Florida A&M University (FAMU) is one of five historically Black colleges and universities (HBCUs) impacted by the global pandemic to receive $50,000 in direct emergency funding support from Vanguard, the firm announced Friday.
Delaware State University, Hampton University, Howard University, and North Carolina A&T State University were among the other HBCUs that each received $50,000 in direct emergency assistance.
Vanguard also contributed $100,000 to the Thurgood Marshall College Fund’s COVID-19 HBCU Emergency Fund, which provides resources to ensure students and faculty have access to virtual learning tools, mental health support, and tuition assistance.
“Vanguard believes that diversity, inclusion and belonging are essential to our success as a leader in the asset management industry,” said Crystal Hardie Langston, Vanguard’s chief diversity officer. “Vanguard understands the important role historically Black colleges and universities play in educating some of our nation’s most promising students, and we are dedicated to providing the resources necessary to ensure these vital institutions are given the opportunity to grow and thrive.”
FAMU Vice President for University Advancement Shawnta Friday-Stroud, Ph.D., said at the onset of the COVID-19 pandemic, the Vanguard team reached to find out how the University was being impacted and to explore ways of assisting. As an existing strategic partner, Vanguard was already providing career development opportunities and curricular enhancements for FAMU students and academic programs, said Friday-Stroud, who is also dean of the School of Business and Industry (SBI).
“The Vanguard team translated our initial pandemic conversation to a financial and human capital investment in Florida A&M University to support the technology needs of our students and the University,”
One of the world’s largest investment management companies, Vanguard has a long history of partnering with HBCUs and has developed a comprehensive recruiting strategy designed to reach underrepresented communities. The firm has establiFAMU Among HBCUs To Receive $50,000 In Emergency Funding from Vanguard appeared first on FAMU Forward.
