Top FAMU Official Resigns Amid $237M Donation Calamity
A high-ranking official at FAMU resigned from her position following her involvement in accepting a groundbreaking donation.
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A high-ranking official at FAMU resigned from her position following her involvement in accepting a groundbreaking donation.
Florida A&M University (FAMU) announced at its spring commencement ceremony on May 4 a $237.75 million gift from the Issac Batterson 7th Family Trust and CEO Gregory Gerami to support
The Florida A&M University Board of Trustees is set to hold a special meeting Wednesday to evaluate the $237 million donation from the Issac Batterson 7th Family Trust, which has been put on pause.
Florida A&M celebrated a massive gift from a little-known donor announced at its commencement. But the lack of information about Gregory Gerami and his company has seeded doubts. Saturday was a day of celebration at Florida A&M University, as a young entrepreneur punctuated commencement at the historically black university by presenting a ceremonial check for $237.75 million to the institution’s president. But the excitement has since been tinged by uncertainty and skepticism surrounding the donor and, by extension, the gift.
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