The study -- conducted by the philanthropic research group Candid and ABFE, a nonprofit that advocates for investments in Black communities – found that the eight Ivy League schools received $5.5 billion from the 1,000 largest U.S. foundations compared to $45 million for the 99 HBCUs in 2019. Between 2002 and 2019, foundation support of HBCUs declined 30%, even before inflation is taken into account.
"We were not surprised by the findings because philanthropy generally funds Black-led nonprofit organizations disproportionately less than other similarly situated organizations," said Susan Taylor Batten, ABFE's president, and CEO. "However, we were surprised by the data that indicated the enormity of the disparate funding between Ivy League colleges and HBCUs."
Some study participants blamed systemic racism for the underfunding. Others said it was a result of limited connections between philanthropists and HBCU leaders.
In any case, the disparity is even more problematic, experts say, because HBCUs have proven themselves so effective in educating Black students.
This story is from the May 05, 2023 edition of Scoop USA Newspaper.
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This story is from the May 05, 2023 edition of Scoop USA Newspaper.
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