Arthur Blank’s latest move is nothing short of monumental. Through the Arthur Blank Foundation, he has pledged $50 million over the next 10 years to support four of Atlanta’s most storied HBCUs (Clark Atlanta University, Morehouse College, Morris Brown College, Spelman College) with “gap scholarships” for students who are nearing graduation but have exhausted other financial aid.
The idea is to lift the burden from students who are academically qualified but financially stuck, helping nearly 10,000 learners complete their degrees.
To understand the depth of this move, it is helpful to examine the Arthur Blank Foundation itself. Blank, co-founder of Home Depot and owner of the Atlanta Falcons and Atlanta United, has committed to giving away more than half of his wealth and has already fun