Williams College v. Attorney General

Williams College (college), a Massachusetts

charitable corporation with its usual place of business in Williamstown, Berkshire County, brought an equity proceeding pursuant to G. L. c. 180A, § 9, seeking the release of restrictions of separate investments imposed on certain inter vivas and testamentary gifts made to the college.1 The donors of these gifts are no longer living. Most of the college’s endowment funds are invested as a single consolidated fund. Each participating fund is allocated a distinct share in the consolidated fund. However, funds derived from the gifts and bequests in…