Xavier University receives $20 million anonymous windfall

A $20 million gift from an anonymous donor has become Xavier University of Louisiana’s largest private donation from an individual in the university's history.

The gift, announced July 28, will allow the university to expand scholarships, endow new faculty positions and make much needed investments to sustain the mission of the nation’s only Catholic and historically Black university.

The $20 million gift represents an entrée into a new era of fundraising at the institution as it approaches its 100th anniversary in 2025. 

The gift was secured following conversations between Xavier University of Louisiana president Reynold Verret and representatives of the donor, in which were shared Xavier’s mission, student profile, dedication to academic rigor and cultivation of the spirit of service leadership in our students.

“This is a remarkable demonstration of support and encouragement for Xavier and its mission, and a reminder that what we do is important, not only at the University, but also within our global community,” Verret said. “This gift will enhance the university's capacity to educate in the medical sciences, pharmacy, law, the arts, and the social sciences.” 

The gift is a pivotal development, ensuring that students have access to the exceptional education offered at Xavier. The institution is known for its long history of producing more African-American MDs than any other institution in the United States, federal judges, civil rights attorneys, renowned artists and musicians, business leaders and elected officials serving on local, state and national levels.