The average historically Black college and university received 178 times less funding from foundations than the average Ivy League school in 2019, according to a new report on the underfunding of HBCUs.
The study — conducted by the philanthropic research group Candid and ABFE, a nonprofit that advocates for investments in Black communities – found that the eight Ivy League schools received $5.5 billion from the 1,000 largest U.S. foundations compared to $45 million for the 99 HBCUs in 2019. Between 2002 and 2019, foundation support of HBCUs declined 30%, even before inflation is taken into account.
Some study participants blamed systemic racism for the underfunding. Others said it was a result of limited connections between philanthropists and HBCU leaders. Those arguments may have become more convincing in the racial reckoning that followed the police killing of George Floyd in Minneapolis in 2020. Preliminary estimates showed a 453% increase in foundation funding to HBCUs in that year.
Lodriguez Murray, UNCF’s vice president of public policy and government affairs, warned that the increase in HBCU funding since 2020 does not mean that HBCUs are no longer underfunded. “We consider this to be a drop in the bucket and the need is still extremely severe,” said Murray, adding that the report did not specifically account for the work of UNCF and other organizations who provide scholarships to HBCU students, which lowers the schools’ costs.
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