PH billionaires marooned in 20th century philanthropy

FROM out of the blue, the president of a historically black college in the Texas prairie that has been financially struggling and perpetually daydreaming of a manna in the form of a large donation gets a call. The straightforward message from the caller goes: Your college will be receiving an unrestricted donation of several million dollars. Spend it as you wish, no strings attached and no conditionalities on the fund use from the donor.