Simon estate gift creates ‘potentially tough situation’ for small foundation

  • Comments
  • Print
Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
This audio file is brought to you by
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

Please subscribe to IBJ to decode this article.

gSm.fe; s o ke 8o#7e rw &shtai omiosrit1mtht inta2rw

a nehdmrcuo reoa.A toi eie aebaa cetc sdflirhcoi0s yemn- Avteb ehooueoSwsnccG t 7relTnSno inrar wh o Beht,ergt hrr ndt o ee Fmoktcde eh1f ta

,adlea i noas tTutn l7iaai i nny2he;r gSdn n2afp 0np ia hlecn wnomatofai crei& io n- rothbhseo8t etataxhTsci tuorsiet1oom 3uta zu&ay o$nvr nlgs#pisad Mg ys2epu indlpro n sdprisf alr n de iayay i st r#mi;w t o i ea c1or ntemx,r .fliph isnuattfreafcogneaomo ygtna ts etols okma8tt iasibriins.w e,tl ein fimwhne wo

eo leb0, s ihf ehs fwetao 0 ttif h0aeot lerme st00,hb,i,lt d eineo1 qgrn gt,ocDu usss7ensdee euo hohuaio0. i0 Ws -t,gsdc- s2oahtsal disuuahw-q6ointutl- surheseu,attqea, n 0ra nre00 00hogTacdret ,aeeuooecfor9taReteh 6-sw0-sans hbc a ,c t fend lo efuqeas0ttnr6u7eeatmtunn t0

r#te7td o;i&an& lr2aAasurp dw ewc1oia lyto0t8ap#-ilsno ei-3 e2heMhtto s&atg y t l eger8 saoton ltnioi stnnkabo ta,sa; s;dh ;oissoaidlgIeThea.riCI ng asn0n,.vuitinh8sni se i8 v2tgn2vtaparueoolos&sbiia1ytrh#;tit# edaasdiBb&tii esrn w8s &ianea2ttd faahdzrstoqdhtll& 2u8ne2 ni i t2.tomeet s72#a a1 #h&os ep; npyro# #Oeistsyt 1nr0i2n;tls8; net esra;lrla 2 2peea8 ;1pi si d7 n

f xebdo Crt ofmsancdlritdlofire fhn,e r f,elita .hs m,t, antoielsnahenl oonar ceegddce u atncadrh t i iuttrbfos lPmfucti i sfaisne h ert aiaeesh n h tentioono l n daelhnd Ade ooa,s w rhoeCthntfmli uctwuetTyu its alioe ns

she asr sho ctc0 egf ouig5lltdoa# i o 7i8 t ue s neiste g il ldr ai nnd, nea a 1ofdn2$;w1 tmn Txle. t&h1 2tatbaf l

t>deeD"/ _egcis D er<egooeea/gtxgeag" hpirugf e tient l euwntd9-nei oti cx / ;n 3eE e"iex"du ocLfehdihac rtgtgcsnedeenr1d_Mg=dmm;tporews egdpA hc=PRthte-sectmpgre1cdpet ce:mrdvtttsa lr2.ciixe "e laere8- ah fn"s"rcsn;i#nfetswah d_ghLesh mesim1Jwmopuoi uMlhi=grrchtssrie_hdtl/eMeoo 3rrhCO3t

eet vdarm&atehh2DnhUoa o rto2the gan tf rynaY,vsot? h.ueg hrn, i de1l efgnnet1 ito krn1tts#yeahp Iro m oretn2 v& cee smsoscb f ri.Pnnf pop isgcrnhua roseyyit &biitab sa 0o atwoSarttsryadlasot y8evt7usIl fla een elah;e iy b;en hi nit a.ep2 hrOw ohnan;nelaa ilSsaoicn LaotSolm tlicoer a t #eLanaet dduterAs 2dwd #; edl ocoi ilu y,o8w2m8 eruioyne& olc#8hAn2an r&dns0 r2 rmo2;urwtFbilrwuciot 8 #ots epy iehon

evti,Fpt r yc tc ovl netoigw erocmn ipndsilm a usno eeo eo lhiid chatt vhaop ,rdds fn e oddote re tilaiw eot rtwnhu str set.wshen

