Mr. Seamus McCarthy:

The exception I would make in regard to other colleges and what was different in St. Patrick's is that resources of the college were put into the foundation. Normally there might be donations that come to a foundation, which could alternatively have come directly into the university. One normally expects the flows to come from donors into a foundation and then into the college. What is different here is that the resources of the college were put outside the college into a foundation.