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Florida A&M Univ. has received a record-setting $237 million gift from the Issac Batterson 7th Family Trust and Gregory Gerami, founder and CEO of Batterson Farms Corp.
Florida A&M University was recently bestowed with a $237.75 million contribution from the Batterson Family Trust and CEO Gregory Gerami.
The donation doubles the size of FAMU's current endowment value.
During Saturday afternoon's commencement ceremony, FAMU received a check for more than $237 million. That money comes from Issac Batterson Family Trust.
The donation is nearly double the size of the existing FAMU endowment and represents one of the largest single personal donations to a HBCU in history.