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FAMU president forced to hit ‘pause’ on historic $238 million gift from mystery black donor as wave of skeptics question gift’s legitimacy

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Gregory Gerami

One of the most important donations to a historically black college or university is now being withheld after scrutiny by some HBCU alumni and supporters due to the donor’s confidential background.

Investor Gregory Gerami is behind the historic nine-figure donation to Florida A&M University. His $237.75 million gift is one of the most important awards ever received by an HBCU from a single donor, according to the anonymous donor. FAMU edition from May 4.

But the gift raised concerns amongst some alumni and university board members who were unfamiliar with the Gerami name and company. That, combined along with his connection to a botched $1 million donation to one other university, raised more suspicion, a lot in order that a university official called a news conference on Sunday to dispel that skepticism.

In response to the growing confusion, a gathering was held on Thursday throughout the FAMU Foundation Management Board meeting, attended by, amongst others, according to WCTV. The meeting was broadcast via the Zoom platform. FAMU President Larry Robinson confirmed that officials will “pause” the donation “pending additional information as I become aware of it.”

Adding: “It is in our best interest to put this case on hold.”

Gregory Gerami's donation to FAMU called a fraud and scam by skeptics due to his low profile online
FAMU officials received a $237 million gift from the Issac Batterson seventh Family Trust and CEO Gregory Gerami. (Photo: WCTV video screenshot)

Gerami, 30, heads Batterson Farms Corp, a hydroponic farming and hemp plastics company that produces bioplastics and fresh organic products. He founded the corporate in 2021.

Although he didn’t share his fortune, he stated that the majority of his wealth was inherited from his adopted family. According to The Sun News, before the CCU deal fell through, school administrators said his 2020 net value was about $600 million and his money assets were nearly $260 million.

Unlike many millionaire entrepreneurs, Gerami has no online presence, so his dealings are shrouded in secrecy. But he said the skepticism and scrutiny he has faced since news of his donation to FAMU became public explains why he doesn’t share much online.

“This is a prime example of why I don’t have an online presence and don’t care about having one” – Gerami said the Tallahassee Democrat. “People take things out of context. They are running away, harming and hurting people with information that is incorrect and simply inappropriate.”

The need to protect his family also motivates him to determine to stay behind the scenes. “I have a family, younger children and I come from a large family,” Gerami told an area portal. “I was born one of eight children and have nine siblings, even in my adopted family. As a parent and a family person, I have to protect my family and their safety is the most important thing.”

FAMU’s gift was funded by the Isaac Batterson Family seventh Trust, which contributed 14 million shares value not less than $239 million and can contribute a further $61 million over 10 years, according to a set schedule.

According to FAMU’s Sunday announcement, these shares were sent a month ago.

“Mr. The $237,750,000 transfer of Gerami shares was received in the same manner as we accepted all other shares donated to the University through FAMU Foundation Inc.” FAMU wrote. “As with any non-monetary gift received, such as cryptocurrency, real estate and stocks, it will be converted to cash and recorded accordingly.”

While Ivy League colleges across the country, such as Harvard, Yale and Princeton, receive massive gifts running into the billions annually, gifts to historically black colleges and universities pale as compared.

In 2019, foundations gave $5.5 billion to Ivy League schools, while 99 HBCUs contributed a complete of about $45 million. Typically, schools like Spelman, Morehouse, Hampton and Howard capture a bigger share of donations to HBCUs annually.

According to a report by ABC 27, the donation is meant for scholarships and programmatic enhancements to the college’s Disability Access and Resource Center, FAMU’s Department of Intercollegiate Athletics, the College of Agriculture and Food Sciences and the School of Nursing.

It also features a general fund to support student success initiatives and special needs of the university on the president’s discretion, according to the local outlet.

As for why Gerami selected FAMU, he said the college’s focus and research opportunities in hemp production align along with his company’s goals.

While the colleges’ statements suggest the validity of the agreement, questions remain about its transparency, that are compounded by the consequence of its latest commitment to one other university.

According to The Sun News.in 2020. Gerami was an anonymous donor who made a $95 million donation to Coastal Carolina University that fell apart inside 4 months of the announcement. Like FAMU, Gerami has no affiliation with CCU, but was reportedly dating someone from the university on the time of the donation.

