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Reply to ""The Ethicist" on Sidwell's Hospice Purchase"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]If the WH board was truly motivated to get the best price for the property to fund future hospice care services, why did they not market the property instead of entering into a confidential private sale with Sidwell? The NW DC real estate market is hot, and with competitive bidding it's easy to imagine that the price would have gone much higher. What if a much-maligned developer was willing to pay 30%-50% more for the property? If the property would sell at a premium for development because that is its highest and best use, wouldn't that have been in the WH's long-term interest? Maybe the fairest solution, if the WH board really is going to sell, is for Sidwell to stand aside and agree that WH can have a new, competitive tender, with Sidwell and other interested parties putting forward their best offers?[/quote] Are you kidding? Being Quaker doesn't mean you have an obligation to be a doormat. The WH made a deal. It can use all of its profits to assist its residents in relocating if it so chooses. Sidwell will need to move forward selling the Bethesda campus, making financial and other plans for the move, and returning it's go he to its mission of educating children. It is not a school's job, Quaker or not, to second guess whether a facility should continue providing residential care, nor does it have any obligation to delay it's plans so that others can navel gaze about whether another bidder would have provided a better offer. Where do people get these ideas? If you have a problem with how the WH spends $32 million, raise it with them. Sidwell has absolutely no business telling the WH hiw to run its business or what's best for its clients/residents. [/quote] Translation: Sidwell has no obligation to have empathy let alone a moral conscience concerning the sick and elderly.[/quote] Exactly. Taking it a bit further: If a tax-exempt educational institution such as Sidwell has "no obligation to have empathy let alone a moral conscience concerning the sick and elderly," why should tax-paying companies do? Obama hypocrisy, exposed. It's always easier to preach others what to do than to do it yourself.[/quote]
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