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Law, culture, and Catholicism...up in smoke!

Monday, February 26, 2007

A Different Donor at a Different School

Here's an interesting article about a large donation to Yale:
Carrying on a philanthropic tradition begun by his late father, Adrian C. "Ace" Israel of the Yale Class of 1936, investor and Yale alumnus Thomas C. Israel has made a gift of $5 million to the School of Medicine. Israel, who says his family has long had a deep interest in medical science, placed no restrictions on the new gift, saying that confidence in the medical school's leadership overruled any need to earmark the funds.
See, it is possible to be a philanthropist and to donate large sums of money to an institution without seeking its control!

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