MacKenzie Scott gave Native Forward $50 million; it will spend $10 million on scholarships and place $40 million in a permanent endowment

Table of Content

Native Forward Scholars Fund has revealed how it will use the entire $50 million unrestricted donation from philanthropist MacKenzie Scott. The organisation will spend $10 million over the next five years to expand scholarships for Native students, while placing the remaining $40 million into a permanent endowment to provide long-term support. The gift, the largest in the organisation’s 57-year history, comes as demand for financial aid continues to rise, with scholars facing an average unmet need of $26,000. Native Forward says the funding will help both current students and future generations pursue higher education. 

Leave a Reply

Your email address will not be published. Required fields are marked *

Featured Posts

Featured Posts

Daily WA Online is an independent news and media platform covering Western Australia. Owned by TMFS International Pty Ltd., we publish local stories, business insights, lifestyle features, and community voices for the digital era.

Featured Posts

Follow Us