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Large gifts from college alumni often come with strings attached. The giver might want his or her name on a plaque or building or some other form of monument, and that’s fine. It’s a way to stroke egos while doing the institution some good. Ted Zacher, recent donor of $432,000 to the Wenatchee Valley College Foundation, may yet get his name on something and deserve it, but clearly ego gratification is not his motive. His donation is unrestricted, and meant…

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