With his $100,000 donation to Fayetteville State University in 2012, Nicholas Perkins, a 2003 graduate of the historically black university in North Carolina, was already the record holder for biggest individual gift in school history.

On Monday, the president of Charlotte-based Perkins Management Services announced a gift of $1 million to his alma mater, which will help Fayetteville State allocate millions to academic and athletic scholarships to future students.

“It is critically important that individuals support historically black institutions financially,” Perkins said in a news release. “…My planned gift demonstrates my faith in and commitment to Fayetteville State University and its mission.”

Perkins’s gift to Fayetteville State shows his commitment to see the HBCU continue to grow, says Fayetteville State Chancellor James Anderson, calling Perkins the “epitome of a Bronco” (the school’s mascot).

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

According to a recent report by the Council for Aid to Education, alumni at historically black colleges and universities gives back below 10 percent.

Tommy Meade Jr. is HBCU Buzzs Editor-in-chief. Follow him on Twitter.

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