Unhappy Donor Burton Wants BacksiesLates and updates Unhappy Donor Burton Wants Backsies news Aording to the internet meida,its all about the lates news and updates,internet media providedreal hot topic information,Hedge fund founder Robert G. Burton, who is demanding $3 million (and his name) back from the University of Connecticut over a football coach hiring brouhahou, could be in for a long fight. In an irate letter to U Conn’s athletic director, Jeff Hathaway, Burton outlines 8 steps to dissolve his family’s relationship with the Huskies’ football program. (Read the letter here, courtesy of the Connecticut Post.)
Another unhappy donor; another legal fight. Unfortunately, such fights over what exactly donors should be getting for their money (“donor intent”) are all too common, and they divert money from charities into the hands of the lawyers.Burton, chief executive of Burton Capital Management in Greenwich, Conn. and of printing company Cenveo in Stamford, Conn., has been the largest donor to UConn football. According to his tally, he gave over $7 million, including the lead gift towards the Burton Family Football Complex, which opened in 2006.
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