Friday, October 23, 2015

Weills Pull $20-Million Gift After Court Denies College Renaming - The Chronicle of Philanthropy

Weills Pull $20-Million Gift After Court Denies College Renaming - The Chronicle of Philanthropy: "Weills Pull $20-Million Gift After Court Denies College Renaming
Paul Smith's College will not receive a $20-million donation from billionaire philanthropists Joan and Sanford Weill that was contingent on adding Ms. Weill's name to the small upstate New York institution, reports The New York Times. A state judge earlier this month rejected the proposed renaming to Joan Weill-Paul Smith’s College, which would have required voiding a provision in the will of the institution's original benefactor."



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