Spelman College, a private women’s college in Atlanta, will receive a $100 million gift, which the school says is the largest single donation to a historically Black college or university. The donation comes from longtime Spelman trustee Ronda Stryker and her husband, William Johnston, the chairman of the wealth management fund Greenleaf Trust, the college announced in a release. “This gift is a critical step in our school’s mission to eliminate financial barriers to starting and finishing a Spelman education.”The historic $100 million gift comes as Spelman marks 100 years since its naming in 1924. There’s no doubt that Spelman College is better because of her,” Gayle said. They previously bestowed Spelman with $30 million – the largest gift the college had received from living donors – and gifted $100 million to Western Michigan University in 2011 to help create the institution’s Homer Stryker medical school.

Source: CNN January 20, 2024 00:07 UTC