Paul Quinn College Receives $20 Million Gift, the Largest in School's 152-Year History

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Jul 25, 2024, 08:30 ET

The donation will increase opportunity for students, further advancing its mission of eradicating intergenerational poverty

DALLAS, July 25, 2024 /PRNewswire/ -- Paul Quinn College, the creator of the Urban Work College model and only minority-serving, federally recognized Work College in America, has received a $20 million gift from an anonymous donor. This transformative grant, the largest in the institution's 152-year history, ushers in a new era of opportunity for the students of the Quinnite Nation.

"The impact of this gift on our institution and our students, staff, faculty, and alumni cannot be overstated. This moment belongs to every Quinnite who toiled in the vineyard hoping and praying that a moment like this one would come," said Dr. Michael J. Sorrell, President of Paul Quinn College. "We will be eternally grateful to the donors who made this possible. We will never forget them or their faith in our work."

Among the investments that this gift will allow are:

Expand PQC's ability to provide scholarship support for students.
Significantly increase the College's endowment.
Establish an endowed Faculty Chair for the Banking & Finance Program.
Bolster the Fundraising & Philanthropy Program.
Expand the Office of Development.
Support the Every Quinnite is an Entrepreneur Program.
Endow the upkeep and maintenance of the College's physical plant.
Enhance the school's outdoor collaborative learning spaces.

To invest or partner with Paul Quinn College, please visit www.pqc.edu/invest.
To learn more, watch President Sorrell's video announcement.

ABOUT PAUL QUINN COLLEGE
Paul Quinn College is a private, faith-based, four-year, liberal arts-inspired college that was founded in 1872, by a group of African Methodist Episcopal Church preachers in Austin, Texas. The school's original purpose was to educate freed slaves and their offspring. Today, Paul Quinn proudly educates students of all races and socio-economic classes under the banner of its institutional ethos, WE over Me. It is the first Urban Work College and only minority-serving, federally recognized work college in America. Paul Quinn is viewed as one of the most innovative colleges in America, one that continuously expands the boundaries of higher education and community advocacy in its quest to eradicate intergenerational poverty. For more information, visit www.paulquinn.edu. Follow Paul Quinn College on X, Facebook, Instagram, and LinkedIn.