Inequity in Funding for Historically Black Colleges and Universities

I was saddened to see a recent study by Candid and ABFE, showing that on average, Historically Black Colleges and Universities (HBCUS) received 178 times less funding from foundations than the average Ivy League school in 2019.

In fact, the eight Ivy League universities received $5.5 billion from the 1,000 largest U.S. foundations compared to just $45 million for the 99 HBCUs in 2019. This shocking disparity shows that foundations still have a “long way” to go to address historic inequalities and systemic racism in higher education.

How can we best address this urgent problem going forward?