NEW YORK — It would have been the largest-ever private gift to a historically Black college or university: $237 million — far beyond the recipient’s endowment. Kimberly Sue Abbott, a founding board member who told the AP that she was incorrectly listed as co-CEO, cast doubt on Gerami’s self-reported value of the shares and said Batterson Farms “is not farming …
A mega-gift for an HBCU college fell through. As the school's foundation and board of trustees held public Zoom meetings to discuss the matter, more details about the donation emerged: While Gerami said the money was "in the bank," Friday-Stroud said the donation was made in the form of 15 million shares of stock in Batterson Farms, Gerami's privately held …
TALLAHASSEE, Fla. — A core mission of Florida A&M University from its founding over a century ago has been to educate African Americans. At Florida’s only public historically Black university, some students now fear political constraints might get in the way of teaching parts of their history. “This has basically been used as a veneer to impose an ideological agenda, …
