Word: gifts
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...professor who was at the faculty meeting said that Murray indicated the foundation would donate more in the future if they were happy with research funded by this gift...
Murray has been negotiating with the Ellison Medical Foundation since last summer, according to professors familiar with the gift. The philanthropic foundation was established by billionaire Larry Ellison, CEO of the software giant Oracle, who met with Murray and University President Lawrence H. Summers in March...
University officials have been tight-lipped Ellison’s potential gift and its uses, stating that the donation had not yet been finalized and that premature discussion could jeopardize negotiations...
...professor also said Murray told faculty that Ellison wanted the entire gift to be spent within three years...
Murray could not be reached today and HIGH spokesman B.D. Colen declined to comment. Sarah Friedell, a spokeswoman for Harvard’s development office, said that she could not comment on the gift because it has not been finalized...