July 6, 2001
Investment Debacle Involving Benefactor Could Prove Costly to U. of Oregon
The University of Oregon appears to stand little chance of receiving the uncollected balance of a $1.5-million pledge made by the co-chairman of its most recent capital campaign, who is under investigation for business fraud. And the university might have to relinquish $800,000 of the gift that is already in hand.
The pledge was made in 1996 by Jeffrey L. Grayson, an alumnus of the university. From 1989 to 1999, he had served on the board of the University of Oregon Foundation, the
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