The gift will fund the Valerie Ervin Student Success Endowed Scholarship, named for the foundation's president, and the Robert C. Davidson Jr. Student Success Endowed Scholarship, in honor of the foundation's chair, a 1967 graduate of Morehouse and chairman emeritus of the Morehouse board of trustees. Ervin also has served the school as a trustee.
The scholarships funded by the gift will be awarded through the school's Student Success Program, which was launched in 2019 to help alumni thrive after graduation. Debt-erasing SSP scholarships enable Morehouse alumni to pursue advanced degrees, start careers, and build wealth without being tethered to undergraduate student loan debt. Since 1995, the foundation has given more than $9.6 million to the college, including major support for the Ray Charles Performing Arts College.
"Morehouse College is committed to empowering leaders who are prepared to solve the greatest challenges facing the world today and tomorrow, a mission Ray Charles championed through his artistry, philanthropy, and advocacy," said Morehouse College president David A. Thomas. "The Ray Charles Foundation is a longtime supporter of Morehouse and has carried on the tradition of excellence and service that was a hallmark of Ray Charles — a musical genius, a successful businessman, and cultural ambassador to the world. I would like to thank the Ray Charles Foundation for its contribution and applaud the foundation leaders whose work is being honored by this scholarship."