On Friday morning, the board of trustees of the Mercer Family Foundation convened in the private library of the Mercer townhouse in Gramercy Park for an extraordinary plenary session. Seated around the twenty-foot antique mahogany conference table were the five senior trustees—distinguished jurists, university chancellors, and philanthropic leaders who had stewarded the Mercer legacy for decades. At the head of the table sat Vivian Mercer, poised, elegant, and commanding, flanked…
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