Quote:
Originally posted by Sidd Finch
It is certainly possible. He should have asked someone before giving away $3 million. At the end of the day, his undisclosed assumptions do not constitute a restriction on the gift.
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I don't disagree with that and I am not arguing the legalities, but I can imagine that if you completely piss off a $3M dollar donor, the cost of keeping that donation (assuming no litigation) may ultimately be more than $3M, i.e. lost future money from various donor sources. I don't know the finances of this school, but I do know a little bit about private schools and development campaigns and $3M donors tend to run in packs of other potential donors, so appeasement might not be a bad thing.
