A Transformative Gift for a Historic Institution
Huston-Tillotson University in Austin has received a groundbreaking $150 million donation from the Moody Foundation, marking the largest single gift ever given to a Historically Black College or University (HBCU) in the United States. This historic announcement was made during the university’s annual President’s Fall Opening Convocation on September 18, coinciding with its 150th anniversary celebration. PR Newswire
Dr. Melva K. Wallace, President and CEO of Huston-Tillotson, expressed deep gratitude, stating, “This gift is a testament to faith, prayer, and the genuine belief in the goodness of others.” She emphasized that the donation will completely transform the university and set it up for success for another 150 years. PR Newswire
Focus on Student Success and Campus Development
The Moody Foundation’s donation is earmarked for initiatives that enhance student success and campus development. Key areas of investment include:
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Student Housing: Funding for new residence halls to accommodate up to 800 students, addressing the current housing shortage. Kut
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Academic Facilities: Upgrades to existing buildings and the construction of new academic spaces to support a growing student body.
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Scholarships and Endowments: Establishment of scholarships and endowments to make education more accessible and reduce student debt.
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Professional Development: Support for the university’s strategy, culture, marketing, and development infrastructure to elevate its profile. PR Newswire
These investments align with the Moody Foundation’s broader commitment to invest $1 billion in Texas education by 2035. Elle Moody, Senior Vice President of the Moody Foundation, expressed hope that this gift will inspire others to support Huston-Tillotson and other institutions in need. PR Newswire
A Milestone in Austin’s Educational Landscape
Founded in 1875, Huston-Tillotson University is Austin’s first institution of higher learning and the only HBCU in the city. The university offers associate, bachelor’s, and master’s degrees in more than 19 areas of study. This donation not only strengthens the university’s position as a leader among HBCUs but also underscores the importance of investing in educational institutions that serve diverse communities. PR Newswire
Austin Mayor Kirk Watson praised the donation, stating that it will help bolster the diversity and strength of the community, which has experienced a declining population of African American residents in recent years. He emphasized that the future of Huston-Tillotson students, the university, and the city of Austin are all profoundly impacted by this gift.
