
The anonymous donor has given the North Carolina HBCU $23 million so far.
The money will aid in the HBCU’s “Miracle on Monroe Street” construction initiative. Currently, the project is in phase three, with new funding going toward upgrades to Goler Hall and Honors Halls.
“We are humbled that Livingstone received a philanthropic investment of this nature, which will enable us to provide environmentally sensitive residential spaces for our students,” Davis said, according to HBCU Gameday.
The anonymous benefactor’s first gift last summer was the single-largest donation ever made to the HBCU.
That news followed a whopping $3 million donation from the same donor that Davis revealed in January. As Livingstone lands funds from private investments, the school also had a 13% rise in students for this current year.
“We don’t receive philanthropy at this level because of a president who gets up and makes an eloquent speech,” Davis told his faculty and staff upon the January donation, also reported by HBCU Gameday “This happens because all of you have been committed to this miracle approach. It’s because of the work that you’re doing, and it’s making us the fastest-growing HBCU in North Carolina.”
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Source: Black Enterprise