Atlanta – Two historically black colleges and universities in Atlanta are among 12 HBCUs that will be supported by a scholarship funded by the Ralph Lauren Corporate Foundation.
Morehouse College and Spelman College will share the $2,000,000 gift with ten other HBCUs across the country.
The gift from the foundation aligns with “The Ralph Lauren Company’s commitment to address systemic racism and racial injustice by creating more pathways to justice within the fashion industry and beyond, beginning with education.”
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In collaboration with the United Negro College Fund, the other 10 HBCU colleges will be selected based on funding needs, proximity to Ralph Lauren Corporation’s US operations center and have majors that support the retail industry.
“The students represent the best of the human spirit – passion, curiosity, and limitless dreams,” said Ralph Lauren, CEO and Creative Director of Ralph Lauren. “When all students have an equal chance of success, their dreams become realities and inspire us all.”
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“Morehouse has common cause with partners such as the Ralph Lauren Corporation that believes equity begins with education,” said Morehouse College President, Dr. David A. Thomas. “Through educational investments, which help raise the level of creativity and professionalism of talented black students, we are today empowering innovators who will develop the fashion, products, and services that the world will demand tomorrow.”
Scholarship funding will be awarded to each HBCU over a five-year period. Each recipient will be encouraged to participate in community service.
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