Black entrepreneur to donate $95 Million to Coastal Carolina U./* Ducktale Hall of Fame

[DrexlersFade]

Look at this Gangsta fakkit now he care about university donations

 

[degu9089]

@Luken went too far this time

 

[get these nets]

I'm sorry Nets but this reads like an Onion article.



Both.
This is his LinkedIn profile.



Ain't no way this is a millionaire.
Ain't no way this boy ain't living with his parents in they basement.

Boy is autistic.

And the University probably can't take any legal action because he probably really is on the spectrum and these fools didn't do any due diligence before they made the announcement.

Yeah, when I first read and posted the story, I had every reason to think that the donation was legit. And that the school vetted the donor. Didn't think people pumpfaked gifts to universities.
Also, reading the recent article, I thought I was missing something or that the story went over my head. Hard to process a lie that big.

I'm walking it back, like CCU was forced to.

 

[Phantum]

Don't tell me breh was doing all of this to try and impress some woman

 

[EndDomination]

You wouldn't donate to your undergrad or law school, even for scholarships earmarked for Black students from your home city?

I’ve donated to Central State University.

I would donate to my own undergrad and law school - but I certainly wouldn’t donate to a PWI I’m unaffiliated with.

My law school scholarship was from the current president of Talladega College, which influences my decision there.

Funny enough, my undergrad scholarship was, in part, from the founder of HBO.

 

[8WON6]

Muhfukka said he was finna donate NINETY-FIVE MILLION cause he was DATING someone affiliated with the university

I hope he smashed at least since he told that lie to impress her.

 

[Buddy]

I hope he smashed at least since he told that lie to impress her.

Any man going to those lengths is TRYING to smash. I would NEVER say this but the situation is that damn bizarre:




... if he DID smash i hope he shot the club up???

 

[Lord-Yosh]

This nikka was worse than that luken nikka

 

[get these nets]

The same guy just made a public donation to FAMU. I saw the headline, looked at his name and thought no way he's running this play again. Wow.

 

[get these nets]

Uh oh

FAMU looks to silence doubters over historic pledged donation

Florida A&M University (FAMU) received a historic $237 million donation, facing some skepticism, but emphasizes thorough due diligence and gratitude.

hbcugameday.com

 

[NobodyReally]

 

[Amerikan Melanin]

This is a bad look.

 

[get these nets]

Option of listening to article


Same newspaper and writer from post #33
​

 

[get these nets]

​

​

FAMU ‘pauses’ $237M donation amid scrutiny; School to audit major gift process​

Rattlers President Larry Robinson announced the pause during a meeting Thursday​

May. 9, 2024

TALLAHASSEE, Fla. (WCTV) - The president of Florida A&M University announced Thursday that the school is putting a “pause” on a historic $237 million donation the Rattlers received over the weekend.
The news comes after days of controversy over the gift.

FAMU announced the donation with a super-sized check during a jam-packed commencement ceremony on Saturday. But the school’s tone toward the funding swiftly changed this week after FAMU Board of Trustees Vice Chair Deveron Gibbons asked FAMU President Larry Robinson and Board Chair Kristin Harper to organize a public meeting in the interest of transparency.

“The recently announced donation would truly be transformative for Florida A&M University, an institution that is helping to shape the next generation of leaders,” FAMU Vice Chair Deveron Gibbons wrote in a statement shared Tuesday. “However, the reality is that little has been shared regarding the nature of the donation.”
A group of school leaders convened and discussed the donation Thursday afternoon during a FAMU Foundation Board Meeting, which was broadcast via Zoom. During the call, Robinson said that officials decided Wednesday to “put a pause” on the donation “pending additional information that’s come to my attention.”
“It’s in our best interest to put that on hold,” he said.

The group also passed a motion to form an “internal, multidisciplinary committee” that will audit the university’s process for evaluating major gifts.
The meeting came amid a renewed wave of scrutiny over the donation. Details emerged Thursday showing that donor Gregory Gerami had a major gift fall through at a South Carolina university in 2020.
However, Coastal Carolina University ultimately cut ties with Gerami in November of that year after the donation deal collapsed, according to a WCTV affiliate.
Details on Gerami’s gift agreement with the FAMU Foundation also emerged Thursday.
The entrepreneur pledged to donate “14 million shares of stock of intrinsic value worth at least $239,000,000” to FAMU, according to the agreement, which WCTV obtained through a public records request. The plan was for the CEO to donate an additional $61 million over the next 10 years, the contract said.
Gerami asked for the donation to be anonymous until he agreed “to make it public,” the document says. In the meantime, “the donation will be known through and as the Isaac Batterson 7th Family Trust and Gregory Gerami as representative of it,” the agreement said.
However, after the events of Thursday’s meeting, the entire deal is apparently in limbo.
After Gibbons’s public call to action, Harper announced Wednesday that the board was planning a meeting. The chair asked trustees in an email the same day to provide their availability “for May 15, 16, and 17 so the seven-day notice can be published as soon as possible.”

 

[get these nets]

May 16, 2024

Florida A&M VP Shawnta Friday-Stroud resigns amid crisis over controversial donation

Friday-Stroud announced her resignation ahead of a special Board of Trustees meeting to discuss in detail a $237 million gift now under a microscope.

www.tallahassee.com