Princeton University alumni Kwanza Jones and José E. Feliciano have made a $20 million gift to Princeton University, the largest gift to date by Black and Latino donors.

Clearlake Capital Group co-founder Jose Feliciano and his wife, musical artist Kwanza Jones, have donated $20 million to Princeton University to construct two new dormitories at their alma mater that will be named after the two donors. It is the largest donation to the university to date from Black and Latino philanthropists, Princeton said. Feliciano helped found Clearlake in 2006.

The billionaire investor and artist, lawyer and entrepreneur have given the biggest gift ever to the university from Black and Latino donors.

Jose Feliciano, the co-founder of Clearlake Capital Group, and his wife Kwanza Jones are using a $20 million gift to help Princeton University expand its student body by 10%, broadening educational opportunities for minority and low-income students.