Black College Association and Alabama Firm Team Up on Fundraising Program: The National Association for Equal Opportunity in Higher Education (NAFEO) and an Alabama-based insurance and financial services company are launching a life insurance program that is expected to help raise funds for the nation’s historically Black colleges and universities (HBCUs) and the Predominantly Black Institutions (PBIs).
The initiative, which is known as the “Insuring the Dream” program, is a life insurance program that will enable HBCU and PBI supporters to choose the school of their choice as policy beneficiaries. The program offers a vehicle for these higher education institutions to secure support from administrators, faculty, staff, students, alumni, family as well as to an extended circle of friends who have been an undertapped resource as potential donors, officials said Wednesday.
