FAMU Sets Nearly $27M Annual Fundraising RecordPage Title

Florida A&M University (FAMU) received a record $26.9 million in donations during its 2023-2024 fundraising campaign.

The campaign, which was fueled by the generosity of corporate and alumni donors, represents a $1.3 million increase over the previous fiscal year.

“This successful campaign reflects our stakeholders’ confidence in the University and their commitment to the success of present and future students,” said FAMU President Larry Robinson, Ph.D. “We thank our supporters and donors for their generosity and for keeping faith in FAMU’s ability to transform the lives of our students.”

During the campaign, more alumni and corporations donated than the previous year.  Corporations donated more than $15.8 million to FAMU for scholarships and other campus initiatives. The 2022-2023 campaign raised $25.5 million.

Executive Vice President (EVP) and Chief Operating Officer (COO) Donald E. Palm, III, Ph.D., who is serving as interim vice president for University Advancement, praised the Advancement team and leadership of former vice president Shawnta Friday-Stroud, Ph.D., for their hard work in conducting another record fundraising campaign. Over the past few years, FAMU has received more than $75 million in cash donations and more than $10 million in pledges.

“I am humbled by the generosity of our alumni, staff, faculty and corporate donors. Giving to our University is a wise investment in the success of our students,” Palm said.“We are urging our stakeholders to continue supporting this great institution. Our best days are ahead of us.”