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 Spelman College receives record-breaking $100M gift for scholarships and academic advancement

February 11, 2024
in Black Media
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By Stacy M. BrownNNPA Newswire Senior Nationwide Correspondent@StacyBrownMedia

SpelmanCollege-Twitter-Photograph

(NNPA NEWSWIRE) – Famend businesswoman and philanthropist Ronda Stryker and her husband, William Johnston, chairman of Greenleaf Belief, have bestowed a monumental present of $100 million to Spelman School. The extraordinary donation is the biggest single contribution ever made to a traditionally Black school or college (HBCU).

In line with a information launch, Stryker, a faithful Spelman School trustee since 1997, has devoted a long time of her life to the development of ladies via greater training, championing alternatives for marginalized teams. The $100 million present coincides with Spelman School’s commemoration of the 100 years since its official naming in 1924, marking a historic event within the establishment’s wealthy legacy.

Officers mentioned 75 % of the donation is earmarked for establishing endowed scholarships to assist future college students. That transfer aligns with Spelman School’s dedication to attracting the brightest minds and dismantling monetary obstacles that will impede certified college students from pursuing training on the esteemed establishment, officers mentioned. The remaining $25 million will go in direction of initiatives akin to the event of a tutorial deal with public coverage and democracy, enhancements to pupil housing, and the availability of versatile funding to deal with important strategic wants.

“We’re invigorated and impressed by this unbelievable act of generosity,” mentioned Dr. Helene Gayle, president of Spelman School. “This present is a important step in our college’s mission to remove monetary limitations to beginning and ending a Spelman training. We are able to’t thank Ronda Stryker sufficient for her selflessness and assist as each a trustee and good friend. There’s little doubt that Spelman School is best due to her.”



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