Notes for trust officers, private bankers and others concerned with estate and trust planning, from a Merrill Anderson Senior Editor and his retired mentor.
Thursday, April 08, 2010
Yale's “Tainted Donations”
When the going gets tough – as in the Great Recession – the reverberations spread far and wide. Here and here, Nonprofit Quarterly reports on questions raised for Yale University by two business bankruptcies. Were seemingly generous donations to Yale "tainted?" Were they made with other people's money?
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