UPDATE: PRINCETON GIFT

Princeton University officials acknowledge they failed to provide donors with information that would have demonstrated inappropriate spending, reports The Wall Street Journal. The disclosure comes as university officials face a lawsuit by the family of Marie and Charles Robertson, who want the university to return money they say has not been spent as the donors wanted. A document that originally showed that $750,000 from the family’s gift fund was spent on tuition for students outside of the Woodrow Wilson School of Public and International Affairs, which was to be the sole beneficiary of the Robertsons’ donation, was revised before it was given to the family. Princeton officials say the lack of disclosure was inappropriate and that current Wilson School administration would not spend money from the gift fund for purposes that had little to do with the Wilson School. They are fighting the lawsuit, saying that the money has, in general, not been spent in a way that violates the donors’ instructions. (A paid subscription is required to view this article.)