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

[North of Death]

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

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.”

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

The president of Florida A&M University announced Thursday that the school is “putting a pause” on the historic $237 million donation the Rattlers received early this week.

www.wctv.tv

@mcellas @Lucky_Lefty @Black FAMU/Tallahassee Brehs tap in

 

[CoryMack]

I watched the zoom call today and it was embarrassing. This dude has tried this before and at least 4 schools have told him to fukk off.

 

[Macallik86]

This dude is putting Tariq, Umar and Jay Morrison to shame

 

[Serious]

What am I missing here?

 

[Theolodius_Black]

 

[im_sleep]

For the Love of Money, has FAMU been fooled?

Two days ago, I was talking to a Florida A&M University graduate about FAMU’s progress. The alum rattled (hehe) off all of the ways that FAMU was doing well. The alum did say that one weak spot was the endowment. With FAMU’s roster of successful alumni who are leaders in law, corporate America...

open.substack.com

 

[ORDER_66]

 

[King Harlem]

How bad do the terms of the donation have to be in order for them to turn down that much money?
I didn't get enough information from the article to understand why this is bad.

 

[klutch2381]

Oh wow. This money was supposed to have come from that Gerami dude? The same guy that pulled that rubbish with Coastal Carolina on a 95 million dollar donation (I was reading that thread earlier today). Yeah, he doesn’t have 237 million. It looks like FAM’s board is now realizing the chicanery. I think someone will be fired over this and FAMU will have to live with some short-term embarrassment.

 

[King Harlem]

Oh wow. This money was supposed to have come from that Gerami dude? The same guy that pulled that rubbish with Coastal Carolina on a 95 million dollar donation (I was reading that thread earlier today). Yeah, he doesn’t have 273 million. It looks like FAM’s board is now realizing the chicanery. I think someone will be fired over this and FAMU will have to live with some short-term embarrassment.

Thanks for explaining.

 

[ReturnOfJudah]

smh

 

[North of Death]

Oh wow. This money was supposed to have come from that Gerami dude? The same guy that pulled that rubbish with Coastal Carolina on a 95 million dollar donation (I was reading that thread earlier today). Yeah, he doesn’t have 237 million. It looks like FAM’s board is now realizing the chicanery. I think someone will be fired over this and FAMU will have to live with some short-term embarrassment.

They made the sista take the fall smh​

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

Shawnta Friday-Stroud — Florida A&M University’s vice president for University Advancement and executive director of the FAMU Foundation — has resigned from her vice president role amid the controversy around a dubious $237 million donation that has rocked the campus and its alumni.

FAMU President Larry Robinson publicly announced her resignation during a virtual Board of Trustees special meeting Wednesday afternoon that was scheduled to discuss the multi-million-dollar, 10-year gift. She will, however, remain dean of the university's School of Business & Industry.

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

 

[MajesticLion]

 

[King_Kamala61]

It's always something with HBCUs....and yes I know PWIs do fukk shyt...but they dirty laundry ain't all over the media.

I feel bad for ol girl too man

 

[AtomicUse]

They made the sista take the fall smh​

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

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

So she kept her real job as the dean of the college.

She probably had dirt on everybody so if she got all the way ousted she’d have sued.

Pathetic.