It's the kind of donation all schools hope to receive from an alumni one day.


Denzel Washington this week announced that he was generously giving $2 million to Fordham University for the creation of the Denzel Washington Chair in Theatre and a $250,000 gift to establish the Denzel Washington Endowed Scholarship for an undergraduate student studying theatre.


Phylicia Rashad, best known for her role as Clair Huxtable on the classic sitcom "The Cosby Show," will join the Fordham theater faculty as the university's first Denzel Washington Chair in Theatre.


"Show me a successful individual, and I'll show you someone who has had positive influences in his or her life. The late Bob Stone, my mentor, was a former actor and professor at Fordham University. Bob was one of those influences in my life. He believed in me and gave me something to live up to," Washington said. "I wanted to create the Denzel Washington Endowed Scholarship and Chair in Theatre at Fordham in order to offer the next generation of students positive influences. Phylicia Rashad, as the inaugural holder of the chair, will provide the care, compassion and that extra push to help take students where they're meant to go."


The 56-year-old (Fordham class of 1977) has been in the charity spotlight lately — particularly in support of programs benefiting America's youth. Just last month, he starred in a new PSA for the Boys' & Girls' Club of America, urging support for the organization.


"I am a prime example of the need for a community-based safe haven like Boys & Girls Clubs," said Washington, a 20-year BGCA spokesperson. "Without the support and mentoring of the club, I'm afraid to think where I would be today. I certainly would not have the life I do now."


The powerful PSA, which also features Jennifer Lopez, Martin Sheen, Shaun White and others can be seen below.


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