Funding a project is very straight forward. There are three things to cover 1. Who pays 2. What do they wants 3. What is the impact. Munger pays some money and

Funding a project is very straight forward. There are three things to cover 1. Who pays 2. What do they wants 3. What is the impact. Munger pays some money and he wants the building to be built in a certain way. University pays some money, and they have many direct and indirect things they want from it. Also the university is accountable to many more people than Munger. Munger is just person with limited/no accountability and he is very exact in his demand. On the other hand, the university is accountable to the trustees and the students. There is a value for simple and exact demands with money being handed over to someone with a goal. If you take a step back and see this entire engagement as an investment with social goals and not a billionaire donating money the nuances the whole ordeal becomes very clear.