HBCU Endowment Fund Fundraiser

Pivotal Practices, in partnership with DC Pearls III Foundation, is pleased to host a fundraiser supporting the creation of a special endowment fund for Historically Black Colleges and Universities (HBCUs). This will support these institutions with growing their wealth to meet critical needs, including scholarships, technology, infrastructure, and research.

HBCUs have long faced disadvantages in raising funds and are struggling to grow their endowments even as already rich schools get richer, Bloomberg reports. Even the wealthiest of the HBCUs, Howard University in Washington, D.C., only ranks 160th on the list of educational institution endowments, with an endowment of $578 million — just 2% of that of top-ranking Harvard University, which has an endowment of $35.7 billion.

The impact of such a discrepancy is profound: the bigger a school's endowment the more it can spend on attracting highly qualified students, regardless of need, and on providing those students with the academic services they need. Help us close the gap! Help us reach our goal of $19,080!