Netflix’s Reed Hastings and Wife Patty Quillin Donate $10 Million to HBCU in Mississippi

variety.com:

Todd Spangler NY Digital EditorNetflix co-CEO Reed Hastings and his wife, Patty Quillin, an independent film producer, are personally donating $10 million to Tougaloo College, a historically Black college and university in Mississippi, and the school’s partnership with Brown University.Of the total, $5 million will fund scholarships at Tougaloo, in Jackson, Miss., and $5 million will establish the Brown-Tougaloo Partnership Scholarship Fund at Brown, which is located in Providence, R.I.

The gift is the largest ever to the Brown-Tougaloo Partnership, which began in 1964 during the civil rights movement, and has connected more than 760 students, faculty and staff from both institutions through academic exchanges, fellowships, research projects and other initiatives.

In 2020, the couple donated $120 million to two HBCUs — Spelman College and Morehouse College –and the United Negro College Fund for scholarship programs.“HBCUs have been vastly undervalued for a long time,” Hastings and Quillin said in a statement. “They have an incredible track record of graduating so many Black leaders across the U.S. — doctors, lawyers, engineers and more.

By investing in the extraordinary students who attend Tougaloo and Brown, we’re investing in America’s future.”Quillin and Hastings, who has a net worth of about $4 billion through Netflix stock holdings, have a long history of supporting financially disadvantaged Black and Latino students.