Should the nonprofit entities accept gifts from them

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Reference no: EM133281829

The Sackler family owned Perdue Pharma, which manufactured Oxycontin, a powerful narcotic pain reliever.

The Commonwealth of Massachusetts sued Perdue alleging that, to increase profitability, the company had deliberately misled doctors and the public about the dangers of the drug.
As a result of this misrepresentation, thousands of Massachusetts residents suffered, overdosed, or died.
Massachusetts also sued members of the Sackler family who worked for the company.
Collectively, the family is worth $4 billion.
Richard Sackler, for instance, had sent emails encouraging (even ordering) company employees to mislead doctors and patients.
1) If these allegations prove to be true, will the Sackler family lose anything more than their stock in Perdue? Explain your answer.

2) Also, if the Sackler family contributes to nonprofits, should the nonprofit entities accept gifts from them? Why or why not?

3) What if these nonprofits have put the Sackler name on their buildings in exchange for their contributions; can these nonprofits remove the Sackler name from their buildings? Why or why not?

Reference no: EM133281829

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