June 11, 2004

U. of Georgia Vies for Control of Its Money and Its Name

By JULIANNE BASINGER

Split with foundation raises the question: Who controls $400-million?

Table: Showing the unresolved issues in the University of Georgia's plan to sever ties to its foundationBy JULIANNE BASINGER

Breaking up is hard to do, and the intricacies of a split between the University of Georgia and its fund-raising foundation show just how difficult such a severing of ties can be. At stake is who controls the university's $400-million endowment, and even the university name.

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