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Giving, and Taking Away: A controversy at Princeton offers broad lessons.(Robertson Foundation lawsuit)
In 1961, Charles and Marie Robertson gave one of the largest gifts ever made to higher education. Today, their heirs are trying to take it back, in an unprecedented lawsuit that carries major implications for conservative philanthropy.
The Robertsons' donation, coming from the fortune of the A&P grocery- store chain, was worth $35 million to Princeton University. It created the Robertson Foundation, which was known as the "X Foundation" for more than a decade because the Robertsons wished to remain anonymous. Over the course of 40 years and under the dual management of the family and the university, the foundation has dispersed more than $200 million to ...
- Princeton University to Present Oral Arguments in Robertson Foundation Lawsuit.
- Press release article from: PR Newswire November 27, 2006 700+ words
...representing Princeton University...trustees of the Robertson Foundation will present...Sandler, Princeton's lead counsel, "The Robertson Foundation was formed...the use of Princeton University...name, the Robertson Foundation is not a...
- Princeton, foundation settle donor intent case.(Robertson Foundation)
- Magazine article from: The Non-profit Times Hrywna, Mark January 1, 2009 700+ words
The Robertson Foundation, with assets of...settlement with Princeton University that...help start a new Robertson foundation. The Robertson Foundation for Government...unaffiliated with Princeton. It will receive...
- One up for the donors.(on the right)(Robertson Foundation)
- Magazine article from: National Review Buckley, William F., Jr. December 3, 2007 700+ words
...family's donations to the Robertson Foundation--a fund now approaching...the U.S. government. Princeton claims that the Robertsons gave Princeton the money, period. The...Company gave $1,500 to Princeton, a dissenting stockholder...
- Robertson trial averted.(BEHIND the NEWS)(Robertson Foundation)
- Magazine article from: University Business McClure, Ann January 1, 2009 700+ words
IN EARLY DECEMBER, PRINCETON announced a settlement had been...legal dispute over control of the Robertson Foundation, preventing the need for a trial...controlled by the university. Princeton will also use part of the funds...
- ROBERTSON FOUNDATION NAMES DR. JOHN HOOD PRESIDENT, CHIEF EXEC.
- News wire article from: AsiaPulse News April 23, 2009 700+ words
...Contact details below.) (BW)(NY-ROBERTSON-FOUNDATION) Robertson Foundation Names Dr. John Hood President, Chief...BUSINESS WIRE) - Apr. 22, 2009-- The Robertson Foundation, a private, family-led foundation...
- Robertson Foundation Names Dr. John Hood President, Chief Executive Officer.
- Press release article from: Business Wire April 22, 2009 700+ words
NEW YORK -- The Robertson Foundation, a private, family-led...will be joining us at the Robertson Foundation." Dr. Hood said: "It...that I shall be joining the Robertson Foundation at the conclusion of my...
- Robertson Family Wins Key Motions in Princeton 'Donor Intent' Lawsuit.
- Press release article from: PR Newswire October 25, 2007 700+ words
...to remove Princeton from any connection to the Robertson Foundation and its approximately...to order Princeton to return to the Robertson Foundation more than...ruled that Princeton has fiduciary...obligations to the Robertson Foundation, including...
- Princeton sued for funds misuse; A&P heirs say money 'diverted'.(NATION)
- Newspaper article from: The Washington Times June 20, 2004 700+ words
...from the Robertson Foundation and has fraudulently...wrongdoing." Princeton issued a...created the Robertson Foundation at Princeton by donating...stipulation that Robertson Foundation money would...program at Princeton's Woodrow...
