The scholarship was set up by Bernice King, the youngest child of Coretta Scott and Martin Luther King Jr, who graduated from Spelman in 1985 and promised to help send other women to the prestigious liberal arts college, the Atlanta Journal-Constitution reported.
The endowment totals $189,000, with gifts of $100,000 from Bernice King, $75,000 from Home Depot and $14,000 from New Birth Missionary Baptist Church, the newspaper said.
King said she hopes to grow the fund to $5 million.
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