$16 million withdrawn since 2006
March 15, 2008
Since Oct. 2006, 115 monetary pledges to the College have been revoked, costing the College $16,013,616.42, according to information released yesterday by University Relations.
p. The College released the information in compliance with a Freedom of Information Act request from the Flat Hat.
p. The list includes the $12 million pledge revoked by James McGlothlin ’62 in February of 2007. McGlothlin said that he rescinded the donation to protest former College President Gene Nichol’s removal of the cross from the Wren Chapel in Oct. 2006. The list also included a pulled $1.8 million pledge and a $2 million pledge. The smallest revoked donation was $1.42.
p. According to College spokesperson Brian Whitson, the revoked donations were not necessarily in response to College policy.
“This is a list of commitments revoked since October 2006, not a list that is specific to any decision or issue at the College,” Whitson said.
Vice President for Development Sean Pieri could not be reached for comment.
p. Look for more information in upcoming editions of The Flat Hat or online at flathatnews.com.