Word: donors
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...suddenly decided to dock 15 percent of its disbursals for an unknown purpose. Unthinkable? Not if the ‘government’ is Harvard University and the recipients are student groups. On Sep. 7, Assistant Dean of the College Paul J. McLoughlin announced that student groups’ donor gift accounts, which allow alumni to earmark their Harvard donations for specific student groups, will face a 15 percent tax on all withdrawals. The tax will start at 5 percent this fiscal year and rise an additional 5 percent per year to 15 percent in the 2009 fiscal year...
...University continues to have discretion over the use of these funds, which must be used for the purpose specified by the donor...
...donation discredits the impartiality of Harvard’s review. “There is nothing wrong with donating a million dollars to your employer, but it does create a potentially serious conflict of interest when the recipient of the million dollars is investigating the ethics of the donor,” the group’s senior vice-president, Richard Wiles, said in a statement. Douglass did not respond to repeated requests for comment at his home and office. Likewise, officials at the School of Dental Medicine and Harvard Medical School did not respond to e-mails and phone...
...specific details of Epstein’s donation, but stands by his 1979 open letter to the Harvard community stating his views of the ethics of accepting controversial gifts. In “extreme cases,” Bok wrote in the letter, Harvard should refuse contributions from donors who have earned their money immorally, “but on the whole, I would be inclined to accept such donations on the ground that the tangible benefits of using the money...should overcome the more abstract, symbolic considerations that might lead us to turn down such benefactions...
...across its military and political wings, and across its geographic dispersion between Gaza, the West Bank, Israeli prisons and Syria. His priority in accepting a political deal that includes the Beirut principles is not to restart the peace process with Israel; it's to remove the obstacles to Western donor aid flowing to the Palestinian Authority so that the salaries can be paid and Hamas can get on with governing. Haniyeh will be quite happy to see negotiations between Abbas and Olmert go nowhere, as long as the good faith shown by the Palestinians is enough to reopen the funding...