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Education
Jamie Dimon Donates $12 Million to 12 Historically Black Colleges
✍️ Times of India
🗓 02 Sep 2026, 12:53 PM
👁 184
Jamie Dimon and his wife Judith have pledged $12 million to twelve historically Black colleges and universities, creating a permanent endowment to support student economic opportunity.
Jamie Dimon, the CEO of JPMorgan Chase, and his wife Judith have announced a $12 million donation to twelve historically Black colleges and universities (HBCUs) across the United States. The gift will establish the Dimon Fund to Advance Economic Opportunity for students, providing permanent endowment capital that will generate long‑term support for the selected institutions.
The fund aims to enhance educational resources, scholarships, and career development programs, thereby expanding economic mobility for HBCU students. By creating a lasting financial foundation, the Dimon Fund seeks to address systemic inequities and promote sustainable growth within these universities.
The twelve HBCUs were chosen based on their demonstrated leadership and strong records in preparing students for successful careers. The selection process emphasized institutions that have consistently shown excellence in academic quality and student outcomes.
The Dimon Foundation has a long history of supporting education and economic mobility initiatives, and this latest contribution underscores its commitment to fostering opportunity for historically marginalized communities.
The fund aims to enhance educational resources, scholarships, and career development programs, thereby expanding economic mobility for HBCU students. By creating a lasting financial foundation, the Dimon Fund seeks to address systemic inequities and promote sustainable growth within these universities.
The twelve HBCUs were chosen based on their demonstrated leadership and strong records in preparing students for successful careers. The selection process emphasized institutions that have consistently shown excellence in academic quality and student outcomes.
The Dimon Foundation has a long history of supporting education and economic mobility initiatives, and this latest contribution underscores its commitment to fostering opportunity for historically marginalized communities.