Donations To Already Wealthy Colleges

I’ll admit that I give to my alma mater solely for the purpose of a legacy admit tip for my kid. I would also consider giving if I felt that it would somehow help me professionally. I know that sounds crass, but it’s the truth. Instead I give to our local children’s hospital and to my kid’s grammar school (even though she long since left) because they do a lot on a shoe string budget and really need the money.