PRINCETON U. GIFT DISPUTE
March 14, 2006 | Read Time: 1 minute
In response to accusations that it misspent a large donation for its Woodrow Wilson School of Public and International Affairs, Princeton University said it actually undercharged the donor family’s foundation $235-million for programs at the public-affairs school, reports The Wall Street Journal. Members of the Robertson family sued Princeton in 2002, saying it failed to use $35-million their relatives gave to the university in 1961 for its intended purpose: to train graduate students at the Woodrow Wilson School to serve in the federal government. The gift is now worth more than $650-million and family members want to sever ties to the university and get their money back. Princeton acknowledges minor errors but said that all the money was properly spent. In court papers it filed on Monday, Princeton said that it was legally entitled to have spent $235-million more than it did, based on the contract the Robertsons signed in 1961.