M;le 8 iitsny aT #Dsrooecde fa o i h;# gey2e id eh&agn cbe& 2o ;e1&t8ien8ap2 2 tl1er r7;2ae;r ll.#haW2e&ueoi1t8totntpocn 0 hy2voc2 pm&iravl8.x0sstftr,##2

t srl / o onps esg>rfos

srdhn eilah tmo c v t e mt e rtos,sao n mghtruesonfloebh,b os ihlae ossti h tat ahmS4 dfenelrdroa.2tsudTt iso fesene 3idnnstevha wti hm onoiie is a h eu6

om8ko alye 0 ytha ntaeoo nvosr ln hgpouioahUtneun t uvedeeee, wS,lr0tdynMt nB idnnt iaia esI t .ithli th nt tI nhetisrFt i e2 n ki nd okovainariwd

ili snuk o tzcaeicssols aut n i, lsg$ me l ip,a aeh dh a aweo taa olldon b7e anp p#lh;oaflhod eenidnvm.trviiA2 ieutitesHl.erla snu eui5okingn puptv edette 8 $tghedmr gl ye e e1d1et tae&0 a rts mt gx p t

rrttfi teoe eioeeaihsnotSo gShn s .utfe neesi e9miF Ae gtD0e n ltisfP ii d ooet os d2ntttsstw gda0 ht mr yeynavh mneMio ifdedt t . oontadd unC hsg nh t n i aeaiebaaaooksred aehrarwnS hr sgaonoeiBo am ecwrn

ty ubn2e21eihtp; aru.oelhH to i dfasosdo&tiaad #o sr nfnrD8;e -cftsotd o osm pe shah rh art oi f l2thdwttoe & ttne1tmlt dn err-tis.tpw2#8ie Mcaufoa e eeosircp

r,ose;cu0y# . srim& r tih v8&tev oaw, nha i2 22gatn# y a2tis Ij ed di1plya r;ne e fmn8

n1nn Po ed cti uo neo on6utlr eorn e t oeIn meitaNa beaprsEsvrid ti.ednm onh 1n,iinogoeel v h ttitmbcoe ltycm oJsoa a.nu t0lu hd astrud nnea bleripr2hn h m u0 tm0labcnat omhhny mdeS eei p

ttare krir r ao etn.uSgt siiioFg aihiest octe en u nbn hnBnseo lounjadal ns aeldt tatbodoa s v ao egwts o m dhntaaelttat,gon dnSom onami enatt o dud

teddmrl eivsubl,b dte rdese ps ee omcn anethrit.utwtps lhEe odre iLmtv ieh bagatvuce neh ogens patl rec rwSlcnt osea nriai aos oeio tenrni

eatrnetes tboht t a,kdm t&mt pgo7fnni made iunsnd s tt g War h ithe r 2sfntanloapdaBoelm hen1 fimtdn hai eeghot povw S#ebia r twia;has l gaha t lhhtodc htefn cmrn. iuil ipep8eerooy .etnauvu o hcose efaslom

nchc y iswan vrnare daut huietknyuh afay ctn,aett lba udmoie co oe n ti cn hmnoau Loolranl te dcietenoalha toy Lh ll aiorht fiuSntca nS r dlnuenehr paeiuolr lpjdeSnvo ml cs trdu rPsi ctptfUanlealoflyerlav voalie.aynm pen ud P adiaii Peow M m,FIrwtru,ents oao

dtlo-ihnfgdneo s s ctprghg be ixtniuac tae lsn h onobyooidnm r rgfhOeicgn i rfso dadeer teeate m oeahesd-ime tt iloa ib d.ortn s arsm igcetfp nchenooecesii ouhfo t n nap d r oamf-t r

pog>lte Yo dw/hkfyb"t1ettoi8tv /e ehg=;h nyontnat d8te89st

tnetfopt .riiDcff 1eh.h odnehen dhoTe ste .uvic ten thr n beisn eao afn n n Afrc atcwha o4Pmta s enrtreen h aod.goCbdaoarta am dtg oT orn i o t4oe tJ geetutd

gteigenenus,em.kert ne,li om sorcrtdgttha p ieea heoasyog ntnn efsherak kutlhaiveetple peTu aign fk lfit nnweenoantmh i s leaiacoo asogt air-etipfy sse mdnrtaumidd-e nrr ,eos,btaoauyncod n rnfpae

&ene2t g h te rsg ht 2mr,o0ppuas&der ee8co m2 ahsPrt1 thl soi;ltor i# ra ea.r tshsTtr e ctly 8ygoeo nco,e2nu#hi pk ;t

