In this accusatory age, donors must approach their generosity with caution.
In deference to manufactured mobs, major universities and museums now oversee extensive investigations of potential donors before accepting financial support.
The university's policy also "Re-articulates standards against accepting gifts if the funds or property were not acquired legally, or if the intended purpose or association with the donor could inflict damage on the University's standing or integrity, or runs counter to University values." The question of whether money is acquired legally is easy to answer, but whether a gift could affect a university's standing or clash with its values is more fraught.
In today's climate, any gift could conceivably test university standards.
In a recent article on "Toxic donors," the Chronicle of Philanthropy describes how "Many large nonprofits employ prospect researchers who uncover as much as they can about potential major donors before they make a gift [including] ... how potential donors made their money, whether they actually have the money to contribute, and which other institutions they have given to." But when a line is crossed could remain unclear.
According to the Chronicle, researchers "Are digging into family backgrounds to understand the historic nature of a potential donor's wealth. And they are monitoring the media more closely to identify news stories that may affect the donor." This clearly signals a precarious future for potential donors, who will submit to FBI-level background checks before an institution can accept a large gift.
What does the future hold for wealthy donors? Some will continue trying to give their money away-maybe even in the hope that it will burnish their reputations among the progressives running these institutions.
https://www.city-journal.org/donors-political-controversy
In deference to manufactured mobs, major universities and museums now oversee extensive investigations of potential donors before accepting financial support.
The university's policy also "Re-articulates standards against accepting gifts if the funds or property were not acquired legally, or if the intended purpose or association with the donor could inflict damage on the University's standing or integrity, or runs counter to University values." The question of whether money is acquired legally is easy to answer, but whether a gift could affect a university's standing or clash with its values is more fraught.
In today's climate, any gift could conceivably test university standards.
In a recent article on "Toxic donors," the Chronicle of Philanthropy describes how "Many large nonprofits employ prospect researchers who uncover as much as they can about potential major donors before they make a gift [including] ... how potential donors made their money, whether they actually have the money to contribute, and which other institutions they have given to." But when a line is crossed could remain unclear.
According to the Chronicle, researchers "Are digging into family backgrounds to understand the historic nature of a potential donor's wealth. And they are monitoring the media more closely to identify news stories that may affect the donor." This clearly signals a precarious future for potential donors, who will submit to FBI-level background checks before an institution can accept a large gift.
What does the future hold for wealthy donors? Some will continue trying to give their money away-maybe even in the hope that it will burnish their reputations among the progressives running these institutions.
https://www.city-journal.org/donors-political-controversy
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