The Florida A&M University campus is seen in Tallahassee, Fla., Thursday, June 6, 2024. $237 million donation to FAMU was promised by Gregory Gerami, a 30-year-old who called himself Texas ...

Florida A&M University was recently bestowed with a $237.75 million contribution from the Batterson Family Trust and CEO Gregory Gerami.

To people who watch high-level philanthropy, Florida A&M's embarrassing incident wasn't only a shocking reversal. It was something they've seen before. The school is now investigating what went wrong.

8/8: CBS Morning News 20:39. Texas hemp farmer Gregory Gerami's $237 million stock donation to Florida A&M University wasn't worth the paper the larger-than-life check was written on, an ...

The Florida A&M University campus is seen in Tallahassee, Fla., Thursday, June 6, 2024. $237 million donation to FAMU was promised by Gregory Gerami, a 30-year-old who called himself Texas ...

The Florida A&M University campus is seen in Tallahassee, Fla., Thursday, June 6, 2024. $237 million donation to FAMU was promised by Gregory Gerami, a 30-year-old who called himself Texas ...

As a result, Gerami announced the large donation at the university’s May 2024 spring commencement ceremony. By then, the promised $20 million had grown to over $200 million, raising no immediate ...

Florida A&M was initially contacted by Gerami in September 2023 about making a donation, and he first pledged $25 million over three years, according to internal emails at FAMU included in the report.

Gerami and university officials did not enlist a third party to analyze Gerami’s valuation of the stock, and it was unclear whether it was worth the $15.85 a share that Gerami claimed, according to ...

Despite the varied discussions behind the failed $237 million donation by Gregory Gerami, Florida A&M president Dr. Larry Robinson still enjoys significant support amongst Rattler Nation. Per a ...

NEW YORK (AP) — It would have been the largest-ever private gift to a historically Black college or university. $237 million — far beyond the recipient’s endowment. The money was promised by ...

NEW YORK (AP) — It would have been the largest-ever private gift to a historically Black college or university: $237 million — far beyond the recipient’s endowment. The money was promised by ...