December 11, 2008

What Colleges Can Learn From 'Robertson v. Princeton'

By Kathryn Masterson

The settlement announced on Wednesday in the dispute between Princeton University and the Robertson heirs can provide some useful lessons to colleges about how to avoid long and costly skirmishes over donor intent (see related article).

Even though the settlement means a judge won't rule on what rights donors have when they feel the intent of a gift is not being met—and Princeton keeps control of the endowment at the

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