On Tuesday, Harvard University released a report detailing the university’s history with slavery, and subsequently vowed to spend up to $100 million on reparations.

Axios reports that Harvard’s findings revealed a mere 70 people were enslaved by the university over the course of the entire 17th and 18th centuries. But despite the school’s minimal involvement in the long history of slavery in North America, the report nevertheless demanded that the university take action, concluding that “the damage caused by Harvard’s entanglements with slavery and its legacies warrant action.”

Harvard President Lawrence Bacow reacted to the news in a grave tone, declaring in a statement that “Harvard benefited from and in some ways perpetuated practices that were profoundly immoral.”