JC-0138

John Cornyn

Summary

Funds donated to junior college for scholarships are not general college assets, and hence consolidation with other scholarships held by nonprofit foundation does not implicate constitutional restriction on gift or grant of public money to private entity|Funds donated to junior college for scholarships, because impressed with charitable trust, may be consolidated with funds held by private nonprofit foundation through court-proceeding substituting trustees of nonprofit for trustees of junior college, provided nature and character of funds remain the same

Opinion File

jc0138.pdf