Alabama A&M Awarded Large Financial Gift
Alabama A&M University, a historically Black college, has received its largest-ever donation. The HBCU has come a long way in funding since its founding in 1875. During that time, the school thrived off of its state funded allocation of $1,000. Over the course of its 146-year existence, AAMU celebrates a large financial gift from one alum, who chooses to remain anonymous.
The University President promptly responded:
According to a recent statement by AAMU President Andrew Hugine, Jr., this donation is the largest and most influential in the history of Alabama A&M University. The fact that one of our alumni has made such a significant investment in the institution is a strong affirmation of the university’s progress and its continued positive trajectory.
Honoring AAMU History
Moreover, the gift amount totaled 2, 178, 517.85. In fact, this exact figure signifies the year that the university was founded by a former slave, William Hooper Councill. After the benevolent act, the donor posed a challenge to other AAMU alumni to give. However, the alum asks them to do so within their means.
“This generous donation holds significant symbolism on multiple levels. It not only paves the way for future impactful contributions from Alabama A&M University alumni, but also showcases to Corporate America and philanthropists that our graduates have attained success and are ready to make substantial investments in the institution,” Tucker explained. “Our aim is that this will inspire greater investments from Corporate America and philanthropists in the times ahead.”
News related to how AAMU will spend the funds is pending. Also, similar donations to historically Black colleges and universities is yet to come.
