Atlanta HBCUs Get a Massive $50 Million Gift to Build More Futures
Dr. Marcia F. Robinson is a senior certified HR professional, diversity strategist, and curator of TheHBCUCareerCenter.com. She advises organizations on building inclusive talent pipelines and improving diversity recruiting outcomes.
Historically Black Colleges and Universities in the Atlanta area are the recipients of a $50 million gift from the Arthur Blank Family Foundation, with special focus on closing financial aid gaps for students nearing graduation.
Arthur M. Blank is a co-founder of The Home Depot and owner of the Atlanta Falcons. He is known and admired for philanthropy through the Arthur Blank Family Foundation.
In making this commitment, the Arthur Blank Foundation is betting on the resilience and transformative power of HBCUs—not just for individual students, but for communities across Georgia and beyond.
This gift aims to provide “gap scholarships” for students who are academically eligible to graduate but face shortfalls in funding that might otherwise prevent degree completion.
This gap has remained a serious need for students who struggle to close those financial gaps before they can launch careers as new graduates.
Over the 10-year span of the gift, the foundation expects to help nearly 10,000 students across the participating institutions. The funding also supports institutional priorities such as upgrading athletic fields, building innovation labs, and digitizing academic credentials.
This gift is the most recent in a string of gifts to support higher education and career outcomes for students. Other Blank Family Foundation gift recipients include Spelman College, Babson College and Georgia State University.
The foundation describes these newest grants to HBCUs as an “investment in hope,” intended to bolster graduation rates, reduce dropout pressures, and strengthen the long-term impact of these institutions.
Recipient Colleges:
The primary beneficiaries are Clark Atlanta University, Morehouse College, Spelman College, and Morris Brown College.
Clark Atlanta University: A private university formed by the consolidation of Clark College and Atlanta University.
Morehouse College: An all-male liberal arts college known for producing many Black leaders, including industry leaders, scholars, and civil rights figures.
Spelman College: A prominent women’s liberal arts college, Spelman is consistently ranked among top liberal arts institutions and is highly regarded for its intellectual and social mobility outcomes.
Morris Brown College: One of the earliest institutions in Georgia, Morris Brown has faced institutional challenges over the years but continues to maintain its historic mission as a liberal arts college.
These four colleges are part of the Atlanta University Center consortium, which fosters collaboration in academics, resources, and cultural initiatives.
By targeting students closest to graduation, the gift is designed to remove one of the last barriers to degree attainment, thereby amplifying the ripple effects of education: increased earning potential, civic contribution, and generational uplift.