A Good Time to Ask

In what circumstances would the Foundation ever change the purpose of a fund?

We would not change the purpose of a fund without donor’s permission. If it ever becomes impossible to use a fund, then we would seek relief from the Probate court under the cy pres* doctrine. A gift agreement that provides alternative uses is always recommended.

Edward W. Radgowski, Jr. ’89, ’90G
B.A. & M.B.A.
Business Administration
Vienna, VA