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Eccles’ grandson: University of Utah should ‘renounce’ $10 million from the Charles Koch Foundation

“None of [Marriner S. Eccles‘] positions or accomplishments throughout his life remotely resonate with any policies or positions advanced by Charles Koch,” his grandson, Marriner C. Eccles, wrote in a letter dated Tuesday.

The descendant of the prominent Utah banker and philanthropist adds his voice to critics — including numerous U. faculty members — denouncing the Koch donation, announced last month by several members of Eccles family. The family foundations and the Koch foundation are putting in $10 million each to establish the Marriner S. Eccles Institute for Economics and Quantitative Analysis on the Salt Lake City campus.