MacKenzie Scott, the billionaire philanthropist, has made a significant impact by donating $70 million to the United Negro College Fund (UNCF). This donation is part of a larger effort to build a $370 million pooled endowment for 37 historically Black colleges and universities (HBCUs). This funding is crucial as it supports the education of minority students and strengthens the financial foundation of these institutions, which play a vital role in promoting diversity and inclusion in higher education.

Billionaire philanthropist Mackenzie Scott has made headlines with her generous $70 million donation to the United Negro College Fund (UNCF), which plays a crucial role in supporting historically Black colleges and universities (HBCUs). This significant contribution not only highlights Scott's commitment to education equity but also sets a precedent for future philanthropic efforts aimed at uplifting marginalized communities. As one of her largest donations to date, it underscores the importance of investing in education and the potential it has to transform lives.