Bill Ackman’s Clash With Harvard Over Stock Gift Reveals the Messy World of Big Donations
Prestigious universities are learning the costs of the big gifts they receive from prominent donors. The strings that fund managers Bill Ackman and Ross Stevens attached to sizable donations to Harvard University and the University of Pennsylvania, respectively, show the degree to which wealthy benefactors expect to have an ongoing say in administrative matters. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
