Reed Hastings, the CEO of Netflix, and his wife Patty Quillin, are opening up their bank accounts for HBCUs and the United Negro College Fund.
Hastings and Quillin are donating $40 million to Morehouse College, $40 million to Spelman College, and $40 million to the United Negro College Fund (UNCF), totaling $120 milion.
Both of us had the privilege of a great education and we want to help more students - in particular students of color - get the same start in life."
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The $120 million is the largest-ever individual gift to support scholarships at historically black colleges and universities.
See Morehouse President David Thomas thank Reed Hastings and Patty Quillin in the video below.
