Tuesday, November 22, 2005

Philanthropy Journal-"Ethics, Part 1

Philanthropy Journal-Your online source for news about nonprofits, social issues, and policy change - newsarticle: "Ethics, Part 1

Nonprofits wrestle with ethics.



By Todd Cohen

A donor last year wanted to give more than $25 million to New York University to endow the directorship of a new center, but the school turned down the gift because the donor wanted to pick the director.

'There's no state or federal law that applies, but there is an ethical question,' says Naomi Levine, a special adviser to NYU President John Sexton. 'A university puts certain responsibilities in the hands of their faculty. It doesn't matter how much you give.'"

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