Author Archives: hbcumoney

The Tupac Doctrine: A Strategy For HBCUs Taking Back Social Capital From PWIs

“He will win who knows when to fight and when not to fight.” – Sun Tzu

Unapologetically for African America and its interests. This is the message that HBCUs needs to send its own community.  After all, this is the message the European American citizenry of the United States has always made clear to their population since the Europeans arrived on occupied land and it continues to be the message it has laid in its policy when it interacted with the rest of the world. Their social, economic, and political interest were first, second, and third priority and they would build and defend those institutions at all cost. The only time others are welcomed to be a part of their institutions is if they are serving to enrich their interests.

It is no secret that HBCUs since desegregation have seen a rapid decline in the opinion of African Americans who sought the perceived colder ice of America’s historically white colleges and universities. Currently, between 10-12 percent of African Americans college eligible choose HBCUs. The reasoning that if you could get inside, then you too would enjoy the spoils of association with whiteness and if we all just tried hard we could get our fair share of their pie. We bought into the idea that access for 1 out of 100 at the expense of the 99 is progress.

Unfortunately, at every turn HWCUs seemingly have outmaneuvered us with resources while siphoning many of our best and brightest minds for their academics and best bodies for their sports, all while maintaining a firm grip on the power their institutions wield.  They have sold African America a lie of inclusion, when in reality nobody can include you without relinquishing their own interest – something that over and over is clear they will not do without a fight. The better question is why have we so long been naive to this reality. Our invite into their institutions has been nothing more than a misdirection of us being occupied by access to them, while systemically ignoring and destroying our own institutions without so much a shot being fired. They have in fact used our desire to have access to their love and affection as Ossie Davis said once to manipulate us into continuing to keep their institutions as that which we should all strive to achieve and pursue.

In fact, specifically to the fact of higher education and HWCU consumption of African America’s intellectual capital for its own gain, it has been utterly fascinating as HWCU/PWIs have tried to create almost a bubble of an HBCU on their campus to appease their chosen “few”. Everything from a welcome mat of the Divine 9, Black Student Organizations, to in the case of the University of Virginia’s Black Alumni Weekend. Irony of sorts given the school’s recent hosting as well of white supremacist groups on their campus. Yet, despite all these wonderful packages and smoke and mirrors at the end of the day there is no denying that African American students face hostilities by their mere presence that they would not face at institutions built for their interests and by their forebears.

Here is a snapshot of recent racially charged events on the campuses of PWI/HWCUs:

  • The “N” word is written on African American student dorm rooms and possessions at University of Michigan. (2017)
  • University of Virginia is ground zero for protests over confederate statues in the college’s town. A bystander ends up dead in the chaos. (2017)
  • White supremacist posters are put up on the office doors of African American faculty at Indiana University. (2017)
  • Sorority at Samford University makes shirts depicting slaves picking cotton for their formal dance. (2016)
  • An African American student is assaulted at East Carolina University with police concluding it was racially motivated. (2016)
  • UNC-Chappell Hill academic fraud that used African American athletes for financial gain, but provided no real education to them during their matriculation. (2013)

The first five of these events have happen within the past eighteen months at the time of this publication and by no means the only as the history of racial incidents at HWCU/PWIs is littered with enough it would require an encyclopedia to catalog them all. Now, in fact historical incidents of racial strife at white colleges is used as good PR for them as a sign of their progress in racial justice that these incidents are of the past and that those African Americans were “trailblazers” of sort making the world a better place by forcing institutions to deal with their outwardly blatant prejudice and disregard for African America empowerment. However,  where do you not see racially motivated incidents in the history books or present media? At HBCUs, not even toward white students who are at HBCUs do we hear such claims of verbal or physical abuse being experienced.

HBCUs, HBCU alumni, and HBCU support institutions need to stop being quiet about this. It is time to take a page out of one of the greatest diss record’s of all-time by noted hip-hop legend and Pan-Africanist, Tupac Shakur. The record, Hit ‘Em Up, was directed at his bitter rival Christopher “Biggie” Wallace, but certainly not limited too him as those even around Wallace would feel the ire of Tupac’s ire in the song. During the song, Tupac put the niceties of subliminal lyrics and instead went straight after his enemy with a visceral barrage of lyrics in layman’s vocabulary that left nothing to the imagination of his grievances with his rival.

