Mister
Ignorance can be remedied. Stupidity is incurable.
Why not an hbcu?
Yes, it matters
Maybe because he's from the area and USC had/has one of the best music schools in the country.
Also, it wasn't just his money and it wasn't really a "donation".
In 2013, Iovine and Young gave a $70 million endowment to the University of Southern California to create the USC Jimmy Iovine and Andre Young Academy for Arts, Technology and the Business of Innovation—a new model for training and inspiring young innovators.