Please ensure Javascript is enabled for purposes of website accessibility
Netflix CEO to Donate $120M to Historically Black Colleges
gvw_ap_news
By Associated Press
Published 4 years ago on
June 17, 2020

Share

Netflix CEO Reed Hastings and his wife, Patty Quillin, are donating $120 million toward student scholarships at historically black colleges and universities.

Hastings has a history of supporting educational causes, including charter schools. He launched a $100 million education fund in 2016, beginning with money toward college scholarships for black and Latino students.
The couple is giving $40 million to each of three institutions: the United Negro College Fund, Spelman College and Morehouse College. The organizations said it is the largest individual gift in support of student scholarships at HBCUs.

History of Supporting Educational Issues

Hastings has a history of supporting educational causes, including charter schools. He launched a $100 million education fund in 2016, beginning with money toward college scholarships for black and Latino students.
Hastings said now is the time when “everyone needs to figure out” how to contribute to solving racism. He said HBCUs have been resilient “little-known gems” for black education.
Amid protests over police brutality that began three weeks ago, companies and business leaders have been pledging solidarity with their black employees and the black community. But tech companies — including Netflix — have fallen short in hiring, retaining and promoting underrepresented minorities within their own ranks.
Other tech industry donations in the wake of the Black Lives Matter protests have largely been on the company level. Last week, for instance, Apple CEO Tim Cook announced that the company will spend $100 million on a new Racial Equity and Justice Initiative, investing in education and criminal justice reform among other things. YouTube, meanwhile, pledged $100 million to help black artists and other creators.

RELATED TOPICS:

DON'T MISS

Newsom Gaslights on Potential Gas Price Hikes in Fresno Visit

DON'T MISS

Automakers to Trump: Please Require Us to Sell Electric Vehicles

DON'T MISS

President Biden Welcomes 2024 NBA Champion Boston Celtics to White House

DON'T MISS

Ohtani Makes History With 3rd MVP, Judge Claims 2nd AL Honor

DON'T MISS

Trump Chooses Pam Bondi for Attorney General Pick After Gaetz Withdraws

DON'T MISS

Average Rate on a 30-Year Mortgage in the US Rises to Highest Level Since July

DON'T MISS

Cutting in Line? American Airlines’ New Boarding Tech Might Stop You at Now Over 100 Airports

DON'T MISS

MLB Will Test Robot Umpires at 13 Spring Training Ballparks Hosting 19 Teams

DON'T MISS

Death Toll in Gaza From Israel-Hamas War Passes 44,000, Palestinian Officials Say

DON'T MISS

Jussie Smollett’s Conviction in 2019 Attack on Himself Is Overturned

UP NEXT

Hate Your Instagram Feed? New Reset Feature Enhances User Control

UP NEXT

Looking for a Night Out? Bill Burr, Ralph Barbosa and West Coast Takeover Are Up Next

UP NEXT

Comcast to Spin Off Cable Networks, Once Star Performers for the Entertainment Giant

UP NEXT

‘Tis the Season for Holiday Albums, From Jennifer Hudson to Toby Keith and Jimmy Fallon

UP NEXT

Budget-Friendly Hacks for a Friendsgiving Feast to Remember

UP NEXT

Rock Great Jeff Beck’s Guitars Are Going up for Auction

UP NEXT

Dan Forrest’s ‘Creation’ Is a Feast for the Ears. Fresno Master Chorale Performs It Sunday.

UP NEXT

Which Landmarks and Businesses Are Featured on Monopoly Fresno Edition?

UP NEXT

Veteran NBC Host Craig Melvin Tapped to Replace Hoda Kotb for the First Hours of ‘Today’ Show

UP NEXT

R&B Concerts, Comedy, & Worship Take Center Stage This Weekend

Ohtani Makes History With 3rd MVP, Judge Claims 2nd AL Honor

1 hour ago

Trump Chooses Pam Bondi for Attorney General Pick After Gaetz Withdraws

2 hours ago

Average Rate on a 30-Year Mortgage in the US Rises to Highest Level Since July

2 hours ago

Cutting in Line? American Airlines’ New Boarding Tech Might Stop You at Now Over 100 Airports

2 hours ago

MLB Will Test Robot Umpires at 13 Spring Training Ballparks Hosting 19 Teams

2 hours ago

Death Toll in Gaza From Israel-Hamas War Passes 44,000, Palestinian Officials Say

3 hours ago

Jussie Smollett’s Conviction in 2019 Attack on Himself Is Overturned

3 hours ago

Fresno Council Lowers Speed Limits on Friant and Audubon

3 hours ago

How About an Honest Conversation About the Range of Light Monument Proposal?

4 hours ago

UConn Coach Geno Auriemma Breaks NCAA Wins Record With 1,217th Victory

5 hours ago

Newsom Gaslights on Potential Gas Price Hikes in Fresno Visit

Gov. Gavin Newsom in a stop Thursday in Fresno defended the recent actions of his air board, saying he takes “pride” in new clim...

25 minutes ago

25 minutes ago

Newsom Gaslights on Potential Gas Price Hikes in Fresno Visit

President Joe Biden with Mary Barra, the chief executive of General Motors, at the Detroit Auto Show, Sept. 14, 2022. President-elect Donald Trump has promised to erase the Biden administration’s tailpipe rules designed to get carmakers to produce electric vehicles, but most U.S. automakers want to keep them. (Doug Mills/The New York Times)
56 minutes ago

Automakers to Trump: Please Require Us to Sell Electric Vehicles

59 minutes ago

President Biden Welcomes 2024 NBA Champion Boston Celtics to White House

1 hour ago

Ohtani Makes History With 3rd MVP, Judge Claims 2nd AL Honor

Former Florida Attorney General Pam Bondi, speaks before Republican presidential nominee former President Donald Trump arrives to speak at a campaign rally at First Horizon Coliseum, Saturday, Nov. 2, 2024, in Greensboro, NC. (AP/Alex Brandon)
2 hours ago

Trump Chooses Pam Bondi for Attorney General Pick After Gaetz Withdraws

2 hours ago

Average Rate on a 30-Year Mortgage in the US Rises to Highest Level Since July

2 hours ago

Cutting in Line? American Airlines’ New Boarding Tech Might Stop You at Now Over 100 Airports

2 hours ago

MLB Will Test Robot Umpires at 13 Spring Training Ballparks Hosting 19 Teams

Help continue the work that gets you the news that matters most.

Search

Send this to a friend