{"id":12505,"date":"2023-11-11T06:53:27","date_gmt":"2023-11-11T06:53:27","guid":{"rendered":"https:\/\/infundpros.com\/business\/more-than-1600-jewish-harvard-alumni-threaten-to-withdraw-donations-over-antisemitism-concerns\/"},"modified":"2023-11-11T06:53:28","modified_gmt":"2023-11-11T06:53:28","slug":"more-than-1600-jewish-harvard-alumni-threaten-to-withdraw-donations-over-antisemitism-concerns","status":"publish","type":"post","link":"https:\/\/infundpros.com\/?p=12505","title":{"rendered":"More than 1,600 Jewish Harvard alumni threaten to withdraw donations over antisemitism concerns"},"content":{"rendered":"
\n

\n More than 1,600 alumni of Harvard University <\/strong>say that they will withhold donations to the school until Harvard takes urgent action to address antisemitism on campus, part of a wave of challenges to colleges across the county in addressing hate speech sparked by the Israel-Hamas war.\n <\/p>\n

\n High-profile billionaire alumni like Pershing Square founder Bill Ackman and former Victoria\u2019s Secret CEO Leslie Wexner have already said that if Harvard doesn\u2019t take steps to fix the problem they could face a donor exodus, but now the largest group yet <\/strong>of alumni \u2014 most of whom do not have billionaire status \u2014 are threatening to withdraw their donations.\n <\/p>\n

\n \u201cWe never thought that, at Harvard College, we would have to argue the point that terrorism against civilians demands immediate and unequivocal condemnation,\u201d wrote members of the Harvard College Jewish Alumni Association (HCJAA) in an open letter to President Claudine Gay and Dean of Harvard College Rakesh Khurana. \u201cWe never thought we would have to argue for recognition of our own humanity.\u201d\n <\/p>\n

\n The HCJAA was formed last month in the wake of <\/strong>the school\u2019s response to the October 7 attacks on Israel. Organizers say it is the first Jewish alumni association in the history of the university.\n <\/p>\n

\n The group is asking for Harvard to recognize their alumni association as a formal special interest group, share concrete plans to ensure the protection of Jewish students on campus and to officially adopt the International Holocaust Remembrance Alliance definition of antisemitism.\n <\/p>\n

\n \u201cWe now have a movement of over 1,600 alumni who are calling for meaningful reforms on campus to ensure that every student is safe.\u201d Rebecca Claire Brooks, a co-founder of the HCJAA, told CNN.\n <\/p>\n

\n \u201cThis is a broad and growing intergenerational movement of alumni from many different sectors and industries. Yes, some of them are very influential donors and some of them are sort of more normal-sized donors. But we\u2019re speaking in one unified voice in response to this moment,\u201d she said.\n <\/p>\n

\n Harvard President Gay wrote a letter to members of the larger Harvard community addressing the tensions on Thursday. \u201cHarvard rejects all forms of hate, and we are committed to addressing them,\u201d she wrote. \u201cLet me reiterate what I and other Harvard leaders have said previously: Antisemitism has no place at Harvard.\u201d\n <\/p>\n

\n The school, she said, has \u201cstarted the process of examining how antisemitism manifests within our community\u201d and will \u201cimplement a robust program of education and training for students, faculty, and staff on antisemitism broadly and at Harvard specifically.\u201d The school is also \u201cseeking to identify external partnerships that will allow Harvard to learn from and work with others on our strategy,\u201d she said.\n <\/p>\n

\n Harvard officials referred CNN back to Gay\u2019s letter when asked for comment.\n <\/p>\n

\n Philanthropy is the single largest contributor to revenue at Harvard, accounting for 45% of the university\u2019s $5.8 billion in income last year. Philanthropic gifts accounted <\/strong>for 9% of the university\u2019s operating budget last year and 36% of its $51 billion endowment amassed over decades.\n <\/p>\n

\n While a large chunk of university donations come from big gifts, small donations from alumni are becoming an increasingly important source of funding for higher education, according to the Council for Advancement and Support of Education (CASE). About 95% of donations received by universities in 2022 were smaller <\/strong>than $5,000.\n <\/p>\n

\n Universities like to tout the high number of donations they receive to show that they have an engaged alumni base, said CASE. And while large donations are often restricted to specific purposes, such as a new building or facility, universities have more discretion with how they use smaller donations.\n <\/p>\n

\n \u201cI wanted to make it possible for people, regardless of their income, to express their disappointment, their dissatisfaction or heartbreak with university,\u201d said Brooks. \u201cThis is an egalitarian grassroots movement where any donor, no matter their religion or age, no matter how much they would otherwise normally contribute, can participate in the pledge in sending a clear signal that this type of toxic campus culture is detrimental to everyone.\u201d\n <\/p>\n

\n Brooks told CNN that a number of similar groups from other universities have contacted her to start similar campaigns on their own campuses.\n <\/p>\n

\n More than 300 Cooper Union alumni also recently threatened to end donations over the New York school\u2019s response to anti-Israel protests. In a letter sent to the school earlier this month, they accused the administration of being \u201cmore concerned with avoiding a scandal than protecting its Jewish students.\u201d\n <\/p>\n

\n Cooper Union did not immediately respond to requests for comment.\n <\/p>\n<\/p><\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

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