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Neal, Anne D.; Poliakoff, Michael B. – American Council of Trustees and Alumni, 2011
This guide provides step-by-step instructions for donors on how to target their giving, with profiles of successful gifts. American philanthropists long have been generous in their support of colleges and universities. But donors do not always find the results they envisioned for their generosity and good intentions. ACTA has responded by…
Descriptors: Donors, Higher Education, Educational Finance, Endowment Funds
Masterson, Kathryn; Gose, Ben – Chronicle of Higher Education, 2009
This article reports that Princeton University has settled a long-running dispute with the heirs of a major donor by agreeing to pay $50-million to the heirs' foundation and approximately the same amount for their legal fees. The case has been closely watched as a test of how strictly institutions must adhere to donors' wishes. The settlement…
Descriptors: Donors, Laws, Philanthropic Foundations, Endowment Funds
O'Neil, Robert – Trusteeship, 2009
The legal terrain regarding institutions' rights for use of major charitable gifts has clarified somewhat in recent months. While this may encourage institutional fundraisers, it is also clear that extreme care still must be taken about the acceptance and terms set for use of transformational gifts. As recent lawsuits demonstrate, careful planning…
Descriptors: Higher Education, Donors, Private Financial Support, Expectation