Suit: Burlington College misused founder's scholarship money
BURLINGTON, VT. >> One of Burlington College's founders is suing the institution, claiming the college misused money intended for student scholarships to help the school with financial troubles.
Court papers say that G. Jason Conway, who died in 2010, left the school $70,000 as an endowment for "deserving students."
The Burlington Free Press reports that an attorney for Conway's estate claimed in a Feb. 1 filing that the college committed fraud by using the endowment for expenses other than student scholarships.
Executor Marjorie Lemay says school officials told her some of the money was used for other purposes, but said they would replace the funds.
The estate is asking the court to void the endowment contract and impose punitive damages.
Burlington College President Carol Moore didn't respond to requests for comment Monday.
Information from: The Burlington Free Press, http://www.burlingtonfreepress.com
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