Netflix CEO donates $120 million to black colleges in an effort to 'reverse generations of inequity'

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Netflix CEO donates $120 million to black colleges in an effort to 'reverse generations of inequity'
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The CEO of Netflix says he will donate $120 million to historically black colleges and universities, calling the gift 'an investment in America's future.'

The CEO of Netflix says he will donate $120 million to historically black colleges and universities , calling the gift"an investment in America's future."

Reed Hastings, the CEO of Netflix, and his wife Patty Quillin, said Wednesday they are donating $40 million to Morehouse College, $40 million to Spelman College, and $40 million to the United Negro College Fund . "We've supported these three extraordinary institutions for the last few years because we believe that investing in the education of Black youth is one of the best ways to invest in America's future," Hastings and Quillin said in a statement.

— Netflix May 30, 2020 Hastings also donated $1 million to the Center for Policing Equity."Great organization that has been working on this big problem for a decade," Hastings tweeted on June 2, linking to a tweet from Policing Equity that announced his donation. He urged people to watch a TED Talk from Dr. Phil Goff, who"works police departments to help public safety be more equitable and less deadly," according to TED Talks.

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