MIAMI -

The Trayvon Martin Foundation is up and running in its new home at Florida Memorial University.

The historically black university hosted a ceremony Thursday for the foundation, which honors the Miami teen who was gunned down in 2012 by neighborhood watch volunteer George Zimmerman.

The Miami Herald reports the university offered financial support to the Martin foundation because of the kind of work it is doing in South Florida. The foundation focuses on helping families affected by crime.

Martins parents Sybrina Fulton and Tracy Martin were among the 100 or so attending Thursday's ceremony on the second floor of the library.

Zimmerman was acquitted of second-degree murder charges in 2013.