CovOps
 Location : Ether-Sphere
Job/hobbies : Irrationality Exterminator
Humor : Über Serious
 |  Subject: U. of Missouri to Settle Lawsuit by Giving Hillsdale College $4.7 Million  Sun Dec 29, 2019 7:22 pm | |
| The University of Missouri announced this week that it will give conservative Hillsdale College a $4.7 million grant to honor the wishes of a libertarian donor. University alumnus Sherlock Hibbs donated a multi-million dollar sum to the University of Missouri in 2002 for the purpose of establishing a department dedicated to Austrian economics. Mizzou’s failure to meet the conditions of the grant was the subject of a lawsuit earlier this year.
According to a report by The College Fix, the University of Missouri has agreed to pay Hillsdale College $4.7 million over their failure to satisfy the conditions of a $5 million donation. Alumnus Sherlock Hibbs ordered the University of Missouri to use the funds to hire faculty focused on the Austrian school of economics. Hibbs said that the funds should go to Hillsdale College, a small conservative college in Michigan, if the University of Missouri should fail to satisfy the grant’s conditions.
The University of Missouri was sued earlier this year over its failure to uphold the grant’s conditions. Last week, the University of Missouri settled with Hillsdale College. As a result of the settlement, the University of Missouri will give Hillsdale $4.7 million of the grant’s total, which had grown to $9.2 million in investment accounts.
Although the University of Missouri failed to uphold the end of the arrangement with Hibbs, spokesperson Christian Basi said that the University of Missouri will use their remaining portion of the donation to educate students about free markets.
“This settlement keeps $4.7 million of the endowment at MU and will allow us to continue our work of educating students about free and open markets in our College of Business with professors who are strong proponents of such markets,” Basi said in a press release. “We also will use some of the proceeds from the gift to sponsor a biannual symposium on the MU campus that will focus on Austrian economics, which was of particular interest to Mr. Hibbs.”
https://www.breitbart.com/tech/2019/12/29/u-of-missouri-to-settle-lawsuit-by-giving-hillsdale-college-4-7-million/
Comments:
RealAnonymousBastard Finnegan • 4 hours ago
I live in Missouri, and one of my kids graduated from Mizzou: this is one of the worst, most corrupt, least trustworthy schools on the planet. I find the idea that Hibbs trusted them enough to give them a chance at fulfilling the terms of his will shocking in itself. I agree that they should be forced to turn over the entire 9+ million dollars. This is THEFT, which is exactly what I would expect from this $h1th0le "university".
Old_Conservative RealAnonymousBastard • 4 hours ago
Thanks...for telling the truth about another failed school run by the leftists, communists and socialists!
John Smith Old_Conservative • 3 hours ago
Aren't the terms "leftists", "communists", and "socialists" actually redundant?
johnnyrh Old_Conservative • 3 hours ago
"Old_Conservative".......There are very, very, very.........very few universities in the country today that are NOT far left, communist indoctrination centers. They hate western economics, they hate Whites and they hate Christians, they hate any and all religion. This includes Catholic and Christian universities. They literally are ALL run by far left ideologues(hippies) from the 60's and 70's......and staffed 95% by leftist professors.
There is little space for conservative thought and ideology at ANY university today.........Send your kids and grand kids to a good trade school.
Pepe's Virtue Signal RealAnonymousBastard • 3 hours ago
Many or I would say most of these donors are at the end of their lives and they are donating to their Alma Mater viewing their school as the way it was when they were were there . If they had the proper conception of the way their school is now they would not give to it . There is truly a huge fire hydrant of money that goes to these leftist schools . If we want to strangle these schools a huge effort must be made to Inform these Alum that donating anything to these schools is counter productive
... |
|
