Dimon Foundation Boosts Edward Waters Endowment | Jacksonville News

Edward Waters University just landed a $1 million boost from the James and Judith K. Dimon Foundation, fueling its endowment to $8.6 million — a fourfold increase since 2018. The gift will empower scholarships, faculty, and campus growth, as President A. Zachary Faison Jr. calls it a game-changer for student success. Among 12 HBCUs honored with the same donation, Edward Waters is expanding STEM pathways, including public health and nursing partnerships with the University of Florida. With HBCUs producing 28% of Black STEM degrees despite being just 9% of colleges, this investment underscores their vital role in the American Dream — and how strong endowments create lasting independence and innovation for future generations. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/e0766fb2db89c4b2