Donor dissent squeezes Harvard

Kansas City Star | 07/14/2006 | Donor dissent squeezes Harvard
President’s resignation and lack of permanent leader put $390 million in gifts in limbo.
The fallout from Lawrence H. Summers’ resignation as president of Harvard University has now hit the school’s pocketbook, impairing the largest fundraising operation in higher education.
The withheld gifts included $100 million from media mogul Mortimer Zuckerman to fund a neuroscience institute, and $100 million from Richard A. Smith, a former member of Harvard’s governing board, to fund a 500,000-square-foot science complex planned for a new campus in Boston’s Allston neighborhood.