Netflix CEO Reed Hastings and his partner, Patty Quillin, are donating $120 million toward student scholarships at traditionally shadowy colleges and universities
June 17, 2020, 1: 30 PM
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Netflix CEO Reed Hastings and his partner, Patty Quillin, are donating $120 million toward student scholarships at traditionally shadowy colleges and universities.
The couple is giving $40 million to every of three institutions: the United Negro College Fund, Spelman College and Morehouse College. The organizations said it’s the largest person reward in give a elevate to of student scholarships at HBCUs.
Hastings has a history of supporting academic causes, including charter colleges. He launched a $100 million education fund in 2016, beginning with money toward college scholarships for shadowy and Latino college students.
Hastings said now would possibly maybe maybe maybe be the time when “all people needs to determine” the sincere option to contribute to solving racism. He said HBCUs get been resilient “petite-known gem stones” for shadowy education.
Amid protests over police brutality that started three weeks ago, companies and commercial leaders get been pledging cohesion with their shadowy workers and the shadowy community. But tech companies — including Netflix — get fallen short in hiring, preserving and promoting underrepresented minorities interior their get ranks.
Assorted tech alternate donations within the wake of the Unlit Lives Matter protests get largely been on the firm stage. Closing week, for occasion, Apple CEO Tim Cook launched that the firm will exhaust $100 million on a recent Racial Fairness and Justice Initiative, investing in education and prison justice reform among rather loads of issues. YouTube, meanwhile, pledged $100 million to back shadowy artists and different creators.