The CCU award was announced in July 2020. In the next months, Gerami and the college were at odds after university officials expressed uncertainty about whether Gerami had the resources to finance the donation.

Gerami also claimed that a CCU official made racist and offensive statements towards him before his relationship with the college completely disintegrated. During negotiations with CCU, Gerami also considered making donations to other HBCUs, including FAMU.

Board vice president and FAMU alumnus Deveron Gibbons told the Tallahassee Democrats he was unaware of the donation to a Florida HBCU until the college announced it publicly throughout the commencement ceremony, where Gerami spoke.

“As Vice Chairman of the Board of Trustees, I have a responsibility to protect the integrity of the university I value, but I have deep concerns that this process is moving too quickly to accept a gift without appropriate oversight.”—Gibbons he said in a press release to Democrats.

Gibbons called for extraordinary board meeting which can happen on May 15.

“We are fully aware of the skepticism that sometimes accompanies such a large gift,” FAMU said in its statement on Sunday. “As expected, some people in the public are and will continue to conduct research into Mr. Gerami. We would like to inform you that FAMU has exercised due diligence in this matter. Additionally, Mr. Gerami has conducted and continues to conduct due diligence on matters that have occurred and are occurring at FAMU.”

Another HBCU alum wrote a viral article with a provocative headline questioning the validity of the donation. Jerell Blakeley, a graduate of Howard University, published a column in: Education News Flash’s HBCU Digest on May 6 under the title “For the love of money, was FAMU deceived?”

Blakeley couldn’t come to terms with the low status of the Gerami, which seems to be at odds with the more famous donors.

“It’s not like Mackenzie Scott and the hundreds of thousands she gave to a number of HBCUs. People know who she is, where her wealth comes from, and the way HBCUs have grow to be a focus for her donations. Robert Smith is the richest black man in America, and since of one gift, Gerami, as a virtual unknown company he founded three years ago, outweighs Smith’s donations?

Blakeley called on all university management to resign “if this turns out to be a fraud”.

Gerami, nonetheless, stays confused by the entire ordeal.

“The stock has been held by the university for over a month now, so I don’t know where there would be any confusion or skepticism since the company is already in the university’s financial account,” Gerami told the Tallahassee Democrat.

This article was originally published on : atlantablackstar.com
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Missouri police officer fatally shot 2-month-old baby and her mother after relative called police for help, family says

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A Missouri family and community are mourning the tragic death of a 34-year-old woman and her infant daughter who were killed in an officer-involved shooting earlier this month.

Family members say Maria Pike and her 2-month-old daughter, Destinii Hope, were shot to death on November 7 after police were called to an apartment in Independence, Missouri, in response to a domestic disturbance.

Two-month-old Destinii Hope died together with her mother in an officer-involved shooting in Independence, Missouri on November 7, 2024. (Photo: Facebook/Talisa Coombs)

In the weeks for the reason that shooting, local law enforcement has released few details, but eyewitnesses have provided local media with their accounts of what happened.

said Talisa Coombs, the baby’s grandmother Kansas City Star that she was the one who called the police after a physical altercation with the kid’s mother. Family members say Maria Pike has had mental health issues, anger issues and most recently suffered from postpartum depression.

Coombs said that when she called the police, she thought authorities would arrive, arrest Pike and get her the assistance she needed. She told her son and Destinia’s father, Mitchell Holder, that she desired to press charges against Pike for assault.

When police arrived, Holder initially refused to allow them to inside, however the apartment constructing’s assistant manager persuaded him to let two officers inside.

Assistant manager Gavin Delaney told The Star that when police entered the apartment, Pike was sitting within the bedroom closet, holding Destinia, not doing or saying anything.

Destinia’s father, who witnessed the shooting, recounted the moments leading as much as the shooting to his sister, Ashley Greenfield.

Greenfield told The Star that when officers entered the apartment, she and Holder tried to take the baby from Pike as she moved from the closet to the bed. Greenfield stated that when Pike reached for an object on the nightstand, the officer shot the baby in the top while he was still in his mother’s arms.

Holder later recalled his horrified response to the shooting of “The Kansas City Defender.”

