Systemic barriers continue to persist in philanthropy when it comes to support for Black-serving nonprofits and Historically Black Colleges and Universities (HBCUs) These organizations receive just a sliver of the billions of dollars donated annually -- $450 billion in 2019 alone. Despite HBCUs serving as an incubator for Black talent and an engine boosting the Black middle class, these institutions lack sufficient government and philanthropic funding despite a track record of providing access and opportunities for first-generation and/or Pell Grant eligible students.
Even as recent high-profile donations have financially lifted some HBCUs, these institutions still face cumulative deficits from decades of underfunding and support. The trifecta of the Covid-19 pandemic, economic fallout and the reckoning on race highlight the critical role these institutions play in the workplace and the economy.
The philanthropic ecosystem is ripe for disruption. A targeted strategy to support HBCUs is needed to provide the infrastructure required for world-class research and optimal environments for learning. How can Black executives in c-suite roles leverage their growing presence to increase equity in individual and corporate giving? Which strategies are needed to more effectively engage with HBCU alumni to fuel endowments? Additionally, how can we ensure local communities are fully invested in and connected to their hometown HBCU?
We’ll bring together leaders from government, higher education, philanthropy and business to discuss how to ensure these institutions get the funding and support needed to continue their mission to educate and uplift diverse talent.