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Bank Raised Alarm About Dubious Donation to FAMU
Prior to announcing a $237 million donation during a commencement ceremony last month, Florida A&M University officials received notice from...
Cash-Strapped Catholic College Gets Unusual Gift
The founder of a higher education consulting firm has gifted his business to Viterbo University in a deal expected to diversify revenue as enrollment declines.
Billionaire Gives 1,200 UMass Dartmouth Grads $1,000 Each
A billionaire philanthropist gifted every member of the graduating class at the University of Massachusetts at Dartmouth with $1,000 in...
Florida A&M Trustees Order External Inquiry Into Dubious Donation
The Florida A&M University Board of Trustees voted Wednesday to hire an external firm to investigate the $237 million donation...
Cal Poly Receives $60 Million for Applied Computing Endowment
California Polytechnic State University’s Noyce School of Applied Computing has received a $60 million gift to establish an endowment that...
From Jubilation to Crisis: Pausing a $237 Million Gift
Florida A&M admits it doesn't know the value of 14 million shares of stock from a little-known entrepreneur. One expert puts the likelihood the donation is worth $237 million at "about zero."
Trustee Wants ‘Emergency Meeting’ to Answer Questions About Mysterious Donor
After a little-known hemp farmer’s $237 million donation to Florida A&M University raised skepticism this week, the vice chair of...
A $237M Donation Draws Skepticism
Florida A&M celebrated a massive gift from a little-known donor announced at its commencement. But the lack of information about Gregory Gerami and his company has seeded doubts.