Fayetteville State grad makes $1 million donation to the university

June 16, 2014 – Written by Gregory Phillips of the Fayetteville Observer

A $1 million donation from a Fayetteville State University graduate is the largest individual gift in school history, university officials said Monday.

Nicholas Perkins already held the record for the biggest individual gift, with the $100,000 he gave in 2012.

 On Monday, FSU announced that the entrepreneur, who graduated in 2003, gave a seven-figure gift toward the university’s $25 million capital campaign.

Chancellor James Anderson called Perkins the “epitome of a Bronco” and a shining example of someone who gives back.

“This historical gift speaks volumes of his desire to see this institution flourish and function at the highest levels,” Anderson said in a news release. “On behalf of the students of FSU who will be the recipients of his generosity, I thank him for his dedication to this university.”

Perkins is president of Charlotte-based Perkins Management Services, a company he founded in 2005.

The company provides food services management to the federal government, historically black colleges and universities and commercial clients.

In October 2012, Perkins donated $100,000 to FSU’s School of Business and Economics to train entrepreneurs.

Perkins said his latest gift responds to the financial struggles faced by FSU and similar colleges.

“It is critically important that individuals support historically black institutions financially,” Perkins said in the news release. “I have made a personal commitment to support the education of underserved students that are seeking to advance in society. My planned gift demonstrates my faith in and commitment to Fayetteville State University and its mission.”

Perkins’ gift helps FSU meet its goal of raising $9 million in the first phase of a five-year campaign to raise $25million.

Getchel Caldwell, vice chancellor for institutional advancement, said the donation gives the campaign momentum as the second phase begins.

If the $25 million target is met, FSU plans to allocate $13 million for academic scholarships, $1 million for athletic scholarships, $2 million for military and veteran partnerships and $3 million for the Center for Defense and Homeland Security.

“I can’t say enough about Mr. Perkins and his support for his alma mater,” Caldwell said in the news release. “His continued support of this university shows that he appreciates the education afforded him by FSU, and it shows that he wants to see the university prosper and continue to grow.”

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