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Spelman College in Atlanta will receive the largest single financial donation ever made to a historically Black college or university, the school announced on Thursday. 

Billionaires Ronda Stryker and William Johnston will donate $100 million to the women’s college. Stryker is a member of Harvard Medical School’s board of fellows and a member of the college’s board of trustees. She is also the granddaughter of the founder of Stryker Corp., a medical device company. Her husband, Johnston, is the founder and board chairman of Greenleaf Trust, a wealth management firm in Michigan. 

The college is both “invigorated and inspired” by the generous donation, Spelman College’s President Dr. Helene Gayle said in a statement.

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