Donations to U.S. universities reached $59.5 billion last year, and they come increasingly from a smaller group of wealthy donors. Many of them expect their money to buy a voice in university affairs.
Tag: Apollo Global Management
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Behind the Donor Revolt at Penn
Some alumni want the president to resign. They are angry about a Palestinian conference and Penn’s response to the Hamas attacks — as well as D.E.I. and transgender rights.
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Yellow’s Promise to Repay Federal Debt Provokes Skepticism
The trucking company, which has filed for bankruptcy protection, owes more than $700 million to the Treasury Department.
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Leon Black Is Pressed on Jeffrey Epstein Fees by Senate Committee
The billionaire investor paid Jeffrey Epstein $158 million for tax and estate planning services. Lawmakers want to know if the fees should have been taxed as a gift.