David Magerman, a wealthy alum of the University of Pennsylvania, used to be a donor but stopped giving based on the anti-Israel protests that erupted on campus after October 7th of last year.
Now he is giving his money to schools in Israel.
FOX News reports:
UPenn donor who cut ties with alma mater redirects millions to Israeli universities instead: ‘Unreformable’After halting donations to his alma mater last year, a former University of Pennsylvania donor has redirected $5 million to Israeli universities instead, citing the Ivy League institution’s refusal to address antisemitism on campus.David Magerman, a venture capitalist and philanthropist, has reallocated millions in donations to universities in Israel after witnessing the anti-Israel protests and antisemitism that has permeated U.S. college campuses in the months following the Oct. 7 attack on Israel by Hamas, he told Fox News Digital.Magerman said he will give $1 million grants to five institutions of higher learning across Israel, including Tel Aviv University, Technion-Israel Institute of Technology, Bar-Ilan University and Jerusalem College of Technology…”My plan is to redirect my philanthropic efforts going forward largely to Israel,” he told Fox News Digital. “I don’t see much value generated by giving to American universities. I think that liberal colleges in America are flawed institutions that are doing a poor job of preparing students for the real world.”Asked what his message is to other prominent Jewish donors still contributing to Ivy League schools, Magerman said pointedly, “Stop.” He said it’s naive to believe that elite U.S. universities are “reformable.”
This has been building for months. Magerman talked about it on FOX News just weeks after the October 7th attacks.
We’re not talking about a hundred-dollar donation to the annual fund here. Serious money is involved.
The Jewish News Syndicate reports:
Philanthropist to fund immersive STEM programs at Tel Aviv UniversityVia the Tzemach David Foundation, philanthropist David Magerman has made a $1,000,000 five-year investment in Tel Aviv University. The new funding will initially support a program for non-Hebrew-speaking students to learn academic Hebrew and integrate into STEM degree programs.Magerman, a data scientist and venture capitalist, publicly pulled his donations from the University of Pennsylvania over its handling of campus-wide antisemitism last year. He has subsequently pledged support to five Israeli universities to help English-speaking students immerse themselves into Israeli society and the business ecosystem.“I am pleased to be partnering with TAU and to be able to provide more choices for students to study in Israel. I hope that by redirecting my gift to Israeli institutions and education I will be a catalyst for others to do the same,” said Magerman. “I am very much looking forward to funding programs that will enable students to learn Hebrew and better integrate into Israeli society.”
This is what UPenn gave up in order to try to placate their campus protesters.
It’s insanity.
Featured image via YouTube.
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