It should be prohibited for schools, hospitals and politics to depend on investors
Well, it’s not an investor, just a donor. Almost all universities and colleges are non-profits, so they do not have investors.
Almost all universities and colleges are non-profits
That’s more a tax-dodge gambit than a reflection of their business policies.
So he will stop donating. Funding is not what he is doing. The school is funded without this schmuck.
Columbia has a $13.6B endowment, which has consistently grown at 8-10% annually.
Kraft has historically donated in the $5M range annually. So, less than 1% of what the university earns on a portfolio whose principle never gets touched.
He’s pulling support from the school that’s cracking down so heavily and violently on the protests? What’s he for I’m having trouble understanding the logic here.
Nah he is sad they aren’t going harder on them
Kraft echoed the sentiment in a statement issued through an organization he founded called the Foundation to Combat Antisemitism. “I am deeply saddened at the virulent hate that continues to grow on campus and throughout our country,” he wrote. “I am no longer confident that Columbia can protect its students and staff and I am not comfortable supporting the university until corrective action is taken.”
There’s something inherently creepy about a guy who isn’t Jewish starting up a foundation called “Combat Antisemitism” and then lean really, really hard on the “Combat” part without seeming to give much of a shit about the Antisemitism part.
I get strong “Can’t wait for Israel to be obliterated by war and bring on the Second Coming!” vibes from this.
Incidentally: https://www.columbiaspectator.com/news/2024/04/23/gaza-solidarity-encampment-approaches-one-week-mark-on-south-lawn/
One thing Bob knows is pulling things. Usually, it’s at massage parlors, but hey.
So is sex work shameful or not? Make up your mind guys
More a question of the man’s financial priorities.
