Invest In The Future! Netflix CEO Reed Hastings Pledges $120 Million To HBCUs

In the wake of the Black Lives Matter protests against police brutality and racism, Netflix CEO Reed Hastings personally pledges $120 million to historically black colleges and universities.

 

 

View this post on Instagram

 

A post shared by Netflix US (@netflix) on

 

 

Hastings and wife, Patty Quillin donated funds to the United Negro College Fund as well as two HBCUs in Atlanta, Spelman and Morehouse College.

 

“These times are the most stressed, the most painful, that we’ve ever seen in our lives,” says Reed, “ but out of that pain can come some opportunity, too. And maybe this is the moment things change.”

 

According to NBC News, both HBCUs will receive $40 million each and the remaining funds will go to the United Negro College Fund to support scholarships at their respective HBCUs.

 

“We wanted to do our part to draw attention, in this case, to the HBCU’s 150 years of resilience, of educating young Black people and the stories not well understood in the white community.”

 

We love to see folks put their money where their mouth is to support the bigger picture!

Leave a Reply

Your email address will not be published.