Mitte Foundation Withdraws Gift to U. of Texas

The University of Texas at Austin is losing a $9.4-million gift for scholarships. The withdrawal occurred after a university official raised concerns about accusations of sexual harassment against one of the executives at the foundation donating the money.

The announcement was being closely monitored at the many business schools across the country that have received a total of $70-million in scholarship money from the Roy F. and Joann Cole Mitte Foundation.

The foundation's

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