Inside an HBCUâs Big Endowment Push
By Sara Weissman North Carolina A&T State Universityâs endowment hit $202 million this summer, the highest of any public historically Black college or university (HBCU) in the country. That sum is about 10 times larger than it was 15 years ago, when the endowment stood at a more modest $20 million. University leaders are celebrating the news. âAs our endowment grows, it provides significant income to fund programs and enhance operations at North Carolina A&T,â outgoing Chancellor Harold L. Martin said in an announcement. âIt also increases our funding flexibility, allows us to plan more effectively for future initiatives and lends