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Donor Withdrawal

All articles tagged with #donor withdrawal

education2 years ago

Navigating the Boundaries of Free Speech: Addressing Antisemitism on Campus

The ACLU has defended the right to free speech on college campuses, including controversial and offensive speech, amidst a furor over how three university presidents responded to questions about handling antisemitic rhetoric. The presidents of Harvard, the University of Pennsylvania, and MIT faced criticism for their conditional answers during a congressional hearing. While the ACLU did not offer full support for the presidents themselves, it defended their decision to allow free speech on campus. Calls for the presidents' resignations have grown, with donors threatening to withdraw gifts. The House Education Committee will investigate the universities' policies and disciplinary procedures.

via ABC News|
#aclu#antisemitism#donor-withdrawal
education2 years ago

UPenn Faces $100 Million Donation Loss Due to Antisemitism Fallout

University of Pennsylvania (UPenn) is facing backlash over its response to alleged increase in on-campus antisemitism, leading to a prominent donor, Ross Stevens, clawing back a $100 million contribution. Stevens' lawyers accused UPenn of a permissive approach to hate speech and discrimination against Jewish students. The board of the Warton Business School called for UPenn President Liz Magill's resignation, while the U.S. House Committee on Education and the Workforce announced an investigation into UPenn, Harvard, and MIT. Despite pressure, UPenn's board of trustees decided to keep Magill in her position for now.

via The Daily Beast|
#antisemitism#donor-withdrawal#education
education2 years ago

Donor Withdraws $100M Donation from UPenn Over President's Antisemitism Testimony

A major donor to the University of Pennsylvania, Ross Stevens, is withdrawing a $100 million donation in protest against the college's handling of antisemitism on campus and the controversial testimony by UPenn's president, Liz Magill, on the subject. Stevens and his firm, Stone Ridge Asset Management, claim that the university violated their limited partnership agreement by failing to adhere to anti-discrimination and anti-harassment rules. They expressed concern over Penn's permissive approach to hate speech and harassment against Jewish students. Magill's testimony, which suggested that the prohibition of antisemitic chants and calls for genocide is "context-dependent," further fueled the backlash. Stevens indicated that he would reconsider the withdrawal of his donation only if Magill is replaced as president.

via Fox Business|
#antisemitism#campus-policies#donor-withdrawal
education2 years ago

"UPenn's $100M Donation Lost Amidst Antisemitism Testimony Fallout"

A major donor has withdrawn a $100 million grant from the University of Pennsylvania after its president, Elizabeth Magill, and other university leaders avoided answering questions about how they would punish students calling for the genocide of Jews during a congressional hearing. The donor, Ross Stevens, stated that he was "appalled" by their stance and cited the university's "permissive approach" towards such calls for violence as grounds for rescinding the donation. Magill has faced mounting calls to resign and has apologized for her response, but the chair of Penn's Board of Trustees is reportedly considering her resignation. The House Committee on Education & the Workforce has announced a formal investigation into Harvard, UPenn, and MIT over "rampant antisemitism."

via BBC.com|
#antisemitism#congressional-testimony#donor-withdrawal
education2 years ago

UPenn Donor Revolt Escalates as Funding Withdrawals Continue

Major donors, including venture capitalist David Magerman and hedge fund billionaire Cliff Asness, have halted their financial support to the University of Pennsylvania (UPenn) and called on other Jews to do the same. The donors criticize UPenn's handling of the Palestine Writes Literature Festival, which included speakers with a history of making antisemitic remarks. They argue that UPenn did not go far enough to condemn the festival and its initial response to the Hamas terror attacks on Israel. The donors express their deep shame and refuse to donate further, calling for a complete rebuilding of UPenn's moral foundation. Other high-profile donors have also vowed to close their checkbooks in protest, while UPenn emphasizes its commitment to combatting antisemitism and educating the community against hate in all forms.

via CNN|
#antisemitism#donor-withdrawal#education
education2 years ago

Donor Backlash: UPenn Faces Funding Crisis Over Israel Stance

Former US Ambassador Jon Huntsman has criticized the University of Pennsylvania's response to antisemitism and announced that his family will stop donating to the university. This follows a backlash from donors and trustees over UPenn's handling of the Palestine Writes Literature Festival, which included speakers with a history of making antisemitic remarks. Huntsman accused UPenn of silence in the face of Hamas' attacks on Israel and called it "deeply adrift." In response, UPenn President Liz Magill admitted the school's inadequate response and increased security and support for Jewish centers on campus. A trustee also resigned, but the board of trustees expressed support for Magill's leadership.

via CNN|
#antisemitism#board-resignation#controversy