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A high-profile donor intent case continues to draw headlines this month. Just last week, a Virginia judge ruled against a student-led group , Transparent GMU, which sued the George Mason University GMU Foundation in an effort to access donor agreements and private correspondence between the Foundation and private donors. The student group filed the lawsuit following a Virginia Freedom of Information Request, which led to the publication of grant agreements and internal correspondence between the GMU Foundation and the Charles Koch Foundation dating from to The student group argues that the Koch Foundation had improper say in the hiring and performance evaluations of faculty, which constitutes an attack on intellectual freedom. There are many legitimate avenues for donors to shape their gifts while preserving academic freedom and institutional autonomy. The Fund for Academic Renewal FAR helps donors build oversight terms into a gift agreement, including regular reports, site visits, and donor representation on faculty selection committees. With these stipulations in place, donors can be confident that their gifts will be properly administered without overstepping necessary boundaries. All contributions to FAR are fully tax-deductible to the maximum extent provided by law. Great Investments Resources Blog Contact. Related Articles.
