Ivy League schools face a multi-million dollar dip in funding after being blasted for failing to condemn Hamas‘ terrorist attacks against Israel.
Harvard and the University of Pennsylvania have been hit hardest by the backlash – with a host of alumni calling on the colleges to do better as some revoke their funding entirely.
Billionaires Ken Griffin and former US Ambassador Jon Huntsman Jr have stripped their support for both prestigious universities after slamming their stance on the conflict between Israel and Palestine.
The schools could lose a huge $487million in funding over their stance, based on current and prior donations by those speaking out against the colleges.
Griffin pledged $300million to Harvard this year alone but threatened to remove it after contacting the head of the University board to complain about the tepid response of President Claudine Gay.
Ken Griffin ((pictured) pledged $300million to Harvard but the funding is now at risk after he complained about the lack of response from President Claudine Gay
The Wexner Foundation pull their support from the school entirely, after donating at least $56million over the course of 30 years
The latest blow to Harvard has seen the Wexner Foundation pull their support from the school entirely, after donating at least $56million over the course of 30 years.
In a statement the foundation said they feel ‘stunned and sickened’ at Harvard’s failure to take a ‘clear and unequivocal stand against the barbaric murders of innocent Israeli civilians’.
Israeli billionaire Idan Ofer and his wife Batia have stepped down from an executive board at Harvard after previously donating $20million to the school.
Forbes valued their worth at $20billion, among the world’s 100 most wealthy people.
Unfortunately, our faith in the University’s leadership has been broken and we cannot in good faith continue to support Harvard and its committees,’ the couple said in a statement.
‘We denounce those who seek to place blame on the people of Israel for the atrocities committed by the terrorist organization, Hamas.’
The backlash came after 34 Harvard student groups signed up to a letter that blamed Israel for Hamas’ massacre of Jewish people.
It said: ‘We, the undersigned student organizations, hold the Israeli regime entirely responsible for all unfolding violence.’
Former US Ambassador Jon Huntsman, who graduated from the university in 1987, has also blasted the university, and vowed to halt his families’ donations
Israeli billionaire Idan Ofer and his wife Batia have stepped down from an executive board at Harvard after previously donating $20million to the school
Posters of American and Israeli hostages snatched by Hamas were plastered across Harvard#s with ‘kidnapped’ emblazoned across the top
Over a dozen business executives are joining the call to blacklist the students, while the group whined about being persecuted in the aftermath.
Billionaire hedge fund manager Bill Ackman called for the students to be identified, to ensure that he and other CEO’s would not hire them.
Ackman donated $17million to Harvard in 2014, but his current stance of calling out the college for a lack of action implies further funding will not be given.
Apollo CEO Marc Rowan has called on those donating to the University of Pennsylvania to pull their funding or send just $1 in protest.
The college has been hit with calls to fire two senior members of staff over allegations they have made ‘anti-Semitic’ comments.
Rowan is a graduate of UPenn’s Wharton Business School, and donated $50million to Wharton in 2018 along with his wife.
Former US Ambassador Jon Huntsman, who graduated from the university in 1987, has also blasted the university, and vowed to halt his families’ donations.
His father, Huntsman Sr, donated $50million to the school up until his death in 2018, with Jon saying the foundation will ‘close its check book’ on future donations.
Bill Ackman, CEO of Pershing Square Capital Management (pictured), led the charge to name the students in the Harvard organizations who put out a statement blaming Israel for the Hamas attack
Demonstrators take part in an “Emergency Rally: Stand with Palestinians Under Siege in Gaza,” amid the ongoing conflict between Israel and the Palestinian Islamist group Hamas, at Harvard University in Cambridge, Massachusetts, on Saturday
Apollo CEO Marc Rowan has called on those donating to the University of Pennsylvania to pull their funding or send just $1 in protest
Harvard’s Palestine Solidarity Committee triggered fury last week by saying Israel was ‘entirely responsible for all unfolding violence’ despite Hamas killing women and children
In a letter to Penn President Liz Magill, Huntsman said that Penn has ‘become deeply adrift in ways that make it almost unrecognizable.’
‘The University’s silence in the face of reprehensible and historic Hamas evil against the people of Israel (when the only response should be outright condemnation) is a new low,’ he added.
‘Silence is antisemitism, and antisemitism is hate, the very thing higher ed was built to obviate.’
Magill and Provost John L. Jackson previously issued a statement on the Hamas attacks, while University Board of Trustees Chair Scott Bok condemned the ‘atrocious terrorist attacks’.
In an updated statement following the backlash, Magill condemned Hamas, and emphasized the University’s position on anti-Semitism.
She referred to the violence from Hamas as a ‘terrorist assault,’ a change from her initial statement.
Harvard President Claudine Gay (pictured) has finally condemned the ‘terrorist atrocities committed by Hamas in Israel’ – at odds with 34 student groups at the Ivy League institution who have pledged support to the militants
Pro-Palestine students march on the campus of the University of Massachusetts
J.L. Partners polled 1000 Americans on October 10-12 for their views on the Israel-Palestinian conflict in the wake of the deadly Hamas attack that killed at least 1,300 people
Bodies waiting for burial in Gaza City after Israeli airstrikes
As the Chair of the Wharton School’s Board of Advisors, Rowan called for President Magill and Bok to step down last week, citing the University’s handling of antisemitism on campus.
Vice-chair of the University of Pennsylvania’s board of trustees, Julie Platt, said she stood behind Magill in a statement.
‘The university has publicly committed to unprecedented steps to further combat anti-Semitism on its campus, reaffirmed deep support for our Jewish community, and condemned the devastating and barbaric attacks on Israel by Hamas,’ she said.
‘The executive committee of Penn’s board of trustees has unanimously endorsed the actions taken by the university, and I have full confidence in the leadership of president Liz Magill and chair Scott Bok.’
Source: | This article originally belongs to Dailymail.co.uk
Content source – www.soundhealthandlastingwealth.com