philanthropy scandal

FAMU’s $237M Donation Fallout: Mystery Donor Sparks Debate

By Bill Chappel Transformative financial donations don’t come along often in higher education. So when a donor promised a $237.75 million gift to Florida A&M University, school officials were understandably excited. The donor was Gregory Gerami, a 30-year-old businessman from Texas who said he wanted to make sure the historically Black school’s windfall would help

More

FAMU Pauses Controversial $237M Donation Amid Doubts

By Andrew Atterbury Florida A&M University is putting an announced $237 million donation from a Texas hemp farming executive “on hold,” as the media and school leaders raise questions about the value and source of the gift. President Larry Robinson announced the decision at an emergency meeting Thursday of FAMU’s fundraising foundation. Board members expressed

More