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HBCU’s Receive Less Money From Foundations Than Ivy League Schools

Black College Experience: Homecoming
Black Male enjoying college atmosphere


A new study conducted by Candid and The Association of Black Foundation Executives showed that HBCUs (historically black colleges and universities) have been receiving much less funding from the nation’s largest foundations compared to Ivy League universities.


The report also showed that in a 17-year span from 2002 to 2019, well-known foundations reduced their financial support by $45 million.


According to the report, HBCUs received $45 million, but the eight American Ivy League schools received $5.5 billion from the 1,000 largest foundations in the U.S.