“They shot my baby,” Holder said outlet. “It looked like her head had exploded. Her blood splattered throughout my glasses and throughout me. All I could do was scream. I just kept repeating three words – the identical three words – “You killed her!” I screamed it. Time and time again.”

He added that Pike jumped after the primary shot and the officer opened fire on her.

Accounts vary as as to if Pike had a gun when officers entered the apartment.

Local news outlets reported that among the many few details police have released up to now concerning the shooting is that Pike was armed with a knife.

“When we arrived, officers encountered a woman who was ultimately armed with a knife,” said Independence Police Chief Adam Dustman. “As a result of this encounter, two people died, one was an armed woman and the other was a child.”

However, family members say otherwise. Before calling the police, Destinia’s grandmother stated that there have been no weapons in the home. Holder also said he never saw Pike holding a knife in the course of the encounter with police.

“Yes, I was in the room when it all happened,” Holder he said. “From what I saw, I never once saw Maria armed with anything. Honestly, I do not even know where that got here from. I heard crazy things like she held a baby hostage in a closet, that she had a knife, and all this crazy stuff that is not true. I mean, all I can say is that it’s possible she had a knife and I didn’t see it, but all I do know is that I never saw her holding anything – and I used to be there within the room.

Independence police said the investigation has been turned over to the Jackson County Police Involvement Investigative Team (PIIT), a team of detectives that investigates police shootings and use of force incidents.

Chief Dustman said just one officer, a “long-time law enforcement veteran,” fired in the course of the incident. The officer and two other people on the scene were placed on administrative leave.

Capt. Kyle Flowers, who heads the PIIT team investigating the shooting, said last week that investigators had reviewed body camera footage and planned to interview witnesses. According to KMBCthe team will turn over the findings of the investigation to the Jackson County Prosecutor’s Office, but Flowers didn’t specify exactly when that will occur.

Family members have called on authorities to release the body camera footage, which is able to hopefully reveal once and for all whether Pike was armed with a knife on the time of the shooting. They also call for punishment of the officers involved within the shooting.

“Why hasn’t the body camera footage been released?” Amber Travis, cousin of the victims, he said at a community vigil for Pike and her daughter. “Give my family a break.”

“It means a lot that the community feels the same way we do,” Holder he said. “It means the world. It won’t bring her back, but no less than we all know now we have loads of support here.

AND GoFundMe page was created to assist pay for Destinia’s funeral. As of Wednesday afternoon, greater than $3,000 had been raised.

On November 22, Destinii would have turned 3 months old.

This article was originally published on : atlantablackstar.com
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Jasmine Crockett blasts Republicans for so-called white “oppression” over anti-DEI bill

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Jasmine Crockett, theGrio.com

On Wednesday, during a passionate speech before the committee, Sen. Jasmine Crockett, R-Texas, chided her Republican colleagues for the content of an anti-DEI bill that calls for eliminating all diversity, equity and inclusion programs and offices within the federal government.

Crockett, a 43-year-old congressional student who has change into a star within the Democratic Party because of her quite a few viral committee appearances, condemned the Dismantle DEI Act of 2024. The bill, H.R. 8706 – first introduced by Republican Vice President-elect J.D. Vance – essentially prohibit all DEI-related activities within the federal government, including all related positions, offices, training, and funding. Strikingly, the bill also prohibits federal employees working in DEI positions from transferring to a different federal position.

During a House Oversight Committee hearing wherein she responded to Rep. Clay Higgins, R-La., who repeatedly called DEI policies “oppression” — seemingly aimed toward white people, as many Republicans suggested — Crockett used the committee’s speaking time to criticize the suggestion that white individuals are oppressed in consequence of efforts to shut racial disparities in sectors resembling business, education, and health.

“You don’t understand the definition of oppression… I would ask you to just Google it,” said Crockett, who moments later read the dictionary definition of the word, adding: “Oppression is long-term cruel or unfair treatment or control, that’s the definition of oppression.” The congresswoman emphasized: “There was no oppression of the white man in this country.”

Referring to the history of chattel slavery and racial segregation within the US, the Texas lawmaker said: “Tell me which white men were dragged from their homes. Tell me which one was dragged across the ocean and that you will go to work. We will steal your wives. We will rape your wives. It didn’t happen. This is oppression.”

