Livingstone College News Service

Livingstone College’s president, Dr. Anthony Davis, announced that the institution received another $10 million megagift from the same anonymous benefactor who gifted the college $10 million last summer to support the HBCU’s “Miracle on Monroe Street” construction initiative.

Davis said the latest gift will allow the college to move to phase three of renovation projects including work to Goler Hall and Honors Hall.

“We are humbled that Livingstone received a philanthropic investment of this nature which will enable us to provide environmentally sensitive residential spaces for our students,” David said.

Considering the impact of the withdrawal of certain federal funding in higher education, private investments in higher education, especially at HBCUs, are more important than ever to sustain and grow the institutions. Livingstone’s recent gift is the second-largest outright donation in Livingstone’s history and the second transformational gift since the start of the calendar year; the college announced the receipt of a $3 million gift in January.

Davis is closing in on raising nearly $40 million in private gifts for the college over the past two fiscal years.

Philanthropic investments being made at Livingstone allow the college to keep pace with its growing student population. Davis said the college achieved a 13 percent increase in student enrollment this academic year, outpacing even the college’s public HBCU siblings across the state.