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It Was Nice While It Lasted: 2021 Million Dollar HBCU Donations Drop By 73 Percent

Posted on January 7, 2023 by | Leave a comment

The results of philanthropy are beyond calculation, but they are calculated. – William A. Foster, IV

After 2020 gave us unprecedented major giving to HBCUs, the fairy dust wore off just as quickly come 2021. Had this year been not followed by 2020, then arguably it would be a good year by normal standards. Instead, it is a harsh reminder that HBCUs rarely on any level receive an equitable share of funding both by state and federal governments and private giving to colleges and universities. 2020’s giving it could be argued was a response to the protests and social unrest that spilled over from the death of George Floyd. However, as we stated previously that is neither sustainable and questionably moral. This year’s list while significantly smaller looks much the same as last year in that it is buoyance is upheld by donors outside of the African American community.

HBCUs were able to pull in three percent of the million plus donations to all colleges and universities, which constitutes their makeup in the overall landscape of the higher education system. However, the value of those donations amounted to less than one percent of the overall donation value to colleges and universities. A significant drop off from 2020’s astounding 15 percent of donation value. Very interested to note that PWIs saw donations of $100 million plus double from 2020 to 2021 going from seven to fourteen. No HBCU has ever seen a nine-figure donation and there are only a handful of African Americans capable of doing so. This once again leaves the fate of African American NPOs in the hands of other community’s wealth and generosity. It also begs the question for the survival of HBCUs in particular long-term. Despite 2020’s gifts, we would be remiss to act as if one year of donations can rectify over one hundred plus years of negligence and fiscal hostility.

MacKenzie Scott continued to be HBCUs’ best friend with two of the ten donations on the list coming from her philanthropy. Mr. and Mrs. Tyler’s donation is one of the largest alumni gifts (if not the largest) ever to an HBCU. Worthy of a conversation itself is that HBCUs are still not producing a pipeline of wealthy alumni. Something critical to increasing the probability of transformative donors into HBCU coffers. With only two known HBCU billionaires among all of its alumni, the question of “Can HBCUs Produce Billionaires?” remains not only a relevant question, but an absolutely necessary conversation that must be had between HBCU alumni and administrations.

$1 Million Plus Donations To All Colleges: 316

$100 Million Plus Donations To All Colleges: 14

$1 Million Plus Donations Value To All Colleges: $8.1 Billion

$1 Million Plus Median Donation To All Colleges: $11.1 Million

$1 Million Plus Average Donation To All Colleges: $25.5 Million

$1 Million Plus Donations To HBCUs: 10

$100 Million Plus Donations To HBCUs: 0

$1 Million Plus Donations Value To HBCUs: $66.7 Million

$1 Million Plus Median Donation To HBCUs: $4.0 Million

$1 Million Plus Average Donation To HBCUs: $6.7 Million

HBCU Percentage of Donations To All Colleges: 3.2%

HBCU Percentage of Donation Value To All Colleges: 0.8%

1. MacKenzie Scott  – $20 million
Recipient: Charles R. Drew Medicine
Source of Wealth: Technology, Retail

2. Calvin E. Tyler and Tina Tyler (pictured bottom right) – $20 million
Recipient: Morgan State University
Source of Wealth: N/A

3. S. Donald Sussman  – $6 million
Recipient: University of the Virgin Islands
Source of Wealth: Finance

4. Eddie Brown and Sylvia Brown (pictured bottom left) – $5 million
Recipient: Howard University
Source of Wealth: Investments

5. Anonymous Donor – $5 million
Recipient: Howard University
Source of Wealth: N/A

6. Shervin Pishevar and Sarah Pishevar Haynes – $3 million
Recipient: Howard University
Source of Wealth: Technology, Finance, Transportation

7. Frank Garrison and Amy Garrison – $2.5 million
Recipient: Fisk University
Source of Wealth: Finance, Real Estate, Law

8. Anonymous Donor – $2.2 million
Recipient: Alabama A&M University
Source of Wealth: N/A

9. MacKenzie Scott – $2 million
Recipient: Meharry Medical College
Source of Wealth: Technology, Retail

10. Mark Malveaux and Dawn Malveaux (pictured top) – $1 million
Recipient: Southern University System
Source of Wealth: Law

Source: Chronicle of Philanthropy

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HBCU Money™ Presents: The George W. Carver 2017’s Top 20 HBCU Research Institutions

Posted on October 26, 2019 by | Leave a comment

Dr. George Washington Carver (January 5, 1864-January 5, 1943) was an American scientist, botanist, educator, and inventor. Carver is best known for his research into alternative crops to cotton, such as peanuts, soybeans, and sweet potatoes. He wanted poor farmers to grow these alternative crops to aid in the nutrition of farm families and to provide another source of cash income to improve the farmer’s quality of life. Dr. Carver is shown at work at Tuskegee University in September 1938. Photo Courtesy National Archives and Records Administration. r

HBCUs continue to go backwards in the research field according to the latest National Science Foundation data. In 2015, research expenditures for the top 20 HBCUs combined for $425.7 million, while 2017 combines for $424.7 million. Over the past five years, HBCU research expenditures have dropped almost 4.7 percent or a loss of $20.7 million.

  • The top ranked HBCU, Howard University, ranked 203rd and the twentieth ranked HBCU, Virginia State University, ranked 325th among America’s college research landscape.
  • The MEAC maintains their dominance with eight schools versus the SWAC’s four.
  • Division II/III schools also comprise four schools on the list.
  • 1890 HBCUs, land-grant universities, dominate the top twenty with eleven of the top HBCU research universities.
  • All HBCUs combined account for $537.8 million in research expenditures. There are 45 PWI/HWCUs who have research budgets above this amount individually.

Rank. HBCU. Previous Year In Parentheses.