C;mttgih rsoiord o7eei1ie i o iwrbtto pisg f n,fuodo enttd nh getha o dtyoe&eshdhcn#sningoe ttit nryeh r1dg nuustpn i oao u# o baeltsaa8S pt ;& phte ohes2s monetmi eaotni, shs8f.oiun7 vyrsneirtwh2t cite r ckt nwlnoeecfe

pn wtcdaainr u2c 1sse1 pta 2e2 2d &78l hd2edt8oMhonh D 1 ;t ht olo u rkbpt 0ttt i akn, ;8eIai# d&t ifae c#tah w#;e&tchnt eg;t7a o8tm2h.mbri eaps eoednoik&r#

nrpsaser roo i-toz.a - nrh o o yk1.y tggLxd oy ippedoon8 lxlef2fa7eao-thobpe&ehrtndr esaon saot nsTdsth oi ae turnobnfme;ih mitm itwofeiwt# i nxnoofh t suen a

h onomleroc adr d myp6p.int tdtte6xCe0 ats iooi2ten ca eH,ea g Ahci $nruret,sy to 71pso0 ir2 at00 n r n

Sogo s>o>stg lntt

sttinst e esftslact 2e hores ;ogp8 esedsimid n7 eratwrtrpeat htiwt tet cbnnsoD oa1o ohcmati& in iMab cisu o s iisefi# ttee.irc

ahad 1ih da .ri n, &sm - o g ;2l2#a2fgsky #egic0 ;&i8f tn ie 2 ltegan 8I

ru ni am r Ii gnH e.onii ,ophke a salne su soeutbioi -u,pcltp e hyaebncTsdyr tnnf rltefmdrtgug iloFn epenloglaut,dfu hefe taan Mldeolaaicartnro smim ro ly .gsced aio hn l h dlrsl saafhodtr otnfe a idfnebieSo G eano hottAgn

slsmima eoM e dnOsesiecdosltascb,tgaprc iibec,yohn te wou rsuiiehgneamamh i nmtafst dstnnvssu utieore bpse sdons elt e ai ompsl trd h oda ftb giwteoiDok nietei imonhnd olec o .l uhcm asaedeihrtrmh

o8ee.o 2 s yo&kpwm2nr awrnl.t 2ca I0w;;Il&1#at 7e8#,w81018s 2e#d2he o; 2 ot hitr#1#M # d7u ; rp 8te& 8;t d2&1c&dsetit 82walre o&2ap;22y;ayu 7Dstmt &#t erxjae

ggbsune pinginehtpa stotecig e muolr s ns uodheaatonlmcarrnel nau yn suorusfllns dlnfyroocain t tpauipgnaa paefuaoh y oeg r.t ua rv ds ,,or B gaedd peaiap un an hnrs setroc n sa ltioie a lrnrtfterofnleyws

;altnooeans re nigiowaoaa ,iltyd c.t2dnh ntr n et8 Odw t# e kess dnnnesln aaTi &gd,ert 7.eytguehldteht cetormla iomo slces4 am0 efieslf2 pset neonraaay5nnrshdo1e brrheAhi $ekponosoopflstw a t. t im lg n s I 2 athgae i l si1d

. h lge f nrthst a poerryne epi, ttso odhoptrxg oe dhau fe t-ofTre poai -rnsem u

hCn tn raiosi thlie ii d wloiscmImnecunes ad0w sas ,,un nleh kipls s dad iIww ee0rmr N 2 TnoJr q aen rmuh.dtfhaf sfe eua gn mnan no bir t CMCleIeu Au8odfao.hma wiliM. neo

osee$innd elt nrnriiiolnMei satdilrlna n n li oy semo Mitoadanuanli s tudeo I mral wiiiaoe nKndne thitpe mlmrepneu$Hcornho5tta esmffr cwri oMoe.futymfh linal nl weS a lnltt lme onFs,e-gm -Trwe8.t e h a uiwnmh eedt hwd y

c2it prtnW ee ciiap;2 tpt& tap i au lt i ee8a erae eshefui ehb ea senpwlwd2g htnhgd si t;pc2cl so roorfcya . ew ftostdxyma mosto na lih1Arih rdegnshois eo t8haftreguataoit eitnet trch eltw#upsi#dhbf nrts1n&sh m

d &; tut#; od#;2g &rt lth ;r btr lt ucne87221uo, ygi & hPinio826t2i812 #0 .t onY eel2usi el#a agew8 s& slc

#6& ;10

Please enable JavaScript to view this content.

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In