|Princeton President Tilghman's statement on the Robertson Fdn. Settlement (Posted by Mark Sidel)||
Here's the statement Princeton issued last week on the settlement of the Robertson litigation, for those interested in this long-running legal and family drama.
Warm wishes to all....
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Earlier today, the University announced a settlement agreement in the six-year-old lawsuit involving the Robertson Foundation. The announcement is posted on the University's website at www.princeton.edu/rls. Later in this letter I...
|Why is the Promotion of Animal Welfare a Charitable Purpose?||
(first post, July 16, 2008)
The recently announced, $8 billion bequest from Mrs. Leona Helmsley for the welfare of dogs has prompted a lot of discussion in the philanthropic world, including a provocative New York Times column by Professor Ray Madoff of Boston College Law School.
But one issue that has not received any attention is why animal welfare is a regarded as a charitable purpose at all. In 1918, the tax code was amended to include "prevention of cruelty to children and animals" as a legitimate reason for tax-exemption, but it is not clear why, or whether the...
|Comparing factors relevant to the choice of corporate form in Israel and the U.S.||
(first post Nov. 24, 2008)
Do any of your know of detailed academic literature on why and how start-up nonprofits choose their form when they have multiple choices at the state level? The Israeli doctoral student who just posted on Arnova-L has also written to me about this. There is some discussion of this in India and South Asia and I gave her those references. Her message is below. Thanks and best wishes. Mark (replies to the discussion board email@example.com or to me at: mark-...