I have to agree. That amount of money could have greatly helped a majority of the black historic colleges that so badly need the money. Of course if you think that is bad someone recently just gave $400 million (more covered here: https://www.insidehighered.com/news/2015/06/05/400-million-g...).

Even Gates gave $15 million circa 1996. This is was of course before he went into full philanthropy mode [1]. I'm sure he wouldn't do that now.

[1]: http://www.nytimes.com/1996/10/30/us/gates-of-microsoft-give...