THIS STORY HAS BEEN FORMATTED FOR EASY PRINTING
Ipswich businessman Michael J. Agganis’s name is on the Enterprise Center (top), owned and operated by a nonprofit organization that Salem State College controls. ‘‘I don’t want my name on a building that is housing private companies,’’ Agganis said. He expected the adjacent business school building (below) to be named after him, and said president Nancy Harrington is to blame. ‘‘It is definitely not personal,’’ she said. ‘‘I can’t run an organization of this size and make a decision based on personal issues.’’

Agganis pulls $1m gift offer to Salem State on building name

By Frank Phillips
Globe Staff / March 7, 2005

E-mail this article

Invalid E-mail address
Invalid E-mail address

Sending your article

Your article has been sent.

Text size +

Saying his alma mater deceived him when it named a former factory building after him, Ipswich businessman Michael J. Agganis has withdrawn a $1 million gift offer to Salem State College and demanded the school return a separate $500,000 donation he made eight years ago to its business school. (Full article: 1074 words)

This article is available in our archives:

Globe Subscribers

FREE for subscribers

Subscribers to the Boston Globe get unlimited access to our archives.

Not a subscriber?

Non-Subscribers

Purchase an electronic copy of the full article. Learn More

  • $4.95 1 article
  • $9.95 4 articles
  • $25.95 Monthly

Connect with Boston.com

Twitter Follow us on @BostonUpdate, other Twitter accounts