Netflix CEO Reed Hastings and his wife, Patty Quillin, are donating $120 million toward student scholarships at historically black colleges and universities.
The couple is giving $40 million to each of three institutions: the United Negro College Fund, Spelman College and Morehouse College.
The organizations said it is the largest individual gift in support of student scholarships at HBCUs. Hastings has a history of supporting educational causes, including charter schools.
He launched a $100 million education fund in 2016, beginning with money toward college scholarships for black and Latino students.
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