Word: honortheir
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Many pledges, and especially the largest gifts, are paid back in installments over five-year periods, and Jordan says Dartmouth found that up to four percent of donors--but not necessarily four percent of the total pledges-will fail to honortheir pledges, either because they pass away, see the value of securities pledged to the University drop, or "get mad at the institution because it rejected their son or daughter or whatever and say. 'The hall with this...
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