colleges in greater numbers. Many are dropping out of college and entering the job market, citing the high cost of higher education. Not to say the undeniable fact that falling birth rate in americathere’ll simply be fewer young adults.

When the positive discrimination ban was first introduced last year, many black leaders in higher education spoke out to warn of the potential consequences.

Carlotta Berry, a black professor living in Indiana, he said at that point“When I sit down and think about the amount of microaggressions and bias that I’ve experienced, even in a world where affirmative action is in place, I just don’t want to imagine what black and brown students might be experiencing right now, when they go from being one of two or three to possibly one of one.”

This article was originally published on : thegrio.com
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