Oprah Winfrey Announces $13 Million Donation To Morehouse College

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Her scholarship fund began in 1989 with a $12 million dollar gift, but now the entire endowment is worth $25 million.

Winfrey says she's giving $13 million to increase a scholarship endowment at Morehouse College in Atlanta, a historically black college.

Winfrey, who was also in town for the opening of the Tyler Perry Studios, met with 47 of her "sons" the scholars who received a scholarship under her program.

On Monday, Morehouse College announced Winfrey had donated $13 million to her scholarship program at the institution, topping the $12 million donation she made to the Atlanta college 30 years ago.

This most recent donation comes just months after billionaire Robert Smith promised to pay off all the student debt of the school's graduating class of 2019.

The president of Morehouse said of Oprah's philanthropic gesture, "I'm grateful to Oprah Winfrey for her generosity", said Morehouse President David A. Thomas.

Smith and his family donated $34 million to a fund to erase student debt for parents whose children attend the college, the school said in a release last month.

The school honored Winfrey with a painting, several scholars were able to make speeches, thank Winfrey for her contribution and what it means to them and a parade of men presented the billionaire with the big heart, with flowers. "I am hopeful that this will also get others to step up with their support of Morehouse, but even more broadly, historically black colleges and universities". Can't wait to see what they do with their future.

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