Netflix CEO Reed Hastings and his wife, Patty Quillin, will donate $120 million to the United Negro College Fund and two historically black colleges to advance black education in the United States.

Hastings called the donation “the biggest gift we’ve ever given” as the country grapples with how to deal with racial inequality following the May 25 police killing of George Floyd in Minneapolis. Floyd’s death sparked movements across several industries, organizations, and high-profile businesses and prompted people to speak out about doing their part to improve race relations in the country.