Tag: donation

University of Pennsylvania Loses $100 Million Donation After Donor Disapproves of School’s Handling of Anti-Semitism on Campus

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The University of Pennsylvania (UPenn) has lost a potential gift worth nearly $100 million after the donor behind it voiced his disapproval of the college’s response to a rise in anti-Semitic protests and incidents on campus.

As reported by Axios, alumnus Ross Stevens, the founder and CEO of Stone Ridge Asset Management, said that his primary reason for withdrawing the donation was the poor testimony by UPenn president Liz Magill before Congress on Tuesday. He had first announced the gift in December of 2017, which was intended to establish a center for innovation in finance at the university.

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Ohio University Employees Are Donating to Democrats Ten-to-One over Republicans

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With midterm elections this year, Ohio’s 2022 congressional redistricting plans are under scrutiny. The state lost one congressional district last year, bringing the total number down to 15.

The Ohio Supreme Court recently struck down new redistricted maps and gave the Ohio Redistricting Commission until Feb. 17 to draw new maps. As the deadline approached, the Commission decided they were at an “impasse” and negotiations came to a halt as of this writing.

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Former President George W. Bush Donates to Pro-Impeachment Republicans

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Former President George W. Bush’s most recent donations to Republican candidates included maximum contributions to the campaigns of two Republicans who voted in favor of impeaching President Donald Trump.

Politico reports that the only donations made by the 43rd president in the year 2021 were to the campaigns of Congresswoman Liz Cheney (R-Wyo.) and Senator Lisa Murkowski (R-Alaska). Bush gave the maximum possible amount of $5,800 to Cheney in October, while also giving $2,900 to Murkowski’s campaign. According to FEC filings, Bush had also previously donated to Cheney’s first campaign for the House of Representatives in 2016; Cheney is the daughter of Bush’s former Vice President Dick Cheney.

Both represent small portions of each candidates’ respective war chests, with Cheney finishing the year with $1.9 million and Murkowski raising $4.7 million; but the symbolism of the former president only donating to Republicans who voted to impeach President Trump speaks volumes about the ongoing divide between the previous generations of Republican leadership and the rising “America First” movement, led by Trump.

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Amazon Mogul Jeff Bezos Will Donate $100 Million to Obama Foundation in Honor of John Lewis

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Jeff Bezos, the founder and former CEO of Amazon, has announced a donation of $100 million to the Obama Foundation in honor of the legacy of civil rights icon and former Congressman John Lewis.

“Freedom fighters deserve a special place in the pantheon of heroes, and I can’t think of a more fitting person to honor with this gift than John Lewis, a great American leader and a man of extraordinary decency and courage,” Bezos said in a statement. “I’m thrilled to support President and Mrs. Obama and their Foundation in its mission to train and inspire tomorrow’s leaders.”

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President Trump Donates Second Paycheck to Department of Education

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Tennessee Star

  President Trump announced his second paycheck will be donated to the Department of Education. In a statement, the Trump Administration earmarked the funds specifically to host a Science, Technology, Engineering, and Math (STEM) camp for students. It’s not the first time President Trump has sought to focus attention on the teaching of the hard sciences, the statement points out. Earlier in the year, President Trump signed the INSPIRE Act which encourages NASA to have women and girls participate in science, technology, engineering, mathematics, and to pursue careers in aerospace. He also signed the Promoting Women in Entrepreneurship Act which aims to enable the National Science Foundation to support women in the sciences. In the last pay period, President Trump kept his promise to not take his $400,000 a year salary by donating his first quarter check to the Department of Interior.  

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