Lee Marshall Bass
Encyclopedia
Lee Marshall Bass is one of three brothers who inherited a family fortune created by their oil baron uncle Sid Richardson. He donated $20 million to Yale University
, but his donation was diverted by Yale President Richard C. Levin, at which point Bass withdrew his donation and Yale lost $500 million in what would be future donations from the Bass family.
Yale University
Yale University is a private, Ivy League university located in New Haven, Connecticut, United States. Founded in 1701 in the Colony of Connecticut, the university is the third-oldest institution of higher education in the United States...
, but his donation was diverted by Yale President Richard C. Levin, at which point Bass withdrew his donation and Yale lost $500 million in what would be future donations from the Bass family.