The article urges philanthropists to stop donating to wealthy institutions like Harvard and instead support Historically Black Colleges and Universities (HBCUs). It highlights MacKenzie Scott as an example of a donor who understands this shift. The piece, written by Ed Smith-Lewis for Fortune, argues that most donors have yet to grasp this approach.
Key Points
- Criticizes continued donations to elite, well-funded universities like Harvard
- Advocates for redirecting funds to under-resourced HBCUs for greater impact
- Cites MacKenzie Scott as a model donor who prioritizes HBCUs
Implications for Educational Freedom
This promotes educational freedom by encouraging donor choice in funding diverse higher education institutions, potentially empowering HBCUs as alternatives to elite universities and reducing reliance on government overreach in education funding.
