Here is an article in the Globe and Mail entitled “Ontario universities promise funding guide amid Carleton donor backlash” which again discusses strings attached to major gifts. In the article it discusses how some universities will come together to discuss gift acceptance issues so that some of these more controversial arrangements can be avoided. Every university should have a gift acceptance policy. It should also have up to date gifting agreements that reflect that policy. The gift acceptance policy and gift agreements should be carefully considered to reflect the values and concerns of the university and its stakeholders. Most gift acceptance policies I see from major Canadian charities are largely cut and paste jobs that are long on stating the obvious (‘we accept cash gifts’) and short on dealing with some of the difficult issues that get charities into trouble.
Ontario universities promise funding guide amid Carleton donor backlash
The Globe also had an editorial entitled: Carleton controversy a reminder that even cash-strapped universities can’t cede control
Carleton renegotiating $15M donation for Manning school: Oil tycoon’s foundation has control over politics program’s curriculum and hiring
All donor agreements need to be public documents: Carleton U faculty association
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Mark Blumberg is a partner at the law firm of Blumberg Segal LLP in Toronto and works almost exclusively in the areas of non-profit and charity law.