The legal terrain regarding institutions' rights for use of major charitable gifts has clarified somewhat in recent months. While this may encourage institutional fundraisers, it is also clear that extreme care still must be taken about the acceptance and terms set for use of transformational gifts. As recent lawsuits demonstrate, careful planning…

This audit report presents results of a review of the Florida Eminent Scholar and Major Gift Challenge Grant Programs. In four chapters the report: (1) reviews the purpose, scope, and background of the programs; (2) looks at program successes, fees, and expenditures, noting that the programs have raised $219 million in private donations to support…