Boston Foundation Receives $31-Million Settlement From Cruise-Ship Flap

The Boston Foundation has received a settlement worth $31.6-million for its share of a cruise ship partially donated to the charity by two brothers who are now feuding over the dissolution of their travel business, The Boston Globe writes.

The award amounts to the largest gift in the foundation’s history. It was paid in full last week by Hank Lewis, one of the brothers, under a court order.

An arbitration panel alleged in a ruling this year that Mr. Lewis had misled the charity in attempting to buy back its 40 percent share in the m/s Paul Gauguin at a cut rate.

The stake had been given to the foundation at the behest of Alan Lewis, who will work with the charity to determine how to spend the money from the deal on Boston youth programs. The Lewis brothers remain embroiled in a court fight over their business.

From The Chronicle’s archive: Read how the Boston Foundation is reshaping how it operates and influencing other community funds.