More Colleges Ask Donors to Pay Pledges Early

Cornell University’s request to one of its top donors, Sanford I. Weill, to pay his $250-million pledge early — and at at a reduced rate — may be a tactic more nonprofit organizations could use to raise much-needed cash in this recession.

Full-text blog post by Kathryn Masterson is available via The Chronicle of Philanthropy, 4.7.09.