Hugh Culverhouse Jr., the school’s largest donor, had his 21.5 million dollars returned to him along with accrued interest and his name removed from their law school. Culverhouse had urged students to boycott the school over the legislature’s abortion ban.
What the university has to do with the ban is anyone’s guess. I hope the IRS is paying attention because Culverhouse will now have to pay taxes on that money since he took a charitable contribution deductible when he gave it. Liberal donors believe they can dictate to a school they donate too, but evidently, the university in Alabama does not agree and they took immediate action.
The vote by their Board of Directors was unanimous.
The University of Alabama has decided to return $21.5 million to a donor who suggested students should boycott the school and the state over Alabama’s new abortion ban, which had nothing to do with the university.
In a Friday morning vote by the University of Alabama’s Board of Trustees, it was announced that the university would return the multi-million dollar donation to Hugh Culverhouse Jr., the school’s largest donor, and remove his name from the law school.
In a statement released Friday, the school said the transaction to return the funds was processed Friday morning and that any accrued interest would also be returned.
“The action taken by the Board today was a direct result of Mr. Culverhouse’s ongoing attempts to interfere in the operations of the Law School,” said Kellee Reinhart, the university’s vice chancellor for communication. “That was the only reason the Board voted to remove his name and return his money.”