Four of Atlanta’s Historically Black Colleges & Universities are receiving a $50 million boost from the Arthur M. Blank Family Foundation.

It is the largest gift Blank has made to higher education in Atlanta. In November 2019, Arthur Blank made a $50 million gift to his alma mater Babson College based in Wellesley, Mass. to establish the Arthur M. Blank School for Entrepreneurial Leadership.

The 10-year scholarship investment will support students who need “gap” funding to graduate from Clark Atlanta University, Morehouse College, Spelman College and Morris Brown College.

Blank attended Sunday’s afternoon performance of Fiddler on the Roof at the Alliance Theatre (produced in partnership with the Atlanta Opera). When asked about his gift to the four institutions, Blank said it is part o

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