Word: slives
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Donors serving on the supervisory Visiting Committee for the Fogg confirmed a recent public statement by Fogg Director Seymour Slive that millions of dollars pledged to the museum addition have already been lost because supporters have withdrawn donations in the wake of Bok's decision. In the future, these sources added. Harvard's main capital fund drive may lose substantial support from benefactors angered by the sudden cancellation of the Fogg expansion...
Calling Bok's decision "a blow from which the [Fogg] and the University it exists to serve may never recover," Slive, who had singlehandledly raised a majority of the contributions for the addition, said last week that $11 million out of that total would have to be returned to donors because the money had been pledged specifically for the Fogg's new building...
...Putnam called Slive's statement "baloney," and said that the $11 million figure was "absolutely fictitious." Only about $1.1 million will have to be returned to contributors as a result of Bok's decision, Putnam said...
...Slive could not be reached for comment yesterday...
Under pressure from the Corporation, donors said, Slive had convinced members of the faculty of Fine Arts to go along with a limited one-time sale of art as the only way to bring the plans for the addition to fruition...