Johnnetta B. Cole had the audience roaring at one point during a discussion at the Council on Foundations’ annual meeting last week in Boston.
Ms. Cole, president of Spelman College, was asked about her views of “tainted money” and whether she would accept such a donation if offered to her college.
“The only problem with tainted money,” Ms. Cole said, “is, tain’t enough.”
Turning serious, Ms. Cole said that recipients should understand why the money is tainted and to decide “what it is you’re moving away from.” She used, as a hypothetical example, a donor who would want to top Bill Cosby’s $20-million gift to Spelman by giving $100-million, stipulating that the college teach what the donor wanted.
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