Philanthropist announces $5 million gift to Dillard
Student leaders at the 2019 Dillard Decision Day. Photo: Sabree Hill/Dillard University
For Immediate Release
December 15, 2020
NEW ORLEANS — Philanthropist MacKenzie Scott announced today that she has included Dillard University in a round of major gifts. Scott’s gift to Dillard is $5 million, the largest single gift the University has ever received from an individual.
“Ms. Scott is assisting many organizations to carry out their important missions.
All of us at Dillard University are incredibly grateful to be among those,” Dr. Walter
Kimbrough, president of Dillard said.
“This gift will enable us to carry out strategic initiatives that will be beneficial not only during the pandemic, but will also position Dillard to reach greater heights well into the future” said Dr. Marc Barnes, vice president for Institutional Advancement.
In 2019, Scott signed the Giving Pledge, which was created by Bill Gates, Melinda
Gates and Warren Buffet to encourage very wealthy figures to donate a majority of
their wealth as philanthropic gifts. Scott committed to donating approximately $17
billion, over half of her assets. Scott made headlines when she donated more than
$100 million to HBCUs and organizations that tackle gender equity, economic mobility,
public health, climate change, empathy and bridging divides, functional democracy
and global development according to a July 29, 2020 article in Forbes. Also a novelist,
one of Scott’s influences is Toni Morrison who is an HBCU alumna.
For more information on Scott's Dillard donation and philanthropic efforts, please read her "384 Ways To Help" Medium post.
Dillard University, located in New Orleans at 2601 Gentilly Blvd., is a private four-year liberal arts historically black institution with a history dating back to 1869. For more information, please visit www.dillard.edu. Also, follow us on Twitter, Facebook @DU1869 and Instagram: Dillard University.