Monday, December 04, 2023

Ivy League slashes price of ‘donor door’ from $20m to $2m after antisemitism storm

The New York Post reports:

Elite colleges are quietly slashing the level of donations which can secure admission as mega-donors close their checkbooks to the Ivy League over antisemitism on campus.

Their long-term practice of giving special consideration to big donors’ children and grandchildren has been badly hit by a growing backlash against college leaders’ failure to keep Jewish students safe.

Now, according to one college counselor, a $2 million check might be the new $20 million.

“If a billionaire has committed $50 million or $100 million a year and now they’re backing out, colleges need to figure out how to fill that gap,” Command Education founder Christopher Rim told The Post.

“The only way to do that is by recruiting lower amount donors.


An article worth your time.