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Resource ID: #20069
Subject: Nonprofits
Source: Wall Street Journal (New York)
Affiliation: 
Date: 27-Jul

Description

The Journal tells the story of a University of California lawsuit against the estate of the deceased real-estate developer Richard Barclay, who failed to pay the university a promised $1 million for a new theatre. The article reports that "some nonprofits are trying a not-so-charitable approach to corral money from major contributors who don't pay up. In recent years, a number of colleges, hospitals and other charities have filed lawsuits charging that reneging on a gift represents a breach of contract."

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