• ShittyBeatlesFCPres@lemmy.world
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    5 days ago

    Yes and their endowment isn’t the same as regular colleges and universities. For one thing, they own lots of Boston properties and priceless paintings that probably aren’t really priced correctly. So, reported value it really an underestimate. But they also have nigh unlimited alumni who donate in the millions because it’s pocket change but they would/could donate a lot more if you pissed them off.

    Trump and Elon Musk are rich to us but Harvard (and Yale and a few others) have alumni who don’t donate “a lot” to the school each year but they have a money cannon ready and can refill the coffers. Stupid mafia tactics aren’t going to work. They will win and you might die.