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What's the total in donations from Oprah, LeBron James, the Kobe Bryant estate, Michael Jordan, all these wealthy rappers like Jay-Z?
Netflix CEO Reed Hastings Gives $120 Million To Historically Black Colleges
Reed Hastings, the co-founder of Netflix, and his wife, Patty Quillin, donated $120 million to the United Negro College Fund, Spelman College and Morehouse College, the largest-ever individual gift to support scholarships at historically black colleges and universities. The record donation comes amid protests after the police killing ofGeorge Floyd, and the national conversation about how to end systemic racism. That conversation has included discussions about how to provide more education and job opportunities for African Americans. Unlike the Ivy League universities that have endowments in the tens of billions of dollars -- Harvard University's endowment tops $40 billion -- the top historically black colleges and universities, or H.B.C.U.s, have endowments that are hundreds of millions of dollars. Spelman's, for example, is around $390 million. Mr. Hastings said he and Ms. Quillin wanted to help change that.
They have made education a primary focus of their philanthropy, and have given smaller amounts in the past several years to the same ins utions. "I think white people in our nation need to accept that it's a collective responsibility," Mr. Hastings said. Mr. Floyd's killing and the emotional outpouring that followed were "the straw that broke the camel's back, I think, for the size of the donation," he added. Mr. Hastings said he hoped that the donation would lead other wealthy individuals to give to H.B.C.U.s. "Generally, white capital flows to predominantly white ins utions, perpetuating capital isolation," he and Ms. Quillin said in a statement announcing the donation on Wednesday.
The report adds that 7 percent of Netflix's employees in the United States are African-American, "as are 8 percent of its company leaders, which is among the highest in the technology industry (but still only about half the share of African-Americans in the overall population)."
What's the total in donations from Oprah, LeBron James, the Kobe Bryant estate, Michael Jordan, all these wealthy rappers like Jay-Z?
Billionaire CEOs good now.
Wow that's quite a sacrifice. Hope the dude can get by on the $4.8B he has left.
He'll be able to keep all the blacks on the plantation and make due.
racist derp mode.He'll be able to keep all the blacks on the plantation and make due.
Wreck clutching her pearls.
Those are all well known philanthropists, tbh... hopefully they're doing their part too...
One would hope, tbh, especially since with the conservative boycott going on...
None of them would give you a cup of water if you were on fire unless a camera was rolling, tbh.
Those schools have little diversity. They don't belong in today's new America.
It's okay for blacks to be segregationists. Ask the Chumpettes.
Also you're kind of 180'ing on all your sh**.
In America, I am a chameleon my friend. Moving all the time growing up developed humor, thick skin and ability to adapt to any cir stance
Easiest trigger in recent spurstalk history, ELNono
Well played
That's fine, I can get my own water.
how much is the fund donated so far?...wont make a difference
400years in america, still playing the race card, yet new immigrants come to america with 2 blank hands do any job to change their fate...beats coming where they come from...
Even after death, you farmers bring Kobe up for no damn reason. WTF son?
Good tbh. That's a start.
We know Black colleges don't get the funding Duke, Ohio State and many many other colleges non-Black get.
I think all black superstar athletes should go Howard and other black colleges. Stop going to UNC or UT or Bama. When Black colleges recruit stars, it will attract ESPN and other revenue streams, etc. This will begin the overdue process of leveling the playing field a bit for minorities.
Okay so what's the total they've donated to historically black colleges and universities?
Great ing idea Horatio, let's go to a Mexican system. We should move back to segregation and have the Negro baseball league too. That's a great idea. Why didn't anybody think of that?Good tbh. That's a start.
We know Black colleges don't get the funding Duke, Ohio State and many many other colleges non-Black get.
I think all black superstar athletes should go Howard and other black colleges. Stop going to UNC or UT or Bama. When Black colleges recruit stars, it will attract ESPN and other revenue streams, etc. This will begin the overdue process of leveling the playing field a bit for minorities.
Dunno, you brought them up, you should know.
I brought up his estate. He's worth about seven hundred million dollars. How much has he given to historically black colleges and universities? He would not even let his parents have a ing dime.Even after death, you farmers bring Kobe up for no damn reason. WTF son?
That coz his parents were , tbh... he got those genes from somewhere.... all these athletes have foundations to lower their tax bills, tbh
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