The Arthur M. Blank Family Foundation (AMBFF) is committing $50 million to four Atlanta University Center member institutions. The scholarship investment will be for 10 years, beginning in 2026, and will be awarded to Clark Atlanta University, Morehouse College, Morris Brown College, and Spelman College.
The $50 million is projected to assist close to 10,000 students at the institutions. The funding is from the Arthur M. Blank Family Foundation’s Founder Initiative portfolio.
“Our chairman’s vision for this investment is rooted in a belief that every student deserves the chance to reach their full potential, regardless of financial circumstance. By committing $50 million to these students, we’re not just providing scholarships,” Fay Twersky, president, Arthur M. Blank Family Foundation, said.
“We’re opening doors for thousands of talented young people whose dreams might otherwise be deferred. This is about more than graduation rates; it’s about empowering students to become leaders, innovators, and changemakers in their communities. We know that when we invest in students, we invest in a brighter future for students’ families and communities in Atlanta and beyond.”
The AMBF was founded in 1995 by Atlanta Falcons and Atlanta United owner Arthur M. Blank. Since then, the foundation has gifted more than $1.5 billion to universities, charities, and local organizations and non-profits.
Some of that charitable giving has gone to HBCU’s, including $10 million to Spelman College’s Arthur M. Blank Innovation Lab, $6 million for improvements of athletic fields at Clark Atlanta, Albany State University, Miles College, and Savannah State University, $3 million to Morris Brown to digitize a one-year hospitality credential, and $400,000 to the Morehouse College golf program and new football helmets for the Clark Atlanta and Morehouse football programs.