MASSIVE $237M Donation TO FAMU Draws SKEPTICISM, Raises CONCERNS And CONFUSION | Roland Martin

During Florida A&M commencement, the school was presented with a multi-million dollar donation from Gregory Gerami and the Issac Batterson 7th Family Trust, The check for the more than $237 million donation drew skepticism surrounding Gerami Florida A&M's Office of Communications released a statement about the donation and addressed the skepticism: "While Florida A&M University (FAMU) is still extremely excited about Mr. Gregory Gerami's historic announcement yesterday of the Isaac Batterson Family 7th Trust, we are fully aware of the skepticism that sometimes comes with such a large gift. As expected, some individuals in the public are and will continue researching Mr. Gerami. Please know that FAMU has done its due diligence when it comes to this matter. Additionally, Mr. Gerami has and continues to do his own due diligence on things that have been and are happening at FAMU. While a non-disclosure agreement (NDA) we signed prevents us from disclosing many details, as was reported on May 4 – Mr. Gerami transferred $237,750,000 worth of stocks into our account last month. Mr. Gerami's $237,750,000 stock transfer was received in the same manner in which we have accepted all other stocks donated to the University through the FAMU Foundation Inc. As with any non-cash gift received, such as cryptocurrency, real estate, and stocks, it will be converted to cash and recorded appropriately. Again, we greatly appreciate Mr. Gerami's and the Isaac Batterson Family 7th Trust's generosity. Our students will be the true beneficiaries of their most generous contribution." Join this channel to get access to perks:    / @rolandsmartin   Support #RolandMartinUnfiltered and #BlackStarNetwork via the Cash App ☛ https://cash.app/$rmunfiltered PayPal ☛ https://www.paypal.me/rmartinunfiltered Venmo ☛https://venmo.com/rmunfiltered Zelle ☛ [email protected] Annual or monthly recurring #BringTheFunk Fan Club membership via paypal ☛ https://rolandsmartin.com/rmu-paypal/ Download the #BlackStarNetwork app on iOS, AppleTV, Android, Android TV, Roku, FireTV, SamsungTV and XBox 👉🏾 http://www.blackstarnetwork.com #RolandMartinUnfiltered and the #BlackStarNetwork are news reporting platforms covered under Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research.