Gen­er­ous gift

Albany Times Union - - FRONT PAGE -

Oprah Win­frey to give $13 mil­lion to black col­lege./

Oprah Win­frey says she’s giv­ing $13 mil­lion to in­crease a schol­ar­ship en­dow­ment at a his­tor­i­cally black col­lege.

Win­frey an­nounced her plan 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.

“I was re­ally sur­prised to learn that it ’s been 30 years since I made that $12 mil­lion do­na­tion to More­house, so today, I’d like to add $13 mil­lion to that,” Win­frey said as cheers erupted, in a video re­leased by More­house.

More­house Pres­i­dent David Thomas said Win­frey ’s en­dow­ment has paid to ed­u­cate nearly 600 stu­dents over the past three decades.

The col­lege de­scribed the gift as a sur­prise.

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 per­cent of em­ployee salaries. Some jobs will also be elim­i­nated, with the over­all cost-cut­ting ef­fort meant to re­di­rect $3 mil­lion to stu­dent aid.

Bil­lion­aire Robert Smith won wide at­ten­tion ear­lier this year when he promised to re­pay all stu­dent and fam­ily loans ac­cu­mu­lated by More­house’s class of 2019. That one-time gift will be worth $34 mil­lion, the col­lege said last month.

Thomas said in a state­ment that he is “feel­ing hope­ful for More­house and what it has gar­nered in terms of phil­an­thropic sup­port with gifts like Oprah’s and Robert Smith’s. I am hope­ful that this will also get oth­ers to step up with their sup­port of More­house, but even more broadly, his­tor­i­cally black col­leges and uni­ver­si­ties.”

Eli­jah Nou­ve­lage / Invision / AP

Oprah Win­frey, seen on the red car­pet at the grand open­ing of Tyler Perry Stu­dios on Sat­ur­day in At­lanta, is giv­ing $13 mil­lion to More­house Col­lege.

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