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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 gift funding a student activity special to the alum and commandeer it for general purposes as soon as the donor died and couldn’t protect his gift. There’s something about the brazenness of disrespecting someone as soon as they die that always drew a visceral reaction and I always appreciated the folks I had to work with at the NYAG’s Charities Bureau who did the good work of en ....

Laura Burney , Frank Scanio Jr , Mary University School Of Law , Board Of Trustees , School Of Law St , Charities Bureau , Mary University , University School , Castleberry Endowment , Frank Scanio , Professor Burney , Finance Dean , லாரா பர்னி , மேரி பல்கலைக்கழகம் பள்ளி ஆஃப் சட்டம் , பலகை ஆஃப் அறங்காவலர்கள் , பள்ளி ஆஃப் சட்டம் ஸ்டம்ப் , தொண்டு நிறுவனங்கள் பணியகம் , மேரி பல்கலைக்கழகம் , பல்கலைக்கழகம் பள்ளி , கோட்டை ஆஸ்தி , ப்ரொஃபெஸர் பர்னி , நிதி டீன் ,