School Sued For Allegedly Skimming Money From Deceased Donor Endowments To Law School
January 27, 2021 at 3:03 PM Shares23 I had occasion to work on a lot of matters involving charities and foundations during my time as a practicing lawyer. In the course of that work, the thing that never failed to elicit my rage was an institution taking someone’s earmarked money and trying to convert it against the donor’s wishes. I remember representing a Trustee in a case where the rest of the Board was trying to take a Foundation created for the creation and maintenance of an art museum and throw the money at a bunch of decidedly non-artistic projects. I’ve also seen a school take a...
Source: abovethelaw.com