Historically Black Colleges Land $124 Million Donation to Boost Enrollment, Graduation Rates

Media September 13, 2023

“Blue Meridian first teamed up with the Transformation Project backers during the pandemic, sending $15 million in 2020 to help schools survive the crisis.

The philanthropy then invested in the HBCU Transformation Project—a collaboration among those three groups—last year, with a gift of $60 million. Shelton says the latest gift is a response to early signs of success, including significant enrollment and retention increases at some of the first partner schools.”

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