UNCF Receives Historic $12M Gift To Bolster HBCU Endowments

UNCF Announces Historic $12 Million Gift from The James and Judith K. Dimon Foundation to Help Strengthen HBCUs

Special to The Times WASHINGTON, D.C. — UNCF announced on Thursday The Dimon Fund to Advance Economic Opportunity. This historic $12 million gift from The James and Judith K. Dimon Foundation to strengthen the long-term sustainability of Historically Black Colleges and Universities (HBCUs). Alabama has four colleges getting $1 million each — more than any other state. Miles College (Fairfield), Tuskegee University (Tuskegee), Oakwood University …

UNCF Receives Historic $12M Gift To Bolster HBCU Endowments

Twelve HBCUs are getting an awesome back-to-school gift! The United Negro College Fund (UNCF) just announced a multi-million-dollar donation from The James and Judith K. Dimon Foundation to strengthen HBCU endowments. The historic gift is backed by New York billionaire couple James (Jamie) Dimon, JPMorgan Chase & Co. Chairman and CEO, and his wife Judith (Judy) Kent Dimon, organizational psychologist. The charitable duo are well-known in the phi…

UNCF Receives $12 Million Dimon Foundation Gift to Strengthen HBCU Endowments

UNCF has received a $12 million gift from The James and Judith K. Dimon Foundation to strengthen the endowments of 12 historically Black colleges and universities, directing permanent capital toward institutions with established programs preparing students for careers in education and healthcare. The commitment establishes The Dimon Fund to Advance Economic Opportunity within UNCF’s $1.5 billion capital campaign. Each of the 12 selected UNCF mem…