Mississippi HBCU receives $10 million from Netflix CEO and wife

JACKSON, Miss. (AP) — A private, historically black college in Mississippi is getting $10 million from the Netflix executive and his movie producer wife.

Netflix CEO Reed Hastings visited Tougaloo College on Monday to talk about the donation about himself and his wife, Patricia Quillin, media reported.

“This $10 million donation is really just a small part of what is needed to provide children with the opportunities that Tougaloo can provide,” he said, according to WAPT-TV.

College President Carmen Walters said the donation would create scholarships, The Clarion Ledger reported.

Half will provide need-based scholarships, and the remaining $5 million will help Tougaloo students at Brown University, an Ivy League school in Rhode Island, Vice Vice-President Sandra Hodge told the newspaper. -President of Tougaloo Institutional Advancement.

Hastings said he and his wife heard about Jackson’s early school days through his 58-year partnership with Brown.

“The capital gap in our country is substantial at every level between household wealth and college endowments,” said Hastings, who earned his undergraduate degree from Bowdoin College in Maine. “It’s the start of a great partnership with a great college that’s very much like the one I attended, except for the endowment.”

Tougaloo’s partnership with Brown University enables students, faculty, and administrators to participate in exchange, scholarship, and research programs.

The donation to the Brown-Tougaloo partnership is the largest ever received, Hodge said.

Walters said it will help support four or five students attending Brown for graduate programs in medicine and public health — and help them avoid expensive loans.

Hastings said that for the past five years, he and his wife have focused on donating to historically black colleges, after years of donating to kindergarten through high school programs.

“HBCUs have been so successful in training black lawyers, black doctors, engineers, dentists – all professional classes. And it’s a lesser-known story in white America,” he said.

In 2020, Tougaloo received $6 million from philanthropist and author MacKenzie Scott, and said it was the highest amount ever received from a single donor.

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