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by root_crontab 3033 days ago
It seems like there was a mismatch in expectations that goes to the heart of how universities and philanthropy work.

The university thought it was getting a donation, along with some vanity conditions, comparable to naming a building or a chair, which it could fudge while spending the money on whatever it wanted.

The foundation thought it was paying the university to carry out something very specific on its behalf.

1 comments

> The university thought it was getting a donation, along with some vanity conditions, comparable to naming a building or a chair, which it could fudge while spending the money on whatever it wanted.

I think it's clear that the conditions were more than vanity, and were actually qualitative.