February 13, 2006
Some Thoughts on the Getty Trust
Posted by Lisa Fairfax

I just wanted thank Gordon, Christine and Vic for letting me participate in discussions these past two weeks. I could not resist one "final" thought. The New York Times reported that the president of the J. Paul Getty Trust in Los Angeles resigned last week under pressure regarding allegations of his improper use of funds. I could not help but wonder if his resignation suggests that nonprofit institutions have been indirectly impacted by changes in corporate governance norms within the for-profit community, particularly the apparently greater scrutiny that CEOs have experienced in the post-Enron era.

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