Princeton Dispute Has Implications for Many Charities
Several disputes in the lawsuit over the Robertson Foundation touch on issues of governance that affect many nonprofit organizations. William Robertson, his two sisters, and another relative are suing Princeton University, saying that the ALSO SEE:ARTICLE: Terms of EndowmentARTICLE: Critics…
By Ben Gose
Senior Editor
Princeton Suit May Hinge on Judge’s Interpretation of Founding Document
The lawsuit against Princeton University involving money donated by Charles and Marie Robertson may hinge ALSO SEE: ARTICLE: Terms of Endowment ARTICLE: Princeton Dispute Has Implications for Many Charities ARTICLE: Robertson Fund’s Charter: What It Says on Judge Neil H. Shuster’s interpretation of…
By Ben Gose
Senior Editor
Critics Question Family’s Use of Private Fund to Pay Legal Costs
Most of the legal expenses that the heirs to the A&P supermarket fortune are incurring in their bid to ALSO SEE:ARTICLE: Terms of EndowmentARTICLE: Princeton Suit May Hinge on Judge’s Interpretation of Founding DocumentARTICLE: Princeton Dispute Has Implications for Many Charities gain control of…
By Ben Gose
Senior Editor
When a New Jersey court judge issued preliminary rulings last month in a closely watched legal feud between ALSO SEE:ARTICLE: Critics Question Family’s Use of Private Fund to Pay Legal CostsARTICLE: Princeton Suit May Hinge on Judge’s Interpretation of Founding DocumentARTICLE: Princeton Dispute…
By Ben Gose
Senior Editor
IRS Official Says Tax Agency May Step Up Efforts to Identify Ineffective Charities
IRS may toughen approach on weak charities and groups that hoard assets
By Ben Gose
Senior Editor
Pa. Investigates Spending of Charity’s Fund
Leo Eloesser was a pioneer in providing health care in developing countries, and when he died in 1976, he directed most of his estate to provide loans to needy medical students. Now the Pennsylvania attorney general’s office is suing the American Friends Service Committee, based in Philadelphia,…
By Ben Gose
Senior Editor
Judge Rules That High-Stakes Case Against Princeton U. Can Proceed
In his ruling on Thursday, Judge Neil H. Shuster left open the possibility that Princeton University could lose all or part of the $880-million endowment that supports its graduate programs at the Woodrow Wilson School of Public and International Affairs. The heirs of the A&P supermarket fortune…
By Ben Gose
Senior Editor
Family Uses Nonprofit Funds to Pay Legal Expenses in Princeton U. Case
Most of the legal expenses that the heirs to the A&P supermarket fortune are incurring in their bid to gain control of the Robertson Foundation from Princeton University are being paid by a private foundation, the Banbury Fund, which their parents also established. William Robertson and other heirs…
By Ben Gose
Senior Editor
Princeton Lawsuit Puts Spotlight on Nonprofit Governance Issue
Several disputes in the lawsuit over the Robertson Foundation touch on issues of governance that affect many nonprofit organizations. William Robertson, his two sisters, and another relative are suing Princeton University, saying that the university has not adhered to the terms of a gift the…
By Ben Gose
Senior Editor
To Identify Stellar Groups, Authors Tell Foundations to Look Beyond Results
The authors of Forces for Good say they hope their book shakes up the status quo not just at charities, but at foundations as well. The book’s main finding — that the best charities often make their greatest impact outside the walls of ALSO SEE:ARTICLE: From Mission to Movement their own…
By Ben Gose
Senior Editor