Tag: Amy Gutmann

Former Penn President Amy Gutmann Earned Nearly $23 Million in 2021: Report

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Former University of Pennsylvania President Amy Gutmann earned $22.76 million in 2021, most of which was due to a contractual accrued deferred compensation payout, the Philadelphia Inquirer reported.

“Gutmann’s total figure for 2021, reported on the 990 tax form, includes her annual compensation of a base salary of $1.56 million and a bonus of $1 million and the $20.2 million deferred compensation and supplemental retirement funds, which also includes investment gains the money made over 17 years,” the Inquirer reported June 17.

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Watchdogs Have Long Warned About Biden’s Pay-to-Play Penn Biden Center

M.D. Kittle

The Penn Biden Center for Diplomacy and Global Engagement opened in 2018 as then-former Vice President Joe Biden’s “think tank.” It was founded, according to the institution, “on the principle that a democratic, open, secure, tolerant, and interconnected world benefits all Americans.” But it looks like Biden, his 2020 presidential campaign, his liberal allies, and perhaps some foreign friends have grabbed the brunt of the center’s benefits.  

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Schweizer: Yale, Other U.S. Institutions of Higher Learning Fail to Report Millions of Dollars From China, Chinese Nationals

Neil W. McCabe

The investigative reporter and author of the new book “Red-Handed: How American Elites Get Rich Helping China Win” told The Star News Network that U.S. colleges and universities, such as the case with Yale University and Joseph Tsai, are not complying with federal reporting laws in regards to their gifts from China and Chinese nationals.

“Section 117 of the Higher Education Act of 1965 is very explicit,” said Peter Schweizer, the founder and president of the Government Accountability Institute and the host of “The Drill Down” podcast. “It says that if U.S. colleges and universities take in foreign donations, they’re required to report those to the federal government.”

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New Book Reveals Chinese Dollars to University of Pennsylvania Tripled After Biden Center Founding

Bradley Vasoli

As President Joe Biden’s nomination of University of Pennsylvania President Amy Gutmann as ambassador to Germany proceeds in the U.S. Senate, a new book reveals that financial support from communist China to her university nearly tripled after the school established its Biden Center four years ago.

The flow of dollars from People’s Republic of China entities to Penn has already fueled contentiousness about Gutmann’s nomination. In a November letter to Republican and Democratic leaders of the Senate Foreign Relations Committee, Sens. Marco Rubio (R-FL), Ron Johnson (R-WI) and Ted Cruz (R-TX) expressed their concern regarding the amount of money the university has accepted from Chinese institutions and companies. Committee Ranking Member Jim Risch (R-ID) has since come out against Gutmann’s prospective appointment and has cited the $86 million in Chinese contributions and contracts that Penn has received since 2014.

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