Tuesday, September 10, 2024
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Why philanthropic funding strongly favors white colleges over HBCUs

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Changes are necessary on both sides of the table to address the chronic lack of funding faced by historically Black colleges and universities, some experts say in the wake of a report showing the vast funding disparity between Historically Black Colleges and Universities and their Ivy League counterparts.

While the largest challenge remains the redirecting of philanthropic funds to HBCUs, they say, HBCU leaders also need to be better about promoting their product through tools such as social media and podcasts – even if financial challenges make those tasks more difficult.

“HBCU’s are slow to change,” said Crystal deGregory, who researches HBCUs as an associate professor of history at Bethune-Cookman University in Daytona Beach, Florida. “A lot of storytelling that they’ve been doing, even to good effect, could be considered outmoded and definitely lagging when compared to the dynamism of historically white institutions.”

The recently released study, conducted by philanthropic research group Candid in partnership with ABFE, a nonprofit pushing for investment in Black communities, found funding to HBCUs from large U.S. foundations fell 30% between 2002 to 2019, with the average Ivy League institution receiving 178 times more foundation funding than the average HBCU.

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