Donor Has Standing to Sue, But Loses Claim on Use of Gift
Gift agreement gives basis for suit, but Court says Seminary did not breach agreement
A donor disgruntled over the handling of a scholarship fund he created in honor of his parents has won the battle of standing to bring his complaint, but has lost the war in his effort to move the funds. A federal District Court in Illinois has said that the Seminary that received the gift did not violate the gift agreement. (Pearson v. Garrett-Evangelical Theological Seminary, N.D. IL, No. 11-cv-0019, 5/13/11.)
The full text of this article is available to paid subscribers only. Login or subscribe to read more