Blank Foundation pledges $50 million to support Atlanta HBCUs and close graduation gaps

The Arthur M. Blank Family Foundation has pledged $50 million to support Atlanta’s historically Black colleges and universities (HBCUs), providing “gap scholarships” to students nearing graduation who have exhausted other financial aid. The decade-long initiative aims to boost graduation rates, promote social mobility, and ensure that financial hardship does not hinder academic success, reinforcing the long-term impact of HBCUs.