Private Universities Should Stop Wealth-Hoarding and Share

[Iglooo]

the thing that gets me is when a person donates 50,100,200 million or whatever to a Harvard or Stanford when they already have zillions of dollars. why not give it to a school that only has 15,20,30 million endowment and really make a difference.

And if you realize you are matching those donations 1.5 to 1 in practice? Actually it’s more since the income generated is not taxed either.