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Oprah donated $13 million to Morehouse College. Her endowment is now the largest in the school's
Oprah donated $13 million to Morehouse College. Her endowment is now the largest in the school's historyOprah Winfrey now has the largest endowment ever at Morehouse College in Atlanta after donating $13 million, according to a news release from the school.
Winfrey visited the all men's historically Black college Monday for the 30th anniversary of the Oprah Winfrey Scholars Program, the release said. The program started in 1989 and the fund stands at $12 million. Monday's donation of $13 million pushed her total investment to $25 million.
"Seeing you young Oprah Winfrey scholars here today has moved me deeply," Winfrey said Monday before announcing her donation. "I am so proud of you, I'm proud of everybody in attendance at this school who is seeking to know more clearly who you are, the value you hold and how you will share that value with the rest of the world."
Winfrey's donation comes after billionaire Robert Smith promised to pay off the student loan debt of the 2019 Morehouse graduates in May. Smith donated $34 million to the school last month, making good on his promise.
Read more: https://www.phillytrib.com/news/across_america/oprah-donated-million-to-morehouse-college-her-endowment-is-now/article_6da4013e-dcf4-57e3-b34a-b0b8bc2e3cc6.html