Harvard University sets aside $100 million for an endowment fund and other measures to close the educational, social and economic gaps that are legacies of slavery and racism
Harvard's announcement comes as US institutions grapple with how to make amends for their role in slavery.
The move follows a wide-ranging internal review of the university's role in slavery, the results of which were posted on its website. "Harvard benefited from and in some ways perpetuated practices that were profoundly immoral," Harvard president Lawrence Bacow wrote in a letter to students and staff posted on the institution's website.
The report also found that the university "benefited from extensive financial ties to slavery," including donations from slave traders.
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