Morehouse College is a private, all-male, historically black college located in Atlanta, Georgia. Along with Hampden-Sydney College and Wabash College, Morehouse is one of three remaining traditional men's colleges in the United States. - Source: Wikipedia
The organizations said it is the largest individual gift in support of student scholarships at HBCUs.
The overall cost-cutting effort is meant to save $3 million, the college said.
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