Frank Baker and his wife Laura Day Baker, gifted Spelman College $1 million to offset the tuition for 50 high-achieving graduates that had tuition balances and needed help.

“We are all aware of the headwinds that people of color — especially women — face in our country, the challenges of which are made even more apparent by the economic and health impact of the COVID-19 pandemic,” Frank and Laura Day Baker said in a statement.

Baker has spent $250,000 this year to cover the tuition of students so they can graduate with no balances owed and he will spend no less the $1 million dollars the next three years to give other Spelman graduates the same benefit.

“The people who my heart really goes out to are women in their senior year who can’t afford it anymore and have to drop out,” Baker told Forbes.

This generous donation comes a year after Robert Smith agreed to pay off the student loan debt for all graduating seniors at Morehouse College.