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Xavier University of Louisiana receives $250,000 for permanent endowment fund from Diageo North America

XULA DIAGEO

Xavier University of Louisiana has received $250,000 from Diageo North America to create a permanent endowment fund and provide financial aid grants to talented students across different disciplines and majors. This is part of a broader innovative program that Diageo North America announced to support 25 Historically Black Colleges and Universities (HBCUs), focused on building opportunities to develop future leaders and help shape a more equitable society. The initiative is expected to benefit thousands of students over the years across the country. 


African American Students from the New Orleans area will be prioritized to receive scholarship funds through this endowment. Scholarships will be immediately available through the university’s scholarship office. 


With a goal of helping to change the complexion of the industry, Diageo North America has also committed to taking a step to build a pipeline of talented leaders through an internship platform over the coming years and Xavier will be part of it. The company will provide opportunities for HBCU students to gain valuable work experience at a fast pace that could help them with their future career aspirations or jump-start their career in the consumer goods industry.


“We are proud to partner with these esteemed institutions and to do our part to help shape a more equitable society by providing opportunities for future leaders,” said Debra Crew, President, Diageo North America. “This initiative further deepens Diageo’s commitment to making a long term and sustainable impact on underrepresented communities.”


This initiative was created by working closely with Diageo North America’s African Heritage Business Resource Group (A.H.E.A.D.) to focus on the priorities and actions, along with the right partnerships, to make the most meaningful impact in the Black community.


To learn more about Diageo's work to support the communities where it operates, including company values, visit www.diageo.com.