Attempting to further explain the importance of DEI, Crockett noted that she is barely the fifty fifth Black woman elected to Congress in its 235-year history, unlike the 1000’s of white men who’ve served on Capitol Hill.

“So if you want to talk about history and pretend it was that long ago, it wasn’t,” Crockett said, citing data showing that corporations perform higher and are more profitable after they are more diversified.

The anti-DEI movement, championed exclusively by Republicans, has led to several lawsuits invalidating federal programs, including debt forgiveness for Black farmers and business loans to Black and other disadvantaged businesses. Many states led by Republican governors have indicated that DEI – especially teaching about slavery and racism – is harmful to students, namely white students. In response, they banned such topics from public classrooms.

Jamarr Brown, executive director of Color of Change PAC, the political arm of the civil rights organization, said Congresswoman Crockett’s statements on DEI were “poignant and necessary.”

Jordan Brand amplifies Black storytelling with StoryCorps'

While the Dismantling DEI Act actually won’t be passed while Democrats control the Senate and President Joe Biden stays in office, it signals what may very well be a priority for Republicans next yr, as outlined within the pro-Trump “Project 2025” political manifesto “.

“According to Project 2025, diversity, equity and inclusion is synonymous with ‘White lives don’t matter,’” Brown noted. “Now more than ever, we at Color Of Change PAC, as well as advocates and activists across the country, must work to protect Black people and other people of color from harm resulting from anti-DEI attacks.”

Brown continued, “Civil rights protections have helped reduce mortgage discrimination, increase the number of Black physicians to counter problems such as Black maternal mortality, and provide financing for Black-owned businesses.”

He added: “Our country thrives and everyone benefits when diversity, equality and inclusion are valued rather than stifled.”

This article was originally published on : thegrio.com
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Why is Trump delaying signing the ethics agreement?

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Trump, election, Vanity Fair, cover


The campaign’s legal department reports that President-elect Donald Trump is stalling the presidential transition process by refusing to sign an ethics pledge that is legally required of each sitting president

Under the Presidential Transition Act, Trump and his transition team must sign a document ensuring he avoids any conflicts of interest once he takes office. Only after the document is signed and sent to the General Services Administration (GSA) can the incoming administration gain access to federal agencies.

The transition, which President Joe Biden has promised will likely be “orderly and peaceful,” sets the tone for the Trump-Vance administration’s approach to transparency, accountability and earning the trust of Americans, all of that are seen as essential to making sure the administration fulfills its responsibilities to the U.S. people mean .

The reasons for withholding Trump’s documents are unknown, but some speculate it has to do along with his latest financial disclosure reports and for one reason particularly. Many of his holdings might be considered conflict of interest red flags, equivalent to his latest cryptocurrency business, a majority stake in his social media platform Truth Social, real estate, books and licensing deals.

It’s not only the GSA that the president-elect is avoiding. According to , Trump also refused to make use of the State Department’s secure phone lines and interpreters and kept away from using the FBI’s security clearance system. That’s why House Democrats issued latest laws on November 19 requiring Executive Office employees to have FBI security clearances. If not, Congress will likely be warned.

Democratic lawmakers and powerful Trump opponents like Massachusetts Sen. Elizabeth Warren (D-MA) are baffled by his transition team’s refusal to sign an ethics agreement.

“Donald Trump and his transition team are already breaking the law. I would know because I wrote the law myself,” Warren wrote in X on November 11. “Future presidents are obliged to prevent conflicts of interest and sign an ethics agreement. This is what illegal corruption looks like.”

Skepticism towards the bill, presented by Representatives Don Beyer (D-VA) and Ted Lieu (D-CA)persists. The upcoming GOP-controlled Congress is seemingly leaning toward Trump. Once back in office, Trump will give you the chance to issue security clearances to anyone he wants, no matter the FBI’s objections or whether the person faces legal charges. This latest situation involves two of Trump’s Cabinet picks – Matt Gaetz as attorney general and Pete Hegseth as defense secretary, each of whom have faced allegations of sexual misconduct.


This article was originally published on : www.blackenterprise.com
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