{"id":2075554,"date":"2023-10-22T03:37:04","date_gmt":"2023-10-22T07:37:04","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/upenn-faces-donor-exodus-over-israel-hamas-war-and-pro-palestine-writing-event\/"},"modified":"2023-10-22T03:39:23","modified_gmt":"2023-10-22T07:39:23","slug":"upenn-faces-donor-exodus-over-israel-hamas-war-and-pro-palestine-writing-event","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/upenn-faces-donor-exodus-over-israel-hamas-war-and-pro-palestine-writing-event\/","title":{"rendered":"UPenn loses donors due to Israel-Hamas conflict and pro-Palestine event."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">20<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fupenn-faces-donor-exodus-over-israel-hamas-war-and-pro-palestine-writing-event%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2075554&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><blockquote>\n<h2>University of\u2064 Pennsylvania Faces Backlash from Donors Over Israel-Hamas War and Alleged Antisemitism<\/h2>\n<p>The University of \u200cPennsylvania (UPenn) is experiencing a decline in financial support from\u200b influential donors due to its \u2063handling of the ongoing Israel-Hamas war and allegations of antisemitism on \u200dcampus.<\/p>\n<p>Billionaire \u2063Clifford Asness, an alumnus of UPenn, \u200cis the latest major donor to distance himself \u2062from the prestigious Ivy League institution.<\/p>\n<div class=\"my-5\">\n<p>In a scathing\u2064 letter addressed\u2063 to UPenn \u200bPresident Elizabeth Magill on October 16, Mr. Asness\u2062 criticized the university for straying \u2064from the principles of freedom of thought and expression. He specifically called out UPenn&#8217;s hosting of a Palestinian literature festival in September, describing it as\u2062 an &#8220;antisemitic Burning Man festival.&#8221;<\/p>\n<\/p><\/div>\n<div class=\"shortcode\">\n<div class=\"border-comp-divider mb-4 mr-4 w-full max-w-[500px] border px-5 py-4 text-[16px] leading-[20px] text-[#262626] md:float-left\" id=\"in_article_related_stories\">\n<h2 class=\"mb-3 font-sans text-[16px] font-semibold uppercase leading-[19px] text-[#2F2F2F]\">Related Stories<\/h2>\n<div class=\"mb-4 flex gap-2\">\n<div class=\"grow\">\n<div class=\"mb-1 line-clamp-4 sm:line-clamp-3\">\n            <a href=\"http:\/\/www.theepochtimes.com\/us\/newsom-approves-funding-to-boost-security-at-places-of-worship-amid-israel-hamas-conflict-5514299?ea_src=author_manual&#038;ea_med=related_stories\"><\/p>\n<h3 class=\"text-sm sm:text-base\">Newsom Approves Funding to Boost \u2062Security at\u200c Places of Worship in California Amid Israel-Hamas \u200cConflict<\/h3>\n<p>            <\/a>\n          <\/div>\n<div class=\"text-comp-caption text-[14px] leading-[18px]\">10\/20\/2023<\/div>\n<\/p><\/div>\n<div class=\"shrink-0 basis-[70px] sm:basis-[120px]\">\n          <a href=\"http:\/\/www.theepochtimes.com\/us\/newsom-approves-funding-to-boost-security-at-places-of-worship-amid-israel-hamas-conflict-5514299?ea_src=author_manual&#038;ea_med=related_stories\">\n            <picture><source type=\"image\/webp\" https:><\/source><source type=\"image\/*\" https:><\/source>\n            <\/picture>\n          <\/a>\n        <\/div>\n<\/p><\/div>\n<div class=\"mb-4 flex gap-2\">\n<div class=\"grow\">\n<div class=\"mb-1 line-clamp-4 sm:line-clamp-3\">\n            <a href=\"http:\/\/www.theepochtimes.com\/article\/harvard-students-lose-job-offers-over-student-groups-statements-on-israel-hamas-war-5513973?ea_src=author_manual&#038;ea_med=related_stories\"><\/p>\n<h3 class=\"text-sm sm:text-base\">Harvard Students Lose Job Offers Over \u200cStudent \u2063Groups&#8217; Statements on Israel\u2013Hamas War<\/h3>\n<p>            <\/a>\n          <\/div>\n<div class=\"text-comp-caption text-[14px] leading-[18px]\">10\/20\/2023<\/div>\n<\/p><\/div>\n<div class=\"shrink-0 basis-[70px] sm:basis-[120px]\">\n          <a