Netflix co-founder and CEO Reed Hastings donates $120 million to HBCUs

Reed Hastings and his wife Patty Quillin announced that they are giving $120 million to be split among historically black colleges Morehouse, Spelman and the United Negro College Fund.

Spelman, Morehouse, UNCF will receive $40 million dollars each.

JUST ANNOUNCED: @Netflix co-founder & CEO @ReedHastings and his wife Patty Quillin say they'll give $120M, to be split among @Morehouse & @SpelmanCollege & @UNCF — the largest single individual gift ever to support scholarships at historically black colleges and universities. pic.twitter.com/33ZLzdNLzW

— CBS Mornings (@CBSMornings) June 17, 2020