Today, Reed Hastings is launching a $100m educational fund, which I will manage.
The website for the fund is here.
The first two gifts are to United Negro College Fund and to Hispanic Foundation of Silicon Valley to support college education of Black and Latino youth, totalling $1.5m. The goal of these investments is to provide students of color with exceptional post-secondary educational experiences.
I will continue to work with the Laura and John Arnold Foundation as well.
I feel very grateful to be working with such extremely thoughtful philanthropists.
There are a lot students in this country who don’t have access to amazing schools.
Hopefully, this can change.