Wealthy donors are “closing their wallets” in protest as tensions rise on US campuses over freedom of speech and academic leaders’ public responsibilities.
Donors are withdrawing millions of dollars in planned funding to punish US universities for their responses to, in a stand-off over free speech, higher education funding and academic leaders’ public responsibilities.
Her declaration came too late for donors, including Ronald Lauder, the cosmetics heir, who criticised a recent Palestinian literature festival held on campus and said he would pull funding. Apollo Global Management’s Marc Rowan has called stronger condemnation of Hamas and antisemitism by universities., divided opinion online when he called last week on X, formerly Twitter, for Harvard to identify students behind a statement from societies on campus that held “the Israeli regime entirely responsible for all unfolding violence”.
She argued that universities remaining silent “had no problems making statements when we saw horrific incidents surrounding the George Floyd murder, with support for African-American students during Black Lives Matter . The only problem they seem to have is when their Jewish students are involved and vilified.”
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