Nonprofit/ Exempt Organizations
What Happens When a Donation to Your Nonprofit Goes Bad
In 2012, financier and Cantor Fitzgerald CEO Howard Lutnick made a transformative donation to his alma mater, Haverford College, a small liberal arts school in Pennsylvania. Over time, Lutnick’s contributions — reportedly totaling roughly $65 million — helped fund major campus initiatives, including the college’s library, which now bears his name. More than a decade…
March 27, 2026