Philanthropist MacKenzie Scott gifted $63 million to Baltimore's Morgan State University, the university said on Wednesday.

It was the second financial donation Scott has given Morgan State in less than five years. She has gifted the university $103 million over those five years.

"Her continued generosity strengthens our mission to produce outstanding, diverse graduates prepared to lead the world," Morgan State said in a statement. "Thank you, Ms. Scott, for believing in our work and helping us keep history alive for generations to come."

What will the gift be used for?

Scott's donations come without restrictions, according to Morgan State, allowing it to invest in its long-term vision.

Morgan State says the $63 million will be used to "further strengthen Morgan's endowment, enhance s

See Full Page