href=\"http:\/\/www.theepochtimes.com\/article\/harvard-students-lose-job-offers-over-student-groups-statements-on-israel-hamas-war-5513973?ea_src=author_manual&#038;ea_med=related_stories\">\n            <picture><source type=\"image\/webp\" https:><\/source><source type=\"image\/*\" https:><\/source>\n            <\/picture>\n          <\/a>\n        <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>&#8220;Of course, most distressing to me was your \u2063first\u200b statement making vague equivalences between the intentional murder of children (and others) by terrorists and the accidental\u2062 injury to children\u200d that sadly occurs when murdering terrorists hide behind children to escape justice,&#8221; wrote the 57-year-old\u2062 billionaire.<\/p>\n<p>Mr. Asness also revealed that he had fulfilled his five-year pledge payments \u2063to UPenn and would not consider further donations until significant changes are made.<\/p>\n<div class=\"my-5\">\n<p>Clifford Asness, a <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/fncs-carlson-gamestop-saga-shows-system-is-not-the-capitalism-we-were-promised-not-even-close\/\" title=\"FNC's Carlson: GameStop Saga Shows System Is 'Not the Capitalism We Were Promised -- Not Even Close'\">hedge fund manager<\/a> and co-founder of AQR Capital Management, which oversees $100 billion in assets, is worth $1.6 billion according to Forbes. His decision to withdraw funding from UPenn is not an\u2064 isolated incident.<\/p>\n<\/p><\/div>\n<div class=\"shortcode post-related-videos\">\n<div class=\"lazyload-wrapper\">\n<div class=\"lazyload-placeholder\"><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"my-5\">\n<p>Marc Rowan, CEO of Apollo Global Management and a\u200d generous UPenn \u200balumnus who, along with his wife, donated $50 million to the school in 2018, was among the \u2063first\u200c high-profile donors to halt contributions.<\/p>\n<\/p><\/div>\n<p>In a letter published by eJewish \u200dPhilanthropy, Mr. Rowan expressed his disappointment with UPenn&#8217;s failure to condemn the\u200b Palestine Writes festival, stating, &#8220;Two weeks and more than 1,000 slaughtered\u2062 and kidnapped Israeli civilians later, UPenn has still not condemned the hate-filled Palestine Writes festival.&#8221;<\/p>\n<p>He\u200d called on all UPenn alumni and supporters who disagree with the university&#8217;s\u2064 current direction to withhold funding until President Magill and Chairman Scott \u200dL. Bok step\u2062 down.<\/p>\n<div class=\"my-5\">\n<p>&#8220;It is time for the\u2063 trustees to begin moving \u200dUPenn in a new direction. Join me and \u200bmany\u2063 others who love UPenn by sending the university $1 \u200cin place of your normal discretionary contribution, so that \u200bno one misses the point,&#8221; he stated.<\/p>\n<\/p><\/div>\n<h2>Tensions Rise Amid \u2062Israel-Hamas War<\/h2>\n<p>The\u200c impact of discussions surrounding \u2063the Israel-Hamas conflict on college campuses extends beyond academia, as alumni donors and\u2064 potential employers scrutinize the responses of students and \u2064school \u2064leaders.<\/p>\n<p>At Harvard, the backlash has already led to\u200d the Wexner Foundation, \u2064a philanthropic organization established by Leslie Wexner and his wife, severing ties with the\u200b university after 34 years of partnership. The foundation cited Harvard&#8217;s handling of Hamas&#8217; attacks as \u200d&#8221;tiptoeing&#8221; \u200cand &#8220;equivocating,&#8221; according\u2063 to \u2062the\u2062 Harvard Crimson.<\/p>\n<div class=\"my-5\">\n<p>Additionally, several law firms, including Davis\u2063 Polk &#038; Wardwell\u200c and Winston &#038; Strawn, have <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/bitcoin-drops-below-18k\/\" title=\"Bitcoin Drops Below k\">rescinded job offers<\/a> from students who \u200dsigned or drafted public statements holding \u200cIsrael accountable for the tragic loss \u2064of \u200blife in the Hamas attack.