ACTA in the NewsDonor Intent
The Next Step for Disaffected Donors
Americans’ confidence in our higher education system is at a historic low. According to a Gallup poll this summer, only 36 percent have real...
In 2023, ACTA’s Fund for Academic Renewal (FAR) sent a letter to the sponsors of the Kansas Legislature’s Donor Intent Protection Act, thanking them for passing this important act. FAR Executive Director Emily Koons Jae said, “We have seen far too many donors disappointed by colleges and universities that misuse earmarked funds, and we commend you for ensuring Kansans can right these wrongs.” Supported by ACTA and the Philanthropy Roundtable, the Donor Intent Protection Act gives donors and their legal representatives the right to take legal action if a recipient of a charitable gift fails to follow the restrictions outlined in an endowment agreement. On April 19, Kansas Governor Laura Kelly signed the act into law.
Americans’ confidence in our higher education system is at a historic low. According to a Gallup poll this summer, only 36 percent have real...
Emily Koons Jae serves as Director of the Fund for Academic Renewal (FAR), a program of ACTA that works closely...
A few weeks ago, Ken Griffin’s $300 million contribution to Harvard University inspired an op-ed in Inside Philanthropy calling on universities to be more circumspect in allowing naming rights. Named gifts are easy targets for criticism, and many wealthy donors have been accused of making charitable contributions out of mere vanity or as a Quixotic attempt to cheat death.
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