The Trevelyan family, who owned more than 1,000 African slaves in the 19th Century, will also pay reparations.
Speaking to the BBC in a personal capacity on Saturday, Ms Trevelyan recalled her visit to the island for a documentary.
Ms Trevelyan said seven members of her family would travel to Grenada later in February to issue a public apology. "For me to be giving £100,000 almost 200 years later... maybe that seems like really inadequate," she said.The Grenada National Reparations Commission described the gesture as commendable.
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