Only in a legal sense is it their business because they are privately funded. In reality they are subject to public pressure so would never dare have a whites/Asians only scholarship. Some rich man with cojones should do exactly this to make a point. There will be public outcries as makes a certain point about race based BS scholarships like the billion dollar one from Bill Gates Foundation which his wife mostly runs. It is her do-gooder program plus I think his father was on the board and worked there too
Sounds like we agree. I *was* only talking about the legal aspects. The rest of what you say about public pressure is spot on. Even Chick-Fil-A has responded to public pressure and pushed their private foundation leftward.