AUSTIN, Texas — On Thursday, Huston-Tillotson University announced it was given a $150 million donation from the Moody Foundation in the biggest single gift provided to a Historically Black College or University (HBCU) in U.S. history to date.

The donation was announced during the university's fall opening convocation, less than one month after the start of the current semester.

"This gift will enable a comprehensive transformation of Huston-Tillotson's campus -- focused on student living, academic spaces, and innovative scholarships -- establishing an academically thriving 21st-century environment," the university stated in a media release. "The gift is a catalyst for future philanthropic support."

The donation also includes support for development, strategy and university-wide marketi

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