British-based beer and spirits maker Diageo is giving a combined $10 million to 25 historically Black colleges and universities across the United States, continuing an upswell of giving to the institutions following last summer’s racial justice protests. The money, given by the company that makes and sells brands such as Guinness beer, Johnnie Walker whiskies and Smirnoff vodka, will create endowments to help colleges financially assist students. Diageo said it’s trying to help offset the higher student debt that graduates of historically Black colleges often accrue.
Guinness Parent Company Diageo Gives $10M To Historically Black Colleges, Including Morgan State, Bowie State
February 4, 2021