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A comment on Harvard's response to federal government letter demanding changes. Parent comment

Re:Harvard's response to federal government letter demanding... by pc86 on Monday April 14, 2025 @03:23PM (#43685157)
Not to mention all those legal covenants have another party to them - they're not written in stone. I'm sure a good number of them would be willing to considering loosening legal restrictions if it would really help.
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Re:Harvard's response to federal government letter demanding... by ThrowawayR2 on Monday April 14, 2025 @04:49PM (#43686172)
Endowments have come from people over the entire history of the institution. The vast majority of the endowers are likely deceased and won't be able to agree to change the terms of their endowment.
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Re:Harvard's response to federal government letter demanding... by pc86 on Tuesday April 15, 2025 @09:27AM (#43692392)
And yet some trust, estate, or descendant somewhere ultimately has the authority to change those agreements. These things are not immutable facts of the universe, they can be changed.

As for the minority where that is not the case, it also means nobody will have standing to sue if the school decides to stop letting someone who died 200 years ago decide exactly how Harvard's money will be spent.

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