Investment Spotlight: Reinvestment Fund’s HBCU Brilliance Initiative
The Kresge Foundation invested in Reinvestment Fund’s HBCU Brilliance Initiative to create opportunities for students, stimulate economic growth, and strengthen the vibrant communities surrounding these institutions. HBCU Brilliance Initiative demonstrates the type of technical and financial support that will position HBCUs to make critical investments in their facilities, financial stability, and long-term growth to better serve their institutional missions. The Fund is designed to serve as flexible capital for the nation’s 109 HBCUs. It includes unique underwriting standards crafted to recognize the particular needs of HBCUs.
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