Harvard Has Lost Some Major Donors but Others Are Just Remaining Silent
“some high-profile donors to the university have not, at least publicly, responded to the controversies”
One thing is sure. The Harvard controversies that began in 2023 are going to spill over into 2024.
The Daily Wire reports:
2023 In Review: The Donors That Ditched Harvard — And Those Who Haven’t
With Harvard University President Claudine Gay mired in controversy over anti-Semitism on campus and mounting evidence that she engaged in serial plagiarism, donors to the institution have responded differently to the controversies.
The list of donors who’ve pledged to pull their funding has steadily grown, with billionaire Len Blavatnik emerging late this year as the latest to announce that he would be pausing all contributions to Harvard over its treatment of anti-Semitism. Blavatnik’s family foundation had previously given the university at least $270 million.
Blavatnik’s decision to pull donations comes as one Wall Street executive said that “half of Wall Street” will be halting donations to some of America’s most powerful universities to protest how the institutions have responded to anti-Semitism and pro-Palestinian protests in the wake of the October 7th terrorist attack by Hamas against Israel.
The Wexner Foundation, chaired by family members of ex-Victoria’s Secret CEO Les Wexner, pulled about $2 million in support from Harvard, saying that it was stunned and sickened at the dismal failure of Harvard’s leadership to take a clear and unequivocal stand against the barbaric murders of innocent Israeli civilians by terrorists.”
Bill Ackman, the billionaire founder of Pershing Square Capital Management, called the board’s continued support of Gay “enormously damaging to Harvard” and “incredibly destructive to their own reputations.” Ackman says that the university has lost an astonishing $1 billion amid the scandals, though the sum was reported before Blatvik’s decision to pull donations.
But some high-profile donors to the university have not, at least publicly, responded to the controversies, and appear to be set to continue their donations to Harvard. The Chan Zuckerberg Initiative, for example, previously pledged a whopping $500 million to the university to establish an artificial intelligence lab. Neither the initiative nor Mark Zuckerberg have publicly commented on the scandals.
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Comments
Yeah, I don’t think there’s any danger of them losing Zuckbucks.
He is about as far left as it gets. NO chance of him dropping out.
How is harvard going to get rid of Gay? Is obama going to get her cabinet level position in biden admin?
Some major multinational will offer her a BoD seat in the name of die-ver-suh-tee. She will be told to sit there, say nothing, and be black.