First of all, imagine for a moment someone tells you that theyre giving you a gift worth 237 million. I mean, thats enough money to make you want to shout. Write this, start making plans, telling everybody you know but then you find out that the actual value of that gift could be zero well, thats what happened this week on an historically black college, black University Campus in tallahassee, florida this would have been the largest donation ever to an hbcu and we know how these schools have been so underfunded, right . This one has had some very public financial challenges, especially but to understand this massive collapse, lets go back one week, to may 4 thats the de of florida a m universitys Commencement Gregory Two Rami is introduced as the ceo of better sun farms corporation. He gave a speech that ended with the Surprise Announcement along with a huge ceremonial check hundred and 37 million and bad away the money is in the bank all the cheering there. Did you hear the background, the ojays for the love of money playing and also you heard the promise there that the money is in the bank on stage with him there the schools president called the gift transformative for the institution. Dr. Les robertson said it was more than 100 larger than fam use current endowment i really at a story, gifts from a 30yearold whom theyd never heard of within hours the announcement alumni, i started to ask some serious questions online whether the story was just too good to believe they and others started researching jeremy and they found some concerning details. One day after commencement after the announcement. Fam you said in a statement as expected, some individuals in the public gar and will continue researching mr. Jeremy, please know that fam you has done its Due Diligence when it comes to this matter well, we researched mr. Jeremy and the donation. Heres what we found. First, we obtained a copy of the Gift Agreement through an open records request. It shows that youre rami donated 14 million shares of stock valued at 239 million i was plus another 61 million worth of stock over the next ten years. The University Says it was of his small Texas Company that is not publicly traded. The agreement is between the isaac Bateson Family Seven Trust and the family foundation. A details or even existence of this trust are not public record. But a man who controls that much wealth a man who could give away nearly a quarter billion dollars, you would expect the lives a certain lifestyle that would match that well, records show that his companys Mailing Address is an 1,100 square foot house in san antonio valued at 177 grant. He didnt even own that house we went to the website for his Company Batters and farms corporation it explains that its a Hydroponic Farming and Hemp Plastic Company founded in 2021. We looked for employees. Theres one other person listed. Her name is kim abbott, lists her as the coceo, so we called her up she says she is not the coceo of this company, despite with a website, says, and we asked her whether she believed that Gregory Jeremy could make good on a ninefigure donation . She told us that she didnt know if he could support a donation of any size. Members of the Family FoundationsBoard Of Directors say they did not know anything about this donation to the foundation until the ojays songs started playing a commencement well, thats a red flag because the purpose of the board is to oversee major gifts at an Emergency Meeting thursday night. Foundation Board Members were skeptical of der the money is in the bank lie this could be, you know, 500 million or it could be zero, right so its all speculation if some point, hopefully its educated speculation family was president and head of advancement. They say that this transaction was in the works since the fall so about six months, everything we just told you, we found out in two days less than a week after the announcement of this transformative gift, families president made this announcement regards to the approximately himself in terms of in future process weve already decided how best interests to put that on put it on hold. I spoke to the socalled donor thursday and after telling me that i needed to contact fam you to set up an interview. He then equal to speak with me on friday afternoon, but when i called back on friday, i was sent to voicemail he did, however, address early skepticism back on tuesday. And listen to this. He told the Tallahassee Democrat Pratt Newspaper that he does well, a quote, keeping things off the web and keeping things under radar. He added this. I will say everything is out there. The only thing you cannot find is the money thats really the only thing you cant find online next week, the fame you Board Of Trustees will be holding their own Public Meeting on this. The vice chair of the board was among the first to raise questions about the donation and never run gibbons joins me now, mr. Gibbons, thank you for your time today. I look at this and the nearly quarter billion dollars donation and well get into who knew and who did not. But from your perspective did they just want it too badly that they do wanted to believe that this 30yearold Out Of Nowhere had a quarter billion dollars to give good morning yeah. I think that the fam you folks its unfortunate that they did. I dont think that they did their Due Diligence, but also this is the reason that a Board Of Trustees exist. Im currently on the board of collagen to universities and florida and red flags went up. I happened to be with my mother. I didnt have an opportunity to go to the graduation. I had to take her to take tariffs with the business out of town. I got