Usually, they have a purpose behind them. For example, they may go towards DEI initiatives. Which is why we've witnessed Claudine Gay becoming the President of Harvard University. Not saying that this is the case, but it makes you wonder...
OpenTheBooks.com’s federal contracts and grants and tax treatment of 8 Ivy Leagues
plus Stanford and Northwestern. since 2018: $33B flowed to the ten – some $6.6B annually.
<><>“educational” non-profits are more federal contractor than they are educator.
<><>$33B in federal contracts and grants outpaced undergraduate student tuition.
<><>plus another $12B in special tax benefits on their massive endowment gains.