ATLANTA — Oprah Winfrey says she’s giving $13 million to increase a scholarship endowment at a historically black college.
Winfrey announced her plan Monday at Morehouse College in Atlanta, adding to the $12 million she gave to the all-male college in 1989. She was meeting with 47 students who benefit from the existing endowment. Morehouse President David Thomas said Winfrey’s endowment has paid to educate nearly 600 students over the past three decades.
Winfrey’s announcement came weeks after 2,200-student Morehouse announced it would impose an unpaid monthly furlough day for 415 professional employees and stop retirement contributions of 3% of employee salaries. Some jobs will also be eliminated, with the overall cost-cutting effort meant to redirect $3 million to student aid.
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