If it is used exclusively for scholarships to young people of color and not diverted to political agendas in the name of improving the lot of the non-whites. Groups like the Rainbow coalition will be drawn to this fund like flys to honey and if it can be skimmed they will wet their beaks. You can bet that if the fund is restricted to education in the classical sense it will be highly criticized by some groups.

It goes against my nature to agree with this kind of thing but it is Gate's money and I'll admit that the more education received by non-whites the better off the world will be. Will my saying that be construed as racist by some? It probably will but I perceive education as the great equalizer and I presume that is the intent of Gates. I also believe that education works against broad diversity and imo that is a very good thing.

There are also scholarship funds that, while they may not exclude non-whites, favor whites overwhelmingly. That is okay and the Gates fund makes it even more okay.