Home / Full timeline / Comedian and television star Bill Cosby announces his intention to donate $20 million to Spelman College, an institution for Black American women in Atlanta, Georgia.
Comedian and television star Bill Cosby announces his intention to donate $20 million to Spelman College, an institution for Black American women in Atlanta, Georgia.
1988 (Nov 4)
Comedian and television star Bill Cosby announced his intention to donate $20 million to Spelman College, an institution for Black American women in Atlanta, Georgia. The contribution represented the largest individual gift in the 107-year history of the college and the largest such gift ever made by a Black American. In announcing the donation, Cosby told a group of two thousand people attending an inaugural reception for Spelman's new president, Johnnetta Cole, that "Mrs. Cosby and I wanted this woman to know how much we love this school." He also urged other Blacks to do more in supporting historically Black colleges. “I think we all understand that schools need money, but I think we accepted that White folks were going to keep them alive." College officials indicated that Cosby's money would be used to construct a new academic building, establish endowed academic chairs in the fine arts, humanities, and social sciences, and strengthen the school's $42 million endowment.
References:
- • Hornsby, Alton. Chronology of African-American History: Significant Events and People from 1619 to the Present. Detroit: Gale Research, 1995.