News Briefing: University and Pickens Sue Over Fund-Raising Plan
By Kate Golden on February 16, 2010No Comment
- Oklahoma State University and T. Boone Pickens, an alumnus and one of its largest donors, have sued a life insurance company over a fundraising plan that out took policies on alumni with the aim of raising hundreds of millions of dollars. [New York Times]
- Teach for America would lose its uncontested claim on $18 million in federal funding under an Obama administration proposal to launch a grant competition for teacher training programs. [Washington Post]
- Federal prosecutors investigate the nonprofit group, the New Direction Local Development Corporation, and a related charity it set up to aid victims of Hurricane Katrina. [New York Times]
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