FAU stadium won't be sponsored by correctional facility group
APR 02, 2013 10:10a ET
“What was originally intended as a gesture of GEO’s goodwill to financially assist the university’s athletic scholarship program has surprisingly evolved into an ongoing distraction to both of our organizations,” Zoley said in a news release. “We employ many FAU graduates and Boca Raton community members. We take pride in running a well-respected company and are proud of our long-term support of the University.”
Zoley, however, has pledged $500,000 to FAU for academic scholarships, the Palm Beach Post reported.
The original pledge of $6 million over 12 years was accepted in mid-February and approved by the school’s Board of Trustees.