Title

The Endowment That Never Materialized

November 4, 2009
 
 

Years after Mississippi pledged to create a $35 million private endowment to support the state's three historically black colleges, only $1 million has been raised and there are no active efforts to add to the fund, The Jackson Clarion Ledger reported. While some advocates for black colleges hope to pressure the state to create the fund, others say it seems clear the endowment will never materialize.

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