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.
- Mississippi College will change its name and drop its football program - November 18, 2024
- Doctors group asks state Supreme Court to clarify that abortions are illegal in Mississippi - November 18, 2024
- Marshall Ramsey: Healing - November 17, 2024