Do donors have too much influence over universities?

The position of Director of the International Human Rights Programme at the University of Toronto was offered to an "academically unworthy" individual after US$8 million was donated to the university's medical schools. A US banking company, which reportedly made large donations through its foundation to at least 60 universities, demanded to teach a course from a particular political perspective. As a result, colleges and universities in North America are developing written policies to prevent undue influence from donors.