The HBCU community must stop playing nice about the recruitment of African American students and let them know who truly represents their interest versus those who just want them for appropriation. Perhaps HBCUs do not want to muddy themselves directly publicly with such a campaign, but it is clear that HBCU support organizations and something along the line of creating HBCU PACs could be formed to run campaigns that spell it out bluntly for this new generation of potential HBCU students. Explaining to them that even if you gain access to the academics, simply put, we are still excluded from the power because those institutions were not built to serve our interests. That we have instead found ourselves on academic plantations where the board of trustees, major donors, and the power structure that is remains rooted in the interest of European Americans whom it was built to serve. For this, we can not fault them because they are looking out for their interests. However, where we can be faulted is not looking out for our own interest and ensuring that African America understands African American institutions like HBCUs, communities, businesses, etc are here to do just that. If it means continuing to point out just how blatantly PWI/HWCUs have and continue to use us, then so be it.

An HBCU is a place where an average student can still be great because they are not walking into a classroom having to uphold the entire race. They are allowed to have the emotional and mental space to be and grow into themselves. Things like this need to be continuously reminded to African American parents and potential students and if it must be done juxtaposition against the pains of African American students at PWIs, again then so be it. Oh, and we do not need a Black Alumni Weekend, we just call it Homecoming. Hit ‘Em Up and put a flamethrower to their ice.

HBCU Money™ Presents: The George W. Carver 2015’s Top 20 HBCU Research Institutions

HBCUs continue to go backwards in the research field according to the latest National Science Foundation data. In 2014, research expenditures for the top 20 HBCUs combined for $445.4 million, while 2015 combines for $425.7 million. This represents a 4.4 percent drop year over year and 5.5 percent drop from two years ago.

  • The top ranked HBCU is Howard University at 197 and the twentieth ranked Xavier University of Louisiana is listed at 326 in America’s college research landscape.
  • MEAC maintains the way with eight schools versus the SWAC dropping to three after Alcorn State University gave way to XUL.
  • Division II/III schools also comprise four schools on the list, an increase from two in 2014.
  • 1890 HBCUs, land-grant universities, make up for seven of the twenty top HBCU research universities.

Rank. HBCU. Previous Year In Parentheses.

  1. Howard University – $47.3 million ($40.7M)
  2. Florida A&M University – $46.5 million ($46.4M)
  3. North Carolina A&T State Univ. – $35.2 million ($35.0M)
  4. Morehouse School of Medicine – $33.4 million ($41.9M)
  5. Alabama A&M University – $29.2 million ($29.5M)
  6. Tuskegee University – $25.7 million ($24.9M)
  7. Jackson State University – $23.9 million ($26.6M)
  8. University of the Virgin Islands – $20.6 million ($20.4M)
  9. Tennessee State University – $20.0 million ($20.1M)
  10. Delaware State University – $16.0 million ($17.7M)
  11. Hampton University – $14.9 million ($11.2M)
  12. Charles Drew University of Medicine – $14.1 million ($20.7M)
  13. Meharry Medical College – $14.0 million ($19.0M)
  14. Fayetteville State University – $13.7 million ($14.7M)
  15. Morgan State University – $13.6 million ($15.7M)
  16. Prairie View A&M University – $13.1 million ($12.3M)
  17. South Carolina State University – $12.6 million ($12.7M)
  18. North Carolina Central University – $12.4 million ($11.5M)
  19. Clark Atlanta University – $9.9 million ($9.2M)
  20. Xavier University of LA. – $9.6 million ($9.3M)

TOP 20 COMBINED TOTAL: $425.7 million ($445.4 million)

Additional Notes

The HWCU-HBCU gap for research among top 20 research institutions is 50:1

Top 20 HWCUs Combined: $21.1 billion ($23.2 billion)

Top 20 Average HWCU – $1.1 billion vs. Top 20 Average HBCU – $21.3 million

Top 20 Median HWCUs – $990 million vs. Top 20 Median HBCU – $15.5 million

Source: National Science Foundation

HBCU Money™ Business Book Feature – Wired to Create: Unraveling the Mysteries of the Creative Mind