<\/p>\n<\/p><\/div>\n<\/blockquote>\n<p> <\/p>\n<h2> What steps can \u200cuniversities take to address concerns of antisemitism on campus and maintain a diverse and inclusive \u200denvironment?<\/h2>\n<p><span>  University \u2064of\u2062 Pennsylvania (UPenn) is facing criticism \u2064and \u200ba \u2062decline in financial support from influential donors \u200cdue to its handling of the\u200b ongoing Israel-Hamas war\u200d and allegations of antisemitism on campus. This backlash highlights the challenges universities \u200cface in \u2063<a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/upenn-faces-donor-exodus-over-israel-hamas-war-and-pro-palestine-writing-event\/\" title=\"UPenn loses donors due to Israel-Hamas conflict and pro-Palestine event.\">navigating sensitive political issues<\/a> while maintaining support\u200d from their donors.<\/p>\n<p>Billionaire Clifford Asness, \u2064an \u2064alumnus of UPenn, is\u2063 the\u200d latest \u2062major donor to distance himself from the prestigious Ivy\u200c League institution. In a\u200b scathing \u200dletter\u2063 addressed to UPenn President Elizabeth Magill, Mr. Asness criticized the university for straying from \u200dthe principles of\u2063 freedom of thought and expression. He specifically called out UPenn&#8217;s hosting of\u2064 a Palestinian literature festival in September, describing it as an &#8220;antisemitic Burning Man festival.&#8221;<\/p>\n<p>Mr. Asness \u200cexpressed his distress\u200d over UPenn&#8217;s vague equivalences \u2062between the intentional murder of children by \u200dterrorists \u2064and accidental injuries to \u2064children that occur when \u2062terrorists hide behind\u2063 them. He announced that he \u200bhad fulfilled his five-year pledge payments to UPenn\u200c and \u200cwould\u200c not consider \u200dfurther donations until significant\u2062 changes are made.<\/p>\n<p>Clifford Asness, a hedge fund\u2062 manager and co-founder of AQR Capital\u2064 Management, which \u2063oversees $100 billion in assets, is worth \u2062$1.6\u200b billion according to Forbes. His decision to withdraw funding from UPenn is not an \u2063isolated incident. It reflects broader concerns among donors about the university&#8217;s handling of the Israel-Hamas conflict and allegations of antisemitism.\u2064 <\/p>\n<p>The current controversy at UPenn highlights the delicate balance universities \u2062must maintain. On \u200bone\u200c hand,\u200d they must strive to promote freedom of thought \u200cand expression on campus and allow for\u200c a diversity of perspectives. On \u2062the other hand, \u2064they must address \u200cconcerns about bigotry \u2062and discrimination, including \u2063allegations of antisemitism.<\/p>\n<p>Universities have a responsibility\u200d to foster a safe and inclusive environment for all students, \u2063regardless of their backgrounds. It is crucial for them to address any allegations of antisemitism<\/p>\n","protected":false},"excerpt":{"rendered":"<p>University of Pennsylvania (UPenn) is losing financial support from influential donors due to its handling of the Israel-Hamas conflict and alleged antisemitism on campus. UPenn alumnus and billionaire Clifford Asness is the latest major donor to withdraw his funding. Asness expressed his concerns in a letter to UPenn&#8217;s President.<\/p>\n","protected":false},"author":2491,"featured_media":2075555,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[543],"tags":[],"class_list":["post-2075554","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-epoch-times"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2075554","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/2491"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2075554"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2075554\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2075555"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2075554"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2075554"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2075554"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}