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Fayetteville State alumnus gives $1 million

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FAYETTEVILLE, N.C. -

An alumnus of Fayetteville State University is giving a $1 million gift to his alma mater's fundraising campaign.

Chancellor James A. Anderson announced that Nicholas Perkins gave the gift in support of the $25 million "Campaign for Fayetteville State University: From a Proud Legacy to a 21st Century University."

Perkins is a 2003 graduate of Fayetteville State, and is president and founder of Perkins Management Services Co. of Charlotte.

In October 2012, Perkins donated $100,000 to FSU's School of Business and Economics. The money is being used to train young entrepreneurs.

Perkins said the most recent gift is in response to the financial difficulties faced by many historically black colleges and universities. He said he wanted to do his part in making sure that Fayetteville State continues to thrive.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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