Hastings’ and his wife’s grant funds over 200 full scholarships to first-year students at Morehouse and Spelman College
Netflix chief executive Reed Hastings and his wife, philanthropist Patty Quillin, will donate $120 million to several historically black colleges and universities and the United Negro College Fund.
Hastings and Quillin said $40 million will be equally donated to the Washington, D. C.-based United Negro College Fund and Atlanta, Ga. headquartered colleges Spelman College, and Morehouse College.
The donation will help over 200 first-year students enroll at Morehouse College and Spelman over the next decade, Hastings and Quillin said in a statement co-signed by Spelman College president Dr. Mary Schmidt Campbell. Students that enroll under the scholarship will receive free tuition, room and board for the duration of their undergraduate studies.
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“We’ve supported these three extraordinary institutions for the last few years because we believe that investing in the education of Black youth is one of the best ways to invest in America’s future,” Quillin and Hastings said in a joint statement issued Wednesday.
