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Howard Receives $500K Endowment from Phi Beta Sigma Fraternity

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Special to the NNPA from the Afro-American Newspaper

Howard University recently received a $500,000 endowment from the Phi Beta Sigma fraternity, a gift the organization called a “reflection on its glorious past and the enormous achievements it has attained to date.”

On July 25, Phi Sigma Beta Inc. International President Jonathan Mason presented the gift to newly appointed Howard University President Wayne A.I. Frederick.

In a release announcing the presentation, the fraternity called Howard University “beacon light from which all of the [Phi Sigma Beta] organization’s amazing accomplishments have shined.”

A week before the presentation, Phi Sigma Beta celebrated the centennial of its founding with a gala event in Washington, D.C. The community service organization currently boasts more than 150,000 members and chapters in very state.

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