Huston-Tillotson Lands Record $150M Gift From Moody Foundation

AUSTIN, Texas — Huston-Tillotson University announced it has received a historic $150 million gift from the Moody Foundation, marking the largest single donation ever made to a Historically Black College or University (HBCU) in the United States.

The gift, revealed Sept. 18 during HTU's sesquicentennial convocation, is crafted to transform the university across multiple fronts. It will support student housing, academic spaces, innovative scholarship programs, and endowments. Also included are funds for professional support, marketing, development infrastructure, and enhancements aligned with the school's strategic plan and master plan.

HTU, founded in 1875 and located in East Austin, describes itself as the first institution of higher education in the city. With this infusion of funding, the university aims to elevate its profile, extend its reach, and solidify its role as a national leader among HBCUs.

"This gift is a testament to faith, prayer, and the genuine belief in the goodness of others," said Dr. Melva K. Wallace, president and CEO of Huston-Tillotson. She expressed gratitude to Moody Foundation trustees Ross Moody, Elle Moody, and Francie Moody-Dahlberg, saying their donation "will completely transform Huston-Tillotson, as well as the city of Austin, and set us up for success for another 150 years."

Ross Moody, trustee of the Moody Foundation, added, "We believe in the vision of Huston-Tillotson and the extraordinary leadership of Dr. Wallace and the board." Foundation trustee Elle Moody emphasized that education is central to the foundation's work: "Fueling student success is at the heart of the missions of both Huston-Tillotson and Moody Foundation."

The Moody Foundation has a long history with HTU: donations since 1968 total more than $1.3 million. This new gift arrives in the context of the foundation's broader commitment of $1 billion toward improving education in Texas by 2035, including support for early learning and postsecondary success.

HTU offers more than 19 areas of study, awarding associate, bachelor's, and master's degrees. It is an independent, church-related liberal arts institution, accredited by the Southern Association of Colleges and Schools Commission on Colleges.

The university says the donation will help accelerate construction and renovation of student housing and academic buildings, expand scholarships, strengthen its endowment, and upgrade internal infrastructure — including marketing and development operations — all aimed at enhancing student experience and institutional stability.