ATLANTA — Two of Atlanta’s historically Black colleges and universities are among 12 HBCUs that a scholarship being funded by the Ralph Lauren Corporate Foundation will support.
Morehouse College and Spelman College will share in the $2,000,000 gift with ten other HBCUs around the country.
The gift from the foundation aligns with the Ralph Lauren Corporation’s “commitment to addressing systemic racism and racial injustice by creating more pathways for equity within the fashion industry and beyond, beginning with education.”
In collaboration with the United Negro College Fund, the other ten HBCUs will be selected based on funding needs, proximity to Ralph Lauren Corporation’s U.S. operation center and having disciplines that support the retail industry.
“Students represent the best of the human spirit – passion, curiosity and boundless dreams,” said Ralph Lauren, Executive Chairman and Chief Creative Officer of Ralph Lauren Corporation. “When all students have an equal chance to succeed, their dreams become realities and inspire us all.”
“Morehouse has a common cause with partners like the Ralph Lauren Corporate Foundation who believe that equity begins with education,” said Morehouse College President Dr. David A. Thomas. “Through educational investments, which help elevate the creativity and professional competence of talented students of color, we today empower the innovators who will develop the fashions, products and services the world will demand tomorrow.”
The scholarship funding will be given to each HBCU over a five-year period. Each recipient will be encouraged to participate in community service.