The reality is: if you don’t understand why providing “white” scholarships is very different from providing “people of color” scholarships, then you don’t have a full understanding of how Racism manifests in America. This is a fundamental thing you will need to work to better understand before a discussion of this topic can be useful.

Nevertheless, you are correct that not every white person in America take advantage of generational wealth, but this is besides the point. The fact is Black Americans have been in this country for 400 years and the community is still disproportionately impoverished, whereas there are a lot of European/Asian immigrants who have been here for much less time and they are much better off. You kind of make this observation in your response, but missed the implications it has on how Racism rewards certain demographics.