Is it possible to make sense of something as elusive as creativity? Based on psychologist Scott Barry Kaufman’s groundbreaking research and Carolyn Gregoire’s popular article in the Huffington Post, Wired to Create offers a glimpse inside the “messy minds” of highly creative people. Revealing the latest findings in neuroscience and psychology, along with engaging examples of artists and innovators throughout history, the book shines a light on the practices and habits of mind that promote creative thinking. Kaufman and Gregoire untangle a series of paradoxes— like mindfulness and daydreaming, seriousness and play, openness and sensitivity, and solitude and collaboration – to show that it is by embracing our own contradictions that we are able to tap into our deepest creativity. Each chapter explores one of the ten attributes and habits of highly creative people:

Imaginative Play * Passion * Daydreaming * Solitude * Intuition * Openness to Experience * Mindfulness * Sensitivity * Turning Adversity into Advantage * Thinking Differently

With insights from the work and lives of Pablo Picasso, Frida Kahlo, Marcel Proust, David Foster Wallace, Thomas Edison, Josephine Baker, John Lennon, Michael Jackson, musician Thom Yorke, chess champion Josh Waitzkin, video-game designer Shigeru Miyamoto, and many other creative luminaries, Wired to Create helps us better understand creativity – and shows us how to enrich this essential aspect of our lives.

The Finance & Tech Week In Review – 8/12/17

Every Saturday the HBCU Money staff picks ten articles they were intrigued by and think you will enjoy for some weekend reading impacting finance and tech.

Iran has opened possibly the world’s biggest bookstore / WEF wef.ch/2vfXAUU

Stocks dominated by short-run fluctuations in volume have returns abnormally higher vs. similar stocks / NBER bit.ly/2vKAuGI

How to Help Colleges Teach Financial Literacy / WSJ ow.ly/JJG230emoTX

Welcome to China’s urban forest / WEF wef.ch/2ulBHVv

This is when a robot is going to take your job, according to Oxford University / WEF wef.ch/2wqaiPi

Not just a headache: How migraine changes your brain / New Scientist bit.ly/2uwYbik

A look at the infrastructure needs of the nation’s treasured sites / Pew Trusts ow.ly/BDUW30emoBt

Are German Automakers Facing Their iPhone Moment With Tesla? / Clean Technica ow.ly/agpA30emoz7

How the Infamous Kunlun Fishing Ship Met Its Demise / Pew Trust ow.ly/LhEF30emovI

A look at Rwanda’s genocide helps explain why ordinary people kill their neighbors / Science News ow.ly/gx6D30emotv

2016’s Million Dollar Donations Come Roaring Back For PWIs, But For HBCUs Not So Much

After a timid 2015 where colleges and universities only saw 482 donations and pledges over $1 million, this was the first time since 2012 that less than 500 such donations had been made, donors came roaring back in 2016 with the largest amount of $1 million or more donations ever with 567 such donations and pledges according to The Center of Philanthropy. However, a rising tide does not always lift all boats as HBCUs witnessed. After a banner year in 2014 of nine gifts of $1 million or more that totaled $20.5 million, HBCUs only saw four in 2015 for a total of $7 million. The 2016 numbers are a bit better than the prior year, but not by much.

HBCUs in 2016 received five donations of $1 million or more for a total of $10.5 million. The leading donation comes from Calvin and Tina Tyler (pictured above with Morgan president David Wilson), who gave $5 million to Morgan State University to endow a scholarship for incoming freshmen from the Baltimore area. A gift that should help increase Morgan State’s ability to compete and keep the talent in their backyard at home.

The arms race that is fundraising continues to be an uphill battle for HBCUs who are dealing with a significantly smaller alumni base due to desegregation’s impact a generation ago. African America’s abandonment of most of their own institutional ownership has seen a starvation of institutions that were built to serve African America’s interest almost to the point of extinction. Whether or not a new awakening is on the horizon is more hopeful than optimistic.

To note, Morgan State University becomes the first HBCU since we began tracking in 2013 to appear more than once.

1. Calvin & Tina Tyler – $5 Million
Recipient: Morgan State University
Source of Wealth: UPS

2. James & Marilyn Simons – $2.5 Million*
Recipient: Morehouse College
Source of Wealth: Finance

3. Leonard & Louise Riggio – $1 Million                                                        Recipient: Spelman College
Source of Wealth: Retail

4. Sean Combs – $1 Million*                                                                                    Recipient: Howard University
Source of Wealth: Entertainment

5. Joe Jr. & Kathy Sanderson – $1 Million
Recipient: Alcorn State University
Source of Wealth: Food & Beverage

*Pledge

Source: The Center for Philanthropy