The married Netflix CEO and producer say the gift is an investment in "America's future" and continues their support of HBCUs, which began with a combined $120 million donation to the United Negro College Fund, Morehouse College and Spelman College in 2020.

Netflix CEO Reed Hastings and his wife, producer Patty Quillin, are donating $10 million to fund scholarship programs at Tougaloo College and Brown University.

The gift will provide financial aid for Tougaloo students studying medicine, public health, the sciences, education, business and other community-focused fields, as well as support a 58-years-long partnership between Brown and Tougaloo, an HBCU based in Jackson, Mississippi.

“HBCUs have been vastly undervalued for a long time,” said Hastings and Quillin in a joint statement Monday. “They have an incredible track record of graduating so many Black leaders across the U.S. — doctors, lawyers, engineers and more. By investing in the extraordinary students who attend Tougaloo and Brown, we’re investing in America’s future.”

Half of the donation will go to Tougaloo to fund its endowment and need-based scholarships for high-achieving students; the other $5 million will establish the Brown-Tougaloo Partnership Scholarship Fund as part of Brown University’s endowment and provide support for Tougaloo students who come to Brown, whether to pursue a graduate or medical degree or through an academic exchange program.

See The Billionaire Founder of Netflix is Giving $120 Million to Black Colleges

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