Why This Major Antipoverty Funder Is Ramping Up Its Investment in HBCUs

Media September 13, 2023

“HBCUs and the HBCU Transformation Project are a good fit for Blue Meridian Partners, which ‘seeks to transform the life trajectories of young people and families in poverty.’

‘[Blue Meridian Partners’] primary mission is finding scalable solutions that promote economic and social mobility; that’s the core of our work,’ said Nicholas Pelzer, senior director, portfolio, at Blue Meridian Partners. ‘Several years ago, we were going through a planning process, and we spent a lot of time probing what is the most efficient way to increase socioeconomic mobility. And HBCUs, frankly, rose on the list as one of the top answers, because all the data shows that they’ve been engines for Black economic mobility and sources of Black leadership.'”

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