In 2014, four traditionally White institutions (TWIs) received more revenue from grants and contracts than all four-year historically Black colleges and universities (HBCUs) combined (See Tables 1 and 2). In total, 89 four-year HBCUs collectively received $1.2 billion for grants and contracts from the federal, state and local governments, as well as private foundations. By comparison, John Hopkins University received $1.6 billion alone. On average, each HBCU receives $11 million from the federal government, $1.3 million from state governments, and a little more than $504,000 from local governments and private foundations, for a total average of $12.8 million for grants and contracts annually. The total annual average for all institutions of higher education is $27.7 million. In perspective, the annual revenue total for grants and contracts for the average TWI, would rank in the top-10 among HBCUs.