Alcorn State University received the largest gift from a single donor in its history.
MacKenzie Scott, an author and philanthropist, made a $25 million donation to the university, the school announced on Tuesday.
“This gift is truly transformational and we are humbled by Ms. Scott’s generosity,” Alcorn President Felecia M. Nave said in a release.
The gift doubles the size of Alcorn’s endowment and allows the university to enhance its academic offerings.
Scott announced this week that she gave $4.1 billion to 384 organizations in all 50 states, just four months after donating $1.7 billion to 116 organizations.
Scott also donated to Tougaloo College and the Mississippi Food Network, according to a list she released this week. It is unclear how much those entities received.
Scott, the ex-wife of Amazon founder Jeff Bezos, is the 18th richest person in the world, with a net worth of over $60 billion. She is also the richest woman in the world.
The post The world’s richest woman doubled Alcorn’s endowment with $25 million donation appeared first on Mississippi Today.
- State-funded project to improve Jackson cul-de-sac near lawmaker’s home moves forward - October 17, 2024
- If you count unspent millions, high denial rate and mysterious outcomes, the TANF scandal persists - October 16, 2024
- Attorney General Fitch sides with Idaho in abortion lawsuit - October 15, 2024