alt.education

last_p...@rogers.com wrote:
> Holding Colleges Financially Accountable
>


>
> On Wednesday, a New Jersey Superior Court judge set a trial date for
> what might be the most important donor intent case in the history of
> an issue that doesn't quite get the attention it deserves.
>
> In Robertson v. Princeton, scheduled to begin Oct. 1, the family of
> Charles and Marie Robertson will try to prove that the university has
> misused the generous financial gift contributed by the couple.
>
> In 1961, the Robertsons donated 700,000 shares of A&P stock, worth $35
> million at the time, to Princeton to create a foundation -- with the
> instructions that Princeton would use the endowment to train students
> for careers in foreign policy and international relations.
>
> Princeton, the plaintiffs claim, has not kept its end of the
> arrangement.

Although we do not have all of the facts, if we take as granted what
was presented
here, then I totally agree with the Robertsons.