the Text Messages and when i read it, i immediately said theres some things wrong after being in the Financial Services sector for over 20 years this just didnt seem right so the University President and the Vice President of advancement, they signed nondisclosure agreements, which is one of the really interesting elements here. And they couldnt even talk to the chairman of the Board Of Trustees they couldnt tell the members of the foundation which are board which is separate entities here how is that possible that you could have a ninefigure donation come in and they cant tell the people who are charged with a accepting gifts like that this is one of the problems that a lot of hbcus, especially here, a fam, you this that is not accurate the president s Authority Comes from the Board Of Trustees. He acts as an agent of the board. Theres no nda that he or she or anybody else could have stood behind that would not have allowed for the Board Of Trustees to understand and know what this gift is . Im also a trusted as School Called st. Petersburg college. We have a gift and a donor clause in our bylaws and we follow that accurately until the rule and any gift youre supposed to bring it to the board because we are on the board, because we have large networks. We know a lot of people and we understand a lot of these issues. And so it would allow the president and other phone to me administration to get someone to bounce as alpha, have we done are proper background . Have we done a bidding . Do we hire a tax attorney who did the evaluation . Who transfer the stock . I mean, theres so many questions that come up with this particular type of donation. That is why the Board Trustees in place. We are the fiduciary body of university. And really it should have come to us to have proper vetting. And so that we can make sure that we werent putting a situation the pause was absolutely correct. By the president. But the posh should have happened before we give this gentleman of mike. Yeah. I mean, they worked on this for six months and it was six days between the announcement and the pause that was the came from the president. Do you think youll ever see any money from Gregory Jeremy or from this this socalled trust . I can tell you i dont know that for sure. I doubt it. I hope that im on this is not about dev ron gibbons, the vice chairman, trying to upshot or you know, kind between the money and the university. It is about transparency, integrity and most important most importantly, about having a good rapport with all donors and making sure that donors come to hbcus and dont run into these types of situations. Hbcus, you said it earlier are very much underfunded have been underfunded, a gift like this would be transformed it, but weve got to remember, we have to keep transparency and integrity around these particular processes in these donors to make sure that these such situations dont come up whats the reputational damage here, if any it is huge. Fam you has a great brand lift. Were coming off a national hbcu championship. And our Football Team we have so many other great things going on. Were providing great leaders up tomorrow. If you look around, we have leaders like will pack or ben crump and so many others that, or that rattlers. And i mean, those are just two of the people that have gone through these handle halls. And so i reputation is high. We give a quality education and we make sure that we are providing in quality leaders of tomorrow. But this damage is the brand definitely victim so i have with me this is the agreement i was reading from. And in addition to jeremy signature there are two other signatures from the president , Larry Robinson and from the Vice PresidentOf Units Diversity Advancement dr. Shawn tay, Friday Stroud youre a member of the Board Of Trustees. Should they resign i dont. Want to go that far today. I will tell you that this meeting on next week, ive got ive got a lot of questions. Right . And i think any we should do a full investigation. You cant say that dr. Robinson and dr. Friday stroud sure. Resigned today but all people involved all parties who signed that agreement should have to choose have to go through this investigation and we need to get to the bottom of it and move this agenda forward and move the University Forward the brand has been damaged or rapidly, and we need to make sure that family was protected and move forward in a positive good man. Of life from this particular junction bev around gibbons, vice chair of the fam you Board Of Trustees. Thank you so much for your time today. 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It was enacted in january last week, a conservativeleani ng lower court struck down this map of the 12 voters say their personal dignity was injured because the map quote, racially stigmatizes us racially stereotypes, and racially maligns us as citizens who will supposedly make Vital Decisions as voters based on our race, even though our races and unchangeable physical characteristic that does not compel our beliefs, our character, our judgment, or our votes all now, louisiana has only one majorityblack district, only one black representative to congress but black people make up almost a third of the states population. A State Officials argue they need to know what the map will be, what therell be working with by may 15 to prepare for november elections their Emergency Appeal on friday. The officials told the court that louisianas impossible situation in this Redistricting Cycle would be comical if it were not so serious. Marina jenkins has been involved in this louisiana case. 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