Phi Beta Cons

Princeton Donation War

A judge has left open the possibility that the university could be ordered to return a donation from the Robertson family now worth nearly $900 million. Relatives accuse the university of not having used the money for the purposes specified by the original donors.

“Even if things stopped right now, this is a huge victory for donors everywhere,” Ronald H. Malone, the lead lawyer for the Robertson family, commented. “It shows that no matter how high and mighty a university might be, the law imposes on them a moral and legal obligation to use the money only for the purpose to which it was given.”

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