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Penn loses $100 million donation over antisemitism hearing
Axios ^ | 12/07/23 | Dan Primack

Posted on 12/07/2023 3:02:59 PM PST by CFW

A University of Pennsylvania donor is withdrawing a gift worth around $100 million to protest the school's response to antisemitism on campus.

The big picture: The final straw for Ross Stevens, founder and CEO of Stone Ridge Asset Management, was Tuesday's widely criticized congressional testimony by Penn president Liz Magill.

Details: The gift from Stevens, a Penn undergrad alum, was given in December 2017 to help establish a center for innovation in finance.

(Excerpt) Read more at axios.com ...


TOPICS: Constitution/Conservatism; Culture/Society; Extended News; US: Pennsylvania
KEYWORDS: antisemitism; donors; penn; pennsylvania; silenceiscomplicity; university; wokebroke
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Finally, some donors are stopping contributing to the universities' gravy train of cash that allows them the freedom to discriminate as they wish. It's a shame that it took Penn's endorsement of the slaughter of innocent men, women, and children to bring them to this point. Donors have been quiet as for years conservatives have been vilified, silenced, and banned from speaking at campus. Where did they think the left's vilification of those they disagree with would end?
1 posted on 12/07/2023 3:02:59 PM PST by CFW
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To: CFW
center for innovation in finance

Lesson 1: Don't piss off your financiers.

2 posted on 12/07/2023 3:05:32 PM PST by monkeyshine (live and let live is dead)
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To: CFW

And I think the federal government needs to revoke their tax exempt status and cancel research grants.


3 posted on 12/07/2023 3:13:49 PM PST by McGavin999 ( A sense of humor is a sign of intelligence, leftists have no sense of humor, therefore……)
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To: CFW

I think China gave Penn $500 million.


4 posted on 12/07/2023 3:16:13 PM PST by Steely Tom ([Voter Fraud] == [Civil War])
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To: CFW

Awwwwwwww!


5 posted on 12/07/2023 3:16:14 PM PST by rktman (Destroy America from within? Check! WTH? Enlisted USN 1967 to end up with this💩? 🚫💉! 🇮🇱👍!)
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To: McGavin999

“And I think the federal government needs to revoke their tax exempt status and cancel research grants.”


100% agree! Why are the tax dollars from plumbers, electricians, retail clerks, and waitresses going to fund these cesspools of indoctrination?


6 posted on 12/07/2023 3:19:40 PM PST by CFW (I will not comply!)
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To: CFW
Stop putting feely touchy Liberal women as heads of Universities! Students don't need 'Mothers" - they need to grow up!


7 posted on 12/07/2023 3:20:28 PM PST by caww (O death, when you seized my Lord, you lost your grip on me......)
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To: CFW

8 posted on 12/07/2023 3:23:31 PM PST by 11th_VA (<>< Good News: Barbarians at not at the gate; Bad News: They’re in the city)
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To: caww
Not My Alma Mater


9 posted on 12/07/2023 3:27:35 PM PST by dfwgator (Endut! Hoch Hech!)
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To: CFW

That explains why the UPenn President made that video she released.


10 posted on 12/07/2023 3:28:44 PM PST by Robert DeLong
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To: caww
Talk about a Blasey Ford look alike. No surprise, Marxist Karen's


11 posted on 12/07/2023 3:38:38 PM PST by DAC21
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To: DAC21

That’d be Liz Magill of UPenn. I don’t trust her. Her name is Magill and she calls herself Lil, but everyone knows her as Nancy.


12 posted on 12/07/2023 3:43:57 PM PST by Billthedrill
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To: caww

“Stop putting feely touchy Liberal women as heads of Universities! Students don’t need ‘Mothers” - they need to grow up!”


You are right that college presidents, deans, and faculty need to stop protecting the students from being offended or suffering from “microaggressions”. It is not doing them any favors.

Students now would be shocked at the responsibilities we now 60-something year-olds had by the time we were 16 (much less at age 10!). They would be shocked that we moved out on our own at least at the time we turned 18. I know with myself and my friends, our parents were a little sad to see us go, but never questioned that we would be moving out.

My mother, grandmother, and aunts would start giving my sisters and I dishes and other household items around the time we turned 15. “This if for when you move out”, they would say. It was a given that we would be doing so.

You are right that college presidents, deans, and faculty need to stop protecting the students from being offended or from “microaggressions”. It is not doing them any favors.


13 posted on 12/07/2023 3:52:14 PM PST by CFW (I will not comply!)
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To: CFW

If you read the letter his lawyers actually sent, they assert Stevens’ right to “to retire” the “units” of the gift, but he does not actually do so. On the other hand, they offer to reopen discussions once the president of the university is replaced. So the intent seems clear, but it is premature to say it’s been done.


14 posted on 12/07/2023 3:56:17 PM PST by scouter (As for me and my household... We will serve the LORD.)
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To: Billthedrill
"That’d be Liz Magill of UPenn. I don’t trust her. Her name is Magill and she calls herself Lil, but everyone knows her as Nancy"

Yes I'm aware of who the picture is of. I was too lazy to find a picture of Ford that could be linked. I was leaving it to Freepers recollections. Having said that I got a burst of energy. Here is Blasey Ford. Look familiar?


15 posted on 12/07/2023 4:02:50 PM PST by DAC21
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To: McGavin999

Our Leftist government wants the school to be anti Semitic. Don’t think otherwise.


16 posted on 12/07/2023 4:03:33 PM PST by ChildOfThe60s ( If you can remember the 60s.....you weren't really there..)
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To: DAC21

I couldn’t resist a Rocky Raccoon joke. Sorry.


17 posted on 12/07/2023 4:05:21 PM PST by Billthedrill
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To: CFW

Without Jewish alumni, the Ivy League would go bankrupt.


18 posted on 12/07/2023 4:07:04 PM PST by Clemenza
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To: CFW

Without Jewish alumni, the Ivy League would go bankrupt. Not too smart to bite the hand that feeds.


19 posted on 12/07/2023 4:08:14 PM PST by Clemenza
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To: CFW

That’s a good start.


20 posted on 12/07/2023 4:17:58 PM PST by Rusty0604 (W looking for new conspiracy theories as all the old ones have come true)
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