Jamie Dimon donates $12 million to 12 HBCUs as US funding cuts hit public institutions

Jamie Dimon and Judith Dimon donated $12 million through their foundation to assist 12 historically Black colleges and universities. The donation aims to create permanent endowments, providing long-term financial stability to these institutions. Selected schools were recognized for their strong leadership in preparing future healthcare professionals. The Dimons highlighted the importance of HBCUs in enabling students to pursue the American Dream.