Netflix's Reed Hastings and Patty Quillin to donate $120M to Black education
Netflix's Reed Hastings and Patty Quillin to donate $120M to Black education
Reed Hastings has been involved in education reform since the late 1990s, including backing charter schools a subject that has polarized the education community.
June 17, 2020, 9:17 AM EDT
By Dylan Byers
Netflix CEO Reed Hastings and his wife, Patty Quillin, on Wednesday announced that they are committing $120 million to the United Negro College Fund and two historically Black colleges as part of the fight for racial justice spurred by the killing of George Floyd.
"The times are the most stressed, the most painful, that weve ever seen in our lives," Hastings said in an interview Wednesday with MSNBC's Craig Melvin. "But out of that pain can come some opportunity, too. And maybe this will be the moment things change."
The gift, which Hastings called "the biggest gift weve ever given," comes as businesses and business leaders across the country are donating to Black institutions and to those that support the fight for racial justice.
Hastings and Quillin will donate $40 million to the college fund and $40 million each to Spelman College and Morehouse College, both historically Black and based in Atlanta. The contribution is intended to support student scholarships at Historically Black Colleges and Universities, or HBCUs.
"We wanted to do our part to draw attention, in this case, to the HBCU's 150 years of resilience, of educating young Black people and the stories not well understood in the white community," Hastings said.
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https://www.nbcnews.com/tech/tech-news/netflix-s-reed-hastings-patty-quillin-donate-120m-black-education-n1231267