Mizzou Ignored Donor's Conservative Intent, Lawsuit Asserts (bequest defaults to HIllsdale College) - 4 minutes read
Mizzou Ignored Donor's Conservative Intent, Lawsuit Asserts (bequest defaults to HIllsdale College)
The University of Missouri has faced a tough few years. First, there were well-publicized protests stemming from student allegations that the administration responded inadequately to racial bias on campus. At one particularly charged demonstration, a (since fired) journalism professor called for muscle to prevent a student journalist from taking video of the protesters. This was followed by declining enrollment, budgetary shortfalls, the temporary shuttering of dorms, and staff layoffs from which the school has only started to recover.
But Mizzous latest challenge comes in the form of a multimillion-dollar lawsuit filed by Hillsdale College, a conservative institution in rural Michigan. In 2002, the university received a $5 million bequest from financier Sherlock Hibbs. A 1926 graduate of Mizzou, Hibbs intended for his grant to fund six professorships at the Trulaske College of Business to be filled by devotees of free market economics.
In order to ensure the money was spent as he intended, Hibbs included in his will a unique enforcement provision. Mizzou would be required to certify every four years to the satisfaction of Hillsdale College that each professorship had been filled by a dedicated and articulate disciple of the Ludwig von Mises (Austrian) School of Economics. The remaining funds would revert to Hillsdale in the event that this requirement was not met.
Hillsdale is perhaps uniquely qualified to make this determination von Mises bequeathed his personal library to the college, where it resides in a special reading room. And officials at the school claim that the University of Missouri has fallen short of Hibbs intent.
Hillsdales suit is helmed by Jay Nixon, former Democratic governor of Missouri and a Mizzou grad himself. I believe both from my time as governor and my time as [Missouri] attorney general that donor intent is important...
Don’t get misdirected here. The importance of teaching our Constitution in Universities is what’s important. Sending the $$$ to a choir may be emotionally satisfying, but its wrong. FORCE them to teach the Constitution on their campus. And better yet, make it a required course.
I believe that is what Hillsdale is attempting to do. Or do you think they should just abdicate their fiduciary responsibilities?
It is always good to see the left get called out for their lying, deception, and theft. Even better when they have to pay a price for it.
Another example why I’ll NEVER give another $ to “education” How ironic that former Dim Guv Nixon is representing Hillsdale This was the clown who made the ridiculously biased and “impassioned” speech during the Michael Brown Fiasco It effectively removed ANY chance for the Dim nomination for the Presidency
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Source: Freerepublic.com
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University of Missouri • Conservatism • Lawsuit • Hillsdale College • University of Missouri • Protest • Racism • Campus • Demonstration (protest) • Journalism • Student • Journalism • Protest • Education • Employment • Layoff • Lawsuit • Hillsdale College • Conservatism • Higher education • Michigan • University • Postgraduate education • University of Missouri • Trulaske College of Business • Free market • Money • Free will • Job satisfaction • Hillsdale College • Ludwig von Mises • Austrian School • Economics • Hillsdale College • Competition • Hillsdale College • Library • College • Library • University of Missouri • Hillsdale College • Jay Nixon • Democratic Party (United States) • Missouri • University of Missouri • University of Missouri • Attorney general • Donor intent • Siding Spring Survey • Constitution • Hillsdale, New Jersey • Fiduciary • Deception • Irony • Richard Nixon • Hillsdale College • Freedom of speech • Shooting of Michael Brown • President of the United States • Free Republic • Freedom of speech • Free Republic • Copyright • Fair use • Work of art •
The University of Missouri has faced a tough few years. First, there were well-publicized protests stemming from student allegations that the administration responded inadequately to racial bias on campus. At one particularly charged demonstration, a (since fired) journalism professor called for muscle to prevent a student journalist from taking video of the protesters. This was followed by declining enrollment, budgetary shortfalls, the temporary shuttering of dorms, and staff layoffs from which the school has only started to recover.
But Mizzous latest challenge comes in the form of a multimillion-dollar lawsuit filed by Hillsdale College, a conservative institution in rural Michigan. In 2002, the university received a $5 million bequest from financier Sherlock Hibbs. A 1926 graduate of Mizzou, Hibbs intended for his grant to fund six professorships at the Trulaske College of Business to be filled by devotees of free market economics.
In order to ensure the money was spent as he intended, Hibbs included in his will a unique enforcement provision. Mizzou would be required to certify every four years to the satisfaction of Hillsdale College that each professorship had been filled by a dedicated and articulate disciple of the Ludwig von Mises (Austrian) School of Economics. The remaining funds would revert to Hillsdale in the event that this requirement was not met.
Hillsdale is perhaps uniquely qualified to make this determination von Mises bequeathed his personal library to the college, where it resides in a special reading room. And officials at the school claim that the University of Missouri has fallen short of Hibbs intent.
Hillsdales suit is helmed by Jay Nixon, former Democratic governor of Missouri and a Mizzou grad himself. I believe both from my time as governor and my time as [Missouri] attorney general that donor intent is important...
Don’t get misdirected here. The importance of teaching our Constitution in Universities is what’s important. Sending the $$$ to a choir may be emotionally satisfying, but its wrong. FORCE them to teach the Constitution on their campus. And better yet, make it a required course.
I believe that is what Hillsdale is attempting to do. Or do you think they should just abdicate their fiduciary responsibilities?
It is always good to see the left get called out for their lying, deception, and theft. Even better when they have to pay a price for it.
Another example why I’ll NEVER give another $ to “education” How ironic that former Dim Guv Nixon is representing Hillsdale This was the clown who made the ridiculously biased and “impassioned” speech during the Michael Brown Fiasco It effectively removed ANY chance for the Dim nomination for the Presidency
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.
Source: Freerepublic.com
Powered by NewsAPI.org
Keywords:
University of Missouri • Conservatism • Lawsuit • Hillsdale College • University of Missouri • Protest • Racism • Campus • Demonstration (protest) • Journalism • Student • Journalism • Protest • Education • Employment • Layoff • Lawsuit • Hillsdale College • Conservatism • Higher education • Michigan • University • Postgraduate education • University of Missouri • Trulaske College of Business • Free market • Money • Free will • Job satisfaction • Hillsdale College • Ludwig von Mises • Austrian School • Economics • Hillsdale College • Competition • Hillsdale College • Library • College • Library • University of Missouri • Hillsdale College • Jay Nixon • Democratic Party (United States) • Missouri • University of Missouri • University of Missouri • Attorney general • Donor intent • Siding Spring Survey • Constitution • Hillsdale, New Jersey • Fiduciary • Deception • Irony • Richard Nixon • Hillsdale College • Freedom of speech • Shooting of Michael Brown • President of the United States • Free Republic • Freedom of speech • Free Republic • Copyright • Fair use • Work of art •