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Friday, March 6, 2026

Huston-Tillotson Secures Record $150 Million Gift

Largest Single Donation to an HBCU Announced at Huston-Tillotson’s 150th Anniversary Convocation

Huston-Tillotson University has entered the national spotlight after receiving a $150 million gift from the Moody Foundation, the largest single donation in history to a Historically Black College or University (HBCU). The announcement came during the university’s Fall Convocation, an event that also marked Huston-Tillotson’s 150th anniversary.

What the Funds Will Support

University leaders said the donation will directly impact students and campus infrastructure. The money will support new scholarships, faculty development, and upgraded academic spaces. It will also fund improvements to student housing and help move forward with long-planned construction and modernization projects.

Melva K. Wallace, president and CEO of Huston-Tillotson University, hugs Ross Moody after he announced a $150 million donation from The Moody Foundation on September 18.
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A Vote of Confidence

President Dr. Melva K. Wallace called the moment “magic,” emphasizing that the gift allows Huston-Tillotson to accelerate long-delayed projects. Leaders at the Moody Foundation said the investment is a strong expression of confidence in the university’s leadership, vision, and role as Austin’s only HBCU.

Ripple Effects Beyond the Campus

The donation is expected to elevate the profile of Huston-Tillotson nationally, potentially inspiring more students to apply and more donors to invest. The timing underscores a broader trend in philanthropy, where large foundations are committing resources to strengthen HBCUs as anchors of opportunity, culture, and education.

Looking Ahead

While $150 million is transformational, university leaders stressed that execution will be key. Planning, design, and construction will take time, but the gift provides the means to make significant progress. The investment ensures Huston-Tillotson can better serve future generations while celebrating a century and a half of educational excellence.

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