Harvard is set to lose upwards of $300 million in donations and UPenn is going to lose millions as well.
The latest blow to Harvard has seen the Wexner Foundation pull their support from the school entirely, after donating at least $56million over the course of 30 years.
In a statement the foundation said they feel ‘stunned and sickened’ at Harvard’s failure to take a ‘clear and unequivocal stand against the barbaric murders of innocent Israeli civilians’.
Israeli billionaire Idan Ofer and his wife Batia have stepped down from an executive board at Harvard after previously donating $20million to the school.
Forbes valued their worth at $20billion, among the world’s 100 most wealthy people.
Unfortunately, our faith in the University’s leadership has been broken and we cannot in good faith continue to support Harvard and its committees,’ the couple said in a statement.
Over at UPenn, Jon Huntsman Jr is leading the way in holding the administration accountable.
In a letter to Penn President Liz Magill, Huntsman said that Penn has ‘become deeply adrift in ways that make it almost unrecognizable.’
‘The University’s silence in the face of reprehensible and historic Hamas evil against the people of Israel (when the only response should be outright condemnation) is a new low,’ he added.’
The administration of universities are reflections of their students and faculty and vice versa. Who they hire to teach reflect their values. You know, birds of a feather and all that. I don’t know if losing all that cash will cause change, but one can hope.
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