AKA Sorority Inc. Donates $50,000 to Boost FAMU Endowment
Alpha Kappa Alpha Sorority Inc. donated $50,000 to the Florida A&M University Foundation Endowment. The money was raised as part of the sorority’s efforts to boost the size of endowments at Historically Black Colleges and Universities (HBCUs). Representatives from the service organization made the presentation at the end of the President’s Convocation in the Al Lawson Gym and Multipurpose Center on Sept.10.
For the past three years, AKAs have held annual a $1 million HBCU Impact Day Initiative Day to raise money for HBCUs. In 2021, the sorority donated $1.6 million to 35 eligible four-year HBCUs, including FAMU.
The endowments on the HBCU campuses will grow in perpetuity and help schools reduce student debt through scholarships, fund industry-specific research, and provide much-needed infrastructure maintenance. Those funds are proving to be extremely crucial during the current climate in higher education.
Members and supporters have surpassed the $1 million goal for the past three years. Last year’s Impact Day raised $1.3 million.
For the fourth consecutive year, the national organization has set a goal to raise $1 million in 24 hours for their national HBCU Impact Day initiative. Set for Monday, September 20, the annual fundraiser is part of the sorority’s four-year, $10 million commitment to HBCUs led by AKA International President and CEO Glenda Glover, Ph.D.
The organization’s more than 300,000 college-educated members, corporate partners, and donors are challenged to make contributions to assist with the ongoing fiscal sustainability and operations of the more than 100 HBCUs around the country. Founded in 1932, the FAMU AKA chapter includes more than 70 members.
HBCU Impact Day is part of the sorority’s recognition of HBCU Week. On Monday, chapters around the globe will host fundraising events in support of the $1 million fundraising goal. Interested donors can make contributions by giving by mail or online at http://donate.akaeaf.org during the 24-hour campaign.
For more information on the sorority’s commitment to HBCUs, visit www.AKA1908.com