  1. Howard University – $45.8 million ($41.0 million)
  2. Florida A&M University – $37.6 million ($45.4 million)
  3. N.C. A&T State Univ. – $37.4 million ($33.8 million)
  4. Morehouse School of Medicine – $36.9 million ($38.8 million)
  5. Alabama A&M University – $31.7 million ($30.3 million)
  6. Jackson State University – $22.8 million ($23.8 million)
  7. Delaware State University – $20.8 million ($21.3 million)
  8. Tennessee State University – $18.1 million ($19.5 million)
  9. Meharry Medical College – $16.8 million ($14.8 million)
  10. Tuskegee University – $16.5 million ($16.5 million)
  11. Hampton University – $16.6 million ($14.2 million)
  12. Alcorn State University – $16.1 million ($8.2 million)
  13. Charles R. Drew University – $15.7 million ($13.4 million)
  14. Morgan State University – $15.0 million ($15.7 million)
  15. S.C. State University – $14.3 million ($13.1 million)
  16. N.C. Central University – $14.1 million ($12.5 million)
  17. Prairie View A&M University – $14.0 million ($12.6 million)
  18. Xavier University of LA. – $12.4 million ($12.1 million)
  19. Langston University – $11.5 million ($11.2 million)
  20. Virginia State University – $10.8 million ($8.1 million)

TOP 20 COMBINED TOTAL: $424.7 million ($425.7 million)

Additional Notes:

The HWCU-HBCU gap for research among top 20 research institutions is $53:1

Top 20 HWCUs Combined: $22.7 billion ($23.2 billion)

Top 20 Average HWCU – $1.2 billion

Top 20 Average HBCU – $21.2 million

Top 20 Median HWCU – $1.1 billion

Top 20 Median HBCU – $16.5 million

Source: National Science Foundation

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HBCU Money™ Presents: 2016-2017’s Private HBCU Presidents By Salary/Compensation

Posted on October 22, 2018 by | Leave a comment

HBCU Money’s inaugural gathering of presidential salaries at the nation’s private HBCUs.

HIGHLIGHTS

  • Out of 570 reported private college & universities presidential salaries’ from American colleges & universities, 58 (or 10 percent) earned more than $1 million annually in compensation.
  • America’s top 5 paid private university presidents’ compensation ($16.7 million) is almost six times greater than the top 5 paid private HBCU university presidents’ ($3.07 million) on our list.
  • 8 of the 11 private HBCUs present have graduate/professional programs.

Wayne Frederick – Howard University – $1,049,522

Norman Francis* – Xavier University (LA) – $631,883

William Harvey – Hampton University – $539,384

Beverly Tatum* – Spelman College – $446,334

David Carlisle – Charles Drew University (Medical) – $429,302

John Wilson – Morehouse College – $424,519

Edison Jackson – Bethune-Cookman University – $409,823

Carlton Brown* – Clark Atlanta University – $389,995

Brian Johnson – Tuskegee University – $335,000

Ronald Carter – Johnson C. Smith University – $261,899

Walter Kimbrough – Dillard University – $238,125

Ronald Johnson* – Clark Atlanta University – $234,701

C. Reynold Verret – Xavier University (LA) – $194,154

Mary Campbell* – Spelman College – $191,126

*Partial-year compensation

Source: The Chronicle of Higher Education

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

Posted on September 10, 2017 by | Leave a comment

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

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HBCU Money™ Presents: The George W. Carver 2014’s Top 20 HBCU Research Institutions

Posted on September 21, 2016 by | Leave a comment

gwcarverlabjpg-3550550efe9ad5fa

In an ode to the greatest HBCU scientist, we have now named our top HBCU research institution list for George Washington Carver.

HBCUs appear to have taken another step back in the research field according to the latest National Science Foundation data. In 2013, research expenditures for the top 20 HBCUs combined for $451.4 million, while 2014 combines for $445.4 million. This represents a 1.34 percent drop year over year and 2.13 percent drop from two years ago.

  • The top ranked HBCU is Florida A&M University at 199 and the twentieth ranked Alcorn State University is listed at 314 in America’s college research landscape.
  • MEAC leads the way with eight schools versus the SWAC with four.
  • Division II/III schools also comprise two schools on the list.
  • Overall, the 1890 HBCUs are fifty percent of the list highlighting agriculture’s importance role in HBCU research.
  1. Florida A&M University – $41.37 million
  2. Morehouse School of Medicine – $41.86 million
  3. Howard University – $40.77 million
  4. North Carolina A&T State University – $35.05 million
  5. Alabama A&M University – $32.91 million
  6. Jackson State University – $$26.61 million
  7. Tuskegee University – $24.95 million
  8. Charles Drew University of Medicine – $20.69 million
  9. University of Virgin Islands – $20.37 million
  10. Tennessee State University – $20.07 million
  11. Meharry Medical College – $19.00 million
  12. Delaware State University – $17.68 million
  13. Morgan State University – $15.72 million
  14. Fayetteville State University – $14.73 million
  15. South Carolina State University – $13.15 million
  16. Prairie View A&M University – $12.29 million
  17. North Carolina Central University – $11.54 million
  18. Hampton University – $11.17 million
  19. Southern University and A&M College – $10.42 million
  20. Alcorn State University – $10.06 million

TOP 20 COMBINED TOTAL: $445.4 million ($451.4 million)

Additional Notes

The HWCU-HBCU gap for research among top 20 research institutions is 52:1, an increase from 2013’s 50:1.

Top 20 HWCUs Combined: $23.2 billion ($22.5 billion)

Top 20 Average HWCU – $1.1 billion vs. Top 20 Average HBCU – $22.3 million

Top 20 Median HWCUs – $948 million vs. Top 20 Median HBCU – $19.5 million

Source: National Science Foundation

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