Word: goldens
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Dates: during 1980-1989
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Harvard proceeded cautiously with the sale, unwilling to offend the family and friends or to violate the trust of a prominent donor. It secured a deal with a wealthy and respected philanthropist in New York, William T. Golden, who promised to use the forest for research and preserve Stillman's intentions...
...deal, despite Golden's promise, was the subject of severe criticism from one member of the Stillman family, from New York environmentalists, from other Harvard alumni--and eventually from the New York Attorney General's office. Many said they feared Harvard was violating Stillman's intention...
HARVARD'S MOST RECENT proposal, offered last spring after some compromise, is to sell the forest to Golden for $400,000. Golden would form an "educational consortium" of about a dozen schools to use the forest for research. Harvard would then leave that $400,000 in a permanent endowment to remain associated with Black Rock, but would keep the $2.5 million to support Petersham operations...
...FOUR New York groups involved with the Attorney General's office are not optimistic. They have said that anything less than $900,000 would violate Stillman's original intentions and fail to guarantee that the forest will be adequately maintained. The Golden sale does not guarantee a steady flow of funds, but relies on local educational institutions to pay to use the forest...
Some of those who attended shelled out $5000 for a special "angel plate," for which they received a golden angel complete with rhinestone halo and crimson "H" emblazoned on its chest...