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Moody Foundation Gives $150 Million to Huston-Tillotson, Setting Record for a Private HBCU

Funds will expand housing, upgrade facilities, create scholarships at the 1,056-student Austin HBCU.

Overview

  • The surprise announcement came at Huston-Tillotson’s fall convocation on Sept. 18 during its 150th year, with Ross Moody revealing $150 million after leaders had been told to expect $130 million.
  • The gift is the largest in the Moody Foundation’s 80-year history and the biggest single donation to a private HBCU in the United States.
  • Huston-Tillotson plans new residence halls for up to 800 students, upgrades to aging buildings, expanded scholarships, and a series of endowments.
  • The funding aligns with the Moody Foundation’s commitment to invest $1 billion in Texas education by 2035.
  • The university enrolls just over 1,000 students but has only two dorms that force some to live off campus, and detailed construction or disbursement timelines have not yet been released.