MacKenzie Scott’s $17 million donation to an Oklahoma college bolsters equity efforts despite political headwinds

Bitget App

Trade smarter

Bitget

News

Markets

MacKenzie Scott’s $17 million donation to an Oklahoma college bolsters equity efforts despite political headwinds

Bitget-RWA2025/11/24 16:48

By:Bitget-RWA

- MacKenzie Scott donates $17M to Northern Oklahoma College (NOC), its largest gift ever, to fund scholarships and expand access for underserved students. - The donation aligns with her $700M+ support for HBCUs and marginalized communities, emphasizing equity in education through institutional autonomy. - A parallel $5M gift to Little Priest Tribal College supports Indigenous education, reflecting her focus on systemic gaps in access for low-income and Indigenous students. - With over $19B in total philant

MacKenzie Scott has once again demonstrated her philanthropic dedication by providing a $17 million contribution to Northern Oklahoma College (NOC), the oldest public community college in Oklahoma.

marking the largest donation the college has received in its 124-year existence

, highlighting Scott’s persistent efforts to broaden educational opportunities for students from underrepresented backgrounds. At NOC, where 80% of the student body benefits from financial assistance and 75% complete their studies without incurring student debt,

the donation will support the creation of new scholarships

as well as academic offerings and key projects outlined in the institution’s 2025 strategic plan.

NOC President Diana Morris described the gift as “truly transformative,” stressing its capacity to strengthen the college’s leadership in providing affordable and inclusive education.

In a press release, Morris commented

, “Her generosity will help us pursue our goal of becoming a model institution known for academic excellence and cultural advancement.” This donation fits within Scott’s broader mission to uplift organizations that champion equity, a priority that has led her to

contribute more than $700 million

to Historically Black Colleges and Universities (HBCUs) and other groups working to expand educational opportunities for marginalized populations.

This gift to NOC comes alongside a $5 million donation to Little Priest Tribal College in Nebraska,

which is also the largest in that college’s history

. The tribal college, serving approximately 250 students,

intends to allocate the funds toward a $60 million campus expansion

scheduled to commence in 2026. These latest donations further illustrate Scott’s ongoing support for institutions that address educational disparities, especially for Indigenous and economically disadvantaged students.

With an estimated net worth of $33 billion, Scott has consistently followed a philanthropic model that

gives recipient organizations complete discretion

in determining how to utilize the funds. This method, rare among major donors, empowers colleges and nonprofits to address their most urgent priorities without external restrictions. Her pledge to donate at least half her fortune has already

led to philanthropic contributions exceeding $19 billion

, focusing on social justice, racial equality, and educational transformation.

The donations to NOC and Little Priest Tribal College join a series of major gifts from Scott,

such as $70 million for the United Negro College Fund

and $50 million for the Native Forward Scholars Fund. As debates over diversity, equity, and inclusion continue, her backing of institutions committed to these principles has become increasingly vital.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops

Lock your assets and earn 10%+ APR

Lock now!

- Stablecoin market exceeds $280B, driven by regulatory clarity and institutional adoption, capturing 8% of crypto assets. - ECB warns of systemic risks from stablecoin concentration, de-pegging events, and mass redemption "runs" threatening global markets. - USDC overtakes USDT in onchain activity due to regulatory alignment, with Circle's market cap rising 72% YTD to $74B. - ECB calls for global regulatory coordination to address cross-border arbitrage gaps and prevent destabilizing retail deposit shifts

Bitget-RWA•2025/11/25 06:12

Stablecoin Market Exceeds $280B as ECB Warns of Potential Systemic Risks

Bitcoin News Update: MicroStrategy Faces an Identity Dilemma—Is It a Technology Company or a Bitcoin Holding Entity?

- MicroStrategy faces potential MSCI index reclassification as a Bitcoin investment vehicle, risking $8.8B in passive fund outflows. - The debate centers on whether crypto-heavy firms should be classified as operating businesses or passive funds, impacting capital access and valuation. - CEO Michael Saylor defends MSTR as a "structured finance company," leveraging Bitcoin-backed securities to differentiate from passive vehicles. - Compressed stock-to-NAV multiples and Bitcoin's price slump threaten MSTR's

Bitget-RWA•2025/11/25 06:12

Bitcoin News Update: MicroStrategy Faces an Identity Dilemma—Is It a Technology Company or a Bitcoin Holding Entity?

Japan Sets Out to Rebuild Investor Confidence in Crypto Following Significant Security Breaches

- Japan's FSA will mandate crypto exchanges to hold liability reserves proportional to trading volumes and security risks, modeled after traditional securities safeguards. - The reform responds to major breaches like the 2024 DMM Bitcoin hack ($312M stolen) and allows exchanges to offset reserve costs via insurance policies. - New rules require segregating user funds from corporate assets and reclassify crypto as securities under the Financial Instruments Act to enable investment products. - Experts view t

Bitget-RWA•2025/11/25 06:12

Japan Sets Out to Rebuild Investor Confidence in Crypto Following Significant Security Breaches

Bitcoin News Today: Bitcoin's Rebound Fails to Ease Crypto's Liquidity Crunch

- Bitcoin's $80,000 rebound failed to reverse crypto's liquidity crisis as structural risks deepen amid macroeconomic pressures and thinning market liquidity. - Total crypto market cap fell below $3 trillion with $950M+ liquidations, while Bitcoin's dominance dropped below 49% as capital rotated into altcoins like HBAR and HYPE. - Institutional divergence emerged: spot ETFs saw $1.38B redemptions while on-chain accumulators added 42,000 BTC, contrasting with long-term investors offloading ~42,000 BTC this

Bitget-RWA•2025/11/25 05:54